News

Launching of SMEtv Digital

Hon’ble Governor of Maharashtra, Shri C. P. Radhakrishnan has launched “SMEtv Digital (www.smetv.in)” initiated by SME Chamber of India at the function of Silver Jubilee of Maharashtra Industry Development Association and 32nd Foundation Day of SME Chamber of India and at the annual event on “MAHARASHTRA INDUSTRIES & SME SUMMIT” with the theme: Sustainable Industrial […]

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Release of SMEConnect Magazine and Annual Activity Report of SME Chamber of India

Hon’ble Governor of Maharashtra, Shri C. P. Radhakrishnan has released “SMEConnect Magazine” initiated by SME Chamber of India at the function of Silver Jubilee of Maharashtra Industry Development Association and 32nd Foundation Day of SME Chamber of India and at the annual event on “MAHARASHTRA INDUSTRIES & SME SUMMIT” with the theme: Sustainable Industrial Growth […]

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INTERACTIVE MEETING WITH CHAIRMAN, STATE BANK OF INDIA

Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Maharashtra Industry Development Association had a meeting with Shri C S Setty, Chairman, State Bank of India on 24th February 2025 at SBI, HQ Mumbai. Shri Salunkhe has also apprised various business activities & initiatives of organizations & submitted suggestions for the empowerment […]

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How low cost of business, entrepreneurial mindset are helping MSMEs thrive in Coimbatore

Coimbatore has consistently harnessed its manufacturing strength and entrepreneurial spirit to support small businesses across various industries. For Adarsh V Srinivasan, CEO of SKYX Aerospace, the decision to start his company in the southern city of Coimbatore was initially a personal one. It was the hometown of his mother and the place where he spent […]

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Uday Kotak is worried about India’s young entrepreneurs focusing more on stock and MF trading than on building companies

Uday Kotak warns that India’s economic ‘animal spirits’ are fading as young business families focus more on investments than building companies. He urges policymakers to address the impact of US policies pulling foreign capital away. Kotak stresses the need for a national strategy to counter this challenge and navigate the current economic environment. Uday Kotak, […]

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Guide to FCRA Registration for NGOs in India

FCRA Registration: Before receiving any foreign contribution or donation from foreign sources, any individual, association, or company in India must obtain registration from the Central Government under Section 11 of the Foreign Contribution (Regulation) Act, 2010 (FCRA). If registration is not secured, the person or entity can still accept foreign contributions, but only with prior […]

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3rd in a row: Goods exports shrink 2.4%

India’s goods exports decreased for the third consecutive month, registering $36.43 billion in January and widening the trade deficit to $22.99 billion. Despite this decline, sectors like electronics, engineering goods, and pharmaceuticals showed growth. Imports, particularly gold, increased significantly, contributing to the rising trade deficit. India’s goods exports shrank for the third straight month to […]

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Income Tax Department will send notice for not filing ITR on these 9 transactions

Bank Transactions Rules: The Government is keeping a close watch on high-value transactions with the help of data analytics and various agencies to prevent tax evasion. If a person is transacting large amounts in his bank accounts, investments or property purchases but is not fulfilling his income tax liability properly, then he is more likely […]

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India weighs temporary tax on cheap Chinese steel import, minister says

India may implement a temporary 15%-25% tax on Chinese steel imports within six months to protect domestic manufacturers from cheap imports. The investigation to safeguard duties began in December and could last up to two years, aiming to ensure fair competition amidst rising imports from China. India could impose a temporary tax of 15%-25% on […]

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Collateral-backed loans were a safe space for banks. May be not any longer

Barely a month after the Reserve Bank of India (RBI) warned of a contagion, lenders, especially non-bank financiers, have also started witnessing stress in their collateral-backed secured loan books. Early signs of stress are visible in micro-loans against property (micro-LAP), and lending for two-wheelers and some other vehicle categories, according to experts. It is more […]

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