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REVENUE DECLINE MSMES
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
India spots an export champion in a sector tariffs failed to sinkIndia's seafood sector has demonstrated remarkable resilience, transforming a 50% US tariff into a catalyst for growth. Through strategic m...
DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
A ₹18,000 crore blow seen for India's aviation story as West Asia conflict clips wingsIndia's aviation and tourism sectors are currently navigating turbulent skies due to the unrest in West Asia. Airlines are challenged with ...
MSMEs in textiles, gems, auto face stress from US tariffs while showing resilience in domestic market: ReportIndia's MSME sector shows resilience despite global trade challenges. A new report highlights smooth credit access for most small businesse...
Trump's tariffs set to hit Tirupur garment makers, Surat diamond polishers severelyIndian MSMEs, particularly in Tirupur's garment industry and Surat's diamond sector, brace for impact as the US imposes higher tariffs, pot...
Budget lays the foundation for a sustained growthFinance Minister Nirmala Sitharaman's budget focuses on inclusive growth, boosting domestic consumption, and fiscal stability. Key highligh...
E-commerce, digital transformation keys for growth of MSMEsDespite the Covid shock, MSMEs that integrated with e-commerce platforms experienced an increase in sales, turnover, and profits.
Covid fallout: Govt says ‘67% MSMEs were temporarily closed’ in FY21; industry insists blow much biggerOver 50% of the respondent units witnessed a decline of over 25% in their revenues in 2020-21.
Rahul Gandhi attacks government on issue of unemployment"The unease of doing business. The pain of jobless youth. The compulsive lies of Modi Government. #KiskeAccheDin," Gandhi said on Twitter.
MSMEs need most policy attention, govt to do whatever required to promote sector: Niti AayogListing out several measures announced by the government to help the MSME sector, Niti Aayog VC said that under the Emergency Credit Line G...
Auto MSMEs face hard times for want of cash inflow, orders and labourMore than 85% of the Indian component industry are MSMEs, majority of which are Tier-II and Tier-III players that supply parts and sub-asse...
A case for better tax-policies for MSMEsTax reforms and schemes that ought to encourage trading and ease of business – including on e-commerce platforms – have seemingly complicat...
MSME units engaged as vendors with the government or PSUs likely to revive first: Dun & Bradstreet reportMSMEs have largely borne the brunt of the disruption in the supply chain, scarcity of raw materials, unavailability of migrant labours and ...
Large corporations hold back Rs 3.3 lakh crore payment to MSMEs: StudyA research by rating agency Crisil, had earlier said the 5% contraction in the Indian economy wrought by the Covid-19 pandemic could lead t...
MSMEs face existential crisis, revenue to fall a fifth: ReportFor MSMEs, the fall in revenue will be steeper at 17-21%, while Ebitda margin will shrink 200-300 bps to 4-5%.
Covid-19 impact: Small, medium size realtors' FY21 revenue growth may halve, reportThe 5% contraction in the Indian economy as expected by CRISIL this fiscal – wrought by the Covid-19 pandemic – will significantly hurt MSM...