Indian CEOs believe that partial lockdown to fight COVID-19 infection could impact the movement of labour as well as movement of goods, in turn affecting industrial production significantly

The second wave could dent the sluggish recovery in consumer and corporate confidence, and further, suppress banks' prospects for new business, the global credit rating agency said on Friday

The Finance Ministry said that the central government has decided minimum threshold default of Rs 10 lakh for initiation of resolution process by MSME corporate debtor.

Of this, 4.20 crore PMMY loans were sanctioned in 2020-21 alone, under which Rs 2.66 lakh crore were disbursed in the fiscal year (As on 19.03.2021)

The amendment allows the Centre to notify the minimum amount of default value, not more than Rs 1 crore, for pre-packaged insolvency resolution process.

The suspension -- wherein fresh insolvency proceedings were not allowed for a year starting from March 25, 2020 -- was implemented amid the coronavirus pandemic disrupting economic activities

In an interview with India Today, Rajiv Bajaj, Managing Director, Bajaj Auto expressed how MSMEs (Micro, Small and Medium Enterprises) were being ignored in the country during the pandemic while they were the hardest hit. He also added how everybody looked only at BSE, NSE and ignored the voices of the common man. Watch the video for full interview.

ECLGS 3.0, which will cover the newly added service sectors, will involve extension of credit of up to 40 per cent of total credit outstanding across all lending institutions as on February 29, 2020.

Reserve Bank has today communicated the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 1, 2021, will be 7.81 per cent

The gig economy, where workers get hired typically for short durations, can lead to transactions of over USD 250 billion over the long term, the report by the consultancy firm BCG said

While refusing to extend the period of moratorium, the apex court said there is \"no justification\" to charge interest on interest or compound interest for the period during the moratorium once the payment of instalment is deferred by last year's March 27 notification

A bench headed by Justice Ashok Bhushan which had reserved its verdict on the batch of pleas on December 17, last year, will pronounce the judgement

Gadkari invited investors abroad to invest in Indian MSMEs and expressed hope that this will provide a number of opportunities to the MSME sector to become the world's largest manufacturing hub

The rules, the first of their kind released publicly by the financial technology giant, comes some four months after China suspended the group's $37 billion plan for a share listing in both Shanghai and Hong Kong

Banks have sanctioned loans worth Rs 2.46 lakh crore under ECLGS, Union Minister of State for Finance Anurag Thakur told the Rajya Sabha

Shares of BPCL, Reliance, Future Retail, Indian Bank, HPCL, HUDCO, Kotak Mahindra Bank, SBI Cards, Power Finance Corporation and Max Financial Services will be in focus in Wednesday's trading session

JioBusiness claims to help businesses engage better across customer lifecycle, make it easier for them to go online, run operations round the clock, increase business efficiency and reduce costs

Jio has announced affordable enterprise-grade fiber connectivity plans for micro, small and medium businesses in India.

The finance ministry said that in the past seven years, it launched various schemes such as Stand Up India, Mudra Yojana, among others, which have special provisions for empowerment of women

The state government has been working closely with millions of small units in the form of ''Mission Shakti'' groups and a five-day MSME trade fair, which commenced on Friday, will help entrepreneurs showcase their products, Patnaik said