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Economy

Axis Bank cuts base rate by 0.35% to 9.50%

Axis Bank cuts base rate by 0.35%…

Mumbai, Sept 30 (KNN) Country’s third largest public sector lender, Axis Bank, today cut its base rate or the minimum rate of lending by 0.35 per cent…
BSE SME ends 4.21% down; four more firms file their DRPH documents

BSE SME ends 4.21% down; four more…

Mumbai, Sept 30 (KNN) Unlike the main bourse BSE which ended 1.46 per cent higher, the BSE SME plunged 4.21 per cent due to low investors sentiments.
'New ECB norms will liberalize foreign currency borrowing by the small and medium enterprises'

'New ECB norms will liberalize foreign currency…

Mumbai, Sept 30 (KNN) The MSME sector is optimistic that the Reserve Bank of India’s move to allow India Inc to issue rupee-denominated bonds overseas…
Govt cuts down natural gas price by 16% to USD 4.24 per unit

Govt cuts down natural gas price by…

New Delhi, Sept 30 (KNN) In a move that would benefit the domestic industry by cutting down its cost of production, the government today slashed natural gas…
BSE SME tumbles 0.02% in morning trade

BSE SME tumbles 0.02% in morning trade

Mumbai, Sept 30 (KNN) In the morning trade, BSE SME plunged 0.02 per cent with more losers than gainers.

Out of 103 companies listed with the…
SBI slashes base rate by 0.4% to 9.3%

SBI slashes base rate by 0.4% to…

New Delhi, Sept 29 (KNN) Taking the lead to cut the interest rates after reduction in repo rate by the Reserve Bank of India (RBI), country’s largest…
7 cos come out with first sale of shares; to join the BSE SME bandwagon soon

7 cos come out with first sale…

Mumbai, Sept 29 (KNN)  As many as seven small and medium companies will come out with their initial public offering over the course of this week and are…
Govt to review interest rate on small schemes: CEA

Govt to review interest rate on small…

New Delhi, Sept 29 (KNN) The government today said it will review the interest rates on small savings like PPF and Post Office deposits, to bring them in line…
Chidambaram welcomes RBI rate cut; says this was perhaps overdue

Chidambaram welcomes RBI rate cut; says this…

New Delhi, Sept 29 (KNN) Reserve Bank of India’s (RBI’s)  decision to aggressively cut the interest rates by 50 basis points has been welcomed…
RBI's rate cut will support the economy: Arun Jaitley

RBI's rate cut will support the economy:…

New Delhi, Sept 29 (KNN) Hailing the RBI’s decision to cut the interest rates by 50 basis points, Finance Minister Arun Jaitley said the move will help…