Once implemented, the new tariffs, ranging from 10% to 25%, will replace the current 50% duties that India is facing. The United States (US) administration’s decision to impose new tariffs on items such as imported timber and lumber, kitchen cabinets, bathroom vanities and upholstered furniture may help Indian exporters become more competitive in the American […]
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The Government on Tuesday announced the extension of fiscal benefits under the RoDTEP scheme for exports for six more months until March 31, 2026, amid a 50% tariff imposed by the United States (US) on Indian imports. “…The Central Government hereby notifies the extension of the RoDTEP Scheme beyond 30.09.2025. Accordingly, the RoDTEP Scheme shall […]
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The Small & Medium Business Development Chamber of India (SME Chamber of India) has called for urgent reforms to improve credit access for micro, small and medium enterprises (MSMEs), recommending easier and more affordable loans, waiver of processing fees, uniform application formats across banks, and greater interaction between senior bank officials and entrepreneurs. It has […]
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The Prime Minister’s Office (PMO) has convened a high-level meeting on September 23 to deliberate regulatory reforms aimed at fostering large domestic audit and consultancy firms capable of competing with global giants such as Ernst & Young (EY), Deloitte, KPMG and PricewaterhouseCoopers (PwC). The meeting to be chaired by Shaktikanta Das, Principal Secretary to the […]
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MSME steel importers are seeking a Government exemption from a new quality control order and BIS approval requirements, arguing the mandate has fueled a sharp spike in prices and left their businesses in financial jeopardy. A new Government quality control order on steel is pitting India’s micro, small and medium enterprises against regulators, with importers […]
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Banks in India are now using AI avatars for loan recovery. These virtual agents make video calls and send messages to borrowers. This method is cheaper and more efficient than using human agents. Private banks are adopting this technology. Public sector banks are also considering it. The goal is to improve loan repayment rates while […]
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Indian industry leaders are advocating for a streamlined single-window clearance system to attract Global Capability Centers, startups and research organizations, aiming to bolster domestic innovation and investment. This call comes in response to revisions in the US H1B visa policy, which are expected to make global talent more expensive and less mobile. Indian industry executives […]
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Ms. Saakshi Kulkarni, Director – SME Chamber of India and SME Business Forum Ms. Vishakha Khanna- Branch Manager, IDFC BANK addressing the delegates on About IDFC BANK & Product offering Mr. Rabin Agarwal- VP Sales- Bharti AXA Life Insurance addressing the delegates on Innovative Tax planning Solutions for SME’s Mr. Durgesh Bhatt- Beaconz HR addressing […]
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Challenges Faced by MSMEs in Accessing Imported Components: The Government has identified challenges that Micro, Small & Medium Enterprises (MSMEs) face in accessing imported components and raw materials due to stringent quality control frameworks. High-Level Committee Recommendations: The High-level Committee on Non-Financial Regulatory Reforms (HLC-NFRR) has proposed key changes to ease these challenges. The committee, […]
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Shri Chandrakant Salunkhe Founder & President SME Chamber of India & Federation of Indian SME Associations has participated as speaker at Conference on Empowering MSMEs: Opportunities, Challenges and Way Forward , organized by the Indian Banks` Association on 18th September 2025 at Bank of Baroda conference hall, HQ, Mumbai. In the presence of Mr. M. […]
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