Trends

Trends

Reforms In Customs Duties Will Promote Export Competitiveness: Sitharaman

Opportunity India Desk Jul 23, 2024 - 3 min read

The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount, said Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in her Budget speech in Parliament today. New Customs Duty rates are proposed ...

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PM Package Worth Rs. 2 Lakh Crore for Employment, Skilling And Other Opportunities Announced

Opportunity India Desk Jul 23, 2024 - 4 min read

- This scheme is expected to benefit 2.1 crore youth over 2 years and will provide one-month wage to all persons newly entering the workforce in all formal sectors. - The eligibility limit will be a salary of Rs. 1 lakh per month. - Direct benefit transfer of one-month salary will be up to Rs. ...

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Government Proposes Eight New Measures In Support For Promotion Of MSMEs

Opportunity India Desk Jul 23, 2024 - 7 min read

As anticipated, the government has announced an all-round and continuous support to strengthen the backbone of the Indian economy, the Micro, Small and Medium Enterprises (MSMEs) sector on Tuesday during its budget presentation for FY 2024-25. From Credit Guarantee to increased MUDRA loan to stress fund and new SIDBI branches in MSME clusters, Union Finance ...

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Union Budget 2024: 30 Crore Mudra Loans Given To Women Entrepreneurs, Says Sitharaman

Opportunity India Desk Feb 01, 2024 - 2 min read

Presenting the Union Budget 2024 on Thursday, Finance Minister Nirmala Sitharaman highlighted the significant impact of the Pradhan Mantri Mudra Yojana, informing that 43 crore Mudra loans totaling INR 22.5 crore have been sanctioned, with 30 crore loans specifically benefiting women entrepreneurs. Sitharaman emphasized the role of the PM Mudra Yojana in supporting ...

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Union Budget 2024: Sitharaman Unveils Pro-MSME Strategies; INR 1 Lakh Crore Innovation Corpus

Opportunity India Desk Feb 01, 2024 - 1 min read

In her sixth budget speech, Finance Minister Nirmala Sitharaman emphasized the government's commitment to supporting micro, small, and medium enterprises (MSMEs) in their global growth endeavors. Despite the absence of new announcements on credit access, technology adoption, or GST for small businesses, Sitharaman outlined key strategies during the Amrit Kaal for promoting the ...

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Industry Experts Weigh In On FinMin's Budget: A Mix of Positives And Unmet Expectations

Opportunity India Desk Feb 01, 2024 - 6 min read

In response to the recently presented Interim Union Budget for the fiscal year 2024-25, industry experts from various sectors have shared their perspectives on the government's financial proposals. While some have lauded certain aspects, others have expressed concerns about unmet expectations. Real Estate Sector The Interim Budget for 2024 ...

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Union Budget 2024: Finance Minister Sitharaman Outlines Decade Of Transformation

Opportunity India Desk Feb 01, 2024 - 4 min read

In a comprehensive overview of the last 10 years, Finance Minister Nirmala Sitharaman presented a Union Budget for 2024 that highlighted the country's economic transformation. The interim budget speech outlined key achievements and initiatives that have shaped the nation's development trajectory. Economic Landscape In 2014 A backdrop of enormous ...

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ControlZ Partners With Over 10 Institutions For Easy Financing Solutions

Opportunity India Desk Dec 08, 2022 - 2 min read

In order to create new and unique experience for its consumers and smoothening the financing process, ControlZ, a smartphone renew specialist brand has announced its partnership with India’s premier financial institutions. The company has partnered with a set of India’s most prestigious financial institutions, including HDFC, ICICI, Axis, Citi Bank, American Express, Bank of Baroda, ...

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Zoomcar Announces Appointment Of Naveen Gupta As Country Head For India

Opportunity India Desk Dec 06, 2022 - 1 min read

Zoomcar, the leading marketplace for car sharing in emerging markets has announced the appointment of Naveen Gupta as their Vice President and Country Head for India. In his new role, Naveen will be responsible for all aspects of growth, operations, and customer experience for the company in India. Naveen comes with over 11 years of ...

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InvestoXpert Plans To Hire Over 350 Employees Across Its Offices By FY 2023

Opportunity India Desk Sep 27, 2022 - 2 min read

InvestoXpert, a fast-growing real estate advisory company, has recently announced its plan to expand its team by hiring over 350 employees across its offices in Noida, Gurugram, Pune, Mumbai, and Bangalore by FY 2023. The company is currently carrying out its hiring drive by inviting applications for its Sales, Finance, and Customer Relationship Management (CRM) ...

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