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Economy

Pak trade body for commerce in rupees

Pak trade body for commerce in rupees

New Delhi, July 4 (KNN) The Indo-Pak trade should be done in local currencies rather than in dollars in order to enhance the bilateral trade and economic cooperation between…
Services too on downslide: HSBC

Services too on downslide: HSBC

New Delhi, July 4 (KNN) Service sector which comprises a large number of formal and informal MSMEs is also slowing down along with the manufacturing sector.

The…
Falling rupee hits the small industry

Falling rupee hits the small industry

New Delhi, Jul 3 (KNN)  Pressure on rupee has surfaced again as the USD has crossed the Rs 60 mark raising fresh worries for the industries particularly…
India and Mauritius co-host business conference

India and Mauritius co-host business conference

New Delhi, Jul 3 (KNN)  The Commerce and Industry Minister, Anand Sharma today left for a two-day visit to Mauritius to attend the Indian Ocean Rim Association…
Retail FDI likely to get easier norms

Retail FDI likely to get easier norms

New Delhi, Jul 1 (KNN)  In an attempt to woo retailers, the Finance Ministry has come up with a proposal to permit multi-brand retailers to entry sans…
RBI measures to curb gold sale hurts small traders and artisans

RBI measures to curb gold sale hurts…

Mumbai, Jul 1 (KNN)  Moving a step further to curb gold imports, the Reserve Bank of India (RBI) has asked banks not to accept cards or allow EMI schemes…
NSIC to sign pact with SBI for easy credit to SMEs

NSIC to sign pact with SBI for…

New Delhi, Jul 1 (KNN) The National Small Industries Corporation (NSIC) is likely to sign a pact with State Bank of India (SBI) for providing affordable…
RBI to compensate banks for reporting counterfeit notes

RBI to compensate banks for reporting counterfeit…

New Delhi, Jun 29 (KNN) The Reserve Bank of India will compensate banks 25 per cent of the loss incurred by them in respect of counterfeit notes in the denomination…
CII bats for goods and services tax

CII bats for goods and services tax

New Delhi, Jun 29 (KNN)  The Confederation of Indian Industry (CII) today said that implementation of goods and services tax will make India a single…
RBI allows jewellery exporters to avail credit to import gold

RBI allows jewellery exporters to avail credit…

Mumbai, Jun 29 (KNN)  In order to boost jewellery exports, the Reserve Bank of India (RBI), according to a statement issued earlier this week, has…

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