India’s garment exports are expected to register a 15-18 per cent growth to touch US $20 billion, during the current fiscal following improved market conditions in US and other markets. It has clocked 15 per cent growth in garment exports at US $17 billion in FY17, and is expected to increase fro…
MSMEs form the largest source of financing, reports KPMG-IMC
The whitepaper examines how several policy interventions along with technology and innovation will continue to play a pivotal role in creating a business-friendly atmosphere for the MSMEs. Different sources of capital are used by MSMEs across their lifecycle, and the traditional banking system st…
Investors stay bullish on fintech bandwagon
Deal activity in the financial services technology (fintech) space continues to remain strong, with start-ups announcing a fund-raise every second week. Since 2012, investors have pumped about $2.35 billion (Rs 15,000 crore) into fintech firms in 325 deals, says data platform VCCEdge. The bulk we…
Expo for SMEs, ‘GONAT 2017’ in Hyderabad on July 1
In order to provide impetus to the micro, small and medium enterprises and start-ups, the Business Network International (BNI) Hyderabad chapter is organising a seminar and exhibition titled GONAT 2017 on July 1 at HITEX. The event will have a participation of more than 1,500 businessmen/entrepre…
Khadi to go places: Govt to open outlets outside India
The government is planning to open Khadi outlets outside India to push products made using the indigenous handspun fabric in the global markets. The MSME Ministry is discussing the proposal with its Commerce counterpart for opening Khadi outlets in Mauritius, South Africa, Dubai and Chicago. “We …
Taxmann unveils GST compliance software ‘One Solution’ in Hyderabad
Taxmann, a New Delhi-based authorised GST Suvidha Provider (GSP), on June 28, unveiled its GST compliance software, ‘One Solution’ in Hyderabad. There are 34 GSPs in India and they are entitled to provide essential solutions like registration, return filing, payment of taxes, ledger m…
‘GST Enforcement: A burden for the present, a positive step for the future’
The goods and service tax (GST) is finally slated to be rolled out on July 1, 2017. And the journey so far has been anything, but easy. The fact that the proposed date of implementation for the tax has been shifted several times (from April, 2010 to April,2013 to April 2016 to now finally to [&he…
Indian Angel Network expands its operation to Israel
Indian Angel Network has expanded its operations to Israel and will invest in areas like healthcare, agritech, cybersecurity and cleantech. IAN, which claims to be the world’s largest angel investor group with over 450 institutional and individual members, has presence in the US, the UK, Ca…
Noida firm develops digital platform for Govt’s ‘Startup India’ Hub
Noida-based digital technology firm, To The New (TTN), has designed the digital platform for The Startup India Hub, launched by the Department of Industrial Policy and Promotion, on June, 19. A first of its kind initiative, the Startup India Hub is aimed at promoting the ecosystem for start-ups a…
Gujarat Handicrafts Utsav-2017 in Mysuru from June 29
After overwhelming response for the Gujarat Handicrafts Utsav last year, Industrial Extension Cottage, Government of Gujarat Organization in association with JSS Urban Haat is organizing a “Gujarat Handicrafts Utsav 2017” for the second time at JSS Mysore Urban Haat, Hebbal Industrial Area, Mysur…