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Economy

PM launches Scheme for LED bulb distribution under efficient lighting programme

PM launches Scheme for LED bulb distribution…

New Delhi, Jan 5 (KNN)  Prime Minister Narendra Modi today described the LED bulb as a ‘Prakash Path’ translated way to light, as he launched…
IFRS compliant Indian Accounting Standards by 2016; MSMEs spared

IFRS compliant Indian Accounting Standards by 2016;…

New Delhi, Jan 3 (KNN) The Ministry of Corporate Affairs on Friday established a road map for companies to implement a new Indian Accounting Standards (Ind…
RBI asks authorised entities to display company name in products

RBI asks authorised entities to display company…

Mumbai, Jan 3 (KNN)  Reserve Bank of India has directed all authorised entities such as payment firms to display company name prominently in their promotional…
Deadline for licensing applications from Small Finance Banks & Payments Banks extended

Deadline for licensing applications from Small Finance…

Mumbai, Jan 2 (KNN)  Having received several requests seeking extension of time for submission of applications for Small Finance Banks and Payment Banks,…
Bankers' retreat to focus on reforms in financial sector begins

Bankers' retreat to focus on reforms in…

Pune, Jan 2 (KNN)   A two day retreat to take forward the government’s commitment to reforms in the financial sector, and to ensure that growth…
Excise duty on petrol & diesel up by Rs 2/litre effective today

Excise duty on petrol & diesel up…

New Delhi, Jan-2 (KNN)  To fund its infrastructure development programme, the government has increased basic excise duty on petrol and diesel - both branded…
India will be back on high growth track in a couple of years

India will be back on high growth…

New Delhi, Dec 27 (KNN) Reserve Bank of India (RBI) Governor Raghuram Rajan evinced optimism for the country economic growth and said it is a matter of couple…
FM asks revenue officer trainees to be firm and fair

FM asks revenue officer trainees to be…

New Delhi, Dec 27 (KNN) Finance Minister Arun Jaitley on Friday asked the Indian Revenue Service (IRS-Customs and Central Excise) officer trainees to be both…
RBI extends pre 2005 currency notes submission to June 30, 2015

RBI extends pre 2005 currency notes submission…

RBI to extend RTGS business hours from Dec 29

RBI to extend RTGS business hours from…

New Delhi, Dec 18 (KNN) To address the growing demand from the market and customers, the Reserve Bank of India has decided to extend the business hours…