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RBI key rate hike more than expected
It was no surprise that the Reserve Bank of India (RBI) raised interest rates more aggressively owing to the fact that runaway inflation was above 10 percent for the past five months. The RBI lifted the repo rate, at which it lends to banks, by 25 basis points to 5.75 percent. This was more or less...Staying the course
The outlook on inflation, says the Reserve Bank of India (RBI), will be shaped in the near term by three factors: the monsoon at home, trends in global energy and commodity prices,...B2B portals can help SMEs prosper
Without doubt, B2B portals today offer many opportunities for SMEs to grow and prosper. B2B portals are about networking businesses, introducing collaborative business practices an...Kerala SMEs – Is there fire in the belly?
The last few weeks saw me get involved with the Small and Medium Establishments in the Coir sector in Kerala. Cluster Pulse, a nodal agency funded by a consortium of international and national financial institutions, is spearheading the efforts to bringing in professionalism, business acumen, market...
Strategy for sustained growth
Ashok Handoo | 25 Jun, 2010 A leading economic think-tank, the Centre for Monitoring Indian Economy (CMIE), has estimated that the Indian economy is set to grow at 9.2 percent in the current financial year. This is much higher than the estimates made both by the Government and the Reserve Bank of I...Future Business Model Must Include Innovation at Grassroots
Veeksha Vegmita Sindustry has undergone a huge transition from being self-reliant during the 1960s to become a strong competitor at the present global platform. India has embarked on its technological innovation, intellectual property rights, goods and services to compete with the international mar...SME Exchange: Merchant Bankers Hold the Key
Rajen Kumar Things seem to be in place for the SME Exchange to become a reality. SEBI is all set to give final guidelines soon as we understand. Merely starting the Exchange is unlikely to solve problems of the SMEs sector. How soon and how far the Exchange will become viable before it starts attra...Need for CSR among SMEs
Corporate social responsibility (CSR), hardly a new term in the Indian business sector, refers to a commitment by companies to enhance some aspects of the society by contributing funds or labour. However, despite the fact that several SMEs engage in CSR activities, their efforts seldom get noticed a...India Business News
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