Budget discourages delaying payments to MSMEs, says FM Nirmala Sitharaman https://ift.tt/sndwGrZ to the finance ministry's constant nudge, government departments have mostly cleared their dues to MSMEs within the usual 45 days, or at best within 90 days. However, the minister indicated that many larger private sector firms are not clearing their dues on time, which prompted the government to resort to such a move.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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