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Economy

DIPP begins survey to assess states to enhance ease of doing biz

DIPP begins survey to assess states to…

New Delhi, June 16 (KNN) The Commerce and Industry Ministry has started an extensive survey on 'ease of doing business' in states with the view to…
India's trade deficit narrows to USD 10.41 bn in May; but exports fall for sixth straight month

India's trade deficit narrows to USD 10.41…

New Delhi, June 16 (KNN) Continuing its declining trend, India export has narrowed to USD 22.34 billion in May in comparison to USD 22.05 billion month on…
Empowered Committee of State FMs on GST to submit views to RS Select Committee tomorrow

Empowered Committee of State FMs on GST…

New Delhi, June 15 (KNN) The Empowered Committee of State Finance Ministers on Goods & Services Tax (GST) will submits its view tomorrow to the Parliamentary…
India's manufacturing sector output surges to 5% vs 3% YoY

India's manufacturing sector output surges to 5%…

New Delhi, June 12 (KNN) The Industrial output for the country rose to 4.1 percent in April, while May consumer inflation came in in line with expectations…
RBI pitches in for bringing in legislative process to mandate PSUs for timely payments to MSMEs

RBI pitches in for bringing in legislative…

New Delhi, June 12 (KNN) Recovery of dues is a major challenge for the MSMEs, said Reserve Bank of India (RBI) deputy governor SS Mundra pressing for the need…
MUDRA Bank needs to be evolved into a bank from an agency: FM

MUDRA Bank needs to be evolved into…

New Delhi, June 12 (KNN) Finance Minister Arun Jaitley discussed a host of issues including roadmap for the implementation of the MUDRA banks with the Public…
Govt to implement Negotiable Instruments (Amendment) Ordinance, 2015

Govt to implement Negotiable Instruments (Amendment) Ordinance,…

New Delhi, Jun 12 (KNN) The Union Cabinet on Wednesday has given its approval for the proposal to promulgate the Negotiable Instruments (Amendment) Ordinance,…
RBI Governor meets Finance Minister today

RBI Governor meets Finance Minister today

New Delhi, June 11 (KNN) Reserve Bank Governor Raghuram Rajan met Finance Minister Arun Jaitley today to discuss the macroeconomic issues.

"These…
Cabinet nod for Rs 6000 cr interest free loan to sugar mills for paying farmers

Cabinet nod for Rs 6000 cr interest…

New Delhi, June 10 (KNN) In a bid to help the cash starved sugar industry, Cabinet has decided to provide soft loans to the extent of Rs 6000 crore to the…
RBI allows banks to acquire majority stake in stressed firms

RBI allows banks to acquire majority stake…

Mumbai, June 9 (KNN) Keeping in view the mounting bad loans in the last few months, the Reserve Bank of India (RBI) has come up with fresh guidelines under…