Page 20 - Msmes

Private sector should invest in technology, boost R&D to help economy: CEA

Chief Economic Advisor V Anantha Nageswaran on Monday said the private sector needs to invest more in technology and research and development, and pay the MSME suppliers on time to help the economy. Stating that Indian economy cannot remain exempt from the global challenges but it remains resilient and is poised for a rebound as the banking system is better, inflationary issues are peaking out and ongoing recovery is healthy, the CEA said. It is to our credit so far that we have managed to keep the impact at more manageable levels so far. But it should require continuous vigilance, continuous action and discipline for policymakers, he said while speaking at a virtual meeting with the Calcutta Chamber of Commerce. Citing examples of several economies facing very high inflation, Nageswaran said India is in a relatively better position and the majority of its sectors are doing quite well despite market volatility and inflation. Nageswaran emphasised the need to focus on R&D and ...

MSMEs from Uttar Pradesh vying to list on domestic stock exchanges

While the firms are voluntarily jumping onto the listing bandwagon, the state government is also acting as a facilitator

After Covid setback, MSMEs owed Rs 10.7 trn in pending dues: Report

The share of micro and small enterprises stood at Rs 8.73 trillion, 80 per cent of the total pending amount

Yogi 2.0 to showcase MSME bandwidth at UP Global Investor Summit 2023

UP is setting its sights on Rs 10 trillion in fresh investment from domestic and multinational companies at the high-ticket event

Wait for labour codes continues, even as most states publish draft rules

12 states, UTs have so far not published draft rules on at least 1 labour code

State-owned GMDC to expand lignite production as demand increases

Company says 10 million tonnes production this year, sees gaining business from small businesses

Cost pressure may spike default rates among lower-rated firms: Crisil

Sub-investment grade MSMEs are at high risk; sunset for pandemic-induced relief measures to have a bearing too

5 years of GST: How far has it lived up to promise of simple tax regime

Goods and Services Tax: Here's a look at the journey so far

Five years of GST: The still good, but not-so-simple indirect tax

The GST is still paying the price for govts talking the talk of a good and simple tax on July 1, 2017, but not walking the walk thereafter

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme

According to Prime Minister's Office (PMO), the scheme has outlay of around Rs 6,000 crore

PM Modi to participate in 'Udyami Bharat' programme today in New Delhi

Prime Minister Narendra Modi will participate in the 'Udyami Bharat' programme at Vigyan Bhawan in New Delhi today

Cert-In extends deadline for VPN cybersecurity norms till Sept 25

CERT-In directions, released on April 28, mandate service providers to keep records of every information and communication technology (ICT) transaction for a minimum of 180 days

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days

This facility will empower MSMEs to manage unwarranted situations arising from any mishaps

Five years of GST: Rates for some goods still in need of fine-tuning

The tax continues to evoke mixed feelings and remains work in progress

Stalin launches Centre for advance mfg; urges faster industry 4.0 adoption

Two centres at Sipcot Industrial Parks inn Hosur and Sriperumbudur also launched; Maturity Index survey also set up to help companies achieve their Industry 4.0 goals

PM Modi urges industry to set up long-term export targets, 'double efforts'

Despite disruptions in the global economy, India's goods and services exports stood at $670 billion and exceeded the $400-billion target for merchandise export alone, he said

Vedanta Ltd invites EoI to sell Sterlite Copper plant in Thoothukudi

Exploring options to ensure plant and assets are best utilised, says company

Input cost hike, freight rates drag chemical MSMEs in Gujarat to 50% output

Of the 11,000-odd units in the state, which account for nearly 40 per cent of India's chemical output, almost a third have turned sick

TMSEp195: 5G auction, Agnipath scheme, markets, Udyam registration

How will 5G auction effect telcos & industry 4.0? Will 'Agnipath' affec army's modernisation drive? What is in store for cement, steel, paint stocks? What is Udyam registration for MSMEs? Answers here

Some state govt portals to start integration with ONDC soon

The Kerala government is expected to begin on-boarding its consumer-facing portals with the network this month, according to a source in the know