SME

Small and Medium Enterprises (SME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. SMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. SMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.

SMEs also play a significant role in Nations development through its high contribution in domestic production, significant export earnings, low investment requirements, operational flexibility, location wise mobility, low intensive imports, capacities to develop appropriate indigenous technology, import substitution, contribution towards defence production, technology–oriented industries, competitiveness in domestic and export markets thereby generating new entrepreneurs by providing knowledge, training and skill development .

Government of India was notified by its MSMED Act in 2006 to address policy issues affecting SMEs as well as the coverage and investment ceiling of the sector. The Act seeks to facilitate the development of these enterprises as also enhancing their competitiveness. It provides the first-ever legal framework for recognition of the concept of "enterprise" which comprises both manufacturing and service entities. It defines medium enterprises for the first time and seeks to integrate the three tiers of these enterprises, namely, micro, small and medium. The Act also provides for a statutory consultative mechanism at the national level with balanced representation of all sections of stakeholders, particularly the three classes of enterprises; and with a wide range of advisory functions.

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Concerned about your SIP returns? Here’s what you need to know Don#39;t worry if your SIP in equity mutual funds over the past 8-12 months is showing negative returns. This could be the best thing that ever happened to your portfolio
Thu, 26 Jul 2018 08:02:27 +0530


Jitendra P.S.Solanki Which of these categories are an option they should explore further and which one of them is good to give a miss?
Wed, 25 Jul 2018 08:04:34 +0530


Joydeep Sen When the instrument matures after a month or two, or when the fund gets fresh subscriptions, that quantum is invested at the then prevailing yield levels.
Wed, 11 Jul 2018 07:49:40 +0530


How MF ratings are changing after SEBI#39;s fund reclassification With the reclassification of mutual funds, there will be a change not only in basis of arriving at performance ratings by rating agencies, but also in the method of analysis to be adopted by the investors while reviewing the performance of the schemes for making investment decisions.
Tue, 10 Jul 2018 11:05:21 +0530


An evening walk down Dalal Street | Fresh records for Sensex, Nifty as good global cues, rupee recovery lead the way The Nifty managed to hit 11,500 for the first time ever and has ended above 11,550-mark, while the Sensex comfortably traded above 38,000-mark.
Mon, 20 Aug 2018 16:09:52 +0530


An evening walk down Dalal Street | Sensex fails to hold 38,000, Nifty posts record close All sectors ended in the green, with maximum gains seen among banks, metals, FMCG, and pharma names, among others.
Fri, 17 Aug 2018 16:11:36 +0530


An evening walk down Dalal Street | Banks, weak rupee weigh on Sensex, Nifty gives up 11,400 Selling intensified in the last couple of hours of trade, which led to the downturn on the market. Banks fell on the back of weakness in Kotak Mahindra Bank.
Thu, 16 Aug 2018 16:18:08 +0530


An evening walk down Dalal Street | Sensex ends over 200 points higher, Nifty above 11,400; rupee recovers from all-time low Gains were largely led by banking names as the Bank Nifty ended around a percent higher. Additionally, pharmaceuticals, automobiles, energy and IT names were the top gainers.
Tue, 14 Aug 2018 16:09:48 +0530


An evening walk down Dalal Street | Selling in banks, weak rupee weigh on Sensex, Nifty; defensives gain The Indian currency on Monday touched an all-time low of 69.8550, following the fall in Turkish currency.
Mon, 13 Aug 2018 15:55:57 +0530


An evening walk down Dalal Street | Sensex gives up 38K, closes 150 pts lower, Nifty holds 11,400 At the close of market hours, the Sensex ended down 155.14 points or 0.41% at 37869.23, while the Nifty was lower by 41.20 points or 0.36% at 11429.50.
Fri, 10 Aug 2018 16:05:28 +0530


An evening walk down Dalal Street | Fresh all-time highs for indices, Sensex clinches 38,000 and ends above it; banks gain big The Sensex ended up 136.81 points or 0.36% at 38024.37, while the Nifty closed higher by 21.60 points or 0.19% at 11471.60
Thu, 09 Aug 2018 15:56:18 +0530


An evening walk down Dalal Street | Sensex, Nifty end at record closing highs, Bank Nifty above 28,000 Among broader markets, though, midcaps had a day of underperformance. The index closed on a flat note, with a negative bias.
Wed, 08 Aug 2018 16:50:08 +0530


Podcast | Sensex loses steam after hitting record, Nifty at all-time closing high The Sensex is down 26.09 points or 0.07% at 37665.80, while the Nifty is up 2.40 points or 0.02% at 11389.50.
Tue, 07 Aug 2018 16:04:39 +0530


An evening walk down Dalal Street | Benchmarks ‘bank’ on financials to end at record closing highs The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10.
Mon, 06 Aug 2018 16:19:50 +0530


An evening walk down Dalal Street | Bulls bounceback and how! Sharp buying ensures Sensex, Nifty end week on a high The Sensex is up 391 points or 1.05% at 37556.16, while the Nifty is up 116.10 points or 1.03% at 11360.80.
Fri, 03 Aug 2018 16:15:07 +0530


Moneycontrol News The selloff was led by sectors such as banks, automobiles, IT and energy, while pharmaceuticals stood out with gains of over a percent on the Nifty Pharma index.
Thu, 02 Aug 2018 17:09:41 +0530


An evening walk down Dalal Street | Sensex breaks 4-day rally, Nifty just below 11,350; autos hit The weakness was largely visible in banking and automobile names as investors reacted to the central bank’s announcement
Wed, 01 Aug 2018 16:20:46 +0530


An evening walk down Dalal Street | Bull run continues on D-Street as Sensex, Nifty end at record closing highs In fact, the upmove also ensured that the market ended on an extremely strong note in July, gaining around 6 percent.
Tue, 31 Jul 2018 16:08:16 +0530


An evening walk down Dalal Street | Sensex, Nifty end at record closing highs; PSU banks gain big The Sensex was up 157.55 points or 0.42% at 37494.40, while the Nifty ended up 41.10 points or 0.36% at 11319.50.
Mon, 30 Jul 2018 16:36:46 +0530