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Economy

DGFT for reconstituting Board of Trade to boost India’s foreign trade

DGFT for reconstituting Board of Trade to…

New Delhi, Mar 26 (KNN) The Directorate General of Foreign Trade (DGFT) has decided to reconstitute the Board of Trade with an objective to have continuous…

9.36% duty on raw cashew import will hit labour, SMEs and exporters: Industry

9.36% duty on raw cashew import will…

Mangalore, Mar 25 (KNN) The labour intensive cashew industry is upset over the government's proposal in the Budget for 2016-17 to impose five percent…

Mysore MSMEs hail budget proposal to allot land and sheds to SC/ST entrepreneurs at 50% rate

Mysore MSMEs hail budget proposal to allot…

Mysuru, Mar 24 (KNN) The Karnataka Government, in its state budget for the year 2016-17, has announced to allot land and sheds to SC/ST entrepreneurs by…

MSME Ministry seeks comments on draft revised guidelines of Performance in Credit Rating Scheme

MSME Ministry seeks comments on draft revised…

New Delhi, Mar 23 (KNN) The Ministry of MSME has sought comments from all stakeholder by April 5 on the recommendations of the Committee set up by the Ministry…

RBI instructs Banks to put Revival Framework for Special Mention MSME Accounts in place by June 30, 2016

RBI instructs Banks to put Revival Framework…

Mumbai, Mar 21 (KNN) The Reserve Bank of India (RBI) has issued the Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)…

Jewellery traders back to business after 18 days strike and Rs 18,000 cr loss

Jewellery traders back to business after 18…

New Delhi, Mar 21 (KNN) Bullion and gold jewellery markets across India opened today after the 18-day strike of traders was called off. The strike incurred…

Govt comes with more clarification on 1% excise imposed on jewelers

Govt comes with more clarification on 1%…

New Delhi, Mar 19 (KNN) The Ministry of Finance has come up with a further clarification on 1% excise duty for addressing the concerns of the contract workers.…

RBI revises guidelines for Revival and Rehabilitation of MSMEs

RBI revises guidelines for Revival and Rehabilitation…

Mumbai, Mar 18 (KNN) The Reserve Bank of India (RBI) has come up with a revised guidelines for Revival and Rehabilitation of Micro, Small and Medium Enterprises…

'SIDBI-Start-up Mitra' would act as a one-stop solution to meet financing, other needs of start-ups: President

'SIDBI-Start-up Mitra' would act as a one-stop…

New Delhi, Mar 17 (KNN) President Pranab Mukherjee today launched the online platform 'SIDBI-Start-up Mitra' which would act as a one-stop solution…

Even with 'Make in India', Govt projects only 3% increase in employment in mfg sector

Even with 'Make in India', Govt projects…

New Delhi, Mar 15 (KNN) When Government is putting all efforts to upscale share of manufacturing in the GDP to 25%, according to another Government study,…