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• Sensex ends above 49,000; metal stocks touch record highs • Direct selling industry has potential to grow exponentially: QNet Ltd. Regional Director • Stress on saving lives, not on making profits: Oxfam to Centre over vaccine • US govt could breach debt limit after Oct 1: Think-tank • Economic impact of Covid 2nd wave likely to be muted: FinMin

Last updated: 08 May, 2021

Economic impact of Covid 2nd wave likely to be muted: FinMin
SME Times News Bureau | 07 May, 2021
As states take to lockdowns amid the severe Covid crisis, the Finance Ministry in a report has said

'Indian steel exporters to benefit from China's export rebate withdrawal'
SME Times News Bureau | 07 May, 2021
Withdrawal of export rebates by China augurs well for Indian steel exporters and will also support b

Retail inflation seen at 4 pc in April
SME Times News Bureau | 07 May, 2021
A high base and an unseasonal drop in some food prices will push CPI inflation down to 4.0 per cent

Jewellery sector demand continued in Q1
SME Times News Bureau | 07 May, 2021
Consumer demand for gold in India saw robust growth in the first quarter of calendar year 2021.

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India Economy News

Sensex ends above 49,000; metal stocks touch record highs
SME Times News Bureau | 07 May, 2021
The key Indian equity indices closed in the green on Friday with the BSE Sensex settling above the 4 Read more....

Stress on saving lives, not on making profits: Oxfam to Centre over vaccine

US defence officials stress strategic partnership to help India

Karnataka to be under 14-day lockdown from May 10: Yediyurappa

Can't become ground for blame game between Centre, Delhi: SC on O2 crisis

RBI's Regulations Review Authority sets up advisory group

Industry News

IndiGo to explore options to raise liquidity
SME Times News Bureau | 07 May, 2021
The board of private airline IndiGo on Friday decided to continue exploring all options to increase Read more....

Vedanta to set up 2 Covid hospitals in Karnataka soon

RIL to fly in Israeli experts for detection of Covid cases

Sonova acquires German audio brand Sennheiser's consumer biz

TVS Motor, Sundaram Clayton pledge Rs 40 cr for Covid relief

LIC relaxes claim settlement requirements amid Covid crisis

In Depth

Does one need to infuse socialism in the SME ecosystems?
Samir Sathe | 07 May, 2021
(Especially in the context of global pandemic and the paralyzing of global economies in 2020 and 202 Read more....

Quad and Quad-plus Cooperation: Limiting Chinese assertive behaviour in SE Asia

Immunity boosting millets

Russia-US rapprochement?

India, China disengagement at Ladakh: An unfinished agenda

Indian agriculture: Maladies and remedies

Face to Face

Direct selling industry has potential to grow exponentially: QNet Ltd. Regional Director
SME Times News Bureau | 07 May, 2021
In an exclusive interview with SME Times, Rishi Chandiok, Regional Director (South Asia), QNet Ltd., Read more....

Aatmanirbhar Bharat an opportunity for bigger business between UK and India: UKIBC CEO

SMEs will find Digisell immensely advantageous: Asokan Sattanathan

'Sans baggage, Indian businesses uniquely positioned to leverage new digital media'

SMEs capable of driving India's post-pandemic growth: Samir Sathe

Cloud as relevant for SMEs as for large organizations: Zenlayer MD

Global Business

US govt could breach debt limit after Oct 1: Think-tank
IANS | 07 May, 2021
A Washington, D.C.-based think-tank said that the US federal government is likely to run out of borr Read more....

Global Covid-19 caseload tops 155.6 mn

Moderna's 3rd booster jab effective against Covid variants

Getting inoculated mandatory to attend workplace in Saudi

UK Conservatives win oppn-held seat

German authorities urge caution ahead of curbs easing

Editorials

Vaccination key to economic revival
Bikky Khosla | 04 May, 2021
Amid the second wave of Covid-19 pandemic spreading like wildfire, the evidence of a slowing economy Read more....

Let's unite against Covid-19

Industry, exports sector need a helping hand

Covid second wave: Lockdown or no lockdown

Pre-pack insolvency for MSMEs

Suez Canal unblocked

Customs Exchange Rates
Currency	Import	Export
US Dollar	66.20	64.50
UK Pound	87.50	84.65
Euro	78.25	75.65
Japanese Yen	58.85	56.85
As on 08 May, 2021

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