Articles

MSMEs Bounce Back With Normalising Repayments

Opportunity India Desk Jul 15, 2022 - 3 min read

Small Industries Development Bank of India (SIDBI) Chairman and Managing Director Sivasubramanian Ramann has reported said that Indian MSMEs have bounced back with repayments coming back to normal virtually. Speaking with a leading daily, he said, “MSMEs have bounced back. Repayments have virtually come back to normal. In the smaller units that employ limited people ...

Share
5 Best Schemes to Know This World Youth Skills Day

Opportunity India Desk Jul 15, 2022 - 5 min read

Karnataka Government just nodded in agreement, to the proposal of Karnataka Skill Development Corporation (KSDC), to build Karnataka Skill Connect Portal (KSCP). This portal is said to be a digital platform to bring together academic institutions, various skilling agencies, potential workforce, and potential employers. The State Chief Minister responded, to the KSDC’s request developing this ...

Share
Manufacturing Export To Reach USD 1 Trillion By FY2028

Opportunity India Desk Jul 15, 2022 - 3 min read

India is expected to scale up its manufacturing exports to USD 1 trillion by fiscal year 2027-28 amid favourable trends in manufacturing and growth in priority sectors, said Bain & Company in a report titled, ‘The Trillion-Dollar Manufacturing Exports Opportunity for India’.The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery.

Share
MSMEs Saw Positive Growth In First Six Months Of 2022

Opportunity India Desk Jul 15, 2022 - 3 min read

The first six months of 2022 have been growth positive for micro, small and medium enterprises (MSMEs) across all the categories and regions, the 2022 Mid-Year MSME Business Sentiment Survey by fintech firm Khatabook said. The firm surveyed 7,295 MSME businesses through which it was found that a total of 71 per cent of businesses are optimistic about growth ...

Share
QuickShift Bringing Seamless Experience In Logistic Ecosystem

Opportunity India Desk Jul 15, 2022 - 4 min read

The logistic industry is considered as the backbone of an economy and being the fastest evolving industry, the Indian logistics sector is estimated to grow at a compounded annual growth rate (CAGR) of 8 per cent in the next five years. While the logistic industry streamlines the business activities like storage, distribution, and fulfilment ...

Share
Revival Of The Real Estate Sector In Post-Covid Era

Opportunity India Desk Jul 14, 2022 - 4 min read

COVID-19 pandemic was harsh and it impacted all the sectors alike. The lockdowns and curfews that ensued, made everything unpredictable. One of the sectors which suffered a huge setback was that of real-estate. The primary reason for the setback was the lack of a future forecast. Real-estate sector is majorly driven by forecast and ...

Share
India Clamping Down Chinese Companies In Corporate Stand-Off

Opportunity India Desk Jul 14, 2022 - 4 min read

The Directorate of Revenue Intelligence (DRI) has slapped a INR 4,389-crore show-cause notice on Oppo India for allegedly evading customs duty by wrongfully availing of exemption benefits. Oppo India is a subsidiary company of China-based Guangdong Oppo Mobile Telecommunications Corporation and deals in mobile phone brands, including Oppo, OnePlus, and Realme. The duty ...

Share
Govt Plans To Build Electric Highway Between Delhi And Mumbai

Opportunity India Desk Jul 14, 2022 - 3 min read

The government will construct an electric highway between Delhi and Mumbai, Union Minister Nitin Gadkari said while addressing an event organised by the Hydraulic Trailer Owners Association (HTOA). Germany had launched its first electric highway on a six-mile-long stretch of Autobahn near Frankfurt three years ago. It allows hybrid cargo trucks to recharge their batteries ...

Share
Banks Increase Foreign Currency Deposit Rates Following Relaxing Norms

Opportunity India Desk Jul 14, 2022 - 3 min read

As the Reserve Bank of India (RBI) has relaxed norms and allowed banks to raise foreign currency non-resident (FCNR) and NRE deposits from non-resident Indians (NRIs) till October 31, 2022, Several banks like SBI, ICICI Bank, HDFC Bank and IDFC First Bank have raised interest rates on FCNR deposits. The RBI had last week ...

Share
From One Instagram Shop to Turnover in Crores; Learn How This Start-up Grew By Helping Others

Opportunity India Desk Jul 13, 2022 - 5 min read

Despite the government taking a number of steps, to help them reach their consumers, a notable number of small businesses fail. A common reason, for this failure, is diverse geographical conditions of the country. A start-up from the Kashmir, FastBeetle, is helping out small businesses to increase global reach. Started in 2019, FastBeetle is a ...

Share