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Economy

Exports decline in April - straight fall for the fifth month

Exports decline in April - straight fall…

New Delhi, May 16 (KNN) All major exporting sectors of India including petroleum products, gems and jewellery and man-made yarn and fabrics, reported negative…
No change in FDI in e-commerce policy for now

No change in FDI in e-commerce policy…

New Delhi, May 14 (KNN) Putting the concerns of millions of traders and MSMEs at rest,  Commerce and Industry Minister Nirmala Sitharaman categorically…
WPI inflation for mfg products down by 0.1%

WPI inflation for mfg products down by…

New Delhi, May 14 (KNN) The Wholesale Price Index for ‘All Commodities’ for the month of April, 2015 declined by 0.1 per cent to 176.0 from 176.1…
Govt is helpless in dealing with tax deductors who default in depositing TDS: Chief IT Commissioner

Govt is helpless in dealing with tax…

New Delhi, May 13 (KNN) The government is working towards fixing the problems of delay in tax refunds being faced by many taxpayers which turn into grievances,…
April retail inflation softens to 4.87% but March factory output slowed to 2.1%

April retail inflation softens to 4.87% but…

New Delhi, May 13 (KNN) Retail inflation as measured by Consumer Price Index (CPI) for the month of April softened to a four-month low of 4.87 per cent in…
Cabinet approves proposal to amend law to regulate benami transactions

Cabinet approves proposal to amend law to…

New Delhi, May 13 (KNN) In order to curb generation of domestic black money, the Union Cabinet on Wednesday approved the proposal to amend law to regulate…
17/74 projects with amounts involving Rs 54,056 cr turned NPAs during 2014-15

17/74 projects with amounts involving Rs 54,056…

New Delhi, May 12 (KNN) A total of 17 projects out of 74, with amounts involving Rs 54,056.75 crore, have turned non-performing assets (NPAs) during 2014-15,…
RBI asks banks to appoint Internal Ombudsman to improve customer service

RBI asks banks to appoint Internal Ombudsman…

Mumbai, May 12 (KNN) The Reserve Bank of India (RBI) has asked the leading banks to appoint internal ombudsman to improve the quality of customer service and…
Fresh notices, MAT assessments put on hold for FIIs

Fresh notices, MAT assessments put on hold…

New Delhi, May 12 (KNN) The Central Board of Direct Taxes (CBDT) has said it will not issue any new demands for payments, and will take no coercive action…
Bandhan raises Rs 1,020 crore from GIC, SIDBI, IFC; awaits final licence from RBI

Bandhan raises Rs 1,020 crore from GIC,…

New Delhi, May 11 (KNN) Micro finance institution (MFI) Bandhan has received Rs 1,020 crore as equity from IFC, SIDBI and GIC Sovereign Fund of Singapore.