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Economy

Raghuram Rajan takes charge from Subbarao as new RBI Governor

Raghuram Rajan takes charge from Subbarao as…

Mumbai, Sept 4 (KNN) Raghuram Rajan, a former chief economist with the International Monetary Fund (IMF) and economic advisor to the finance ministry, takes…
Dent on rupee and impact on SMEs; PM to raise issue with rich nations

Dent on rupee and impact on SMEs;…

New Delhi, Sept 4 (KNN)  As the outflows of funds by global investors is playing havoc with the Indian rupee damaging interests of the industry, particularly…
Govt pins hope on SMEs to achieve 5% growth in the GDP

Govt pins hope on SMEs to achieve…

New Delhi, Sept 3 (KNN) In the wake of the corporate sector facing a severe slowdown, the government is pinning hopes on the small and medium enterprises to…
India's mfg PMI down to 48.5 in Aug; lowest in four years: Survey

India's mfg PMI down to 48.5 in…

New Delhi, Sept 2 (KNN) Indian manufacturing sector activity shrank for the first time in more than four years last month to 48.5 in August from 50.1 in July,…
Depreciating rupee presents challenges, opportunities for India: IMF

Depreciating rupee presents challenges, opportunities for India:…

New Delhi, Aug 31 (KNN)  The depreciating rupee value poises both challenges and opportunities for India, the International Monetary Fund (IMF) has said.
Manufacturing declines by 1.2% in first quarter of 2013-14

Manufacturing declines by 1.2% in first quarter…

New Delhi, Aug 30 (KNN) Indian manufacturing has declined by 1.2 per cent during the first quarter (April-June) of 2013-14 as compared to 0.8 per cent in the…
National seminar on TDS

National seminar on TDS

New Delhi, Aug 30 (KNN)  To deliberate on key issues on the various provisions and new developments relating to tax deduction at source (TDS), a national…
Small vs large banks, RBI initiates debate

Small vs large banks, RBI initiates debate

New Delhi, Aug 29 (KNN)  In a debate on small banks versus large banks, a Reserve Bank of India (RBI) discussion paper has said that small local banks…
MPs want banks to be soft towards MSME loan defaulters

MPs want banks to be soft towards…

New Delhi, Aug 29 (KNN)  Some of the members of parliament (MPs) have asked the Finance Minister P Chidambaram to direct banks to follow a soft approach…
Country facing difficult economic situation: PM

Country facing difficult economic situation: PM

New Delhi, Aug 29 (KNN)  Given the depleting value of the rupee which has set alarm bells ringing across the country, Prime Minister Manmohan Singh admitted…

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