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Economy

Treat loans for exporters as priority sector lending: RBI

Treat loans for exporters as priority sector…

Mumbai, May 7 (KNN)  With an aim to boost exports and thereby bring down the current account deficit (CAD), a Reserve Bank of India (RBI) committee has…
Canara Bank opens two SME branches in Delhi

Canara Bank opens two SME branches in…

New Delhi, May 6 (KNN)   To cater to the needs of micro, small and medium industries, Canara Bank has opened two small and medium enterprise (SME)…
Pvt sector shying away from infra projects; PM seeks funding from ADB, others

Pvt sector shying away from infra projects;…

Greater Noida, May 4 (KNN)  The private sector is no longer willing to bet on infrastructure as the projects involve long - term gestation  periods necessitating…
IKEA has to source 30pc from domestic mkt for Indian stores; exports to be counted different

IKEA has to source 30pc from domestic…

New Delhi, May 3 (KNN) Swedish home furnishing and furniture giant IKEA's existing outsourcing from India worth about Rs 2,500 crore for its worldwide…
World Bank forecasts 6.7 per cent growth for India by 2015

World Bank forecasts 6.7 per cent growth…

New Delhi, May 2 (KNN) The World Bank on Tuesday estimated India’s GDP growth to 6.0 per cent for the current fiscal (2013-14) from its earlier estimated…
Economic reforms should result in tangible benefits for people: President

Economic reforms should result in tangible benefits…

New Delhi, May 2 (KNN)  Increased trade liberalization and economic cooperation would not count much unless they result in tangible benefits for our people,…
ADB invests USD 30 million in hydro and wind power plants

ADB invests USD 30 million in hydro…

New Delhi, May 2 (KNN)  Asian Development Bank (ADB) has signed an agreement with NSL Renewable Power Private Limited (NRPPL), a leading renewable energy…
IMF wants India to address infrastructure bottlenecks

IMF wants India to address infrastructure bottlenecks

New Delhi, May 2 (KNN) International Monitory Fund (IMF) Deputy Managing Director Naoyuki Shinohara has asked India to focus on basic infrastructure as investment in roads,…
RBI likely to lower cash reserve ratio to complement rate cut

RBI likely to lower cash reserve ratio…

New Delhi, May 1 (KNN)  With all signs pointing to inflation coming down, the Reserve Bank of India (RBI) is expected to cut interest rate by 0.25 percentage…
Compliance lessons for exporters

Compliance lessons for exporters

Agra, May 1, (KNN) Exporters from Uttar Pradesh will be given an expert presentation here on May 11, to ensure compliance for their shipments so that they…