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Economy

RBI relaxes overdraft facility norms for States & UTs

RBI relaxes overdraft facility norms for States…

Mumbai, Apr 7 (KNN) The Reserve Bank of India (RBI) today relaxed norms for state governments to avail overdraft facilities for a longer period until September…

In wake of COVID-19, Cabinet decides to cut salaries of MPs by 30% for a year; no MPLAD funds for 3 yrs

In wake of COVID-19, Cabinet decides to…

New Delhi, Apr 6 (KNN) After taking plenty of measures to contain the spread of coronavirus, the epidemic succeeded in turning…

Delayed Payment: FOSMI demands necessary directions through Gazette Notification to clear MSME dues

Delayed Payment: FOSMI demands necessary directions through…

New Delhi, Apr 6 (KNN) The Federation of Small and Medium Industries (FOSMI) has written to Prime Minister Narendra Modi demanding…

Maha Dy CM Ajit Pawar writes to FM; seeks to exempt GST on medical equipment

Maha Dy CM Ajit Pawar writes to…

Mumbai, Apr 4 (KNN) Maharashtra's Deputy Chief Minister Ajit Pawar has written to Finance Minister Nirmala Sithraman seeking…

Garment sector MSMEs fear more drop in demand, says CMAI survey

Garment sector MSMEs fear more drop in…

New Delhi, Mar 31 (KNN) Despite several measures announced by the government, domestic garment industry, especially its Micro Small and Medium Enterprises (MSME) fear more…

BOI cuts external benchmark lending rate by 75 bps; MSME to benefit

BOI cuts external benchmark lending rate by…

New Delhi, Mar 30 (KNN) Bank of India has reduced its external benchmark lending rate by 75 basis points to 7.25 per cent…

Govt frees movement of goods; assures RBI directive will be followed by all banks

Govt frees movement of goods; assures RBI…

New Delhi, Mar 28 ( KNN) To deal with COVID-19 crisis, Union Commerce and Industry Minister Piyush Goyal held a meeting with…

Indian banking system is in safe hands: RBI

Indian banking system is in safe hands:…

New Delhi, Mar 28 (KNN) The Reserve Bank of India (RBI) has said that Indian Banking system is in safe hands and there is…

RBI announces rate cuts, EMIs put on hold for three months

RBI announces rate cuts, EMIs put on…

New Delhi, Mar 27 (KNN) In a bid to diminish negative impact of COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta…

Nirmala Sitharaman announces Rs 1.7 lakh cr package for poor people

Nirmala Sitharaman announces Rs 1.7 lakh cr…

New Delhi, Mar 26 (KNN) Finance Minister Nirmala Sitharaman on Thursday announced a slew of measures to fight calm a little the…