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India’s exports hit a record high despite a global trade slowdown

Focus on certain countries and products has led to increased exports. Can this be sustained? INDIA’S MERCHANDISE foreign trade data for October 2024 came packed with a pleasant surprise. The export value of 10 key products was the highest ever in India’s trade history. Non-petroleum product exports were also at a record $34.61 billion. A […]

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Of 61 Davos deals for Maharashtra, 51 are with Indian firms, with 43 already in Mumbai-Pune: Congress leader

State Congress Chief questions BJP’s claims of big investments, job creation at the World Economic Forum in Davos; claims these deals show Government is promoting criminals, black-market activity. Maharashtra Congress president, Nana Patole has called on the State Government, led by Chief Minister, Devendra Fadnavis and the previous Eknath Shinde-led administration to release a white […]

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Zetwerk mafia on fundraising spree: Scimplify, CBCatalyst, Sanlayan discuss new rounds

While Scimplify is likely to raise $30 million, Sanlayan is in talks to raise $20 million. CBCatayst is discussing a $1 million deal and Lightspeed is in advanced stages to back a former business head at Zetwerk in a $5 million deal, multiple sources told Moneycontrol. A new ‘startup mafia’ is emerging from the ranks […]

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MSMEs squeezed even for decent margins: Small businesses call for Govt. funding in Budget to adopt sustainability

Support to the millions of MSMEs, the backbone of the economy, is absolutely vital to inch closer to India’s green goals. India has its long-term goals of achieving net-zero by 2070 and meeting 50% of electricity needs from non-fossil sources by 2030. To be in sync with such targets, companies need to focus on sustainability […]

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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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