When I started exporting Assam tea, I made the same mistake that many first-time exporters make. I believed that finding buyers was the biggest challenge in exporting. So, I spent weeks searching Google, emailing companies, and collecting business directories. Some efforts worked, but many didn’t. Later, I realised I had skipped the most important step—competitor […]
Every year, as 31 July approaches, millions of Indians rush to file their Income Tax Returns (ITR). Social media, WhatsApp messages, and news headlines often create the impression that everyone must complete their ITR filing before this date. However, that is not entirely true in 2026. Depending on your taxpayer category and the latest provisions,
Artificial Intelligence Is No Longer Just for Big Companies Artificial Intelligence (AI) has rapidly moved from being an experimental technology to becoming a practical business tool. Today, even small businesses and startups can use AI to automate routine tasks, create marketing content, improve customer communication, and save valuable time. Recognizing this shift, Ofis Square, in
Updated: August 30, 2026 | Originally published: july2026 ECLGS 5.0 has become a major MSME credit story just months after its launch. The government approved the scheme in May 2026 with a ₹2.55 lakh crore target for additional credit, and by July 7, 4,11,497 guarantees worth ₹1,55,229 crore had already been issued. MSMEs accounted for
ECLGS 5.0 ₹2.55 Lakh Crore Limit reportedly Exhausted: What MSMEs Should Do Now Read More »
DGFT Bans Imports of Goods Produced Using Forced Labour DGFT Notification No. 23/2026-27Date: 13 July 2026Subject: Prohibition on Import of Goods Produced Using Forced Labour – Insertion of Para 2.20B and Para 11.64 in the Foreign Trade Policy (FTP) 2023. The Directorate General of Foreign Trade (DGFT) has amended India’s Foreign Trade Policy (FTP) to
If you’re planning to start an export business, one question will almost certainly come up during your first buyer negotiation: “Can you quote FOB or CIF?” Many first-time exporters panic at this stage. They know FOB and CIF are shipping terms, but they don’t fully understand: When I exported my first shipment of Assam Black
FOB vs CIF: Which Is Better for Exporters and Importers? (A Practical Guide 2026) Read More »
The West Asia Crisis Is a Wake-Up Call for Every Indian Exporter If you are an exporter or planning to start an export business, the ongoing West Asia crisis is something you cannot ignore. Whenever geopolitical tensions rise in an important trading region, the impact is felt across the world. Shipping routes become uncertain, freight
West Asia Crisis: 7 Smart Strategies Every Indian Exporter Should Follow in 2026 Read More »
Every year on 24 July, people across India celebrate the birthday of Azim Premji, one of the country’s most respected business leaders and philanthropists. While many know him as the visionary behind Wipro’s transformation into a global IT company, his commitment to giving back to society has made him equally admired around the world. For
Azim Premji and Philanthropy: 10 Inspiring Quotes Every Business Owner Should Read Today Read More »
Every Imported Product Is a Future Manufacturing Opportunity Walk into any wholesale market in India—whether it’s Sadar Bazaar in Delhi, Lamington Road in Mumbai, or Burrabazar in Kolkata—and you’ll find thousands of products labelled “Made in China.” From LED lights and mobile accessories to packaging materials, industrial tools, plastic products, and machinery parts, Chinese products
India’s launch of the world’s longest hydrogen-powered train is more than a railway achievement—it signals the beginning of Green Hydrogen Business Opportunities for India’s MSMEs, startups, manufacturers, service providers, and entrepreneurs. Whenever a new industry emerges, thousands of small businesses become part of its supply chain. The rapid growth of electric vehicles created opportunities for
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