According to the United Nations Conference on Trade and Development, formal and informal MSMEs make up over 90% of all companies worldwide, average of 70% of total employment and 50% of GDP. MSME Day 27th June 2024: World MSME Day is celebrated annually on June 27, designated by the United Nations General Assembly and dedicated to […]
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MEA On Passport Verification: Police verification is an important process for getting a passport and earlier it used to take a lot of time, but in some States its time limit has been reduced. Police Verification for Passport: The Modi Government is constantly trying to improve the process for those getting passports. In this sequence, […]
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Mr. Chandrakant Salunkhe, Founder and President – SME Chamber of India and SME Credit Check Pvt. Ltd. addressing the delegates Mr. Chandra Shekhar – Vice President- Client Servicing Group, Mid and Large Corporate, Yubi (erstwhile Credavenue) addressing the delegates on Key challenges faced by corporate finance advisors during the debt syndication process of their clients […]
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By: Vishal Bhat Vice-President, Tata Teleservices SMEs : Driving Growth and Enhancing Customer Experiences Through UCaaS In today’s dynamic business landscape Unified Communications as a Service (UCaaS) has emerged as an essential imperative for Small and Medium-sized Enterprises (SMEs) seeking to enhance customer experiences. As UCaaS involves integration of different communication channels and intuitive user […]
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The MSME Ministry has proposed the Trade Enablement & Marketing Scheme to help MSEs onboard ONDC. The MSEs will be provided subsidies via seller network participants to help cover costs for services like creating catalogues, managing accounts, packaging, and logistics. Earlier this year, ONDC also launched the Digi Ready Certifications (DRC) portal for the MSME […]
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A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China’s domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to the closest better-yielding assets. The yuan has dropped to seven-month lows, alongside a reversal in equity investment flows into China. Analysts said Hong […]
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Unincorporated enterprises in the manufacturing sector lost nearly 1.8 million establishments and shed 5.4 million jobs between July 2015-June 2016 and October 2022-September 2023, an analysis of the fact sheet on ‘Annual Survey of Unincorporated Sector Enterprises (ASUSE)’ and the comparable 73rd round survey in 2015-16 by the National Statistical Office (NSO) showed. An estimated […]
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Budget 2024 Expectations: Economists batted for continuing the capital spending push to spur growth, fiscal prudence and steps to boost jobs. The focus on the quality of spending, sans mindless freebies and steps to further curb inflationary pressure should continue, some of the economists told Finance Minister, Nirmala Sitharaman at the meeting, advising against reckless […]
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The insolvency regulator has proposed that the resolution plan submitted by an investor won’t extinguish the creditors’ right to proceed against loan guarantors to the stressed firm and enforce realization of guarantees governed through various agreements. The move, suggested in a discussion paper by the Insolvency and Bankruptcy Board of India (IBBI), will make it […]
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MOSPI looking at ways to increase frequency of statistics on employment and unemployment. In what could bridge the gap on high frequency data on jobs in the economy, the Government is looking at increasing the frequency of the Periodic Labour Force Survey. According to sources, the PLFS may move from a quarterly to a monthly […]
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