India’s finished steel imports from China touched their highest levels in at least seven years during the first nine months of the financial year that began in April, according to provisional Government data reviewed by Reuters on Monday. China, the world’s top steel producer, shipped 2.1 million metric tons of finished steel to India during […]
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The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakhs per borrower. Hence, NBFCs funding to MSEs is now restricted. The micro, small and medium enterprise (MSME) industry bodies have requested that the Reserve Bank of India (RBI) classify credit provided by banks to non-banking financial […]
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Focus on certain countries and products has led to increased exports. Can this be sustained? INDIA’S MERCHANDISE foreign trade data for October 2024 came packed with a pleasant surprise. The export value of 10 key products was the highest ever in India’s trade history. Non-petroleum product exports were also at a record $34.61 billion. A […]
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State Congress Chief questions BJP’s claims of big investments, job creation at the World Economic Forum in Davos; claims these deals show Government is promoting criminals, black-market activity. Maharashtra Congress president, Nana Patole has called on the State Government, led by Chief Minister, Devendra Fadnavis and the previous Eknath Shinde-led administration to release a white […]
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While Scimplify is likely to raise $30 million, Sanlayan is in talks to raise $20 million. CBCatayst is discussing a $1 million deal and Lightspeed is in advanced stages to back a former business head at Zetwerk in a $5 million deal, multiple sources told Moneycontrol. A new ‘startup mafia’ is emerging from the ranks […]
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Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations has paid courtesy visit to Shri Sanjay Malhotra – Governor, Reserve Bank of India on 22 January 2025 at RBI, HQ Mumbai, Shri Salunkhe has apprised business activities and initiatives of the organization as well as submitted various […]
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Support to the millions of MSMEs, the backbone of the economy, is absolutely vital to inch closer to India’s green goals. India has its long-term goals of achieving net-zero by 2070 and meeting 50% of electricity needs from non-fossil sources by 2030. To be in sync with such targets, companies need to focus on sustainability […]
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Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and SME Export Promotion Council has paid courtesy visit to Shri Rama Mohan Rao Amara – Managing Director (International Banking & Global Markets), State Bank of India (SBI) on 22 January 2025 at SBI, HQ Mumbai. Shri Salunkhe has apprised business activities and initiatives […]
Continue ReadingRajesh Sharma is a mergers-and-acquisitions strategist at Itochu, one of Berkshire Hathaway’s Japanese portfolio companies. The views expressed are his own. Last year, the U.S. Federal Reserve cut its policy rate twice: first by 50 basis points in September, then by 25 basis points in November. These were the Central Bank’s first-rate cuts, since concluding […]
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Digital transformation and sustainability empower Indian SMEs to overcome challenges, enhance competitiveness, and expand into global markets, driving economic growth and promoting innovation across industries and geographies Chandrakant Salunkhe – Founder & President, SME Chamber of India Indian SMEs are harnessing digital transformation and sustainability to overcome challenges, enhance competitiveness, and drive economic growth. Between […]
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