From Humble Beginnings to Solar Power Mogul: The Inspiring Journey of Hitesh Doshi

Journey of Hitesh Doshi – WAAREE GROUP: Hitesh Chimanlal Doshi, Chairman of Waaree Renewables Technologies, is a testament to the power of determination and entrepreneurship. Doshi’s journey from a modest background to leading one of India’s prominent solar power companies is an inspiring tale of resilience, vision, and hard work. Finding multibagger stocks is important for […]

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Rs.26,000 crs. payments pending: MSMEs fail to find ‘Samadhaan’ with resolution mechanism

The Samadhaan portal was launched seven years ago to help MSMEs get payments faster. Despite some relief, loopholes in the system tilt it in favour of the buyers. How can micro and small enterprises equip themselves better to deal with payment disputes? Vijay Khanna had to shut down his bill printing and logistics company in […]

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Union Minister of MSME, Shri Jitan Ram Manjhi, briefed the media on 100 days’ achievements of the Government in MSME sector

The various initiatives launched over the past 100 days are aimed at promoting growth, boosting entrepreneurship, creating employment opportunities. The achievements are reflective of the Government of India’s commitment to ensuring the sustainable growth of the MSME sector, fostering innovation, and enhancing job creation. Union Minister for Micro Small and Medium Enterprises, Shri Jitan Ram […]

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Most Club Vistara credit card conversion partners to go away on October 31, 2024

 Vistara, India’s last full-service carrier to launch operations and in line to merge with Air India, will see its operations merge with Air India on November 12, 2024. In May 2024, preliminary information was released about the merger of the loyalty programs, followed by advice to link accounts of loyalty accounts in both programs. Earlier this month, it was […]

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India’s Digital Transformation: Empowering MSMEs for e-commerce growth

India’s Digital Mission marks nine years of progress, positioning the nation as a leading digital economy. As e-commerce is projected to reach $350 billion by 2030, the focus shifts to how MSMEs can harness this growth through digital integration, skills training, and supportive policies. How can MSMEs leverage this digital growth in e-commerce to streamline […]

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UK promotes e-Visa transition, urges everyone, including Indians, to switch over:

The UK Government is urging immigrants, including Indian nationals, to switch from physical immigration documents to e-Visas as part of its plan to digitize the border and immigration system by 2025. Free consultations and support will be provided to help with the transition, which aims to improve security and efficiency. The UK Government has initiated a […]

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Piyush Goyal launches AI tool to expedite trademark clearance process

Piyush Goyal says AI will have to be accepted by all as it would help promote ease of doing business in every field. Union Commerce and Industry Minister, Piyush Goyal on Wednesday launched an AI (artificial intelligence) and ML (machine learning) search tool that will help clear trademark applications at a faster pace and with greater efficiency. […]

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Govt sets higher MSME lending target of Rs. 27.5 lakh crores for FY25

The FY25 target is over 10% more than the previous year’s lending. The Secretary noted that the Government was looking to extend more support to MSMEs in line with the Budget announcements. The Union Government has set a higher target for MSMEs lending for FY25 at Rs 27.5 lakh crores, over 10% higher than the […]

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India Aims for USD 825 Billion Exports: Goyal:

India’s Commerce Minister, Piyush Goyal targets USD 825 billion in exports this fiscal, despite global challenges. He also outlines plans to attract foreign investments through single-window platforms and industrial townships. Commerce and Industry Minister, Piyush Goyal on Wednesday expressed hope that the country’s merchandise and services exports will cross USD 825 billion despite global challenges. […]

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Govt caps interest subvention amount at Rs 5 crores per IEC for MSME manufacturers

In a trade notice on September 17, the Directorate General of Foreign Trade (DGFT) announced the amendment under the Interest Equalization Scheme (IES) with immediate effect “for rationalization of the scheme.” The Commerce Ministry has imposed an interest subvention cap of Rs 5 crores per IEC (import-export code) for MSME manufactures till September 30, 2024 for the current […]

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