Indian Government on late Thursday wasted no time in appointing the multi-crore hospitality major Bird Group (that manages a portfolio of Roseate hotels in UK and India) along with Air India as the two primary ground handling (GH) operators, hours after annulling the operations of controversial Turkey company Celebi. Further, according to late night discussion, […]
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Union Minister of Commerce and Industry, Piyush Goyal held a meeting in Delhi with key stakeholders from the electronics industry to deliberate on the implementation of horizontal Quality Control Orders (QCOs). The meeting aimed at strengthening consumer safety by ensuring better quality standards for electrical appliances across the country. In a social media post, the […]
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APIIC, VC & MD, Abhishikt Kishore and other senior officials participated in the meeting held at the APIIC headquarters in Mangalagiri. Andhra Pradesh Minister for MSME, SERP and NRI Empowerment and Relations, Kondapalli Srinivas on Thursday reviewed the status of the proposed 175 MSME Parks across the State with focus on accelerating land allotment and […]
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Whether you are applying for a fresh passport or renewing an existing one, here are the five major changes Indian passports will see this year. Indian passports are getting a significant upgrade, with a mix of tech advancements and process updates aimed at making them more secure and efficient. From a mandatory Birth Certificate requirement to […]
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With these latest approvals, over 3,700 startups have now benefited from the scheme since its launch. As per a Commerce Ministry statement, the approvals came during the 79th and 80th meetings of the Inter-Ministerial Board (IMB), with 75 startups cleared in the 79th meeting and 112 in the 80th, held on 30 April. The Department […]
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On Wednesday, SEBI passed an interim order wherein Inventure Merchant Banking Services was directed not to take new merchant banking assignment until further orders. SEBI has taken similar action against First Overseas Capital as well. The SEBI action assumes significance as the SME IPO segment is seeing a lot of action in the last few […]
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TReDS has supported MSME credit access, but substantial expansion is needed to enhance its reach and effectiveness, say experts. Introduced in 2017, the TReDS ecosystem aims to address the huge credit gap in India’s MSME sector by providing a digital platform designed to enable timely financing and alleviate issues related to delayed payments. The Trade […]
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OPERATION SINDOOR’s Aatmanirbhar Innovation: Indian drone market is projected to reach $11 billion by 2030, accounting for 12.2% of the global drone market. The integration of drone warfare into India’s military doctrine owes its success to years of domestic R&D and policy reform and the ban on imported drones since 2021 has acted as a […]
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Over the past two decades, Pakistan’s economic lead over Indian states like Tamil Nadu and Maharashtra has diminished significantly. In 2004-05, Pakistan’s GDP was $132 billion, while Tamil Nadu’s GSDP was only $48 billion. By 2023-24, Tamil Nadu’s GSDP has nearly equalled Pakistan’s GDP, reaching $329 billion, highlighting a growing economic divergence. Pakistan’s economic position, […]
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The Allahabad High Court had held that entities acting on behalf of foreign companies were expressly excluded from receiving MSME benefits. The Supreme Court recently upheld an Allahabad High Court decision quashing the award of a ₹37.92 crores cloud services contract to CloudThat Technologies, a registered Micro and Small Enterprise (MSE), on the ground that […]
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