The CWS measures the activity status of a person on the basis of a reference period of the last 7 days preceding the date of survey. India’s overall unemployment rate comprising both urban and rural areas came down to 4.9% in 2023-2024 (July-June), from 5.1% in 2022-23, the Government said on Monday, quoting the results […]
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A slowdown in business activity of both the manufacturing and services sector pulled down the expansion of India’s private sector economy in September, according to a survey by HSBC on Monday. According to the survey carried out by the global banker, the headline flash composite Purchasing Managers’ Index (PMI) figure declined to 59.3 in September, […]
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HSBC Flash India Composite PMI drops to 59.3 this month from 60.7 in August: India’s private sector business activity levels expanded at the mildest pace in nine months this September, with output, new orders and export deals clocking the softest upticks so far in 2024, as per the HSBC Flash India Composite PMI Output Index, […]
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Extended deadline replaces earlier 18-month compliance window. In a significant move, the Corporate Affairs Ministry (MCA) has granted relief for “producer companies”, extending the compliance window on mandatory dematerialisation of their existing shares. Producer companies, who were earlier required to complete dematerialisation of their shares by September 30, 2024, have now been given time till […]
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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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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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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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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 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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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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