New Delhi, Mar 17 (KNN) Industry body PHD Chamber of Commerce and Industry (PHDCCI) has urged the Reserve Bank of India (RBI) to enhance credit access for small businesses and address operational challenges in trade finance, including inconsistencies in handling Letters of Credit (LoC). In a meeting with RBI GovernorContinue Reading
New Delhi, Apr 7 (KNN) Delhi-based Confederation of All India Traders (CAIT) has flagged concerns over the impact of the ongoing West Asia crisis on Indian trade and industry, urging the Finance Ministry to roll out timely relief measures, particularly for MSMEs. Concerns Over Rising Costs, Supply Chain Disruptions Continue Reading
New Delhi, Mar 17 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME), through its Intellectual Property Facilitation Centre (FISME-IPFC), in partnership with the State Bank of India Centre of Excellence, Manesar Industries Welfare Association (MIWA) and Gurgaon Chamber of Commerce and Industry (GCCI), organised a two-dayContinue Reading
New Delhi, Apr 7 (KNN) Female employment in MSMEs in Punjab has declined sharply in FY 2025-26, even as neighbouring states like Haryana reported growth, according to data from the Centre-monitored Udyam Registration Portal. Sharp Decline in Punjab, Growth in Haryana As per a reply in the Lok Sabha byContinue Reading
New Delhi, Mar 18 (KNN) The government has clarified that there is no specific legal definition of High Net Worth Individuals (HNIs) under the Income-tax Act, 1961, with taxation of individuals based on income slabs regardless of the source of income. Minister of State for Finance Pankaj Chaudhary said incomeContinue Reading
New Delhi, Mar 10 (KNN) Minister of State for Ministry of Micro, Small and Medium Enterprises, Shobha Karandlaje, informed Parliament that more than 3.07 crore women-led enterprises have been registered on the Udyam Registration Portal and Udyam Assist Platform as of February 28, 2026. Credit Support and Financial Incentives ToContinue Reading
New Delhi, Mar 17 (KNN) Delayed payments continue to pose a major challenge for micro and small enterprises, affecting their working capital and overall viability, the government informed the Rajya Sabha. Minister of State for MSME Shobha Karandlaje said delayed payments remain a key concern impacting the growth ofContinue Reading
