service sector

Over 11 lakh MSMEs registered on Udyam online system since July: Govt

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Over 11 lakh MSMEs registered on Udyam online system since July: Govt

Over 11 lakh MSMEs have registered on the new online system of Udyam Registration launched in July, the government said on Saturday. Out of these, 3.72 lakh enterprises have registered under manufacturing category whereas 6.31 lakh enterprises under service sector. The share of micro enterprises is 93.17 per cent whereas small and medium enterprises are … Read more

Indian economy expected to contract by around 25 per cent in the first quarter of FY’21: Report

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Indian economy expected to contract by around 25 per cent in the first quarter of FY’21: Report

MUMBAI: The economy is expected to contract by 25 per cent each in the first quarter of FY’21 both in terms of GDP ( gross domestic product) as well GVA (gross value added) according to ratings firm Icra. Despite a 40 per cent drop in manufacturing and minimal activity in the service sector, the higher … Read more