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Economy

SBH hopeful about MSMEs 20% contribution to its advances by FY15

SBH hopeful about MSMEs 20% contribution to…

Hyderabad, Oct 31 (KNN)  The State Bank of Hyderabad (SBH) is hoping that the micro, small and medium enterprises (MSMEs) will contribute 19-20 per cent…
Deadline to send comments on Damodaran Committee Report ends today

Deadline to send comments on Damodaran Committee…

New Delhi, Oct 31 (KNN)  Today is the last day for sending comments on the Damodaran Committee report, also known as the Report of the Committee for Reforming…
RBI ups lending rates; but promises more finance to MSMEs

RBI ups lending rates; but promises more…

Mumbai, Oct 29 (KNN) The Reserve Bank of India (RBI) today increased the benchmark lending rate by 0.25 percentage points but its governor,…
India slips to 134th rank in terms of ease of doing business

India slips to 134th rank in terms…

New Delhi, Oct 29 (KNN)  India slipped further to 134th rank from 132nd in terms of ease of doing business index, according to World Bank report, coming…
Lukewarm cracker sales this Diwali

Lukewarm cracker sales this Diwali

New Delhi, Oct 28 (KNN)  A sharp rise of about 40 per cent in prices of firecrackers has led to a steep decline in sales from production centres like…
RBI may again disappoint MSMEs tomorrow

RBI may again disappoint MSMEs tomorrow

New Delhi, Oct 28 (KNN)  The Reserve Bank of India will be reviewing the credit policy tomorrow amidst dim chances of cut in interest rates.  On…
SMEs more vulnerable than others, says Chanda Kochhar

SMEs more vulnerable than others, says Chanda…

Mumbai, Oct 26 (KNN) Small and medium sized companies are facing more vulnerability in terms of quality of assets in the backdrop of economic slowdown, ICICI…
Red sandalwood export relaxed somewhat

Red sandalwood export relaxed somewhat

New Delhi, Oct 25 (KNN) The government has relaxed prohibition on export of Red Sanders (a variety of sandalwood) in log form for export of 9784.1363…
RBI appoints advisory group to establish bill payment system

RBI appoints advisory group to establish bill…

New Delhi, Oct 24 (KNN)  Individuals and households may soon be able to make on-line payments of all their bills and make remittances electronically.
Settle export rebate claims in 30 days; excise/customs told

Settle export rebate claims in 30 days;…

New Delhi, Oct 24 (KNN)  India's Central Board of Excise and Customs has asked commissioners of both excise and customs to ensure that the claims…