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Economy

Loans to exporters should be considered as priority sector lending by banks: Prabhu urges Jaitley

Loans to exporters should be considered as…

New Delhi, Sept 21 (KNN) Raising concern about the issue of declining export credit which has been impacting exporters including Micro Small and Medium…

TAT for MSME loan processing improves across all three segments of lenders; NBFCs being the fastest: Report

TAT for MSME loan processing improves across…

New Delhi, Sept 20 (KNN) There has been an increase in the turn-around times (TAT) for loan…

Prabhu urges at TMM to encourage greater value addition for MSMEs

Prabhu urges at TMM to encourage greater…

New Delhi, Sep 18 (KNN) Commerce and Industry Minister Suresh Prabhu led the Indian delegation for the G-20 Trade Ministers Meeting (TMM) held at Mar del…

Despite impressive performance of exports, some sectors are still in negative territory: FIEO

Despite impressive performance of exports, some sectors…

New Delhi, Sept 15 (KNN) With increase in exports of goods consecutively for four months in a row, some of the sectors of exports especially from MSMEs…

WPI Inflation drops to 4-month low of 4.53%; inflation in manufactured products at 0.3%

WPI Inflation drops to 4-month low of…

New Delhi, Sept 14 (KNN) Inflation based on wholesale prices eased to 4.53 percent in August, the lowest in four months,  mainly due to easing of prices…

India -Syria trade to reach USD 500 million in next 3 years: FIEO Pres

India -Syria trade to reach USD 500…

New Delhi, Sept 12 (KNN) Leading a delegation of Indian entrepreneurs to Syria, consisting of 84 members, Federation of Indian Export Organization (FIEO),…

Both MUDRA & Kisan Credit Card, while popular, have to be examined more closely for potential credit risk: Raghuram Rajan

Both MUDRA & Kisan Credit Card, while…

New Delhi, Sept 11 (KNN) The Reserve Bank of India’s (RBI’s) former Governor Raghram Rajan has warned that the next build-up of non-performing…

Govt extends due dates for filing Form GSTR-1 and Form GSTR-3B in certain cases

Govt extends due dates for filing Form…

New Delhi, Sept 11 (KNN) In order to encourage taxpayers to furnish FORM GSTR-1, Government has come out with a one-time scheme to waive off late fee…

ICICI Bank launches OD facility for MSMEs based on GST Returns; OD amount could range between Rs 10 lakh & Rs 1 cr

ICICI Bank launches OD facility for MSMEs…

New Delhi, Sept 10 (KNN) Private sector lender ICICI banks has launched a facility – GST Business Loan – which will help micro, small and medium…

Haier inks pact with UP govt to set up 2nd industrial park in Greater Noida

Haier inks pact with UP govt to…

New Delhi, Sept 8 (KNN) Expanding its roots in Uttar Pradesh, Haier, a multi-national company, has signed MoU with the Uttar Pradesh government to set up…