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Economy

Industrial production at nine month low; several sectors bleeding

Industrial production at nine month low; several…

New Delhi, Apr 11 (KNN)  Industrial production has touched a nine month low, showing an annualised drop of 1.9 per cent in February 2014 with several…
BSE SME closes with more gainers

BSE SME closes with more gainers

Mumbai, Apr 11, (KNN) As many as eleven companies listed on the BSE SME could gain today while only five of them registered losses.

In trading…
RBI allows 'direct to account' facility for rupee drawing arrangement

RBI allows 'direct to account' facility for…

Mumbai, Apr 11 (KNN) In order to facilitate receipt of foreign inward remittances directly into bank accounts of the beneficiaries, RBI has decided to allow…
RBI extends overseas borrowing interest rate norms till June

RBI extends overseas borrowing interest rate norms…

Mumbai, Apr 11 (KNN) The Reserve Bank will be continuing the existing guidelines on interest rates for overseas borrowings for another three months until June…
Walmart preparing to cater to small traders; shop-keepers

Walmart preparing to cater to small traders;…

New Delhi, Apr 9 (KNN)  Unfazed by political opposition by major parties like the BJP, world's largest retailer Walmart will open 50 wholesale stores…
RBI increases hedging limit to USD 250,000; keeps it unchanged for SMEs

RBI increases hedging limit to USD 250,000;…

Mumbai, Apr 9 (KNN)  The Reserve Bank of India (RBI) has liberalised the hedging limit for domestic investors to USD 250,000 from the existing USD 100,000…
Issue of Rs 10 denomination banknotes with inset letter 'A' in numbering panel

Issue of Rs 10 denomination banknotes with…

Mumbai, Apr 7 (KNN)  The RBI will soon be issuing new Rs 10 banknotes with the letter A inset in the numbering panels.

“The Reserve…
More losers than gainers on BSE SME today

More losers than gainers on BSE SME…

Mumbai, Apr 7 (KNN)  Market capitalisation of BSE SME listed companies reached Rs 6,016.24 crore in trading today, although it had more losers than gainers.
For calculation of NOF of NBFC, substance to take precedence over form: RBI

For calculation of NOF of NBFC, substance…

Mumbai, Apr 7 (KNN) While arriving at the Net Owned Figure (NOF), investment made by an Non-Banking Financial Institution (NBFC) in entities of the same…
BJP against FDI in multi-brand retail sector

BJP against FDI in multi-brand retail sector

New Delhi, Apr 7 (KNN)  The Bharatiya Janata Party (BJP) today released its 52 page election manifesto in which it has categorically stated that it will…