[ad_1] New Delhi: The decision to allow the below firms GST threshold to join e-commerce A big decision that will help small businesses benefit from rapid growth online areaMinister of Commerce and Industry Piyush Goyal said on Thursday. The minister said that this decision will be a game-changer for the success of the government’s Open Network for Digital Commerce (ONDC) platform. “It will bring small retailers into the e-commerce ecosystem,” he said, adding that handicrafts, handlooms, textiles and small retailers would be the major beneficiaries. The GST Council has decided…
Tag: small
Small Finance Bank: Will bearish market conditions prove to be a hindrance to AU SFB’s solid journey?
[ad_1] The lending base of small finance banks and private banks differ significantly. The Reserve Bank of India (RBI) has limited the amount that SFBs can lend; Private banks have no such restriction. essence AU Small Finance Bank, Ujjivan Small Finance Bank, Equitas Small Finance Bank and Suryodaya Small Finance Bank are the four small finance banks (SFBs) that are listed on stock exchanges in India. Some players are facing internal governance challenges, and some have been badly hit by the pandemic. AU Small Finance Bank is one of those…
Tech View: Nifty forms a small bullish candle; 16,000 level likely to be revisited
[ad_1] nifty 50 Tuesday ended with a slight rise and formed a minor bullish candle on the daily chart. Analysts say that the positive trend of the bandh after the start of the fall was positive. They see that the index is testing the 16,000 level in the coming days. He added that the support for the index remains at 15,700. Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan said that during the day, selling pressure was absorbed near the key hourly moving averages. The index saw a brief consolidation…
Amidst the controversy over the remarks against the Prophet, Manish Sisodia targeted the Center, saying – Small countries are also challenging India under BJP rule
[ad_1] AAP leader and Delhi Deputy Chief Minister Manish Sisodia on Monday alleged that the BJP has brought the country to such a state that “even small countries are now challenging the great nation of India”. He claimed that every Indian is hurt by this and “the suffering is endless”. Sisodia’s remarks came after the Organization of Islamic Cooperation (OIC) pulled up India for the remarks of two BJP functionaries against Prophet Mohammad and even urged the United Nations to take necessary measures to ensure the rights of Muslims are…
Bank credit to micro, small enterprises grew nearly 20% in April compared to a year ago: RBI data
[ad_1] Loans and Finance for MSMEs: Bank credit to micro and small enterprises (MSEs) continued to improve in April 2022. Gross bank credit posted to MSEs during the month grew 19.7 per cent to Rs 14.08 lakh crore from Rs 11.77 lakh crore in April 2021, the latest figures from the Reserve Bank of India (RBI) show.reserve Bank of India) Shown on regional deployment of bank credit. The year-on-year (YoY) growth during March stood at 10.6 per cent as compared to 8.4 per cent in February and 4.8 per cent…