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Finance Ministry plans consultations with India Inc. to boost job creation amid slowing wage growth

Finance Ministry plans consultations with India Inc. to boost job creation amid slowing wage growth

Efforts to help industry, especially MSMEs to achieve scale and thereby ensuring better wages is key, since the…

Industry leaders urge single-window clearance for GCCs, startups amid US H1B visa policy changes

Industry leaders urge single-window clearance for GCCs, startups amid US H1B visa policy changes

Indian industry leaders are advocating for a streamlined single-window clearance system to attract Global Capability Centers, startups and…

SUMMARY OF THE INTERIM UNION BUDGET 2024-25

SUMMARY OF THE INTERIM UNION BUDGET 2024-25

INDIA’S REAL GDP PROJECTED TO GROW AT 7.3 PER CENT IN FY 2023-24 FINANCE AND CORPORATE AFFAIRS MINISTER…

How China is quietly slowing India’s manufacturing growth

How China is quietly slowing India’s manufacturing growth

China is quietly tailoring its global investment strategy to slow India’s rise as a manufacturing rival. As companies…

Andhra Pradesh Chambers seek support for MSMEs

Andhra Pradesh Chambers seek support for MSMEs

AP Chambers submitted a set of key recommendations to strengthen the MSME sector.   The Andhra Pradesh Chambers…

Recent Posts

How RBI earns profit, decides dividend: Explained

How RBI earns profit, decides dividend: Explained

BySMEConnect-DeskMay 24, 20254 min read

Is the Reserve Bank of India supposed to make profits? RBI’s main job is not to make profits but to keep the economy stable. Its goal is to make sure that prices of everyday items don’t rise too fast and that borrowing rates and exchange rates stay steady without wild swings, while still reflecting demand […]

RBI reviewing shareholding norms for banks, says Governor, Sanjay Malhotra

RBI reviewing shareholding norms for banks, says Governor, Sanjay Malhotra

BySMEConnect-DeskMay 23, 20253 min read

RBI is examining shareholding norms and licensing rules for banks, as part of a broader review, Governor, Sanjay Malhotra said. India’s central bank is examining shareholding norms and licensing rules…

This Unique Train in India Runs Only Once a Year & Covers 8,000 Kms. to Inspire Young Leaders

This Unique Train in India Runs Only Once a Year & Covers 8,000 Kms. to Inspire Young Leaders

BySMEConnect-DeskMay 23, 20253 min read

Called the world’s largest entrepreneurial train journey, the Jagriti Yatra is a special train in India that is aimed to grow the community of entrepreneurs in India by immersing them…

No refund, no trip: Indians lost Rs.136 crores to Schengen Visa rejections in 2024, third worst-affected nation

No refund, no trip: Indians lost Rs.136 crores to Schengen Visa rejections in 2024, third worst-affected nation

BySMEConnect-DeskMay 23, 20253 min read

Of the 11.08 lakh Schengen visa applications filed from India, 1,65,266 were turned down, a rejection rate of nearly 15%.  When Indian travelers dreamt of a European escape in 2024, over…

India’s MSME Commercial Credit Portfolio Grew 13% YoY with Overall Delinquency Rate Falling to Five-Year Low

India’s MSME Commercial Credit Portfolio Grew 13% YoY with Overall Delinquency Rate Falling to Five-Year Low

BySMEConnect-DeskMay 22, 20256 min read

Overall MSME commercial credit exposure increased to ₹ 35 lakh crore as of end-March 2025, against ₹ 31 lakh crore as of end-March 2024 Overall balance-level serious delinquencies fell to…