AGP Executive Report
Last update: 12 hours agoGST Relief: From Nov. 1, eligible small online sellers can use e-commerce warehouses as their registered base in states where they lack a physical office. Faster refunds are also planned, with the changes potentially helping 9.5 lakh sellers reach customers nationwide. Startup Funding: Seven rounds raised about $42.8 million this week, led by AI and tech firms Live2.ai, Matiks and Cent; the total includes debt and secondary share sales, not just new equity. Small-Business Credit: J&K Bank won a CGTMSE award for the highest number of credit guarantees in Jammu and Kashmir and Ladakh, highlighting wider access to collateral-free loans. China Outlook: Manufacturing PMI fell to 49.3 in October, with small firms’ reading at 47.5, pointing to tougher conditions for smaller manufacturers. Export Push: Pakistan’s SMEDA and Alibaba plan to train 10,000 SMEs for global sales, while a separate scheme offers eligible firms grants of up to Rs150,000 to join the platform. Cambodian food businesses are also getting guidance on standards and market readiness for exports.
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