The 2017 budget session of the parliament began with President Pranab Mukherjee’s address to members of both the houses on January 31. Speaking to the legislators of the country, the President said that this was a historic session heralding advancement of the budget cycle and merger of general bu…
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How manufacturing units can regain lost ground
The environment for SMEs, especially those in manufacturing, is far from conducive. There is a cyclical downturn in global growth, hurting external demand and dragging down commodity prices. Domestic demand is sluggish due to slowdown in the investment cycle. India’s industrial output has fallen …
Budget 2017: Defence sector likely to see up to 10% hike in allocation
New Delhi: The defence sector has been in the limelight since the NDA government came to power, and going by Street estimates, it will be one of top priority sectors in this forthcoming Budget 2017-18. Most brokerage firms tracking the sector expect up to 10 per cent increase in allocation toward…
Budget 2017: Expectations & predictions by start-ups & tech leaders
All eyes in the country are on the Union Budget 2017, which will be announced on February 1. Post the demonetisation exercise, this will be a chance for the government to take stock, and set the terms for the future. Businesses will be looking at Budget 2017 for breaks to help offset any upset du…
HPE helps SMBs easily flex & scale IT to accelerate growth
Hewlett Packard Enterprise announced server and storage innovations to help small and midsized businesses (SMB) strike the right balance of hybrid IT today and as they grow, including solutions that provide a futureproof and risk-free path from entry to private cloud. Resource-constrained SMBs ar…
After a slow 2016, e-tailers expected to grow faster in 2017
The e-retail market in India is expected to regain growth after witnessing a blip in 2016 to become USD 80 billion sector by 2020, said a report by Redseer Consulting. According to the report the companies are heavily banking on 2017 and a lot is riding on ability of the e-tailers to grow their c…
Budget 2017: 6 key expectations of SMEs from FM
This Union Budget 2017 is particularly significant as it comes on the back of two recent big economic policy decisions that are directly going to affect startups, SMEs, and small businesses: demonetization and GST. Moreover, the success of the economy as well as the heavy duty policy decisions hi…
AP to come up with incubation centre & industrial parks for MSMEs
With an aim to give a fillip to the Micro Small and Medium Enterprises (MSME) sector of Andhra Pradesh, the India SME Forum has signed Memoranda of Understanding (MoU) with the State government for two industrial parks and an incubation centre in the State. As part of this, an industrial park for…
Economic Survey 2017: Govt to table report today
On January 31, Finance Minister Arun Jaitley will address Parliament and table the Economic Survey, which will feature economic growth forecasts, suggest policy changes and set the tone for the Union Budget to be presented on February 1. Here’s a lowdown on the main features of the Economic…
Conquer foreign markets: Govt to medical sector SMEs
While the medical devices industry has been urging the government to curtail import duties on medical devices, the Centre is focused at export of indigenous devices following its ‘Make in India’ campaign. The government is now encouraging the Small and Medium Enterprise (SME) sector to increase e…