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Economy

User-friendly trade portal launched

User-friendly trade portal launched

New Delhi, Dec 8 (KNN) Minister of State for Commerce and Industry, Nirmala Sitharaman today inaugurated a user-friendly Indian Trade Portal which is aimed…
White label ATMs can accept international credit/debit cards, says RBI

White label ATMs can accept international credit/debit…

Mumbai, Dec 6 (KNN)  Reserve Bank of India has decided to allow White Label ATMs which are operated by non-bank entities to accept international credit/debit/prepaid…
RBI issues operative guidelines for mobile banking transactions

RBI issues operative guidelines for mobile banking…

Mumbai, Dec 5 (KNN)  In an effort to bring in standardisation of procedures in mobile banking services offered by various banks, the Reserve Bank of India…
Postal Department may extend services in banking, insurance & e-commerce

Postal Department may extend services in banking,…

New Delhi, Dec 5 (KNN)  A task force on leveraging the post offices network of the country had suggested setting up of three subsidiaries as a part of…
Direct selling industry has potential to engage 18 mn direct sellers: report

Direct selling industry has potential to engage…

New Delhi, Dec 4 (KNN)  The direct selling industry has the potential to provide self-employment to 18 million and if provided with the right policy stimulus,…
RBI releases guidelines for trading platform for MSME receivables

RBI releases guidelines for trading platform for…

Mumbai, Dec 4 (KNN)  In a move that will help micro, small and medium enterprises, the Reserve Bank of India (RBI) has allowed the setting up of an exchange…
Govt constitutes high level committee to interact with trade & industry on tax laws

Govt constitutes high level committee to interact…

New Delhi, Dec 4 (KNN)  The government has set up a high level committee to interact with trade and industry to ascertain areas where clarity on tax laws…
Market cap of firms listed on BSE SME crosses Rs 9,600 crore

Market cap of firms listed on BSE…

Mumbai, Dec 2 (KNN)  Market capitalisation of companies listed on the BSE SME platform today crossed the Rs 9,600 crore mark to settle at Rs 9,688.01…
RBI keeps lending rate unchanged at 8%

RBI keeps lending rate unchanged at 8%

Mumbai, Dec 2 (KNN)  As predicted by the industry, the Reserve Bank of India today announced that it would keep the lending rate or the Repo rate unchanged…
Survey on foreign collaboration in Indian industry launched

Survey on foreign collaboration in Indian industry…

Mumbai, Dec 1 (KNN)  With a view to collecting comprehensive information relating to the nature, pattern and operation of the foreign collaboration agreements,…