Union Minister For Commerce and Industry Piyush Goyal announced on Thursday that the National E-commerce Policy is in its final stages of discussion and is poised for imminent announcement. Addressing the media at a press conference, Goyal stated, “It is in the final stages of discussion at the highest level in the government. We hope […]
As micro, small and medium enterprises (MSMEs) continue to ride the ecommerce wave, the Forum for Internet Retailers, Sellers and Traders (First) India, a division of India SME Forum (ISF) in a survey report has highlighted the challenges in the space and the need for policy reforms for a conducive ecosystem and collaboration between policymakers […]
India’s leading payments and financial services distribution company Paytm has announced the expansion of its loan distribution business with an enhanced focus on higher ticket loans for consumers and merchants. The company highlighted that these loans will be targeted at lower-risk and high-credit-worthy customers in partnership with large banks and NBFCs. Amid recent macro developments […]
eBay, a global commerce platform that connects millions of buyers and sellers around the world, has launched its first-ever ‘Seller Guide’ for Indian exporters. This handbook serves as a tool, providing sellers venturing into cross-border ecommerce with a complete roadmap. From data on India-centric supply to onboarding procedures, promotions and shipping strategies, this guide paves […]
Amid issues such as debt and delayed payments faced by micro, small and medium enterprises (MSMEs), Godrej Capital Nirmaan has partnered with DBS Bank India, Visa, and Amazon to boost MSME growth in India. The company in a press statement stated that these collaborations are designed to aid MSMEs, offering a diverse array of value-added […]
Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, it said that India’s GDP is expected to grow by 6.5 per cent in financial year 2024. Growth projections for Financial Year 2024 indicate that India will grow by 6.5 […]
The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country. Terming the idea of the foreign trade policy formulator idea as “good,” it noted that it would be detrimental to the interests of […]
India needs to improve access to finance for micro, small and medium enterprises (MSMEs), reduce trade barriers by lowering tariffs and negotiate more trade agreements to boost its position in the global supply chain, said Kalyan Basu, Managing Director (MD) and Chief Executive Director (CEO), Vayana TradeXchange in an interview with BW Businessworld. Notably, MSMEs […]
Amid the ongoing festive season, experts have said that business loans to India’s cash-strapped micro, small and medium enterprises (MSMEs) are likely to rise by 20 per cent and the sector’s revenue is expected to increase significantly. A number of high-frequency indicators such as goods and services (GST) revenues signal a record-breaking high in consumer […]
‘What matters is the unique ideas of micro, small and medium enterprises (MSMEs) and we are here to support you, said Manish Tiwary, Country Manager, India Consumer Business, Amazon India. While speaking at the India SME Forum event, Tiwary stressed that the most important thing for any business owner is to focus on the customer. […]
