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SME Times
How to bridge India's tech-induced skill gap
The world stands on the brink of the Fourth Industrial Revolution, powered by a wide range of new technology breakthroughs -- Artificial Intelligence, Machine Learning, advanced robotics, Internet of Things, cloud computing and 3D printing -- and the revolution is expected to result in major changes in the labour market globally by reducing the demand for middle-skilled workers doing repetitive tasks, and increasing the demand for more highly-skilled workers and also low-skilled workers doing non-routine work.
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SME Times
India and the World: Are we moving with the global social progress?
The conversations on development have finally moved beyond the barriers of GDP and entered the arena that caters to the needs of the citizens of the nation.
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SME Times
India-Russia trade at a mere 10% of potential
India and Russia have been strong trading partners but the total trade between them in the five years till 2015-16 remained stagnant at $6 billion. In 2016-17, the trade stood at $7.5 billion -- an increase of 22 per cent over the previous year.
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SME Times
AI start-ups blossom in India, need big dollars to grow
A decade ago, Artificial Intelligence (AI) was unknown to many of us mortals. Lately, however, AI and related buzzwords like Machine Learning (ML) or Big Data Analytics are more visible -- staring at us from clumsy signage boards hanging at the entrance of private IT training institutes.
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SME Times
Connectivity, trade bigger priorities for Bimstec than counter-terrorism
Though combating terrorism finds mention in the joint declaration issued following the conclusion of the Bimstec Summit in Kathmandu, the fact of the matter is that connectivity, trade, people-to-people ties and cultural linkages are the larger priorities of the seven-nation regional bloc that is now growing in prominence.
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SME Times
State of Indian economy: Is it time to go bearish?
Less than a year to the general election is a tricky time for setting a stable economic narrative. The government will glorify its achievements. The opposition will skew comparisons against its own track record, preferring to affirm how things used to be "much better".
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SME Times
Essentials before taking cash advance on your business credit card
Several businesses turn to Purchase Order Financing for business funding because, unlike banks, this financing model mostly assesses the financial strength of the company that has placed an order with a business, instead of the business itself.
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SME Times
Why choose SME loan over equity financing?
Every small enterprise needs business funding at some point or the other. Now, to raise this money, most business owners need to make a tough choice: between taking an SME loan and selling ownership interests to equity investors.
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SME Times
Exports of jute products to rise despite concerns over quality
Exports of jute products are expected to grow over 10 per cent to cross the Rs 600 crore mark in the current financial year, said National Jute Board (NJB) Joint Director Susant Pal.
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SME Times
Why TRAI chairman's Aadhaar challenge is a case of 'misplaced enthusiasm'
Telecom Regulatory Authority of India (TRAI) Chairman R.S. Sharmas open Aadhaar challenge to critics and hackers is nothing but a case of "misplaced enthusiasm" which dilutes the debate on securing the Aadhaar eco-system, emphasise cyber law experts.
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SME Times
Submitting documents in government offices still a headache
The Narendra Modi-led National Democratic Alliance (NDA) government is about to complete its term and has brought about several changes in the area of documentation. But there are still several loopholes which need to be worked upon. In 2014, the government repealed the requirement of providing attested documents for birth certificates, marksheets and other certificates.
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SME Times
Is the government in a pre-election haste to revamp green laws?
It is the final leg of the current Indian governments tenure, which began in 2014. As the general elections loom, the Prime Minister Narendra Modi-led government has gone into hyperactive mode over the past year
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SME Times
The Modi economy: Mostly sunny, with a few clouds
On Sunday, January 7, the New York Times ran a front page story titled "Rising Anxiety in India is Piercing Modi's Aura of Invincibility". The article discussed the decline in GDP, consumption and consumer confidence and its impact on India and Indians.
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SME Times
SMEs settling down after initial teething problems (GST completes a year on June 30)
After the "initial bumpy ride", micro, small and medium enterprises (MSMEs), which had faced problems with GST compliance and cash flows, are gradually settling down with the new indirect tax regime, stakeholders say.
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SME Times
To what end are PSBs continuing to finance coal-fired power?
The government's announcement to soon tender out 100 GW of solar power in one go is somewhat an ambitious step towards transition to clean energy, compared to the previous largest tender of 10 GW -- which is likely to be opened in July.
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SME Times
Modi's strategic vision: Gap between aspiration and reality
Global disorder appears to be the leitmotif of mid-2018, with the US and China embarking upon a trade-tariff war and the US-led Western alliance in considerable turmoil over the unseemly outcome of the just-concluded G-7 summit in Canada.
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SME Times
SME India: Measure the success of your business beyond money
An entrepreneur's journey is full of doubts, assumptions and questions. How do I know if Im on the right path? How can I tell if its working? How do I know if my business is successful? Yes, you are not alone; these are some of the most common doubts of all entrepreneurs alike.
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SME Times
The planet's pernicious plastic plague peril
Thanks to the wonders of modern industrial technology we are now producing 20 times as much plastic as we were doing in 1964. If the current trend continues, output will double in 20 years and double again by 2050.
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SME Times
8 reasons why credit cards make small business financing simpler
Credit cards are the key to a healthy business. Apart from being good for emergencies and fraud protection, they are undoubtedly a convenient source of capital for small business financing and vital in building up a good credit score.
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SME Times
'Benefits will outweigh costs of extended trading in equity derivatives'
Even as the equity brokers are trying to figure out a way to cope with the longer trading hours on equity derivatives, many feel the benefit of "real-time" alignment with global markets would outweigh infrastructure challenges.
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