The issue was discussed during a meeting between Commerce and Industry Minister Suresh Prabhu and senior Exim Bank officials.

Talking about the future of bicycles in India, he said cycling was the need of hour and Indian courts too had emphasized their use.

The formal announcement of the Spirit of Manufacturing awards was first made on October, 2013. There were over 170 applications received for its first season held in July 2014.

GST has been a difficult transition for many taxpayers, especially micro, small and medium enterprises with complex compliance norms and technology challenges.

There's talk that the country has lost track and is headed in a direction not envisaged by those who fought for our independence from colonial rule. Those growing up today are faced with the unnerving challenge to thrive against all future obstacles -- increasing population, decreasing jobs and unmatched inflation -- that, they are told, awaits them. Yet we are doing fine.

As per experts, cases of nearly 300 small and medium companies have been admitted by the National Company Law Tribunal and their resolution process has been started.

Prakash Kumar, CEO, GSTN says apart from full scale automation, the IT system will be redesigned for simplicity and ease of use

Minister of Commerce and Industry, Suresh Prabhu, also underlined at the event the essence of SMEs and called them crucial in sustaining economic development.

A number of PSUs cutting across sectors and including thetoptierones like BHEL, Indraprastha GasLtdand SAIL have introduced such a clause for their vendors.

The CBEC had last month started refunds for exporters of goods who have paid Integrated GST (IGST) and have claimed refund based on shipping bill by filling up Table 6A.

On November 28-30 in Hyderabad, India and the US will jointly host the Global Entrepreneurship Summit. This is the eighth annual summit which was the brainchild of former US President Barack Obama. It has been held in other locations such as Istanbul, Dubai and Silicon Valley. The theme for this year's Summit is "Women First, Prosperity for All".

Thousands of Indian sellers have shipped bedding, jewelry, kitchenware and clothing to Amazon warehouses to serve bargain-hunting Americans.

PS Jayakumar, Managing Director & CEO, Bank of Baroda says, "With this latest state-of-art digitised SCF product, we are now live with few large corporates and many more in pipeline."

Gyan Prakash Agarwal, Secretary General, WASME, says, "With new taxation system, cost of product and service are bound to come down."

This rule, which limits defaulting owners ability to buy back assets, is not retrospective.

The decline in exports combined with the slowing of Indias $2.3 trillion economy contrasts with the accelerating global economy.

This may lead to more liquidation as external investors in general are not very keen to bid for smaller firms which typically lack corporate governance and internal controls.

Ahmedabad-based Havmor has a significant parlour network across 14 states in India. It makes 150 kinds of products from two plants and sells via 30,000 dealers.

Facebook said that they will provide digital skills and training for people in need of work, advise entrepreneurs how to get started and help existing businesses and non-profits get the most out of the internet.

Conservative estimates peg MSME contribution at over 10 percent of Indias output, 40 percent of exports and 111 million workers.