No menu items!
Tuesday, March 19, 2024

Indian Economy

MSME Loan Originations Surge Amid Economic Growth

A recent report from TransUnion CIBIL and Small Industries Development Bank of India has unveiled a significant uptick in MSME loan origination volumes to Micro, Small, and Medium-sized Enterprises, registering a notable 20% year-on-year growth in the July-September period...

Business Loans 2.0: Transformative Trends in MSME Financing

The emergence of digital lenders has significantly reshaped the way Micro, Small, and Medium Enterprises (MSMEs) secure business loans for their operations. The transition from traditional banking to online platforms has not only accelerated the loan application process but...

G20 MSME Financing Plan: Empowering Small Businesses

Micro, Small, and Medium-sized Enterprises (MSMEs) are the lifeblood of economies around the world. As of 2023, there are over 633.9 lakh MSMEs in India.  These businesses contribute significantly to employment, economic growth, and innovation. However, they often face...

Non-Banking Financial Companies (NBFCs) Growing Importance in Economic Growth of India

NBFC the Non-Banking financial companies have grown considerably in the India financial system alongside with mainstream Banks and leading organizations. This has happened over time with efficiency and diversity in terms of products, services, asset quality and strong regulatory...

Retailers, Wholesalers tops MSME Registrations on Udyam portal: Govt Data

Retail and wholesale traders and Wholesalers tops the list in MSME sector based on the number of registrations on the Udyam portal. The data as of February 2, 2023, out of around 1.38 crore Udyam-registered MSMEs in the top 10 categories contributed...

Role of technology to scale up business & revenue of MSMEs

Small and medium enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment generation and GDP growth. However, MSMEs face numerous challenges, such as lack of access to finance, technology, and skilled labor, which hinder their growth and sustainability. They...

MSME Sector On-Boarded its Journey by Making it Big in Creating Employment Opportunities

As per recent reports of NSS the number of Employment Opportunities generated by MSME and SME’s amounted to (number of persons) in micro enterprises during the year 2016-17, 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22 (as on 15.11.2021) are 4.08...

ICAI sets up Info Booth for Investors, MSMEs at MP Global Investor Summit

To address the queries of global investors, Institute of Chartered Accountants of India ICAI has set up an instant expert advice pavilion from experts in the area of taxation, MSME, compliances at “Pravasi Bhartiya Diwas (PBD)” which is underway...

MSME claim settlement procedure is a boon for the sector

MSME businesses are at the forefront of economic growth in a country like India. It is very important for the small businesses to get themselves registered under the domain of the MSME sector. This proves to be a major turning point for...

400 Pharma MSMEs to be supported till FY26 under PTUAS

MSME businesses in India contribute a lot towards the exports of the country. It is extremely important for all the MSME entrepreneurs to become aware of all the current changes and trends that are prevalent and supported in the current market time....
- Advertisement -spot_img

Latest News

India’s Merchandise Exports Surge, Driven by the Manufacturing Sector

March 15, 2024: India's resilience in the face of global uncertainties is exemplified by its robust merchandise exports, which...
- Advertisement -spot_img