The rupee slipped by 54 paise to hit an intraday low of 73.04 against the dollar on Monday, reported news agency Press Trust of India (PTI). Increased demand for the American currency from importers, high global crude oil prices amid dollar's strength against some currencies overseas weighed on the domestic currency, traders said.

By Sudhakar Atre,THE 12 point MSME support and outreach programme announced by Prime Minister on November 2 is a welcome step as it will boost the micro, small and medium enterprises (MSMEs). 

To address the funding crunch faced by micro, small and medium enterprises (MSMEs), the government on November 2, 2018, announced initiatives to improve credit access, as part of its support and outreach programme for the sector.

MANGALURU: Apex industry body ASSOCHAM today welcomed the reported decision of Reserve Bank of India on exploring a loan restructuring package for small and medium enterprises (SMEs) which is likely to provide much-needed immediate relief to the segment.

The Bangladesh economy is growing at an extremely healthy rate. According to the latest figures form the Asian Development Bank (ADB), Bangladesh is expected to post a growth rate of 7.5 percent in 2018-19, and the ready-made garment industry will be a key engine driver behind that growth.

The government’s new loan portal falls short.