SmallBusinessNews

Irrevocable Letter of Credit (LC): The Safest Payment Method in Export Business

When it comes to securing payments in international trade, the Irrevocable Letter of Credit (LC) is the most sought-after and reliable financial…

3 weeks ago

Why a Letter of Credit (L/C) is the Backbone of Safe Export-Import Trade — And how I learned to reject bad letter of credit from a suspecious fraudster.

When you're in the business of export and import, every deal is a leap of faith. You're trusting a stranger…

4 weeks ago

Second Loan for Upgradation of PMEGP/MUDRA Units: Unlock New Growth for Your Business

Many small business owners in India are unaware that they can apply for a second loan under the PMEGP or…

4 weeks ago

How I Launched My Tea Brand Without Cylinder Costs Using Printed Pouches

Launching a tea or masala brand sounds exciting—until you face the first big hurdle: packaging.Like many first-time entrepreneurs, I found…

1 month ago

The Importance of Packing Pellets in Export Packaging: Types, Costs, and Compliance

Export packaging requires durability, shock absorption, and compliance with international standards to ensure goods arrive safely. Among the most effective…

1 month ago

Ministry of micro Small and Medium Enterprises : Backbone of India’s Economic Growth.

The Ministry of micro Small and Medium Enterprises is one of the most vital departments of the Government of India,…

1 month ago

ECGC SMILE Online Portal: Unlocking Digital Power for Exporters

The Export Credit and Guarantee Corporation (ECGC) of India has launched a game-changing initiative – the ECGC SMILE Online Portal.…

1 month ago

ET MSME Awards 2025: A Golden Opportunity for India’s MSMEs

The Indian economy thrives on the strength of its Micro, Small, and Medium Enterprises (MSMEs). In recognition of their contribution,…

1 month ago

Why You Should Never Max Out Your Credit Card Limit: My Experience with SBI and ICICI Credit Cards

Credit cards can be powerful financial tools when used responsibly. Whether you're using SBI credit cards, Axis Bank credit cards,…

1 month ago

The Vital Role of Export Credit Agencies in Boosting Export Finance: A Case from Northeast India

in the ever-evolving world of international trade, Export Credit Agencies (ECAs) play a crucial role in providing the necessary financial…

1 month ago