India marked 10 years of Prime Minister Narendra Modi’s ‘Make in India’ initiative, which has revitalized the industrial sector, attracted investments, and created jobs. Key reforms like GST and the Bankruptcy Code have improved ease of doing business. The initiative has also led to significant infrastructure development and increased global competitiveness. On September 25, the […]
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Axis Bank, the country’s third-largest private lender, was hit with a Rs 1.9 crores (US$229,000) penalty from the Reserve Bank of India (RBI) earlier in September for regulatory non-compliance. But that didn’t come as a surprise to the employees of the 31-year-old bank. The irregularities at Axis Bank involved employees opening savings accounts for ineligible […]
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Planning to study or work in Europe? The good news is, obtaining a Schengen Visa has become more accessible for Indian citizens! Discover the countries with the highest approval rates and MEV issuance. Start your European adventure today! With globalization on the rise, more Indian citizens are seeking work, study, and travel opportunities abroad. As […]
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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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