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Economy

RBI modifies list of wilful defaulters; excludes non-promoter directors

RBI modifies list of wilful defaulters; excludes…

Mumbai, Jan 8 (KNN)  Reserve Bank of India has asked banks to exclude non-promoter/non-whole time directors from the list of wilful defaulters through…
RBI asks co-op banks to set up special committee to check large value frauds

RBI asks co-op banks to set up…

Mumbai, Jan 8 (KNN)  The Reserve Bank of India has asked all urban cooperative banks to constitute a special committee to monitor and follow up cases…
Industry body calls for non-adversarial tax regime; reduction in interest rates to support MSMEs

Industry body calls for non-adversarial tax regime;…

New Delhi, Jan 6 (KNN)  An industry body has today urged the Finance Minister, Arun Jaitley, to make earnest efforts to move away from the aggressive…
Amsons Apparels Limited gets listed on BSE SME

Amsons Apparels Limited gets listed on BSE…

Mumbai, Jan 6 (KNN)  Delhi based Amsons Apparels Limited is the 83rd firm to be listed on the BSE SME platform.

Incorporated in…
PM launches Scheme for LED bulb distribution under efficient lighting programme

PM launches Scheme for LED bulb distribution…

New Delhi, Jan 5 (KNN)  Prime Minister Narendra Modi today described the LED bulb as a ‘Prakash Path’ translated way to light, as he launched…
IFRS compliant Indian Accounting Standards by 2016; MSMEs spared

IFRS compliant Indian Accounting Standards by 2016;…

New Delhi, Jan 3 (KNN) The Ministry of Corporate Affairs on Friday established a road map for companies to implement a new Indian Accounting Standards (Ind…
RBI asks authorised entities to display company name in products

RBI asks authorised entities to display company…

Mumbai, Jan 3 (KNN)  Reserve Bank of India has directed all authorised entities such as payment firms to display company name prominently in their promotional…
Deadline for licensing applications from Small Finance Banks & Payments Banks extended

Deadline for licensing applications from Small Finance…

Mumbai, Jan 2 (KNN)  Having received several requests seeking extension of time for submission of applications for Small Finance Banks and Payment Banks,…
Bankers' retreat to focus on reforms in financial sector begins

Bankers' retreat to focus on reforms in…

Pune, Jan 2 (KNN)   A two day retreat to take forward the government’s commitment to reforms in the financial sector, and to ensure that growth…
Excise duty on petrol & diesel up by Rs 2/litre effective today

Excise duty on petrol & diesel up…

New Delhi, Jan-2 (KNN)  To fund its infrastructure development programme, the government has increased basic excise duty on petrol and diesel - both branded…