The proposed policy envisions the establishment of a dedicated Directorate of MSME at the state level to oversee the implementation of state and central government MSME schemes and programs. Additionally,…
In a strategic move to address working capital challenges faced by Micro, Small, and Medium Enterprises (MSMEs), Red Fort Capital Finance Company, an NBFC lender, has launched its invoice discounting…
In a noteworthy development, the government's Goods and Services Tax (GST) collections for October surged by 13% on a year-on-year basis, reaching a substantial total of Rs 1.72 lakh crore.…
The Securities and Exchange Board of India (Sebi) has granted approval for five firms, marking a significant step towards their initial public offerings (IPOs). Among them are India Shelter Finance,…
In a recent study titled 'Decoding Digital Payments: A Retailer Perspective,' NeoGrowth, an MSME-focused digital lender in India, sheds light on the evolving digital payments landscape among Indian retailers. Drawing…
In the realm of business documentation, the Letter of Authorization for GST registration emerges as a critical component, streamlining representation before the GST department. This guide aims to unravel the…
The repo rate, a pivotal tool in financial systems, influences the cost of credit and borrowing across the economy. As the central bank's mechanism for lending to commercial banks, fluctuations…
Private general insurers in India have solidified their market standing, escalating their combined market share to 53.58% in gross direct premium underwritten during the first half of the current financial…
The High Court of Karnataka has raised concerns over the prima facie impact of exempting private medical establishments (PMEs) from the obligation to secure trade licenses and produce occupancy certificates…
The Food Safety and Standards Authority of India (FSSAI) CEO, G Kamala Vardhana Rao, has urged states to enhance their efforts in monitoring and ensuring compliance with food safety standards.…