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Amazing Update: RBI Makes Loans Easier for People with Low CIBIL Scores

Amazing Update: RBI Makes Loans Easier for People with Low CIBIL Scores

In a big move, the Reserve Bank of India (RBI) has introduced new rules to help people with…

India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

Prakash said the VC industry has undergone a clear shift in the last six to nine months, with…

Unlocking Potential: Advancing Cooperation between SMEs in India and Türkiye

Unlocking Potential: Advancing Cooperation between SMEs in India and Türkiye

In an increasingly interconnected global economy, the role of Small and Medium-sized Enterprises (SMEs) cannot be underestimated. SMEs…

India’s overall exports cross an all time high of US$ 750 Billion in the 75th year of independence: Sh. Piyush Goyal

India’s overall exports cross an all time high of US$ 750 Billion in the 75th year of independence: Sh. Piyush Goyal

Exports milestone achieved amidst extremely challenging global economic situation: Shri Goyal 5 Prans articulated by the PM will…

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

In May, The Indian Express reported that India’s labor-intensive sectors such as textiles, leather, gems and jewelry, and…

MSMEs Prioritize Loans for Immediate Needs: Study

MSMEs Prioritize Loans for Immediate Needs: Study

A recent study by Paisabazaar reveals that over 70% of MSMEs and self-employed individuals seek loans for immediate…

Recent Posts

UP approves policy to boost manufacturing of key electronics components

UP approves policy to boost manufacturing of key electronics components

BySMEConnect-DeskSep 2, 20253 min read

The policy, aligned with the Centre’s Electronics Component Manufacturing Scheme (ECMS), will come into effect from April 1, 2025, for a period of six years, according to an official statement. The Uttar Pradesh Government on Tuesday approved an electronics component manufacturing policy with an investment target of Rs 5,000 crores to promote production of 11 […]

E-commerce startup CityMall grabs $47M funding led by Accel

E-commerce startup CityMall grabs $47M funding led by Accel

BySMEConnect-DeskSep 2, 20252 min read

With the fresh capital, CityMall plans to expand deeper into existing geographies, foray into adjacent markets, strengthen its supply chain network and invest in private labels and brand partnerships. CityMall,…

Industry 5.0 is the next big leap for India

Industry 5.0 is the next big leap for India

BySMEConnect-DeskSep 1, 20255 min read

With greater emphasis on collaboration between humans and intelligent machines, workers need to be proficient in emerging technologies like artificial intelligence, robotics, data analytics, cybersecurity and the Internet of Things.…

PMI manufacturing inched up to 59.3 in August:

PMI manufacturing inched up to 59.3 in August:

BySMEConnect-DeskSep 1, 20253 min read

Manufacturing accounts for around 17% of India’s gross domestic product. With frontloading of production to complete the pre-50% tariff exports, Purchasing Managers Index (PMI) for manufacturing sector rose to 59.3 in August as against…

CBDT eases black money rules: Why experts are calling it a pragmatic move

CBDT eases black money rules: Why experts are calling it a pragmatic move

BySMEConnect-DeskSep 1, 20253 min read

Taxpayers with undisclosed foreign assets worth up to ₹20 lakhs, excluding property, will not face penalty or prosecution under revised Black Money Act rules. The Income Tax Department has relaxed…