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Economy

Sensex crashes 1,150 Points, Rupee Breaches 66.50; BSE SME tumbles 0.06% down

Sensex crashes 1,150 Points, Rupee Breaches 66.50;…

Mumbai, Aug 24 (KNN) In line with the BSE Sensex and the Nifty, which crashed on Monday morning, falling nearly 4 per cent in one of the biggest sell-offs…
FM inaugurates Bandhan Bank; cautions it to keep its focus to serve weaker sections unchanged

FM inaugurates Bandhan Bank; cautions it to…

Kolkata, Aug 24 (KNN) While inaugurating the Bandhan Bank, Union Finance Minister Arun Jaitley cautioned the new Bank to keep their focus to serve the weaker…
NPAs which have reached present levels are unacceptable, says Arun Jaitley

NPAs which have reached present levels are…

New Delhi, Aug 21 (KNN) Non- Performing Assets (NPAs), which have reached present levels are unacceptable, said Union Finance Minister Arun Jaitley adding…
BSE slumps over 400 points but SME Exchange trades 0.02% higher

BSE slumps over 400 points but SME…

Mumbai, Aug 21 (KNN) Unlike the main board which was down over 400 points after the weakening rupee which hit a two-year low, the SME exchange of BSE was trading…
Govt approves guidelines for selection of MD & CEOs for smaller Public Sector Banks

Govt approves guidelines for selection of MD…

New Delhi, Aug 21 (KNN) Appointments Committee of Cabinet (ACC) has approved the guidelines for selection of MD & CEOs in Public Sector Banks (PSBs) other…
Larger of the SMEs are beginning to show less stress: SBI chairperson

Larger of the SMEs are beginning to…

Mumbai, Aug 20 (KNN) Stating that the stress in the mid-corporates in the recent past has come down, State Bank of India (SBI) chairperson Arundhati Bhattacharya…
India needs to strengthen its anti-dumping mechanism - DIPP Secretary

India needs to strengthen its anti-dumping mechanism…

Mumbai, Aug 20 (KNN) India needs to strengthen its anti-dumping mechanism and take care of its primary sectors such as steel so that it is able to tackle this…
Licences for small finance banks to be announced next month - Rajan

Licences for small finance banks to be…

Mumbai, Aug 20 (KNN) A day after RBI gave in-principle approval to 11 applicants for payment banks, Reserve Bank of India (RBI) governor Raghuram G Rajan today…
RBI gives 'in-principle' approval to 11 applicants for Payment Banks

RBI gives 'in-principle' approval to 11 applicants…

Mumbai, Aug 20 (KNN) The Reserve Bank of India has decided to grant “in-principle” approval to the following 11 applicants to set up payments banks.
VC funds coming to the country goes into e-commerce rather than mfg, biotech, solar - Jayant Sinha

VC funds coming to the country goes…

Mumbai, Aug 19 (KNN) Most of the venture capital funds coming into the country is currently going into e-commerce business but in the sectors like manufacturing,…

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