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Economy

India expanded more than other BRIC countries in May: Survey

India expanded more than other BRIC countries…

New Delhi, Jun 17 (KNN) Although economic growth in emerging market economies remained slow in May, India expanded at a better rate than the three BRIC countries…
Bank of Maharashtra sets up special branch for MSMEs

Bank of Maharashtra sets up special branch…

Pune, Jun 15 (KNN)  The Bank of Maharashtra today said it has set up specialised units in major cities including Delhi and Hyderabad to service micro,…
FDI in multi-brand retail: States can attach more strings; spirit dampened

FDI in multi-brand retail: States can attach…

New Delhi, Jun 14 (KNN)  Over and above the tough conditionalities  by the Centre in allowing 51 per cent foreign direct  investment in multi-brand…
RBI shifts fraud monitor cell to Bengaluru

RBI shifts fraud monitor cell to Bengaluru

New Delhi, Jun 13 (KNN)  The Reserve Bank of India has shifted its Fraud Monitoring Cell from its central office in Mumbai to its regional office in Bengaluru.
Common man continues to pay high prices for items of daily use

Common man continues to pay high prices…

Kolkata, Jun 12 (KNN) Though the inflation measured by the Wholesale Price Index (WPI) has come down significantly, consumers continue to pay high prices at…
Credit growth at standstill for medium scale firms

Credit growth at standstill for medium scale…

Mumbai, Jun 13 (KNN) The growth in deployment of gross bank credit to the medium scale enterprises was among the lowest in 2013 while for micro and small units,…
RBI launches quarterly inflation expectation survey

RBI launches quarterly inflation expectation survey

New Delhi, Jun 12 (KNN)  The RBI has launched its latest quarterly survey of inflation expectation assessment which will cover 5,000 households in 16…
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…

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