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Economy

Upturn in sales growth is noticeable for manufacturing and IT sectors: RBI

Upturn in sales growth is noticeable for…

Mumbai, Dec 21 (KNN) The upturn in sales growth is noticeable for the manufacturing and the IT sectors, while slowdown continued in the non-IT services sector,…
Net direct tax collection up 13%; corporate tax by 10%: CBDT

Net direct tax collection up 13%; corporate…

Mumbai, Dec 21 (KNN) The net direct tax collections for the current fiscal upto December-20 is up by 13.7 per cent to Rs 4,12,918 crore from a year ago according…
Chhattisgarh plans facelift of industrial areas near Mumbai-Howrah rail route

Chhattisgarh plans facelift of industrial areas near…

Raipur, Dec 20 (KNN) In order to boost the pace of industrial investment in the state, the Chhattisgarh State Industrial Development Corporation (CSIDC) is…
Japan & India sign currency swap agreement

Japan & India sign currency swap agreement

New Delhi, Dec 19 (KNN) In an effort to strengthen financial cooperation between Japan and India, a bilateral currency swap agreement has been signed by the…
RBI to block wilful defaulters from accessing bank loans

RBI to block wilful defaulters from accessing…

New Delhi, Dec 18 (KNN) Amidst increasing sickness from industries, a draft RBI paper has proposed measures to help banks recover bad loans and on dealing…
85,000 bank branches, 1 million bank employees, 40 lakh cheques at standstill today

85,000 bank branches, 1 million bank employees,…

New Delhi, Dec 18 (KNN) About 1 million bank employees across India are on a one-day strike today, with as many as 85,000 bank branches not operating to stage…
RBI keeps lending rate unchanged at 7.75%; says current inflation is too high

RBI keeps lending rate unchanged at 7.75%;…

Mumbai, Dec 18 (KNN)  As the country continues to battle low growth and high inflation, the Reserve Bank of India (RBI) unexpectedly kept the policy…
Confusion follows RBI circular on scribbled notes

Confusion follows RBI circular on scribbled notes

New Delhi, Dec 17 (KNN) Amidst concerns amongst the traders and on social networking sites that banks may not accept soiled and scribbled notes from January…
Nov WPI at 14 month high at 7.52% due to high food inflation, mfg product inflation rises to 2.64%

Nov WPI at 14 month high at…

New Delhi, Dec 16 (KNN) Ahead of RBI's policy review on Wednesday, India's Wholesale Price Index (WPI) inflation for the month of November rose to…
Banks to go on strike on Dec-18 demanding early wage revision

Banks to go on strike on Dec-18…

New Delhi, Dec 16 (KNN) One million bank employees and officials across the country would be observing a one day All-India strike on December-18 under the…