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Last updated: 25 Sep, 2020  
 Editorials
Exports.9.Thmb.jpg Exports rebounding, but challenges remain
Bikky Khosla | 22 Sep, 2020
Contracting for the sixth straight month, merchandise exports slumped by over 12 percent y-o-y in August. After registering 2.44 percent growth to $26.67 billion in February, exports plunged by over 34 percent in March (at $21.41 billion),  
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Industry.9.4.Thmb.jpg Small business confidence
Bikky Khosla | 14 Sep, 2020
The Union Minister for MSMEs last week said that the government is committed to increase the contribution of the sector to GDP from about 30 percent to 50 percent and to exports from 49 percent to 60 percent.  
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Exports.9.Thmb.jpg Capping of MEIS benefits
Bikky Khosla | 08 Sep, 2020
The Centre last week decided to cap the benefits under the Merchandise Exports from India Scheme (MEIS) at Rs 2 crore per exporter on outbound shipments made during September-December, 2020. 
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Up.Down.Arrow.9.Thmb.jpg GDP shocker
Bikky Khosla | 01 Sep, 2020
India's April to June quarter Gross Domestic Product (GDP) estimates have declined 23.9 percent, according to latest data released by the National Statistics Office (NSO). This extent of GDP contraction is sharp – probably the steepest on record 
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msme-THMB-2010.jpg Big relief to stressed MSMEs
Bikky Khosla | 24 Aug, 2020
The much-awaited Credit Guarantee Scheme for Subordinate Debt for MSMEs was launched last week. Amid the COVID-19 crisis, it was felt that the biggest challenge for stressed MSMEs was in getting capital 
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Exports.9.Thmb.jpg Time is now for an export strategy
Bikky Khosla | 18 Aug, 2020
COVID-19 has hit our economy hard, and a latest report reflects the brunt of the pandemic as well as the lockdowns clamped to contain its spread. 
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RBI.Thmb.jpg RBI push to MSMEs, start-ups
Bikky Khosla | 09 Aug, 2019
Contrary to expectations, the RBI, in its Monetary Policy Committee meet last week, retained the repo rate -- or short-term lending rate for commercial banks at 4 percent.  
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Rupee.9.Thmb.jpg One time loan restructuring
Bikky Khosla | 04 Aug, 2020
Prime Minister Narendra Modi last week met stakeholders of banks and NBFCs and discussed issues relating to the economy, including those in the financial sector, particularly credit growth and risk aversion. He emphasised that the Government is firmly behind the banking system.  
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Archives: 2020 ( 38 )    2019 ( 52 )    2018 ( 53 )    2017 ( 53 )    2016 ( 51 )    2015 ( 53 )    2014 ( 360 )    Index
 
  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 25 Sep, 2020
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» MSMEs can now register delayed payment grievances online(2)
 
 
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