The board is likely to take up the matter this month.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Eye business expansion, fulfil working capital requirements and making loan repayments
'COVID-19 is just an excuse to pass anti-labour laws.'
Modi said the biggest challenge would be to ensure that the disease does not spread to villages across the country after relaxations provided by the government.
Work on a dozen decisions to start by next week.
A total of 16 secretaries have been appointed to various central government departments.
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
In many ways, the 68th Republic Day parade was unique.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
In the same quarter a year before, most of them had reported a dismal performance.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
US retail giant Walmart has asked the government for more time to convert $100 million of debentures held in a Bharti Group unit, an investment that's being investigated for alleged violation of norms.
'We focused on de-risking our balance sheet but we are very clear that the steps we have taken over the past few years, about changing the proportion of the loan mix, improving the ratings of the incremental portfolio, and reducing the concentration risks have now created a strong position that will allow us to attain growth with stability.'
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
If Walmart is spinning success stories of Indian manufacturers in global markets, Amazon is taking 'Make in India' to the world, bolstered by its 'Global Selling Programme'
This comes at a time when competition has increased significantly.
Finance ministers from Congress-ruled states say they have alerted the Centre about the problems in GST for several months, but it is only now with the Gujarat assembly election around the corner that the Modi regime has started heeding these suggestions.
Simpler GST structure will be key poll plank, Congress sources tell Archis Mohan.
Indian economy was growing faster than the global average and all other major economies: FM
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
Wal-Mart India said it will "engage and work" with the new government and continue to focus on the cash and carry business in the country in the backdrop of Narendra Modi led BJP getting mandate to come to power at the Centre.
The prime minister sought to allay slowdown concerns saying the fundamentals of the economy are strong, with low inflation and a potential to boost exports.
The minister said that the priority for him will be "rolling out all stuck highway projects that include many of the IL&FS projects within 100 days".
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The top 10 in terms of the number of MSMEs is dominated by the larger states with Uttar Pradesh at the top.
Travel time, too, has not fallen much after the abolition of octroi with trucks still queued up at regional transport offices and toll tax plazas.
Small and medium enterprises had complained of tedious compliance burden under the Goods and Services Tax
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
Singapore Prime Minister Lee Hsien Loong has described the outbreak of violence among South Asian foreign workers on December 8 as "inexcusable".
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
Sweden's backing to India was conveyed to President Pranab Mukherjee, who is in Stockholm on a state visit.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.
Believes companies would come to India eventually.
Under GST, the small and medium industries would have to handle things on their own, says V S Krishnan.
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