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Nov 5, 2024 · Just in: • Rs 3,600 crore PM Vidyalaxmi scheme to help talented youth: Dharmendra Pradhan • Gold prices set to fall further after Donald Trump’s win • Trump in White House - opportunities for Indian SMEs? • Cabinet okays Rs 10,700 crore equity infusion in FCI • Indian industry looks forward to fruitful Trump policies in energy, IT sectors
Boosting MSME Growth: A Mixed Bag of Budget Provisions - SME …
Bikky Khosla | 30 Jul, 2024. The recent Union Budget unveiled several promising initiatives aimed at fostering the growth of MSMEs. Among the noteworthy measures is the increase in the MUDRA loan limit from â ¹10 lakhs to â ¹20 lakhs for those who …
Centre's 8-point booster for MSMEs to help them compete globally
Jul 24, 2024 · Just in: • South Korean PM vows to enact law for AI industry • India’s annual GDP growth projected to be between 7-7.2 pc in FY25: Deloitte • Adani Group’s Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore • India’s enterprise ICT market to reach $354 billion in 2028 • India’s growth story remains intact, real …
MSMEs rapidly adopting FinTech, India has highest adoption rate: …
SME Times News Bureau | 30 Sep, 2021 Union Minister of Commerce & Industry said India is poised to become one of the largest digital markets in the world, adding that India has the highest FinTech adoption rate in the world, with Indian MSMEs also adopting FinTech rapidly.
A Step Forward for MSMEs – But Challenges Remain
1 day ago · A Step Forward for MSMEs – But Challenges Remain. I welcome the recent announcement made by the Finance Minister on rolling out a new credit assessment model to provide collateral free loans up to Rs 100 crores to MSMEs. Although the announcement was made in the budget, with banks directed to develop their own credit assessment models instead ...
28 Indian startups raised over $800 mn in funding this week - SME …
Jun 23, 2024 · About 28 Indian startups have raised $800.5 million in funding across 29 deals this week. This represents an increase of 296 per cent from the $201.8 million secured by the startups last week across 21 deals, reports Inc42. Quick commerce unicorn Zepto announced the close of its mega funding round this week.
Interim Budget: MSME expectations - SME Times
Feb 5, 2024 · The Budget allocates Rs 22,137 crore to the MSME ministry. Allocation for the ECLGS has been reduced to Rs 10,162.92 crore – by some 4000 crore – but an amount of Rs 450 crore has been allocated for establishing new technology centres, Rs 400 crore for development of Micro and Small Clusters and Rs 4,824 for the PM Vishwakarma scheme.
India's smartphone market to exit 2024 with single-digit annual …
1 day ago · Sensex slips below 78,000, investors lose over Rs 6 lakh crore. IANS | 14 Nov, 2024. India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report. In the July-September period (Q3 ...
India’s manufacturing growth eases in August, stays above long …
Sep 2, 2024 · The country’s manufacturing activity eased to three-month low at 57.5 in the month of August, which is below July’s reading of 58.1 but above the long-run average of 54, the HSBC India survey showed on Monday. The ‘India Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global, stood at 57.5 in August, and the figure ...
India offers $500 bn investment opportunity in clean energy, time …
IANS | 01 Jul, 2024. As India begins its ambitious journey towards achieving the target of net zero by 2070, the energy transition efforts in the country offer an immense $500 billion investment opportunity to businesses, billion, especially in the green energy value chain including renewables and electric vehicles (EV), the government said on ...