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DPIIT and Ministry of Rural Development jointly launch ‘ODOP’ Wall at SARAS Ajeevika Store

DPIIT and Ministry of Rural Development jointly launch ‘ODOP’ Wall at SARAS Ajeevika Store

Collaboration to promote indigenous crafts and artisans of India In a significant step towards promoting the indigenous crafts…

Shri Piyush Goyal participates in virtual Ministerial Meeting on Economic Benefits for the Indo-Pacific Economic Framework for Prosperity

Shri Piyush Goyal participates in virtual Ministerial Meeting on Economic Benefits for the Indo-Pacific Economic Framework for Prosperity

India to host next special negotiation round for Pillars II-IV of Indo-Pacific Economic Framework (IPEF) Union Minister of…

Creating domestic ‘Big Four’: ICAI developing digital platform to facilitate CA firm mergers, tie-ups

Creating domestic ‘Big Four’: ICAI developing digital platform to facilitate CA firm mergers, tie-ups

The Institute of Chartered Accountants of India plans to launch a digital platform. It will help accounting firms…

India’s first Indigenously developed, Affordable, lightweight, Ultrafast, High Field

India’s first Indigenously developed, Affordable, lightweight, Ultrafast, High Field

Union Minister Dr Jitendra Singh launches India’s first Indigenously developed, Affordable, lightweight, Ultrafast, High Field (1.5 Tesla), Next…

Finance Minister also releases three souvenir coins, available for purchase from the SPMCIL website

Finance Minister also releases three souvenir coins, available for purchase from the SPMCIL website

Union Finance Minister Smt. Nirmala Sitharaman presides over 19th Foundation Day celebrations of Security Printing and Minting Corporation…

Public procurement rules revised to boost local manufacturing

Public procurement rules revised to boost local manufacturing

The most visible impact of this order will be seen in the Government buying of IT and other…

Recent Posts

Credit card delinquencies rise even as retail credit growth moderates

Credit card delinquencies rise even as retail credit growth moderates

BySMEConnect-DeskSep 29, 20242 min read

Balance-level delinquencies in credit card segment stood at 1.8% in Q1FY25 – highest among all other credit divisions. Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit […]

Digital lenders’ loan disbursals rise 27% in first quarter: Report

Digital lenders’ loan disbursals rise 27% in first quarter: Report

BySMEConnect-DeskSep 29, 20242 min read

The report, which tracks digital loans for the June quarter, highlights disbursement trends from 33 FACE members. Loans disbursed by digital lenders have risen by 27% to Rs 37,676 crores,…

Bridging India’s manufacturing gap

Bridging India’s manufacturing gap

BySMEConnect-DeskSep 28, 20245 min read

It may be recalled India’s Ease of Doing Business ranking had improved from 143 in 63 in 2014 to 2020. INDIA IS THE world’s fifth largest manufacturing power house producing…

Banks to push for change in IBC rules amid fears of promoters gaming the system

Banks to push for change in IBC rules amid fears of promoters gaming the system

BySMEConnect-DeskSep 28, 20244 min read

Banks are urging changes to insolvency regulations to prevent promoters from manipulating their companies’ size to qualify as MSMEs and retain control during bankruptcy proceedings. This move aims to address…

Amid rising imports, domestic steel firms cut prices to protect market share

Amid rising imports, domestic steel firms cut prices to protect market share

BySMEConnect-DeskSep 28, 20242 min read

The hot-rolled coil prices dipped to their lowest in the last four years to ₹47,100 per ton this month. Indian steel makers have dropped steel prices to protect their market share against…