In an exclusive interview with SME Times, Satya MicroCapital CEO & MD Vivek Tiwari said that Indian banks should be encouraged to give collateral free loans to small and medium enterprises (SMEs).
Vice President M. Venkaiah Naidu on Friday said that concerted efforts are required from every stakeholder to ensure that there is no agrarian distress in the country.
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Ambani's Reliance Industries Ltd (RIL) for Rs 13,000 crore.
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth capital needs because there is unlikely to be any fresh bank recapitalisation till the next government takes over in June, official sources said on Friday.
Chennai: India can achieve a three-fold "aspirational" increase in its engineering exports to reach $200 billion by 2025, if concerted efforts are made by the government and industry to develop a conducive ecosystem, and ensuring inputs at competitive prices, according to an EEPC India-Deloitte strategy paper.
Merchandise exports rose 2.44 per cent to $26.67 billion in February from $26.03 per cent in the year-ago month mainly driven by higher shipments in sectors such as pharmaceutical, engineering and electronics.