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Coimbatore, Aug 7 Tirupur Exporters'' Association (TEA) on Wednesday hailed the reduction of policy Repo rate by 0.35 per cent from 5.75 per cent to 5.4 per cent announced by the Reserve Bank of India in the third bi-monthly monetary policy for 2019-20.

NEW DELHI: Micro, small and medium enterprises (MSME) minister Nitin Gadkari and small businesses on Tuesday complained about the 59-minute loan scheme being slow in disbursing loan, while asking FM Nirmala Sitharaman to ensure that their dues from the government are cleared expeditiously. 

As per news reports, MSME Minister Nitin Gadkari said in the Lok Sabha that the government has decided to launch a portal on the lines of Alibaba in China and Amazon in the US for selling products manufactured by small industries within a month.

The Turkish kids garment industry has enhanced its customer diversity and production capacity by 30 per cent because of Syrian manufacturers that fled the Syrian civil war and took refuge in Turkey.

New Delhi: Taking a series of steps to boost the adoption of digital payments, RBI on Wednesday said the National Electronic Funds Transfer (NEFT) facility will be available 24x7, the scope of utility bill payments will be expanded, and more players will be encouraged in the retail payment space.

The Turkish kids garment industry has enhanced its customer diversity and production capacity by 30 per cent because of Syrian manufacturers that fled the Syrian civil war and took refuge in Turkey.

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