Budget 2024-25: The ultimate explainer

Budget 2024-25: The ultimate explainer

And while the economy is galloping, there are pain points that are beginning to hurt. India has emerged as the fastest growing large economy with an enviable gross domestic product (GDP) growth of over 8%. However, the economic expansion has been uneven. The rural economy, particularly, has been sluggish and there simply aren’t enough jobs … Read more

Environmental, Social, and Governance: Key expectations from the Union Budget 2024-25

Environmental, Social, and Governance: Key expectations from the Union Budget 2024-25

As the Hon’ble Finance Minister Nirmala Sitharaman prepares to present the comprehensive union budget for 2024-25 on July 23, 2024, various sectors are abuzz with expectations for significant policy changes and financial allocations. Environment, Social and Governance (ESG) is not only vital to enable sustainability and resilience for the fast growing economy of India, but … Read more

Fintechs and NBFCs can solve credit issues for SMEs and MSMEs, says Vikas Singh of Sugmya Finance

Fintechs and NBFCs can solve credit issues for SMEs and MSMEs, says Vikas Singh of Sugmya Finance

In an interview with MintGenie, Singh said that fintechs and NBFCs can play a considerable role in solving the credit accessibility and creditworthiness of SMEs and MSMEs. Edited Excerpts: India has the largest MSME base after China. Keeping that in mind, what trends do you think are dominating the industry right now? Can you highlight at … Read more

How small businesses can benefit from Udyam registration

How small businesses can benefit from Udyam registration

Micro and small businesses and professional organizations play an important role in India, accounting for an estimated 45-50% of the country’s business turnover. Many multinational companies (MNCs) and large Indian business houses are increasingly snapping up such businesses and bringing them into their fold. Here are the various schemes and benefits available to such businesses, … Read more

Budget 2024: A blueprint that’s more than just a financial document

Budget 2024: A blueprint that’s more than just a financial document

India is on the cusp of change, having transformed to become the fifth largest economy in the world and is gradually moving towards being in the top three. Our economy is uniquely diverse and rapidly growing; this is powered by infrastructure, manufacturing, information technology and services sectors. A key strength is our sizeable domestic market, … Read more