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MSMEs

MSMEs continue to recover post-pandemic, over 50% businesses record 10% YoY growth in sales: Report

As per the report, the trend of sales recovery is continuing strongly across sectors, indicating that the pandemic is fading into the pastBengaluru: Micro, small and medium enterprises (MSMEs) continue to recover post-pandemic, with over 50% of businesses recording...

‘MSME Digital Index 2024’ by PayNearby

The report provides an in-depth analysis of technology usage among MSMEs at the grassroots levelThe 'MSME Digital Index 2024' report by banking and digital network PayNearby offers an in-depth analysis of technology usage among MSMEs (micro, small, and medium...

Quality control orders protect MSMEs from unfair competition: Goyal

MSMEs should not be looked upon as merely a small enterprise, he addedNew Delhi: The quality control orders (QCOs) issued by the government for different products will protect MSMEs from unfair competition and help cut the import of sub-standard...

Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans

In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...

Govt may relax 45-day payment rule for MSMEs in budget

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...

68% MSME retail owners witness growth in business post-adoption of digital tech: Report

About 29% MSMEs used accounting software, followed by POS software and Customer Relationship Management (CRM) software at 17% and 14%, respectively, to manage their business operations, the PayNearby report foundNew Delhi: An overwhelming 68% Micro Small Medium Enterprises (MSME)...

Access to low-cost finance and consumption boost top RAI’s budget wishlist

The industry body asserts that implementing these measures will strengthen the retail industry and contribute to the GDP of the countryBengaluru: In its recommendations to the central government for the Union Budget 2024–2025, the industry apex body Retailers Association of...

iThink Logistics onboards onto ONDC to strengthen outreach to SMEs, MSMEs

iThink Logistics going live on the ONDC Network unfolds advantages for Small and Medium-sized Enterprises (SMEs)New Delhi: Logistics startup iThink Logistics on Tuesday announced it has onboarded onto ONDC (Open Network for Digital Commerce) to strengthen its outreach to...

Inability to access markets, retain customers top challenges for MSMEs: Report

The report surveyed a total of 2,007 micro, small and medium enterprises (MSMEs) between November 4, 2022, and January 20, 2023New Delhi: A majority of MSMEs surveyed cited the inability to access markets, retain customers, and effectively market their...

ONDC to revolutionise B2B digital commerce in India: Report

ONDC is dedicated to establishing an interoperable marketplace that accommodates sellers of all scales − from small and medium-sized enterprises (SMEs) to larger entities Bengaluru: Open Network for Digital Commerce (ONDC), an initiative by Government of India, is set to revolutionise B2B...
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German luxury brand Montblanc collaborates with GKB Opticals

The collaboration is part of Montblanc's celebration of the 100-year anniversary of its flagship Meisterstück pen lineBengaluru: German luxury...
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