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MSME sector

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:...

Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties

Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024 Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...

FSSAI to make mandatory labelling of salt, sugar, fat on packaged food items in bold letters, bigger font

The amendment aims to empower consumers to better understand the nutritional value of the product they are consuming New Delhi: Food regulator FSSAI on Saturday approved changes in nutritional information labelling on packaged food items, proposing that total salt, sugar...

Industry pitches for tax reduction, rationalisation of duty structure in Budget

There is a need for a review of tariffs on imported goods from China related to the petrochem industryNew Delhi: In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Nirmala Sitharaman to...

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...

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...

RAI signs MoU with FaMeTN to support small traders in Tamil Nadu

Retailers Association of India (RAI) will help FaMeTN understand the needs of micro, small, and medium enterprises in retail and also support in development of the state’s retail policy Bengaluru: Retailers Association of India (RAI) has signed a Memorandum of Understanding...

West Bengal govt ties up with Dun&Bradstreet for MSMEs

D&B will assign a unique nine-digit (D-U-N-S) number to a specific MSME firm or an exporter which will encompass various financial health indicators of the business entityKolkata: The West Bengal government has entered into an arrangement with leading business research...

Snapdeal goes live on ONDC, starts receiving orders

The initial orders are from non-metros like Ajmer, Gurdaspur, Aligarh, Indore, Kakinada and AmravatiNew Delhi: E-commerce marketplace Snapdealhas gone live on the Open Network for Digital Commerce (ONDC) platform with three key categories, the company announced in a release. The...

Dun & Bradstreet India aligns with ONDC to help MSMEs

Dun & Bradstreet will help MSMEs get onboarded on to ONDC, expand access to global markets, find potential customers, and identify growth opportunities Bengaluru: Business consultancy firm Dun & Bradstreet India announced that it is supporting ONDC (open network for digital commerce) to help...
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Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...
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