BSE – AMU Global Meet on interest-free banking

The Aligarh Muslim University and Bombay Stock Exchange have decided to jointly organize an international conference on interest-free banking in April this year in Mumbai. AMU and BSE took the decision at the visit of a BSE delegation to the university on Saturday. RBI Committee on ‘Medium Term P…

Make MUDRA Independent: CAIT

The Confederation of All India Traders (CAIT) has urged Finance Minister Arun Jaitley to free Mudra from the clutches of Reserve Bank of India by bringing in necessary legislation in Parliament. Mudra should be made an independent regulator to effectively cater to the financial needs of non corpo…

Reduce tax burden of start-ups: NASSCOM to FinMin

National Association of Software and Services Companies (NASSCOM) wants startup to be redefined and demanded tax sops for startups in the forthcoming general budget to be presented to Parliament by Finance Minister Arun Jaitely on February  29. In a pre-budget memorandum, NASSCOM demanded that st…

Centre creating rehabilitation framework for MSMEs featuring as NPAs of banks

The Center has created a framework for revival and rehabilitation of MSMEs, which account for nearly half of the non-performing assets (NPAs) of banks from the industry sector, MSME Minister Kalraj Mishra has said. The MSME Ministry would immediately take steps to set up a “design studio” as a “c…

Mudra Yojana to help MSMEs hit by Chennai floods

Mudra Yojana,  a new financial system launched by Center is likely to help financially the Chennai flood affected MSMEs.  This was decided following the visit of MSME Minister Kalraj Mishra, who inspected flood affected industrial clusters housing MSMEs in the city. The recent flood in Chennai ha…

Exclusive | SME retailers win the hearts during Chennai floods

E-Shopping which has been a recent trend has changed the purchasing patterns of millions of customers across the globe. The E-Shopping has been proven successful even in India came to the rescue of Channaits in supplying daily needs weathering all commuting difficulties. Though the recent flood i…