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Lucknow: Amid speculation of a cabinet expansion after three ministers were elected as members of Parliament in the recently concluded Lok Sabha elections, the government has, for the time being, distributed their portfolios among sitting ministers. 

For any MSME, fundraising is always a daunting task and timely availability of funds can make or break any business. For example, during the summer season, small ice-cream plant manufacturers look to raise money to manage the seasonality of demand.

Union Minister for Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari, on Friday said that the ban on entry of corporates and private players in the MSME sector has been lifted to pave way for the formation of 700 clusters in order to reduce dependence on imports as well as for job creation.

The rupee depreciated by 9 paise to 69.89 against the US dollar in early trade on Monday on weak opening in domestic equities and rising crude oil prices.

NEW DELHI: Goods and Services Tax Council, the federal indirect tax body, is set to take several decisions to curb tax evasion in its first meeting to be chaired by new finance minister Nirmala Sitharaman on 21 June.

Berlin - Germany is proud of its textile recycling, and rightly so: Only a few countries worldwide collect their old textiles so consistently and use them for the second hand market or for recycling purposes.

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