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GST SAHAY
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...- OPL in talks to sell stake to AvenuesAI, eyes AI-powered credit revolutionOnline PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...
- India Inc favours stability & reforms over Budget 2026 splurgeBudget 2026: In the face of global instability, industry leaders and economists are calling on the government to maintain its reform agenda...
- India steady amid levy, GST kitty up 6.5% in AugustIndia's economy showed resilience in August, with strong domestic GST collections and UPI transactions offsetting concerns about higher US ...
- India’s growth engine loses steam in June, may get back on track soonIndia's economic growth experienced a slowdown in June, reflected in GST collections, car sales, and UPI transactions. However, manufacturi...
- Non-bank lenders 'LAP' up opportunity to tap MSMEsIn the absence of banks, which focus on loans of Rs 15-20 lakh, NBFCs are finding growth opportunities in the high yielding micro-LAP (loan...
- GetVantage launches AI-powered GrowthSahay, commits Rs 500 crore for MSME financingAs a founding member of the Priority Sector Lenders Association of India (PSLAI), GetVantage is committed to expanding credit access for In...
- Bengaluru Police arrest four CGST officials after they extort Rs 1.5 cr from businessman posing as GST & ED officialsBengaluru's central crime branch police have arrested four officials from the GST Intelligence, Bengaluru Zonal Unit for conducting an unau...
- How ULI, OCEN will redefine credit access to small companies, rural borrowersThe Unified Lending Interface (ULI), which will be rolled out soon nationwide and the Open Credit Enablement Network (OCEN) launched in 202...
- How GST ensured fast credit growth to MSMEsIn January 2024, credit to the industry expanded by 7.8% y-o-y, down from the 8.7% growth recorded in January 2023.
- We are hoping to be closer to 25% of MSME lending in India in 2-3 years: SIDBI’s Prakash KumarPrakash Kumar, DMD, SIDBI explains the various initiatives being undertaken by them to reform the MSME ecosystem and why bringing more micr...
- Fintech startup FinAGG raises $11 million in funding from Tata Capital, BlueOrchardFinAGG Technologies, a fintech startup that provides working capital solutions to micro, small and medium enterprises, on Thursday said it ...
- SIDBI signs pact with DLAI to boost fintech sectorThe Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding with the Digital Lenders Association of Ind...
- How OCEN is democratising credit: Smallest loan worth Rs 160 sanctioned in less than 10 minutesOCEN is an emerging lending platform that connects Loan Service Providers (LSPs) like fintech firms and e-commerce players, as well as trad...
- CPI could rise 100-125 bps if GST rates raised as suggested by the finance commission: Report"We estimate that headline consumer price index (CPI) would rise by 100-125bps in the event of an effective 1percentage point(ppt) increase...
- ET Poll: FY21 GDP growth may have got a Q4 booster shotMost high-speed indicators gained strength in the March quarter as the first Covid wave waned and the economy picked up pace, but the catas...
- Stalled: The Gold Rush
- iSPIRT in front seat as Centre's plans of a credit platform for MSMEs takes shapeThe think tank is in talks with “more than 30 consumer-facing entities” to become third-party service providers on the common network proto...
- Ecommerce companies drive CV demand post GSTMajor CV makers, including Tata Motors, Ashok Leyland and Mahindra Truck & Bus, report a significant surge in sales to transporters caterin...
- July IIP likely to contract further: Anubhuti Sahay, StanChart Bank“June was when production was cut sharply but July probably was not the month when business was back to normal.”
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