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Economy

Cabinet clears new rail lines in Jharkhand, Rajasthan, K'taka; biz centres to benefit

Cabinet clears new rail lines in Jharkhand,…

New Delhi, Feb 13 (KNN) The Government has approved the construction of a new rail line between Pirpainti-Jasidih (Mohanpur) in Jharkhand at the cost of Rs…
Industry remains in distress; IIP down 0.6% in December

Industry remains in distress; IIP down 0.6%…

New Delhi, Feb 13 (KNN) With eight major industry groups including gems and jewellery, capital equipment, capital goods and items of interest to MSMEs staying…
MSMEs get squeezed all the time by large buyers: RBI Governor

MSMEs get squeezed all the time by…

Mumbai, Feb 12 (KNN) Batting for the micro, small and medium enterprises (MSMEs), RBI Governor Raghuram Rajan today said "MSMEs get squeezed all the time…
Government group discusses FDI in multi brand retail

Government group discusses FDI in multi brand…

New Delhi, Feb 12 (KNN) Meeting of the high level group on internal trade was held today in the backdrop of political differences in different states over…
SIDBI opens new branch in Bahadurgarh

SIDBI opens new branch in Bahadurgarh

New Delhi, Feb 12 (KNN) In order to meet the credit requirement of MSMEs in the region, the Small Industries Development Bank of India (SIDBI), has opened…
Trading platform for start-ups without IPOs

Trading platform for start-ups without IPOs

Mumbai, Feb 11 (KNN)  As an important initiative to help the start-ups access financial markets, the BSE SME today launched Institutional Trading…
Key govt units not on board e-biz portal

Key govt units not on board e-biz…

Mumbai, Feb 11 (KNN)  The government’s much talked about e-biz portal for allowing entrepreneurs to complete procedural formalities online is yet…
High growth expectations for Q-4 from textile, leather and chemical

High growth expectations for Q-4 from textile,…

New Delhi, Feb 11 (KNN) There will be marginal improvement in the outlook for manufacturing sector in the third quarter of 2013-14, according to a survey which…
India's export up by 3.79% YoY; engineering goods, garments, handicrafts perform well

India's export up by 3.79% YoY; engineering…

New Delhi, Feb 11 (KNN) India’s exports rose by 3.79 per cent on a year-on-year basis, with improvement in performance from sectors like engineering…
FM for sympathetic approach to genuine bank borrowers

FM for sympathetic approach to genuine bank…

New Delhi, Feb 10 (KNN)  Finance Minister P Chidambaram said today banks must be stern with wilful loan defaulters but should be sympathetic to those…