Msmes

Lieutenant General Ram Chander Tiwari, General Officer Commanding-in-Chief of the Eastern Command of the Army, urged more participation from local Microm Small and Medium Enterprises (MSMEs) from West Bengal in indigenous defence production.

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday said that the government has brought six game changer policies for the state which deal with industries, MSMEs, food processing and other sectors.

In a significant step towards making India self-reliant in supercomputing technology, Prime Minister Narendra Modi will today dedicate three indigenously developed PARAM Rudra supercomputers to the nation.

The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.

Keeping this surge in employment in mind, the Union Budget 2024-25 has included several significant provisions for the sector, including a new credit guarantee scheme, offering collateral-free loans to the MSME units.

The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.

While JD-U leaders continue to demand special status for Bihar, Union MSME Minister Jitan Ram Manjhi asserted that the NITI Aayog has clearly ruled out the provision for any state, but noted the state's financial needs will be met.

More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.

"We cannot have a system where we have a 20% growth year-on-year on MSME and retail and then an NPA (ratio) which will remain below 1% for retail," Ashwini Kumar Tiwari, managing director at State Bank of India said.

Budget 2023: The government on Wednesday simplified various tax benefits on MSMEs, cooperatives, startups and boards, authorities and commissions.

The government today proposed to enhance the limit for presumptive taxation for MSMEs and certain professionals provided their cash receipts are less than 5 per cent of the total turnover or gross receipts.

Union Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane today said the central government and Prime Minister Narendra Modi are making efforts to ensure citizens are not adversely affected by the global economic

The initial public offering (IPO) of Tamilnad Mercantile Bank opened for subscription on Monday, September 5. The IPO will close on September 7, according to the draft paper submitted by the company with the market regulator SEBI. The issue is being offered at a price band of Rs 500-Rs 525 per share.

Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.

The new centre seeks to create the foundation elements of the manufacturing execution system, IIoT database and manufacturing intelligence software platforms for Indian MSMEs, adopting Industry 4.0 practices to leapfrog toward world-class and self-reliant manufacturing.

Lieutenant General Ram Chander Tiwari, General Officer Commanding-in-Chief of the Eastern Command of the Army, urged more participation from local Microm Small and Medium Enterprises (MSMEs) from West Bengal in indigenous defence production.

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday said that the government has brought six game changer policies for the state which deal with industries, MSMEs, food processing and other sectors.

In a significant step towards making India self-reliant in supercomputing technology, Prime Minister Narendra Modi will today dedicate three indigenously developed PARAM Rudra supercomputers to the nation.

The Tamil Nadu government has signed an MoU with Google to explore potential AI opportunities in the state. The TN government will also establish a 'Tamil Nadu AI Labs' facility in Chennai. The government also signed agreements with firms like Nokia, PayPal, Infinix, and Applied Materials to set up facilities across the state.

Keeping this surge in employment in mind, the Union Budget 2024-25 has included several significant provisions for the sector, including a new credit guarantee scheme, offering collateral-free loans to the MSME units.

The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.

While JD-U leaders continue to demand special status for Bihar, Union MSME Minister Jitan Ram Manjhi asserted that the NITI Aayog has clearly ruled out the provision for any state, but noted the state's financial needs will be met.

More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the stakeholders' expectations from the first budget of the Modi 3.0 government.

"We cannot have a system where we have a 20% growth year-on-year on MSME and retail and then an NPA (ratio) which will remain below 1% for retail," Ashwini Kumar Tiwari, managing director at State Bank of India said.

Budget 2023: The government on Wednesday simplified various tax benefits on MSMEs, cooperatives, startups and boards, authorities and commissions.

The government today proposed to enhance the limit for presumptive taxation for MSMEs and certain professionals provided their cash receipts are less than 5 per cent of the total turnover or gross receipts.

Union Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane today said the central government and Prime Minister Narendra Modi are making efforts to ensure citizens are not adversely affected by the global economic

The initial public offering (IPO) of Tamilnad Mercantile Bank opened for subscription on Monday, September 5. The IPO will close on September 7, according to the draft paper submitted by the company with the market regulator SEBI. The issue is being offered at a price band of Rs 500-Rs 525 per share.

Government think tank NITI Aayog has made a case and offered a template and roadmap for a licensing and regulatory regime for digital banks that focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.

The new centre seeks to create the foundation elements of the manufacturing execution system, IIoT database and manufacturing intelligence software platforms for Indian MSMEs, adopting Industry 4.0 practices to leapfrog toward world-class and self-reliant manufacturing.