Empowering MSMEs with News & Insights

Economy

Sept WPI at 5 year low; Mfg products inflation also down to 2.84% against 3.53% in Aug

Sept WPI at 5 year low; Mfg…

New Delhi, Oct 14 (KNN) The Wholesale Price Inflation was at five year low in September at 2.38 per cent, mainly due to decline in food prices including vegetables.
Standards compliance for consumer products to be monitored strictly, says Paswan

Standards compliance for consumer products to be…

New Delhi, Oct 14 (KNN) The Government is working with Bureau of Indian Standards (BIS) to introduce the regime of strict quality standards for consumer…
RBI clarifies norm on proof of address; asks banks to comply

RBI clarifies norm on proof of address;…

Mumbai, Oct 14 (KNN)  The Reserve Bank of India (RBI) has asked all scheduled commercial banks (excluding RRBs)/local area banks / and all India financial…
Kotak Mahindra Bank offers KayPay, Facebook based instant money transfer service

Kotak Mahindra Bank offers KayPay, Facebook based…

Mumbai, Oct 13 (KNN) Private sector lender Kotak Mahindra Bank (KMB) today launched KayPay, which will enable over 25 crore Indian bank account holders to…
Increasing asset prices in emerging markets despite lower inflation & growth pose risk to global growth: Mayaram

Increasing asset prices in emerging markets despite…

New Delhi, Oct 13 (KNN) Finance Secretary, Arvind Mayaram has raised concern over the situation of increasing asset prices in emerging markets despite lower…
Indian economy will be in 5% growth range over the course of this fiscal: Rajan

Indian economy will be in 5% growth…

New Delhi, Oct 13 (KNN) Reserve Bank of India (RBI) Governor, Raghuram Rajan expressed optimism that the country will be solidly in the five per cent growth…
Business regulatory envn needs bold reforms, industry feels, as Aug IIP remains subdued

Business regulatory envn needs bold reforms, industry…

New Delhi, Oct 11 (KNN) Despite the optimist mood of consumers during the festive season, the industrial production growth remained subdued at five-month low…
RBI clarifies on free transactions at non-home bank ATM's

RBI clarifies on free transactions at non-home…

Mumbai, Oct 11 (KNN) The Reserve Bank of India (RBI) has clarified that the total number of free transactions at non-home bank ATM’s would continue to…
Govt plans amendments in the Consumer Protection Act

Govt plans amendments in the Consumer Protection…

New Delhi, Oct 10 (KNN) The government has planned amendments in the Consumer Protection Act to make it more effective, said Minister of Consumer Affairs,…
Govt seeks suggestions for utilisation of unclaimed deposits in small savings schemes

Govt seeks suggestions for utilisation of unclaimed…

Mumbai, Oct 10 (KNN) The National Savings Institute has issued a notification inviting suggestions/ideas on proper utilisation of deposits lying unclaimed…