June 30, 2022 16:34 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Senior IPS officer Vivek Phansalkar to take over as Mumbai's new police commissioner | West Bengal Medical Council running unlawfully, to be dissolved by next month: Calcutta HC | Bengal Governor asks Mamata Banerjee to withdraw her 'jihad against BJP' remark | SC stays court order to summon Home Ministry officials over plea against Mukesh Ambani's Z+ security | Uddhav Thackeray resigns as Maharashtra chief minister after Supreme Court allows floor test

Flipkart launches a new brand film 'MSMEs - Taking India Forward' as a tribute to the sellers on the World MSME Day

Flipkart, India’s homegrown e-commerce marketplace, launched a film “MSMEs - Taking India Forward” on the occasion of World MSME Day celebrated on June 27th worldwide to celebrate and showcase the journey of all the Micro, Small and Medium Enterprises who are integral growth drivers of the country’s economy.

Bureau of Indian Standards grants 630 licenses to MSME toy manufacturers

New Delhi: the Bureau of Indian Standards (BIS) has granted 630 licenses to MSME toy manufacturers as of 28.03.2022, Union Minister of State for Consumer Affairs Ashwini Kumar Choubey told Lok Sabha on Tuesday in a written reply.

Cabinet approves USD 808 million for 'raising and accelerating MSME performance'

New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday approved a USD 808 million or Rs 6,062.45 crore, World Bank assisted programme on “Raising and Accelerating MSME Performance” (RAMP).

MSME Development Forum's new team launched in West Bengal

Kolkata/IBNS: The grand launch of a new team of MSME (Micro, Small & Medium Enterprises) Development Forum, West Bengal and felicitation of Dr. Mamta Binani as the president of MSME Development Forum took place last week.

Budget 2022-23: Stainless steel MSMEs want reimposition of CVD on China, Indonesia

New Delhi/IBNS: The workers in the stainless steel industry's medium, small, and micro enterprises (MSME) await the imposition of countervailing tax (CVD) on China and Indonesia, as it would fuel the Indian businessmen to proliferate manufacturing.

Piyush Goyal sets target of 75 unicorns in run-up to 75th year of Independence

New Delhi/UNI: Minister of Commerce and Industry Piyush Goyal on Friday called upon the Information Technology enabled Service (ITES ) industry to aim for raising 75 unicorns in the 75 weeks to the 75th anniversary of India’s Independence next year.

MSME units are together capable of constituting a complete supply chain: MSME Secretary

New Delhi/IBNS: There is tremendous potential for Indian engineering MSMEs to be integrated into the Global Value Chain due to their manufacturing cost advantage, said B. B. Swain, Secretary, Ministry of MSME.

Low-rate regime is the need of the hour to boost recovery: EEPC India Chairman

Kolkata/IBNS: The low-rate regime is the need of the hour to boost recovery and the Reserve Bank of India has done a good job by keeping the repo rates unchanged at four percent besides keeping the stance accommodative, said the Chairman of EEPC (Engineering Export Promotion Council) Mahesh Desai. 

HDFC Bank says it will double its rural reach to 2 lakh villages in 2 years

Mumbai: HDFC Bank has said it aims to expand its reach to two lakh villages in the next 18-24 months.

'Three-Wheeler Market’ to grow at 6.78% CAGR in value terms by 2026: TechSci

Kolkata/IBNS: TechSci, a research-based global management consulting firm, in its report on “Global Three-Wheeler Market” estimated the three-wheeler industry to boom to a total of US 11.68 billion by 2026.

Only PAN and Aadhaar essential for MSME registration: Nitin Gadkari

New Delhi/UNI: Union Minister for Micro, Small & Medium Enterprises (MSMEs), Nitin Gadkari on Tuesday said that now only PAN card and the Aadhaar card will be required for the registration of MSMEs, while he addressed a webinar of SMEStreet GameChangers Forum.

RBI imposes a monetary penalty of Rs 1 crore on City Union Bank Limited

Mumbai/UNI: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rupees One Crore only on City Union Bank Limited for contravention of/non-compliance with certain provisions of the directions contained in the Reserve Bank of India (Lending to Micro, Small & Medium Enterprises (MSME) Sector) Directions, 2017 and the circulars on educational loan scheme and credit flow to agriculture – agricultural loans – waiver of margin/security requirements.

Indian insurance regulator closely monitoring policy holder services during pandemic, say key officials

Kolkata/IBNS: Efficient & timely insurance services to policy holders are the need of the hour, said Suresh Mathur, Executive Director, Health Insurance, Surveyors, IMF & Reinsurance, Insurance Regulatory & Development Authority of India (IRDAI).

Govt committed to helping MSME sector flourish: Minister of State Pratap Chandra Sarangi

Kolkata/IBNS: Speaking at an ASSOCHAM conference here on Friday, Pratap Chandra Sarangi, Minister of State for Micro, Small and Medium Enterprises, said that the government fully understands the importance and contribution of MSMEs for the nation and is fully committed to support the MSME sector grow and reach its full potential.

ICC Web Store: Bridging the gap between buyers and sellers in the pandemic situation

Kolkata/IBNS: Indian Chamber of Commerce recently announced the launch of a state-of-the-art Web Store to showcase exquisite collections of Indian textile, handloom, apparel, garments, khadi, jute etc. by the MSMEs.