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Economy

RBI grants in-principle approval to 10 micro lenders for Small Finance Banks

RBI grants in-principle approval to 10 micro…

Mumbai, Sept 17 (KNN) The Reserve Bank of India (RBI) on Wednesday gave in-principle approval to 10 micro lenders to set up small banks to give loans primarily…
GST regime scheduled from April 1, 2016: V S Krishnan, GST, CBEC

GST regime scheduled from April 1, 2016:…

New Delhi, Sept 17 (KNN) The government has set April 1, 2016 as the roll out date for the indirect tax reform Goods and Services Tax (GST), which will include…
Govt Okays promulgation of Negotiable Instruments (Amendment) Ordinance-2015

Govt Okays promulgation of Negotiable Instruments (Amendment)…

New Delhi, Sept 16 (KNN)  The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for the proposal to promulgate the Negotiable…
Govt brings relief to Pvt Ltd companies on deposit Rules; FISME lauds move

Govt brings relief to Pvt Ltd companies…

New Delhi, Sept 16 (KNN) Bringing relief to the private limited companies, government on Tuesday issued a notification allowing acceptance of deposits by private…
NCFE to conduct financial literacy assessment test on Nov 28-29

NCFE to conduct financial literacy assessment test…

New Delhi, Sept 16 (KNN)  In an effort to ensure financial literacy and inclusion in the country in a collaborative manner, National Centre for Financial…
Disappointing exports call for immediate govt intervention: President, FIEO

Disappointing exports call for immediate govt intervention:…

New Delhi, Sept 16 (KNN)  Expressing his disappointment over August 2015 export data which exhibited over 20 per cent decline, President, Federation of…
Govt imposes 20% safeguard duty on steel imports with immediate effect

Govt imposes 20% safeguard duty on steel…

New Delhi, Sept 15 (KNN) Finance Minister Arun Jaitley on Monday announced government’s decision to impose 20 per cent safeguard duty on steel imports…
WPI inflation contracts to (-) 4.95% in August

WPI inflation contracts to (-) 4.95% in…

New Delhi, Sept 14 (KNN) The Wholesale Price Index (WPI) based inflation contracted to (-) 4.95 per cent in August for the tenth straight month, against negative…
BSE SME plunges 1.64 per cent on Monday

BSE SME plunges 1.64 per cent on…

Mumbai, Sept 14 (KNN) BSE SME was trading 1.64 per cent down today with double the number of losers than gainers.

The market capitalization of…
Import of pulses to be expedited; States asked to arrange distribution through their retail outlets

Import of pulses to be expedited; States…

New Delhi, Sept 11 (KNN) The Government has asked the MMTC to expedite import of pulses to ease its availability and requested the State Governments to gear…