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Economy

Bank of Maharashtra to increase advances to MSME

Bank of Maharashtra to increase advances to…

Bangalore, Jan 6 (KNN) The Bank of Maharashtra has set a target of extending 20 per cent of its advances to the MSME sector in the next fiscal (2014-15), its…
SBI early warning signals for bad loans

SBI early warning signals for bad loans

Mumbai, Jan 4 (KNN) Faced with a huge problem of bad loans, the state bank of India would be installing an intelligent software, which will give it early signals…
Problem for mfg slowdown largely domestic, says FISME

Problem for mfg slowdown largely domestic, says…

New Delhi, Jan 4 (KNN) Reacting to Prime Minister Manmohan Singh's admission that enough jobs could not be created in the manufacturing…
We need to support SMEs for job creation: PM

We need to support SMEs for job…

New Delhi, Jan 3 (KNN)  It is the small and medium enterprises which can generate “good quality employment”, said Prime Minister Manmohan…
China beating Indian engineering exporters by low steel prices

China beating Indian engineering exporters by low…

New Delhi, Jan 2 (KNN)Taking advantage of a turmoil in steel prices, China is at it again beating the Indian engineering industry  in terms of cost competitiveness…
RBI eases restrictions on gold dore import; SMEs to benefit

RBI eases restrictions on gold dore import;…

Mumbai, Jan 1 (KNN) In a move which will help the small and medium jewellery makers, the Reserve Bank of India (RBI) has eased restrictions on import of gold…
Inflation for industrial workers up; Bakaro saw maximum jump in prices

Inflation for industrial workers up; Bakaro saw…

New Delhi, Jan 1 (KNN) Inflation measured by prices of goods mostly consumed by industrial workers went up further to 11.47 per cent for November, 2013 from…
RBI to issue Rs 500 bank notes with rupee symbol

RBI to issue Rs 500 bank notes…

Mumbai, Jan 1 (KNN) The Reserve Bank will shortly issue Rs 500 banknotes with rupee symbol in the Mahatma Gandhi Series- 2005. 

" The…
Growth in 8 core industries increases by 1.7% in November

Growth in 8 core industries increases by…

New Delhi, Dec 31 (KNN) The eight core industries including coal, fertilizers, steel, cement grew by a mere 1.7 per cent in November reflecting continuous…
Use bank notes without any fear, RBI on scribbled notes

Use bank notes without any fear, RBI…

Mumbai, Dec 31 (KNN) Advising the public to use bank notes without any fear, the Reserve Bank of India (RBI) today clarified that banks will accept all currency…