SME Times News in Center News

No need to ban cotton export, says Maran

Staff Reporter — Thu, 26 Nov 2009 00:00:00 +0530

Union Minister of Textiles, Dayanadhi Maran, has said the current situation does not warrant a ban

Leather cluster hit by rising rupee: media report

Staff Reporter — Mon, 23 Nov 2009 00:00:00 +0530

The fast-rising rupee, vis-a-vis the US dollar, had hurt the $4 billion Indian leather industry, as currencies of competing countries, especially China, that made slower gains against the dollar, and in some cases have even declined.

Govt will introduce polymer bank notes soon

Staff Reporter — Sat, 21 Nov 2009 00:00:00 +0530

In a bid to check proliferation of counterfeit currency notes and make bank notes last longer, central bank will introduce 100 crore polymer notes of Rs.10 denomination on a trial basis soon, it said on Friday.

Manmohan confident US will overcome economic crisis

IANS — Sat, 21 Nov 2009 00:00:00 +0530

Prime Minister Manmohan Singh is pretty confident that the US will recover from the global economic crisis, thanks to the skills of the US business class and the US educational system.

Exports to grow by 15 pc in 2010-11: Anand Sharma

Staff Reporter — Thu, 12 Nov 2009 00:00:00 +0530

India would achieve an annual export growth of 15% over 2010-11 and be able to come back

Exports shrink, constant decline in negative growth

Staff Reporter — Thu, 12 Nov 2009 00:00:00 +0530

Exports shrink for the 13th straight month, as it fell 11.4 percent in October on little demand

SEBI not clear about separate SME exchanges

Staff Reporter — Wed, 11 Nov 2009 00:00:00 +0530

Contradicting its own statement, market regulator SEBI on Tuesday said separate exchange can be set up for trading in shares of small and medium enterprises (SMEs), while existing exchanges can also have a separate platform for SMEs.

Stimulus to continue till recovery in developed markets: Pranab

Staff Reporter — Wed, 11 Nov 2009 00:00:00 +0530

The Indian economy has been able to fare well in spite of the adverse impact of the global economic crisis, due to the strength of its domestic demand, said Pranab Mukherjee, Minister of Finance.

Draft paper for Goods and Services Tax unveiled

Staff Reporter — Wed, 11 Nov 2009 00:00:00 +0530

With barely over four months left for the rollout of GST, the government has proposed that the new tax regime should subsume most central indirect levies like excise and service tax as well as state taxes like VAT, making it easier for business and industry.

New listing norms for SMEs, no separate exchange: SEBI

Staff Reporter — Tue, 10 Nov 2009 00:00:00 +0530

SEBI has notified new norms for listing and raising of funds by SMEs but ruled out a new stock exchange for such entities.