In 2012, BSE and NSE launched BSE SME and NSE Emerge which allowed SMEs to list on the BSE and the NSE and later migrate to the main board of the bourses without the need to make an initial public offering.
For ambitious renewable energy targets to be realised in the real world, appropriate focus needs to be laid on the funding side. Here is a blueprint for vibrant financing of the sector through purchase obligations and tradable certificates.
The markets ignored the IMF’s grim growth projections completely, with good reason
Palaniswami, after chairing official meetings to review anti-COVID-19 measures and other projects said the government would help people to the maximum possible extent.
Due to policy sales moving online, criminals are using the internet to buy policies in the name of 'ghost' persons.
As part of the system, a network of control rooms is created in a 'Hub and Spoke' model.
Among states, Maharashtra has the highest number of registered MSMEs with 1,104,189 units, followed by Bihar (829,694), Tamil Nadu (791,288), Uttar Pradesh (706,342) and Madhya Pradesh (645,077).
Georgieva told a Reuters Newsmaker webcast event that it was now clear that an economic recovery would have to get underway without a medical breakthrough and the virus' presence still widespread throughout the world.
The RBI has announced a slew of measures to help the economy tide over the Covid-19 crisis.
The notification also says that hereafter, an MSME will be known as Udyam, as this is more closer to the word enterprise. Accordingly, the registration process will be known Udyam Registration.
The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of US economic activity, jumped 8.2 percent last month.
Taking part in a webinar, the economists said that resumption of operations of border haats is also required for "ensuring peace, security, stability and prosperity" in the localities where they were set up.
The reserves had crossed the half-a-trillion mark for the first time in the week ended June 5 after surging by a massive $8.223 billion and reached $501.703 billion.
Data released last month showed the central government's fiscal deficit surged to 78 percent of Budget estimates to Rs 2.79 lakh crore in April as tax revenues slumped on account of the nationwide lockdown.
He said three canards are being spread against various reforms in the power sector which includes a claim that there would be infringement of states' rights to appoint members of state power regulators and this power is being transferred to the central government under the proposed Electricity Act.
Moneycontrol's Sakshi Batra shares more details on the issues addressed by Finance Minister Nirmala Sitharaman and what borrowers can expect from it
The economic calendar has a mixed bag of indicators coming up. We will have a report card on manufacturing, infra and fiscal deficit numbers next week. The manufacturing and services PMI will let us know where we stand on these key components of the economy. Don’t miss out on what the US Fed minutes will say.
MSMEs across sectors have been hard hit by the COVID-19 pandemic and the lockdown measures have put many MSMEs on the brink of survival.
The government revised the current definition of MSMEs with effect from July 1
In a report titled 'Asia-Pacific losses near $3 trillion as balance sheet recession looms', S&P projected the region's economy to shrink by 1.3 percent in 2020, but grow by 6.9 percent in 2021.
Supreme Court today accepted the new assessment scheme of CBSE for declaring results of Class X and Class XII board exams. Tests for all remaining CBSE board examinations have been cancelled.
The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output.
If RBI permits this demand, this will be a big relief to NBFC borrowers since economic activities have slowed to a trickle on account of the prolonged lockdown.
Cut the regulatory cholesterol of complex laws and cumbersome paperwork — this will help small businesses focus their resources and energies towards efficiency and higher productivity
According to the latest SNB data, funds parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell by 5.8 percent in 2019 to 899 million Swiss francs (Rs 6,625 crore).