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Economy

KVGB to disburse Rs 1000cr to MSMEs by Dec

KVGB to disburse Rs 1000cr to MSMEs…

New Delhi, June 17 (KNN) Karnataka Vikas Grameena Bank (KVGB), a Regional Rural Bank sponsored by Syndicate Bank, plans to disburse ₹1,000 crore to micro,…

There should be respect for rule of law but not fear for tax administrators among citizens: PM Modi

There should be respect for rule of…

New Delhi, June 16 (KNN) Prime Minister, Narendra Modi, while addressing tax administrators at the Rajasva Gyan Sangam, stressed that while there should…

India’s merchandise exports fall for eighteenth month

India’s merchandise exports fall for eighteenth month

New Delhi, 16 June (KNN) India’s merchandise exports maintained its stubborn trend for the eighteenth straight month in May, although the rate of…

Market cap of BSE SME crosses Rs 7K cr mark on Wednesday morning

Market cap of BSE SME crosses Rs…

Mumbai, June 15 (KNN) The market capitalization of BSE SME bourse crossed Rs 7K crore mark on Wednesday morning. However, the exchange was trading down…

RBI’s SMA 1 for clean-up of banks’ balance sheet or clean-up of MSMEs?

RBI’s SMA 1 for clean-up of banks’…

New Delhi, June 14 (KNN) Ever after Reserve Bank of India (RBI) imposed Special Mention Account (SMA) norms on the banks, the lending to the credit hit-MSME…

BSE SME gets its 139th company; Gujarat based Shanti Edu Initiatives gets listed

BSE SME gets its 139th company; Gujarat…

Mumbai, June 14 (KNN) The total number of companies listed with the SME exchange of BSE has reached 139 today.

Equity shares of Gujarat based Shanti…

IIP data down in Apr; growth in manufacturing may take some time to pick, says industry

IIP data down in Apr; growth in…

New Delhi, June 11 (KNN) A contraction in manufacturing output dragged industrial production growth down in April, rekindling concerns if a turnaround has…

Chief Negotiators for India and EFTA holds stock-taking meeting

Chief Negotiators for India and EFTA holds…

New Delhi, June 11 (KNN) With a view to boost trade between India and Europe, a meeting between the Chief Negotiators of India and European Free Trade Association…

Empower banks to get rid of NPAs without 3C fear: Assocham

Empower banks to get rid of NPAs…

New Delhi, June 10 (KNN) With a view to containing non-performing assets (NPAs) in banks, the government should empower the boards of the public sector…

Fall in African currency pulls down exports from India; MSMEs impacted

Fall in African currency pulls down exports…

New Delhi, June 10 (KNN) India’s export to Africa has witnesses almost 23 per cent fall due to fall in global commodity prices especially oil and…