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RBI extends support for small businesses with Resolution Framework 2.0
Small businesses engaged in retail and wholesale trade other than those classified as micro, small and medium enterprises (MSMEs) will also be eligible to avail the benefit. The central bank also allowed MSMEs with loans of up to Rs 25 for restructuring businesses crore in a separate notification.Read more
Korea to partner Maharashtra for smart cities & villages, SMEs & start-up hubs
Maharashtra State Industries Minister Mr Subhash Desai and KOTRA Vice-President Mr Kim Doo Young inaugurated Korean Expo 2016 at the Bombay Exhibition Centre. Korea is amongst the Top 6 (it was Top 7 in 2015) import sources for India during January-September 2016 with India importing a total of US$ 8.9 billion (-8.7%) as compared to US$ 9.8 billion in 2015 (Jan-Sep).Read more