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Credit card delinquencies rise even as retail credit growth moderates

Credit card delinquencies rise even as retail credit growth moderates

Balance-level delinquencies in credit card segment stood at 1.8% in Q1FY25 – highest among all other credit divisions.…

Recommendations of 50th meeting of GST Council

Recommendations of 50th meeting of GST Council

GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28%…

Economists bat for capex push, fiscal prudence and more jobs at pre-Budget meet

Economists bat for capex push, fiscal prudence and more jobs at pre-Budget meet

Budget 2024 Expectations: Economists batted for continuing the capital spending push to spur growth, fiscal prudence and steps…

Signing of arrangement regarding Republic of Korea’s Economic Development Cooperation Fund (EDCF) loan to India

Signing of arrangement regarding Republic of Korea’s Economic Development Cooperation Fund (EDCF) loan to India

The arrangement between Government of India and Government of Republic of Korea regarding the Economic Development Cooperation Fund…

India Unveils New Electronics Manufacturing Scheme to Boost Global Role:

India Unveils New Electronics Manufacturing Scheme to Boost Global Role:

In a major boost to India’s electronics manufacturing ecosystem, Union Minister for Electronics and Information Technology, Railways, and…

Recent Posts

INTERACTIVE MEETING WITH Chairman & Managing Director Larsen & Toubro Limited

INTERACTIVE MEETING WITH Chairman & Managing Director Larsen & Toubro Limited

BySMEConnect-DeskFeb 1, 20251 min read

Shri Chandrakant Salunkhe, Founder & President, SME Chamber of India and Maharashtra Industry Development Association paid a courtesy visit to Shri S. N. Subrahmanyan, Chairman & Managing Director of M/s. Larsen & Toubro Limited to discuss on the various potential opportunities for SMEs and manufacturing industries for supply chain and other business opportunities with the […]

India’s exports grow by 6% as both merchandise and services exports overcome global headwinds, global competition and rising protectionism: Economic Survey 2024-25

India’s exports grow by 6% as both merchandise and services exports overcome global headwinds, global competition and rising protectionism: Economic Survey 2024-25

BySMEConnect-DeskJan 31, 20258 min read

India’s share in global services exports doubles from 1.9% in 2005 to 4.3% in 2023. Gross FDI increases from USD 47.2 billion to USD 55.6 billion in the first eight…

Credit Guarantee Scheme for MSMEs

Credit Guarantee Scheme for MSMEs

BySMEConnect-DeskJan 30, 20253 min read

The Government of India has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aiming to ease credit constraints and propel growth in the manufacturing sector. About: The Micro, Small, and Medium…

Shri Chandrakant Salunkhe Invited by J&K CM Omar Abdullah to Discuss Industrial Growth and SME Development

Shri Chandrakant Salunkhe Invited by J&K CM Omar Abdullah to Discuss Industrial Growth and SME Development

BySMEConnect-DeskJan 29, 20251 min read

Shri Chandrakant Salunkhe Founder and President SME Chamber of India and Federation of Indian SME Associations has been invited by Hon’ble Chief Minister of Jammu and Kashmir Shri Omar Abdullah…

Shri Chandrakant Salunkhe Recognized for Transforming the SME & Manufacturing Landscape at Udyog Sammelan organised by ZEE media

Shri Chandrakant Salunkhe Recognized for Transforming the SME & Manufacturing Landscape at Udyog Sammelan organised by ZEE media

BySMEConnect-DeskJan 27, 20251 min read

Shri Chandrakant Salunkhe, Founder & President, Maharashtra Industry Development Association and SME Chamber of India was felicitated by Hon’ble Minister for Industry of Maharashtra, Shri. Uday Samant and Hon’ble Minister…