startups life partners in growth
When it comes to securing payments in international trade, the Irrevocable Letter of Credit (LC) is the most sought-after and reliable financial instrument. Also known as Irrevocable Documentary Credit or Irrevocable LC, it provides exporters with a high level of payment security, making it the preferred choice in global trade. In this blog post, we…
When you’re in the business of export and import, every deal is a leap of faith. You’re trusting a stranger thousands of miles away to keep their end of the bargain. One late payment or fake document can cause serious losses. That’s why seasoned traders rely on one powerful tool…
Many small business owners in India are unaware that they can apply for a second loan under the PMEGP or MUDRA scheme to upgrade their existing units. I was one of them—despite running a government-financed unit under MUDRA, I didn’t know this upgradation loan even existed until much later. This…
Launching a tea or masala brand sounds exciting—until you face the first big hurdle: packaging.Like many first-time entrepreneurs, I found myself stuck at the cylinder cost stage. To print each design on a pouch—whether it’s 50g, 100g, 250g, 500g or 1kg—you need to create a separate set of cylinders for…
Export packaging requires durability, shock absorption, and compliance with international standards to ensure goods arrive safely. Among the most effective cushioning solutions are packing pellets (also known as packing peanuts or loose fill). This blog explores their importance, types, costs, real-world consequences of improper use, and key international packaging standards (EU &…
The Ministry of micro Small and Medium Enterprises is one of the most vital departments of the Government of India, tasked with the development and promotion of micro, small, and medium-sized enterprises (MSMEs) across the country. It plays a crucial role in strengthening India’s industrial base, generating employment, and supporting…
The Export Credit and Guarantee Corporation (ECGC) of India has launched a game-changing initiative – the ECGC SMILE Online Portal. This portal is designed to simplify the process of accessing export credit insurance and related services, empowering exporters across India to manage their policies and claims seamlessly from a single…
The Indian economy thrives on the strength of its Micro, Small, and Medium Enterprises (MSMEs). In recognition of their contribution, ET MSME Awards 2025—an initiative by The Economic Times—returns this year to celebrate the innovation, resilience, and success of Indian MSMEs. What are the ET MSME Awards 2025? The ET…
Credit cards can be powerful financial tools when used responsibly. Whether you’re using SBI credit cards, Axis Bank credit cards, American Express credit cards, or ICICI credit cards, it’s crucial to understand the risks of maxing out your credit card limit. I learned this lesson the hard way:Understanding types of…
in the ever-evolving world of international trade, Export Credit Agencies (ECAs) play a crucial role in providing the necessary financial backbone to support exporters. Countries like the USA and India have leveraged their ECAs to ensure that businesses, especially small and medium enterprises (SMEs), can access export finance, minimize risks,…