INTERACTIVE MEETING WITH MANAGING DIRECTOR, SBI

Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and SME Export Promotion Council has paid courtesy visit to Shri Rama Mohan Rao Amara – Managing Director (International Banking & Global Markets), State Bank of India (SBI) on 22 January 2025 at SBI, HQ Mumbai. Shri Salunkhe has apprised business activities and initiatives […]

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INTERACTIVE MEETING WITH GOVERNOR, RESERVE BANK OF INDIA

Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations has paid courtesy visit to Shri Sanjay Malhotra – Governor, Reserve Bank of India on 22 January 2025 at RBI, HQ Mumbai, Shri Salunkhe has apprised business activities and initiatives of the organization as well as submitted various […]

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2025 is set to be a big year for mergers and acquisitions in the United States

Rajesh Sharma is a mergers-and-acquisitions strategist at Itochu, one of Berkshire Hathaway’s Japanese portfolio companies. The views expressed are his own. Last year, the U.S. Federal Reserve cut its policy rate twice: first by 50 basis points in September, then by 25 basis points in November. These were the Central Bank’s first-rate cuts, since concluding […]

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DIGITAL TRANSFORMATION AND SUSTAINABILITY FOR SMEs

Digital transformation and sustainability empower Indian SMEs to overcome challenges, enhance competitiveness, and expand into global markets, driving economic growth and promoting innovation across industries and geographies Chandrakant Salunkhe – Founder & President, SME Chamber of India Indian SMEs are harnessing digital transformation and sustainability to overcome challenges, enhance competitiveness, and drive economic growth. Between […]

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Private companies have to notify vacancies or face fine: Maharashtra Govt

As Lodha shared a detailed plan of action for the next 100 days, he also announced that the State will have its own Placement Agencies Act to regulate them as many of them are observed to be fraudulent in nature. Private companies will have to notify the Government about their vacancies and failing to do […]

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Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall

According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ₹130 trillion over next 3-5 years. According to RBI norms, banks are required to maintain at least 40% of their adjusted net bank credit as priority sector loans. India’s non-bank lenders are coming together […]

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ICICI Lombard General Insurance Company standalone net profit rises 67.89% in the December 2024 quarter

Net profit of ICICI Lombard General Insurance Company rose 67.89% to Rs 724.38 crores in the quarter ended December 2024 as against Rs 431.46 crores during the previous quarter ended December 2023. Sales rose 17.20% to Rs 5045.17 crores in the quarter ended December 2024 as against Rs 4304.81 crores during the previous quarter ended […]

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5 lakh MSME units registered in a year in Rajasthan: CM

Jaipur: Addressing pre-budget discussions held in two sessions with representatives of industry, trade, tax advisory associations and the service sector on Monday, Chief Minister, Bhajan Lal Sharma said MSME registrations were increasing rapidly due to investment-friendly policies of the State. In the last year, he said, about 5 lakh micro, small, and medium enterprises (MSMEs) […]

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New change in GST RCM on Rent, Notification No.07/2025 CT(R)

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 07/2025-Central Tax (Rate) to implement recommendations from the 55th GST Council Meeting held on December 21, 2024. This notification amends Notification No. 13/2017-Central Tax (Rate) by modifying the applicability of the Reverse Charge Mechanism (RCM) for services involving the renting of immovable property, with specific exclusions for composition taxpayers. Amendment to Serial […]

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Startup Mahakumbh 2025 Returns to Empower Entrepreneurs Globally

Startup Mahakumbh 2025, the world’s largest startup event is poised to return with an ambitious vision to ignite innovation, empower entrepreneurs and elevate India’s position on the global startup stage. Scheduled to take place from April 3 to 5, 2025, the second edition of this flagship event is set to foster collaboration, inclusivity and technological […]

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