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Economy

Conference on public procurement policy

Conference on public procurement policy

Mumbai, Jan 16 (KNN) To deliberate on the issue of the National Public Procurement Policy in India, the Centre for Responsible Business (CRB) and CUTS International…
RBI nod needed for Hong Kong citizens to have setup in India

RBI nod needed for Hong Kong citizens…

Mumbai, Jan 15 (KNN)  Business entities and citizens of Hong Kong and Macau will also need the permission of the Reserve Bank of India (RBI) to establish…
Rajiv Kher to be new Commerce Secretary

Rajiv Kher to be new Commerce Secretary

New Delhi, Jan 15 (KNN) Rajiv Kher has been appointed as new  Commerce Secretary with the Cabinet Committee on Appointments clearing appointments of some…
RBI plans Town Hall Meetings with Delhi MSMEs to raise credit flow

RBI plans Town Hall Meetings with Delhi…

New Delhi, Jan 14 (KNN)  In a move to facilitate more credit flows to the micro, small and  medium enterprises, the Reserve Bank of India …
PNB seeks software solutions for loan processing

PNB seeks software solutions for loan processing

New Delhi, Jan 13 (KNN) In an effort to provide its customers more efficient and speedy service, the Punjab National Bank (PNB) is planning to create a panel…
RBI asks banks to restructure loans to Delhi MSMEs

RBI asks banks to restructure loans to…

New Delhi, Jan 13 (KNN) The Reserve Bank of India (RBI) has expressed concern over the public sector banks not doing enough to restructure the micro, small…
SBI warns closure of savings/current accounts with balance below Rs 500

SBI warns closure of savings/current accounts with…

New Delhi, Jan 13 (KNN) The State Bank of India (SBI) has warned that Savings Bank Accounts as well as Current Accounts with balances of Rs 500 and below and…
RBI encourages banks to reach out to difficult regions

RBI encourages banks to reach out to…

Mumbai, Jan 11 (KNN) The Reserve Bank Committee on Comprehensive Financial Services for Small Businesses and Low Income Households has suggested a system of…
Customs duty on edible oil import increased

Customs duty on edible oil import increased

New Delhi, Jan 10 (KNN)  The government has decided to increase the customs duty on refined edible oil by 2.5 per cent to protect the Indian industry.
Exports up moderately in December

Exports up moderately in December

New Delhi, Jan 10 (KNN)  Exports in December 2013 amounted to USD 26.34 billion showing a 3.49 per cent growth over the same month last year, while imports…