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Economy

India needs Retail Trade Policy

India needs Retail Trade Policy

New Delhi, April 24 (KNN) While the Retail trade in India has reached an annual turnover of $560 billion, it is still governed under the Shop and Establishment…
RBI plans interoperability among bank business correspondents

RBI plans interoperability among bank business correspondents

Mumbai, Apr 22 (KNN) The Reserve Bank is likely to allow business correspondents of one bank to offer payment services to other lenders for better efficiency…
Roll out of GST from 1st April, 2016

Roll out of GST from 1st April,…

New Delhi, April 22 (KNN) Finance Minister Arun Jaitley today said that he is optimistic about introduction of GST, which will create a nationwide unified…
Three States ask for Rs. 10000 Crore as Relief to crop damage

Three States ask for Rs. 10000 Crore…

New Delhi, April 21 (KNN) Uttar Pradesh, Maharashtra and Haryana have sought a total of over Rs 10,100 crore from the National Disaster Response Fund to provide…
Export from India decline by 21% in March

Export from India decline by 21% in…

New Delhi, April 20 (KNN) Exports from India declined by 21.1 per cent to USD 23.9 billion in March 2015 as compared to the same month a year ago. However,…
PM seeks strong Germany-India relation for economic development

PM seeks strong Germany-India relation for economic…

Hannover, Apr 13 (KNN) Emphasising that Germany is a valued partner, Prime Minister Narendra Modi sought the German partnerships of trade, investment and innovation…
RBI proposes tough outsourcing guidelines for NBFCs

RBI proposes tough outsourcing guidelines for NBFCs

Mumbai, April 11 (KNN) Proposing tough guidelines for outsourcing of work by Non Banking Finance Companies (NBFCs), Reserve Bank of India (RBI) said NBFCs…
 MUDRA Bank launched; to target 50,000 to 10 lac loan size

MUDRA Bank launched; to target 50,000 to…

New Delhi, 8 March (KNN) The Prime Minister Narendra Modi launched the Micro Units Development & Refinance Agency Ltd (MUDRA) to cater to the financial…
Finally, Banks lower the interest rates

Finally, Banks lower the interest rates

New Delhi, April 8 (KNN) On Tuesday, three top banks (SBI, ICICI Bank and HDFC Bank) finally yielded to the persuasion and lowered rates a tad (15 to 25 basis…
No sop for e-commerce in Union Budget

No sop for e-commerce in Union Budget

New Delhi, April 7 (KNN) The burgeoning e-commerce sector of India which is showing a near 34% growth rate, has got no incentive in the Budget for 2015-16.