Substantial steps have been taken by the Indian Government and financial institutions to provide adequate loans for micro, small and medium enterprises (MSMEs) to foster growth without interruption. According to the Ministry of Micro, Small & Medium Enterprises’ report, over 12 million MSMEs are registered across India and contribute significantly to its economy. As such, […]
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In the previous budget, Finance Minister, Nirmala Sitharaman had said that a new mechanism would be launched for facilitating continuation of bank credit to MSMEs during their stress period. The Government is working on revamping the framework for revival and rehabilitation (FRR) of debt-ridden micro, small, and medium enterprises (MSMEs) in order to make it […]
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Larsen & Toubro Chairman, Mr. S N Subrahmanyan took home a total salary of ₹51 crores in 2023-24, which is 534.57 times the median salary of the employees of L&T. His remuneration for 2023-24 included a base salary of ₹3.6 crores, ₹1.67 crores as prerequisites and ₹35.28 crores as commission. He also received retirement benefits of ₹10.5 crores, bringing […]
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As we welcome the New Year, significant changes are on the horizon, including the RBI’s revised regulations for fixed deposits and modifications to the credit card offerings from certain issuers. Furthermore, this period typically prompts many employers to ask their employees for proof of tax-saving investments made during the financial year. Starting January 1, 2025, […]
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Shares of Toss The Coin hit a new high of Rs 842.55, zooming 363% against its issue price of Rs 182 per share on the BSE. Shares of Toss The Coin hit a new high at Rs 842.55, on hitting the 5% upper circuit on the BSE in Thursday’s intra-day trade in an otherwise weak market. The […]
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Finance Minister, Nirmala Sitharaman, in her Budget 2024-25 announcement, highlighted the scheme’s framework. It aims to facilitate term loans for MSMEs to purchase machinery and equipment without collateral or third-party guarantees. The Government is set to introduce a new credit guarantee scheme for the Micro, Small, and Medium Enterprises (MSME) sector, providing collateral-free loans up […]
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Mr. Ajit N. Shah – President, Sanand Industries Association and eminent Industrialist has paid courtesy visit to Mr. Chandrakant Salunkhe – Founder & President, Gujarat Industry Development Association and SME Chamber of India to invite and seek support to make a grand success of premium event on “Sanand global expo to be organised 7th to […]
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This economic downturn has significant geopolitical implications for the world’s third-largest economy. Domestically, it has already resulted in political turmoil. Germany, the third-largest economy in the world, boasts a nominal gross domestic product of $4.7 trillion in 2024, according to the International Monetary Fund. With a population of 84 million, it ranks ahead of Japan, […]
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Tata Technologies share price: Engineering services company Tata Technologies shares rose as much as 3.41% to hit an intraday high of Rs 912 apiece on Wednesday, January 8, 2025.The uptick in share price came after Tata Technologies and Telechips, an automotive semiconductor solutions provider, announced a strategic partnership at CES 2025 to revolutionise vehicle software […]
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“A recent Union government report reveals that Gujarat ranks 23rd among Indian states and territories in average monthly per capita expenditure (MPCE). Rural Gujarat’s MPCE stands at Rs 4,116, while urban areas average Rs 7,175. Sikkim leads with the highest MPCE in both rural (Rs 9,377) and urban (Rs 13,927) areas. The report, based on […]
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