घरेलू रेटिंग एजेंसी इंडिया रेटिंग्स एंड रिसर्च ने कहा कि कॉरपोरेट और लघु एवं मझोले उपक्रम (SME) क्षेत्र में बैंकिंग प्रणाली का 7.7 लाख करोड़ रुपये का बिना पहचान और दबाव वाला कर्ज है, यानी इसे अभी गैर निष्पादित परिसंपत्तियों (NPA) की श्रेणी में डाला नहीं गया है। अगले 12 से 18 महीने में इसमें [&hel…
Rs 2600 b of corporate & SME loans will be recognised as stressed loans by fiscal 2019: India Ratings
Domestic rating agency India Ratings and Research has said the banking system has Rs 7.7 trillion of unrecognised stressed loans in corporate and SME sector and expects around 35 per cent of them to slip into the NPA category in the next 12-18 months. “Indian banks are sitting on unrecognised str…
हरियाणा: पेटीएम से एमओयू रद्द, सरकारी ई-वाॅलेट से होगा लेन-देन
हरियाणा सरकार ने सरकारी कर्मचारियों और प्रदेश में डिजिटल पेमेंट को बढ़ावा देने के उद्देश्य से ई-वॉलेट कंपनी पेटीएम के साथ किया एमओयू रद्द कर दिया है। यह एमओयू गत 23 फरवरी को नई दिल्ली में हरियाणा औद्योगिक अवसंरचना विकास निगम (एचएसआईआईडीसी) और पेटीएम के अधिकारियों के बीच हुआ था। इस पर एचएसआईआईडीसी…
Startup India: Centre needs to think scale like it did with Aadhaar
Digital India, Startup India and Make in India are synonymous in some sense as the visible thrust from the government has raised awareness and focus on startups. Within months of the government coming to power in 2014 there was a complete change in sentiment. Last year, IDG Ventures India saw 2,8…
GST: श्रीनगर में जीएसटी परिषद की बैठक आज, तय हो सकती हैं वस्तुओं की दरें
वस्तु एवं सेवा कर (जीएसटी) के दायरे में आने वाली वस्तुओं एवं सेवाओं पर कर की क्या दर हो, इस पर फैसला करने के लिए जीएसटी परिषद की 14वीं बैठक बृहस्पतिवार एवं शुक्रवार को श्रीनगर में होने वाली है। केंद्रीय वित्त मंत्री अरुण जेटली की अध्यक्षता में होने वाली इस बैठक में सभी राज्यों के वित्त मंत्री [&h…
#3YearsOfModiSarkar: How government policy is transforming India’s credit & MSME landscape
No economist would disagree with the statement that credit is a key fuel for economic growth, without which, normal economic activity would be virtually impossible. What is equally indisputable is that the Indian economy in general and Indian small businesses (MSMEs) in particular, have been cred…
CRISIL SME Tracker: GST to make small town MSMEs more competitive
The implementation of the Goods and Services Tax (GST) is expected to alter the business dynamics in favour of micro, small and medium enterprises (MSMEs) based in Tier-2 or smaller cities. Today, MSMEs with manufacturing units based in small cities spend relatively more on materials and less on …
Kassia seeks joint action committee for southern MSMEs
Karnataka Small Scale Industries Association (Kassia) has urged for setting up a joint action committee of southern MSME associations to implement government programmes in South India. Kassia, on May 16, submitted a memorandum to Kalraj Mishra, Union Minister for MSME in this regard. “We have req…
WannaCry ravage: Cyber security start-ups come to rescue
Chennai: As ransomware WannaCry ravage continues, cyber security start-ups look to beef up security systems of their clients. While DSCI and Nasscom issued a “best practices” note on May 15, security experts are issuing alerts, monitoring communications 24/7 and developing patches to …
Post GST rollout, PAN must for registration of companies with over Rs 20 lakh turnover
Organisations with over Rs 20 lakh turnover will have to specify PAN while filling the Udyog Aadhaar Memorandum for registration. These organisations include companies, limited liability partnerships, cooperative societies, societies and trusts. The decision, taken at a meeting chaired by the MSM…