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Economy

FIEO cautions exporters to guard themselves against excessive volatility

FIEO cautions exporters to guard themselves against…

New Delhi, Aug 17 (KNN) Exporters’ body FIEO has cautioned the exporters to guard themselves against excessive volatility and hedge their currency risk…
Andhra Bank plans 3 new branches in rural areas of Madhya Pradesh

Andhra Bank plans 3 new branches in…

Bhopal, Aug 14 (KNN) To cater to the needs of rural population with almost no access to banking facilities, Andhra Bank has decided to open three new branches…
Rupee falls to 23-month low of 65/USD; China weaken Yuan for third day

Rupee falls to 23-month low of 65/USD;…

New Delhi, Aug 13 (KNN) Fallling for the seventh consecutive trading session, Rupee depreciated 33 paise against the US dollar in trade on Thursday declining…
Pay IT dues in advance at RBI or at authorised bank branches

Pay IT dues in advance at RBI…

Mumbai, Aug 13 (KNN) The Reserve Bank of India has appealed the income tax assessees to remit their income tax dues sufficiently in advance of the due date.
Share of manufacturing sector in GDP was 17.2 in 2014-15

Share of manufacturing sector in GDP was…

New Delhi, Aug 13 (KNN) The share of manufacturing Gross Value Added (GVA) in total GVA per cent at current prices in the year 2014-15 was 17.2, while in the…
Soft loan to sugar mills to facilitate payment of cane dues of farmers for the current sugar season 2014-15

Soft loan to sugar mills to facilitate…

New Delhi, Aug 12 (KNN) To further infuse liquidity into the sugar industry and facilitate clearing of cane dues arrears, the Cabinet Committee on Economic…
Indirect Tax Collection growth indicates growth in Economy: Chief Economic Advisor

Indirect Tax Collection growth indicates growth in…

New Delhi, Aug 12 (KNN) The Chief Economic Adviser Arvind Subramanian said that increase registered in Indirect Tax Collections during the first four months…
34,281 cases relating to Direct Taxes involving Rs 37,683.98 cr pending in High Courts up to March 31, 2015

34,281 cases relating to Direct Taxes involving…

New Delhi, Aug 12 (KNN) As many as 34,281 cases relating to Direct Taxes  involving Rs 37,683.98 crore is pending in  the various High Courts up…
Devaluation of Chinese Currency rings warning bells amongst Indian MSMEs

Devaluation of Chinese Currency rings warning bells…

New Delhi, Aug 11 (KNN) China, which tightly controls the value of its currency by setting a daily rate for Yuan versus US Dollars, on Tuesday devalued its…
Govt planning to create domestic Venture Capital industry to fund social sector: Jayant Sinha

Govt planning to create domestic Venture Capital…

New Delhi, August 10 (KNN) The government is planning to create a domestic Venture Capital (VC) industry that will help fund social sector initiatives of sustainable…