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Economy

RBI cuts export credit refinance facility to 32% from 50%

RBI cuts export credit refinance facility to…

Mumbai, Jun 4 (KNN) The Reserve Bank has reduced the availability of funds under the export credit refinance (ECR) window from 50 per cent of export credit…
RBI credit policy review; no change in rates, interest costs to remain high

RBI credit policy review; no change in…

Mumbai, Jun 3 (KNN)  There would be no change in the interest rates with the result that the cost of borrowing will remain high while the Reserve Bank…
Jaitley appointed India's Governor in ADB Board

Jaitley appointed India's Governor in ADB Board

New Delhi, Jun 2 (KNN) The Union Finance Minister, Arun Jaitley has been appointed as India’s Governor on the Board of Governors of the Asian Development…
Govt needs to implement fair tax regulatory system

Govt needs to implement fair tax regulatory…

New Delhi, Jun 2 (KNN)  A non-adversarial, conducive and fair tax regulatory environment is needed to support the forward looking development and delivery-oriented…
Key spokes of economy with MSMEs presence show fall in growth

Key spokes of economy with MSMEs presence…

New Delhi, May 31 (KNN) Several important spokes of the Indian economy such as trade, hotels, transports in services sector and manufacturing have shown a…
Taxpayers want major relief from first budget of new govt, says survey

Taxpayers want major relief from first budget…

New Delhi, May 30 (KNN) India’s common taxpayers want the new Finance Minister to provide for income tax exemption threshold after factoring in inflation…
More firms trading on BSE SME platform

More firms trading on BSE SME platform

Mumbai, May 30 (KNN) The number of companies traded on BSE SME platform zoomed to 28 today, reflecting renewed interest of investors in the small and medium…
RBI names State Bank of Hyderabad as lead bank for Telangana

RBI names State Bank of Hyderabad as…

Hyderabad, May 29 (KNN) The State Bank of Hyderabad has been named as the lead Bank by RBI for the newly created state of Telangana. India's 29th State,…
Market cap of BSE-SME crosses Rs 7,000 crore mark

Market cap of BSE-SME crosses Rs 7,000…

Mumbai, May 28 (KNN)  Giving rich dividends to investors , the market…
New govt expected to simplify procedures for business: Goldman Sachs

New govt expected to simplify procedures for…

New Delhi, May 28 (KNN) The new government is expected to cut the red tape and simplify the number of procedures that are required to do business in India,…

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