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Economy

Inflation down; interest rates may fall as well

Inflation down; interest rates may fall as…

New Delhi, Mar 14 (KNN) Inflation based on wholesale price index (WPI) eased to a nine month low to 4.68 per cent for February 2014, declining…
Bank of Baroda to empanel agency to obtain credit opinion reports

Bank of Baroda to empanel agency to…

Mumbai, Mar 14 (KNN)  In a move which can make obtaining loans more difficult, the Bank of Baroda is planning to shape up its credit intelligence gathering…
RBI hikes trade transaction limit from Rs 2 lakh to Rs 5 lakh with immediate effect

RBI hikes trade transaction limit from Rs…

Mumbai, Mar 14 (KNN) The Reserve Bank of India (RBI) has hiked the trade related remittance limit from Rs 2 lakh to Rs 5 lakh per transaction with immediate…
Just one-third cos listed on BSE-SME got traded today

Just one-third cos listed on BSE-SME got…

Mumbai, Mar 13 (KNN) Just about one-third of the companies listed on the BSE-SME were traded today indicating a lukewarm interest of the investors on the alternative…
RBI gets tough on priority sector loan tag given to MFIs

RBI gets tough on priority sector loan…

Mumbai, Mar 13 (KNN) The Reserve Bank of India (RBI) has said that the  loans given by banks to microfinance institutions (MFIs) can get the “priority…
CPI Inflation down in Feb but high prices affect wage workers

CPI Inflation down in Feb but high…

New Delhi, Mar 13 (KNN) Although the headline CPI Inflation (combined) for February 2014 eased to a 25-month low level at 8.10 per cent (y-o-y),…
SEBI asks stock exchanges for half-yearly audits & inspections in compliance of new norms

SEBI asks stock exchanges for half-yearly audits…

Mumbai, Mar 13 (KNN) The Securities and Exchange Board of India (SEBI) has tightened norms to prevent money laundering through the capital market and has asked…
Hardly any growth in industrial output for Jan; retail inflation tad lower in Feb

Hardly any growth in industrial output for…

New Delhi, March 12 (KNN) India’s industrial production just about reversed the trend in January,2014  turning from a negative trend in December,2013 but a…
Further increase in rupee value will dent India's exports: EEPC

Further increase in rupee value will dent…

New Delhi, Mar 12 (KNN) Any more increase in rupee value against the US and other hard major currencies will further dent India’s exports which…
Non-govt, non-financial larger public ltd companies post declining profit margins

Non-govt, non-financial larger public ltd companies post…

New Delhi, Mar 12 (KNN) As per RBI's latest data, larger public ltd companies, many of which have vendor development programme with the MSME sector, posted…