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Economy

Capital Goods production spurts in January

Capital Goods production spurts in January

New Delhi, March 13 (KNN) A spurt in the volatile capital goods segment, which recorded a higher-than-expected 12.8 per cent, drove the growth in overall factory…
5 MoUs / Agreements signed between India and Mauritius

5 MoUs / Agreements signed between India…

New Delhi, March 12 (KNN) Prime Minister Narendra Modi’s visit to Mauritius saw inking of a number of Agreements/MoUs between India and Mauritius.
Budget Highlights: Customs, Excise and Service Tax

Budget Highlights: Customs, Excise and Service Tax

New Delhi, March 7 (KNN) Besides the big bang announcements such as introduction of GST by 1st April 2016, Visa on arrival for 150 countries and…
Forex reserves up by USD 3.88 billion

Forex reserves up by USD 3.88 billion

New Delhi, Mar 7 (KNN) According to the RBI's latest weekly statistical supplement, the Foreign exchange reserves have increased by US $3.88 billion…
Servicing from India ahead of Making

Servicing from India ahead of Making

New Delhi, March 5 (KNN) Back to back of announcing a slower growth in Manufacturing in India, HSBC research released on Wednesday that the seasonally-adjusted…
Government makes RBI responsible for Inflation

Government makes RBI responsible for Inflation

New Delhi, March 5 (KNN) Under the new ‘inflation targeting’ mechanism, the Government has mandated RBI to bring down inflation to below 6 per…
RBI gives thumps up to budget; cuts repo rate by 25 basis points

RBI gives thumps up to budget; cuts…

Mumbai, March 4 (KNN)   By cutting the repo rate by 25 basis points, Reserve Bank of India (RBI) has cast the vote of confidence in favour of Finance…
Import surge likely in auto components, capital goods

Import surge likely in auto components, capital…

New Delhi, March 3 (KNN) The combined impact of Union and Railway budget is set to push the prices of iron and steel up which is likely to result into import…
Budget Moves to curtail RBI Power? Experts Differ

Budget Moves to curtail RBI Power? Experts…

New Delhi, March 3 (KNN) The move in the Budget 2015-16 to set up a separate Public Debt Management Agency (PDMA) to manage market government borrowings and…
Union Budget bypassed MSME issues: FISME

Union Budget bypassed MSME issues: FISME

New Delhi, March 2 (KNN)  While hailing the budget as growth oriented and reformist, MSMEs cannot hide their disappointment from the first full Budget…