New Delhi, Jun 4 (KNN) The Asian Development Bank (ADB) and Standard Chartered Bank have entered into two agreements aimed at strengthening supply chain finance in India through risk-sharing mechanisms covering both US dollar and rupee-denominated transactions. According to an ADB statement issued on Wednesday, the partnership includes aContinue Reading
New Delhi, Jun 3 (KNN) Engineering Export Promotion Council (EEPC) India has urged the government to introduce a separate credit rating framework for micro, small and medium enterprises (MSMEs), arguing that the existing system places smaller businesses at a disadvantage while seeking finance. In a representation submitted to the MinistryContinue Reading
New Delhi, Jun 3 (KNN) Terming the Haryana government’s newly-launched industrial policy as encouraging, Federation of Indian Micro and Small & Medium Enterprises (FISME) President Rakesh Chhabra has said that the policy would boost investment, exports and jobs in the state. “One of the key features of the Make-in-Haryana policy isContinue Reading
New Delhi, Jun 3 (KNN) Petrol and diesel prices are set to exert fresh inflationary pressure on the Indian economy, with higher transport and manufacturing costs expected to filter through to consumer prices in the coming months, ratings agency Crisil warned in a report on Tuesday. Petrol and diesel pricesContinue Reading
New Delhi, Jun 3 (KNN) Micro, small and medium enterprises (MSMEs) are expected to face slower revenue growth and margin pressures in FY27 due to the ongoing West Asia crisis, according to Crisil Intelligence. The report projects MSME revenue growth to moderate to 7.5-8.5 percent in FY27, down byContinue Reading
New Delhi, Jun 3 (KNN) India’s services sector recorded its strongest growth in six months during May, supported by robust domestic demand, improving export orders and rising business activity across segments such as freight, digital services, e-commerce, entertainment and information technology, according to the latest HSBC India Services PMI surveyContinue Reading
New Delhi, Jun 3 (KNN) Logistics company DTDC Express has launched a digital self-onboarding platform aimed at enabling micro, small and medium enterprises (MSMEs), startups and direct-to-consumer (D2C) brands to access shipping services more quickly and efficiently. The new platform, named Enterprise Digital Onboarding Technology (EDOT), allows businesses toContinue Reading
