Small Business News - Latest Updates & Headlines
SIDBI, Federal Bank join hands to boost MSME financing
Mumbai, March 6: The Small Industries Development Bank of India (SIDBI) and The Federal Bank Limited (FBL) on Thursday announced that they have signed a Memorandum of Understanding (MoU) to provide financial support to micro, small, and medium enterprises (MSMEs).
What Does MSME Stand For, and Why Is It Important for India's Economy?
New Delhi, March 6: Innovation, entrepreneurship, and hard work are the bedrock of the Indian economy. MSMEs or Micro, Small, and Medium Enterprises, play a critical role in maintaining this growth through them.
Adani Group launches its latest film celebrating impact of Adani Ports: A new addition to Hum Karke Dikhate Hain stories
Ahmedabad, March 4: In continuation of its "Hum Karke Dikhate Hain" stories, the Adani Group announces the launch of its latest film, "Journey of Dreams," which highlights the transformative power of Adani Ports.
'Journey of Dreams': A film highlighting transformative power of Adani Ports
Ahmedabad, March 4: The Adani Group on Tuesday launched its latest narrative-driven film, titled 'Journey of Dreams', which highlights the transformative power of Adani Ports and SEZ Limited.
SIDBI signs MoU with Tata Capital Limited to strengthen financing avenues for MSMEs
New Delhi, February 25: Small Industries Development Bank of India (SIDBI) and Tata Capital Limited (TCL) signed an MoU for "Partnership for financing MSMEs," a release said on Tuesday.
FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Mumbai, Feb 17: The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small, and medium enterprises.
Amazon, DGFT aim to enable $80 billion exports from India by 2030
New Delhi, Feb 7: E-commerce major Amazon and the Directorate General of Foreign Trade (DGFT) on Friday renewed their partnership to help small businesses in India expand their reach in global markets through e-commerce and help enable $80 billion in exports from the country.
J-K: REGP scheme comes as a boon for entrepreneurial youths in Udhampur
Udhampur, February 7: For several youths in Udhampur, the Rural Employment Generation Programme has been a boon as they can avail concessional loans under the scheme to start a new business or expand the existing ones.
MUDRA loan expansion in Budget for homestays create Rs 1,500 cr opportunity for small businesses: SBI
New Delhi, February 3: The expansion of MUDRA loans for homestays has opened a significant opportunity for small businesses in the tourism sector, with potential loans amounting to Rs 1,500 crore under the Shishu category, according to a recent report by the State Bank of India (SBI).
MSME Credit Cards a game changer, but streamline loan disbursement for grassroots impact: Experts
New Delhi, February 2: The introduction of credit cards for Micro, Small, and Medium Enterprises (MSMEs) is expected to be a transformative move, offering easier access to finance.
Ministry of MSME, ONDC launch Rs 277 crore initiative to empower 5 lakh small businesses
New Delhi, Jan 28: In an effort to empower micro, small and medium enterprises (MSMEs), the government on Tuesday launched the MSME Trade Enablement and Marketing (TEAM) initiative with a budget outlay of Rs 277.35 crore over three years.