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Economy

Indian consumers to spend more on FMCGs in a decade

Indian consumers to spend more on FMCGs…

New Delhi, Jun 12 (KNN)  Indian consumers will be spending more while purchasing fast-moving consumer goods (FMCG) in a decade’s time according…
RBI steps in to boost dollar supply

RBI steps in to boost dollar supply

New Delhi, Jun 12 (KNN)  With a view to checking rupee from further slippage against the dollar, the Reserve Bank of India yesterday said that units located…
Exporters to benefit from new DGFT order

Exporters to benefit from new DGFT order

New Delhi, Jun 11 (KNN)  Exporters who import against payment in freely convertible currency from Iran will now be allowed to export their goods provided…
Indian exporters asked for discounts over falling rupee

Indian exporters asked for discounts over falling…

New Delhi, Jun 10 (KNN) The Industry body has expressed concern over the fact that global buyers have been asking Indian exporters for 10 – 15 per cent…
Business confidence on a steady decline

Business confidence on a steady decline

New Delhi, Jun 10 (KNN)  The overall business confidence has declined for the second consecutive quarter with predictions less than optimistic for the…
India to revive 300 apparel factories in Myanmar

India to revive 300 apparel factories in…

New Delhi, Jun 10 (KNN) India has offered to help Myanmar revive 300 apparel factories and to provide assistance of USD five million line of credit for these…
The monsoon factor in RBI policy

The monsoon factor in RBI policy

Hyderabad, Jun 8 (KNN)  The interest rate cut to be announced this month will be determined by the monsoon outlook and its impact on inflation, the Reserve…
Banks should conduct regular legal audit to sanction loans above Rs 5 crore

Banks should conduct regular legal audit to…

New Delhi, Jun 8 (KNN) In order to show red signal to frauds, the Reserve Bank of India told banks to do a periodic legal audit and re-verification of title…
RBI Dy Chief worried over large dormant saving bank accounts

RBI Dy Chief worried over large dormant…

Mumbai, Jun 8 (KNN) Expressing concern over inadequate financial inclusion, Reserve Bank of India deputy governor KC Chakrabarty said that nearly half of the…
Initial work on Amritsar - Delhi - Kolkata Industrial Corridor begins

Initial work on Amritsar - Delhi -…

New Delhi, Jun 7 (KNN)  In order to provide a boost to industrial development in the densely populated states of northern India, the Prime Minister has…

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