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Economy

RBI unwilling to  supply more – the currency shortage to continue

RBI unwilling to supply more – the…

Mumbai, Dec 8 (KNN) In the Press Conference held on the Monetary policy, RBI announced that against demonetisation of currency notes worth Rs. 11.55 lakh…

Govt waives service tax on card transactions of up to Rs 2000

Govt waives service tax on card transactions…

New Delhi, Dec 8 (KNN) In order to ease the burden of service tax on small transactions made through cards, the government today waived service tax on debit…

Unchanged lending rate is a surprise, but it seems RBI is waiting for the banks to pass rate cuts: Economists

Unchanged lending rate is a surprise, but…

New Delhi, Dec 7 (KNN) Unchanged Repo Rate has come as a surprise for many Economists, but at the same time they feel that transmission of lending rates…

Gold is a commodity which govt can control, but jewellery is need of consumers which cannot be controlled: Jewellers

Gold is a commodity which govt can…

New Delhi, Dec 7 (KNN) Cash crunch has hit trade across the sector, but one of the most affected business is of jewellers during the peak marriage season…

RBI keeps repo rate unchanged at 6.25 per cent

RBI keeps repo rate unchanged at 6.25…

New Delhi, Dec 7 (KNN) In a move which could disappoint many who were expecting lower interest rates post demonetization, RBI has kept the repo rate unchanged at 6.25 per…

Demonetization may force RBI to cut rates; but with slow demand are MSMEs willing to borrow right now: Experts

Demonetization may force RBI to cut rates;…

New Delhi, Dec 7 (KNN) All eyes are set on the Monetary Policy Committee for the announcement on rate cut today as after facing the cash crunch post demonetization,…

Govt directs banks to install additional 1 million new PoS terminals by March 31, 2017

Govt directs banks to install additional 1…

New Delhi, Dec 7 (KNN) In order to facilitate the move towards cashless transactions, the Government has directed the banks to install an additional one…

Payments above Rs 5,000 to Suppliers, Contractors etc by Govt Depts to be made through e-Payment only

Payments above Rs 5,000 to Suppliers, Contractors…

New Delhi, Dec 5 (KNN) The Ministry of Finance has today made it mandatory for the government departments to make any payment above Rs 5000 to suppliers,…

CBDT again urges Jan Dhan account holders not to consent to any kind of misuse of their accounts

CBDT again urges Jan Dhan account holders…

New Delhi, Dec 5 (KNN) The Central Board of Direct Taxes (CBDT) has once again urged the Jan Dhan account holders not to consent to any kind of misuse of…

BSE SME comes with additional guidelines for migration from SME platform to BSE Main Board

BSE SME comes with additional guidelines for…

Mumbai, Dec 3 (KNN) The SME exchange of BSE has come out with additional guidelines for migration from BSE SME Platform to the Main Board of BSE.

BSE,…