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Economy

8-10% growth rate can only be sustained if domestic market invests in the country: Expert

8-10% growth rate can only be sustained…

New Delhi, June 2 (KNN) India needs to capture some of the world markets if it has to sustain an 8-10 per cent growth rate over the next 20-25 years, Arvind…

Bank credit to MSMEs decline by -2.5% during March-Apr, 2016

Bank credit to MSMEs decline by -2.5%…

Mumbai, June 1 (KNN) The sectoral deployment of bank credit by the banks to the Micro, Small and Medium Enterprises (MSME) sector has come down by -2.5…

Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from June 1, 2016

Direct Tax Dispute Resolution Scheme 2016 &…

New Delhi, May 31 (KNN) The Direct Tax Dispute Resolution Scheme, 2016 incorporated as Chapter X of the Finance Act, 2016, shall come into force on the…

The implementation part of Insolvency and Bankruptcy Code, 2016 is important: Expert

The implementation part of Insolvency and Bankruptcy…

New Delhi, May 30 (KNN) The Insolvency and Bankruptcy Code, 2016 has got the nod from the President and is now ready to become a law. As per the law, Insolvency…

We are not in favour of any company selling used phones in the country: Nirmala Sitharaman

We are not in favour of any…

New Delhi, May 30 (KNN) With the Finance Ministry rejecting waiver of mandatory local sourcing for Apple, the Commerce Ministry today said it will again…

India’s quantity of exports has not gone down: Sitharaman

India’s quantity of exports has not gone…

New Delhi, May 30 (KNN) Minister of State for Industry & Commerce Nirmala Sitharaman today said that quantity of exports has not gone down in but due…

RBI asks banks to upgrade ATMs by Sept 30, 2017

RBI asks banks to upgrade ATMs by…

Mumbai, May 27 (KNN) The Reserve Bank of India (RBI) has asked the banks in India and the White Label ATM operators to ensure that all the existing ATMs…

RBI Governor calls for greater cooperation among the SAARC countries with rising global uncertainties

RBI Governor calls for greater cooperation among…

Mumbai, May 27 (KNN) Addressing the two-day SAARCFINANCE Governors’ Symposium on “Impact of Chinese Slowdown on SAARC Region and Policy Options”,…

SIDBI’s net profit declines by 17% in FY’16

SIDBI’s net profit declines by 17% in…

Mumbai, May 27 (KNN) State-owned Small Industries Development Bank of India (SIDBI) has reported a 17 per cent decline in net profit for fiscal ended March…

ICICI Bank now has Pay Positive feature for sending cheque image for faster clearance

ICICI Bank now has Pay Positive feature…

New Delhi, May 26 (KNN) To enable faster processing of the cheques as well as reduce fraud risk, ICICI Bank has introduced a ‘Positive Pay’…