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Ludhiana’s District Administrative Complex To Have Space To Exhibit MSME & SHG Products

Ludhiana, Feb 20 (KNN) In a groundbreaking development for Ludhiana’s small business sector, the District Administrative Complex (DAC) will house a first-of-its-kind outlet dedicated to showcasing and selling products from micro, small, and medium enterprises (MSMEs) and self-help groups (SHGs).  This initiative aligns with the Centre’s ‘One District One Product’ program and supports the broader...
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FKCCI Calls For Separate Policy For Micro Enterprises In Karnataka Budget

Bengaluru, Feb 22 (KNN) The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has submitted its pre-state budget memorandum for 2025-26, emphasising investment revival, infrastructure development, and the need for a separate policy for micro, small, and medium enterprises (MSMEs). FKCCI highlighted the necessity of a distinct policy for micro enterprises, stating that micro units,...
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RBI Mulls Removal of Prepayment Penalties on Floating-Rate Loans for Retail and MSME Borrowers

New Delhi, Feb 22 (KNN) The Reserve Bank of India (RBI) has issued draft guidelines proposing the removal of foreclosure charges on floating-rate loans for retail and micro, small, and medium enterprise (MSME) borrowers.  The guidelines, released on Friday, also suggest that loans granted for business purposes to individual borrowers should be exempt from prepayment penalties....
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IIM Kashipur’s Two-Day Entrepreneurship Summit Highlights Agri And MSME Innovation

Kashipur, Feb 25 (KNN) The Indian Institute of Management (IIM) Kashipur successfully concluded its flagship entrepreneurship summit, Uttishtha’25, on February 24, 2025. The two-day event featured extensive discussions, competitions, and start-up showcases that brought together industry leaders, entrepreneurs, investors, and students. Organised in collaboration with the Foundation for Innovation and Entrepreneurship Development (FIED) and with...
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Chandigarh MSME Sector Recovers with Steady Growth in New Registrations Post-Pandemic

Chandigarh, Feb 25 (KNN) The micro, small, and medium enterprises (MSME) sector, the backbone of Chandigarh’s industrial growth, has witnessed a steady rise in new registrations over the past three financial years, signalling resilience after the Covid-19-induced economic slump. According to data from the Union Ministry of MSMEs, 4,564 new MSMEs were registered in FY...
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Alexa von Tobel has high hopes for ‘fintech 3.0’

It’s been 10 years since Alexa von Tobel sold her financial planning startup Learnvest to Northwestern Mutual for $250 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny Pritzker. She’s...

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