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Economy

ICRA to rate SME borrowers of PNB at low cost

ICRA to rate SME borrowers of PNB…

Kolkata, Dec 26 (KNN) The small and medium enterprises (SMEs), which are borrowers of Punjab National Bank (PNB) will be rated by the credit rating agency…
India lifts prohibition on export of wood charcoal to Bhutan

India lifts prohibition on export of wood…

New Delhi, Dec 24 (KNN) Relaxing the policy, the Indian government has lifted the restriction on exporting wood charcoal to Bhutan. 

RBI cautions users of Virtual Currencies including Bitcoins against risks

RBI cautions users of Virtual Currencies including…

Mumbai, Dec 24 (KNN) Expressing concern over the rise of "virtual currencies" that is reported to gain popularity among Net users, Reserve Bank of…
Demand for easing curbs on gold imports

Demand for easing curbs on gold imports

New Delhi, Dec 23 (KNN) In order to ease restrictions on import of gold to help jewellery exporters, the Commerce Ministry is reported to have asked its Finance…
Credit card dues for 90 days are bad loans, says RBI

Credit card dues for 90 days are…

Mumbai, Dec 21 (KNN) In order to tighten credit card norms, the Reserve Bank of India (RBI) has said that the credit card dues not fully paid for 90 days within…
Upturn in sales growth is noticeable for manufacturing and IT sectors: RBI

Upturn in sales growth is noticeable for…

Mumbai, Dec 21 (KNN) The upturn in sales growth is noticeable for the manufacturing and the IT sectors, while slowdown continued in the non-IT services sector,…
Net direct tax collection up 13%; corporate tax by 10%: CBDT

Net direct tax collection up 13%; corporate…

Mumbai, Dec 21 (KNN) The net direct tax collections for the current fiscal upto December-20 is up by 13.7 per cent to Rs 4,12,918 crore from a year ago according…
Chhattisgarh plans facelift of industrial areas near Mumbai-Howrah rail route

Chhattisgarh plans facelift of industrial areas near…

Raipur, Dec 20 (KNN) In order to boost the pace of industrial investment in the state, the Chhattisgarh State Industrial Development Corporation (CSIDC) is…
Japan & India sign currency swap agreement

Japan & India sign currency swap agreement

New Delhi, Dec 19 (KNN) In an effort to strengthen financial cooperation between Japan and India, a bilateral currency swap agreement has been signed by the…
RBI to block wilful defaulters from accessing bank loans

RBI to block wilful defaulters from accessing…

New Delhi, Dec 18 (KNN) Amidst increasing sickness from industries, a draft RBI paper has proposed measures to help banks recover bad loans and on dealing…

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