Business

June 3, 2020 4:35 PM

Centre allocates Rs. three lakh crore to provide easy loans for MSMEs

Union Government has taken a slew of measures so that entrepreneurs are not hit badly due to the COVID-19 pandemic. A sum of Rs. three lakh crore  has been allocated to provide easy loans for the Micro, Small and Medium Enterprises. MSMEs can also apply for a loan at the nearest bank or on their por...

June 3, 2020 3:15 PM

Ministry of MSME is set to Implement New Norms of MSME Classification

Union Ministry of Micro, Small and Medium Enterprises, MSME has issued Gazette notification to pave the way for implementation of the upward revision in the definition and criteria of MSMEs in the country. The new definition and criterion will come into effect from 1st July, 2020.   After 14 years s...

June 2, 2020 2:49 PM

DPIIT revises public procurement order to encourage Make in India initiative

Department of Promotion of Industry and Internal Trade, DPIIT has recently revised the public procurement order to encourage Make in India initiative with an aim to enhance income and employment generation in the country. Minister of State for Shipping and Chemicals and Fertilizers, Mansukh Mandaviy...

June 1, 2020 7:34 PM

Sensex climbs 879 points; Nifty settles at 9,826

Domestic equity benchmarks today surged for fourth session in a row, driven by gains optimism heightened after the government began the process of unlocking the economy. Positive cues from global markets also boosted investors' sentiments. In last four sessions, Sensex and Nifty, both, gain...

May 29, 2020 4:49 PM

Rupee appreciates 14 paise to close at 75.62 against USD

The rupee today appreciated 14 paise to provisionally close at 75 rupees and 62 paise against the US dollar as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said investors are awaiting the country's gross domestic product data for the January-Mar...

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