The novel Coronavirus has left the Indian economy shattered with a large number of small businesses struggling for survival. It might take a good time for companies to get back to the pre-Coronavirus times and levels of activity. Even getting close to those levels might be challenging, considering the present situation in India. But, it …
Read MoreCOVID-19, the pandemic that has brought the entire world to its knees, is still striking, and it’s striking hard. Leaders across the industry for retail are quite certain of the fact that the longer this pandemic goes on, the greater impact and more challenges it will pose of retail businesses of all sizes, and especially …
Read MoreGiving insights into the economic plan which comes as an integral part of the Atma Nirbhar Bharat Abhiyaan, Nirmala Sitharaman, the Finance Minister of India, announced major revisions in the definition of MSME or Micro Small and Medium Enterprises. The announcement was made on Wednesday, May 13th, and what came as a complete upside-down case …
Read MoreThe Coronavirus pandemic has struck hard. It has forced some of the most powerful countries to contain their population in their homes, and the same goes for India. With such huge pressures on people, the administrators, and the governments across the nation, it is quite likely for the small businesses to suffer a big blow. …
Read MoreWith the stock markets dropping and the COVID-19 cases heaving, small business owners are scrambling to find out the ways that can help them in dealing with disruptions. The pandemic is constantly spreading and affecting the world. Small businesses in India are fighting this double battle of managing operations and misinformation at the same time. …
Read MoreThe entire world has become the victim of another pandemic- COVID-19. It has led to a very stressful situation. The pandemic is hugely impacting businesses across the country, and livelihoods of all associated are in great jeopardy. Approximately 62% of business owners who took part in an online survey stated that their businesses have full …
Read MoreRunning a business definitely requires a lot of effort, hard work, and strategy that ensures your business can thrive or at least float through unforeseen circumstances. However, many a time it becomes difficult to prepare for every unprecedented event or situation, and recent times have shown us just how much. In the wake of COVID-19, …
Read MoreMany individuals like to have small businesses of their own instead of working for others. It helps them in being their masters as they have complete control over the products they sell; on the people they hire and on the way they conduct business. But all this does not give them the power to do …
Read MoreA recent survey carried out by the Federal Reserve Bank shows the credit environment, business condition, and insurance coverage of small and medium businesses. Of all the affected businesses, the survey put forward that only 4% has not faced any revenue losses, while 61% of companies suffered significant losses. The reality is that majority of …
Read MoreThe unprecedented apocalypse type of situation that has triggered fears of economic depression has also forced the government to allow extreme fiscal measures. The COVID 19 outbreak has prompted the Reserve Bank of India to announce a moratorium on Term loans for three months from March 1st 2020 till May 31st 2020. The banks have been scrambling …
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