Fintech Firms to the rescue of MSMEs
Bikky Khosla | 03 Sep, 2024 |
Traditional lending institutions, like banks, tend to view them through a narrow lens, deeming them too risky, thus demanding collateral, a hurdle most MSMEs simply cannot overcome |
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Boosting MSME Growth: A Mixed Bag of Budget Provisions
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 ₹10 lakhs to ₹20 lakhs for those who have successfully repaid their previous loans. |
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Economic Survey 2023-24
Bikky Khosla | 23 Jul, 2024 |
The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday sheds important light on the different aspects of the Indian economy. With a GDP growth projection of 6.5 to 7 |
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Gems & jewellery sector woes
Bikky Khosla | 16 Jul, 2024 |
The gems & jewellery sector has remained one of the champion sectors of the Indian industry for decades. As per 2022 statistics, the sector contributes around 7 percent to the country’s GDP and more than 15 percent |
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Flexible forex rules for exporters
Bikky Khosla | 09 Jul, 2024 |
The Reserve Bank of India (RBI) last week came out with a draft of Foreign Exchange Management (Export and Import of Goods and Services) Act Regulations, 2024 in which it proposes to rationalise r |
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Manufacturing growth
Bikky Khosla | 02 Jul, 2024 |
Activities in the manufacturing sector, which had slipped to a three-month low in May, picked up last month, driven by strong consumer demand, according to latest data. HSBC's final |
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Union Budget: MSME expectations
Bikky Khosla | 25 Jun, 2024 |
With the Union Budget 2024-25 ahead, Finance Minister Nirmala Sitharaman met representatives from Micro, Small and Medium Enterprises (MSME) in the fifth pre-Budget consultation last week. |
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Exports: Growth and challenges
IANS | 18 Jun, 2024 |
The recently released merchandise exports figures for May give a mixed picture. While overseas shipments from the country registered a robust 9.1% growth in the month to touch the $38.13 billion-mark |
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Modi 3.0
IANS | 11 Jun, 2024 |
With Narendra Modi taking oath as the Prime Minister of India for the third consecutive time, all eyes will be on th |
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New government, new hopes
Bikky Khosla | 03 Jun, 2024 |
With most of the exit polls, even if just indicative, predicting return of BJP-led NDA to power for the third time in succession, economy watchers are eagerly waiting for the final outcome of the Lok Sabha |
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India: Global growth engine
Bikky Khosla | 28 May, 2024 |
PM Modi, while addressing world and business leaders during the Vibrant Gujarat Global Summit early this year, said that the world today |
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Banking sector turnaround
Staff Reporter | 21 May, 2024 |
Net profit of the Indian banking sector for the first time crossed Rs 3 lakh crore in 2023-24, surpassing Rs 1.1 lakh crore pr |
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IIP data
Bikky Khosla | 14 May, 2024 |
Industrial production data released last week shows that the Indian industry posted 4.9 per cent Y-o-Y growth in March this year. T |
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Services sector growth
Bikky Khosla | 07 May, 2024 |
The services sector has continued its robust performance. Driven by domestic as well as foreign demand, the HSBC final India Services |
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Easier credit access awaits exporters!
Bikky Khosla | 30 Apr, 2024 |
The geopolitical tensions caused by the still continuing Russia-Ukraine war has been impacting the global economy for quite some time now. Our exports suffered as well, with India’s outbound shipments declining |
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Exports trends
Bikky Khosla | 23 Apr, 2024 |
Since 2020-21, India’s merchandise exports fell for the first time in four years in FY24 to $437.06 billion, while, in contrast, services exports grew by 4.4% to a record $339.62 billion, compensating for t |
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Semiconductor dream
Bikky Khosla | 16 Apr, 2024 |
Will India be able to emerge as a global hub in semiconductor manufacturing in the coming years? Prime Minister Narendra Modi last month laid foundation stone of three semiconductor projects – |
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GeM of a marketplace
Bikky Khosla | 02 Apr, 2024 |
Government e-Marketplace (GeM) has continued its glittering journey. Launched in 2016, this portal has transformed the way government ministries and departments procure goods and services, and according to a latest official release, |
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Growth forecast
IANS | 26 Mar, 2024 |
A latest poll among economists show that the Reserve Bank of India (RBI) is unlikely to touch the key interest rates until at least July. |
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Startup Mahakumbh
Bikky Khosla | 19 Mar, 2024 |
The three-day Startup Mahakumbh kicked off on Monday. This event aims to connect startups, incubators & accelerators, industry leaders and investors including VCs, angel investors, family offices, |
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IndiaAI Mission
Bikky Khosla | 12 Mar, 2024 |
In a significant step towards encouraging artificial intelligence (AI) development in the country, the Union Cabinet last week approved the IndiaAI Mission with an outlay |
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Exports diversification
IANS | 05 Mar, 2024 |
Exports diversification, both in terms of products and markets, is strongly linked to higher rate of exports growth as well as economic prosperity of a country, and it has remained a policy priority of the Indian government for quite some time now. In recent years, there have been a number of key developments in this direction, which |
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Household Consumption Expenditure Survey
Bikky Khosla | 27 Feb, 2024 |
For the first time in some 11 years, the government has come out with Household Consumption Expenditure Survey, which was conducted during August 2022 to July 2023 mainly to find out household Monthly Per |
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RBI monetary policy
Bikky Khosla | 13 Feb, 2024 |
The RBI last week kept the repo rate unchanged at 6.50 percent. This is the sixth time in a row that the central bank retained the rate. The move was on the expected lines. Five of the six members of |
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Interim Budget: MSME expectations
Bikky Khosla | 05 Feb, 2024 |
Finance Minister Nirmala Sitharaman last week presented the Interim Budget 2024-25. It is her sixth consecutive Budget which overall talks about India’s growth potential and the importance of policy continuity, with focus on areas |
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Economic growth
Bikky Khosla | 30 Jan, 2024 |
A review of the Indian economy by the Finance Ministry has estimated India’s growth at 7 percent or above |
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Exports sector needs a helping hand
IANS | 23 Jan, 2023 |
Merchandise exports increased nearly 1 percent in December, rising from $38.45 billion compared to $38.08 billion in December 2022, according to official figures released last week. While a top government official |
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India-UAE trade relations
Bikky Khosla | 15 Jan, 2024 |
The 10th edition of the Vibrant Gujarat Global Summit was held on January 10 to January 12 and one of the significant highlights of the event this year was participation of the UAE President as Chief Guest. |
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PLI scheme
IANS | 02 Jan, 2024 |
The Production Linked Incentive (PLI) scheme was launched in March 2020, initially targeting three sectors ─ electrical component, medical devices and mobile & allied component manufacturing. |
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Archives:
2024 ( 47 )
2023 ( 52 )
2022 ( 52 )
2021 ( 52 )
2020 ( 52 )
2019 ( 52 )
2018 ( 53 )
2017 ( 53 )
2016 ( 51 )
2015 ( 53 )
2014 ( 359 )
Index
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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84.35
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82.60 |
UK Pound
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106.35
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102.90 |
Euro
|
92.50
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89.35 |
Japanese
Yen |
55.05 |
53.40 |
As on 12 Oct, 2024 |
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Daily Poll |
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Will the new MSME credit assessment model simplify financing? |
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Commented Stories |
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