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Economy

Nachiket Committee Report on financial inclusion being examined

Nachiket Committee Report on financial inclusion being…

Mumbai, Jan 28 (KNN) Announcing  an increase in the policy interest rate by 0.25 percentage points, the Reserve Bank of India (RBI) today said that the…
Exim Bank to provide USD 19.50 million credit to Vietnam

Exim Bank to provide USD 19.50 million…

Mumbai, Jan 27 (KNN) Export-Import Bank of India (Exim Bank) has entered into an agreement with the Government of the Socialist Republic of Vietnam, for providing…
Cluster infra to come up in PPP model

Cluster infra to come up in PPP…

Hyderabad,  Jan 27 (KNN) The government  will soon launch a new version  of PURA (Provision of Urban Amenities in Rural Areas) under which the…
CII Partnership Summit begins today

CII Partnership Summit begins today

Bengaluru, Jan 27 (KNN)  Over 1000 delegates from 45 countries are here today to attend the CII Partnership Summit which while highlighting investment…
Bank notes issued prior to 2005 will continue to be legal, clarifies RBI

Bank notes issued prior to 2005 will…

Mumbai, Jan 24 (KNN) Complying with the standard international practice to withdraw old series notes, RBI has decided to withdraw banknotes issued prior to…
Credit growth to industrial sector slowed to 14.1% in December 2013

Credit growth to industrial sector slowed to…

Mumbai, Jan 24 (KNN) Due to the sluggish economic growth, the credit growth to the industrial sector witnessed slowdown on a year-on-year basis with the small…
Procedure for pan allotment process to change from Feb

Procedure for pan allotment process to change…

New Delhi, Jan 24 (KNN)  The procedure for PAN allotment process will change with effect from February-3 according to a notification from the Ministry…
RBI makes NBFCs loan recast flexible

RBI makes NBFCs loan recast flexible

Mumbai, Jan 23 (KNN) The Reserve Bank of India (RBI) has announced new guidelines giving more flexibility to the non-banking finance companies (NBFCs) to deal…
GDP growth to slow down to 4.8% in current fiscal: FICCI Survey

GDP growth to slow down to 4.8%…

New Delhi, Jan 24 (KNN)  Findings of FICCI’s latest economic outlook survey have pointed to continued signs of moderation in economic activity,…
Govt formulates guidelines for third party audit

Govt formulates guidelines for third party audit

New Delhi, Jan 23 (KNN) The government has formulated guidelines to provide for a third party audit by the public authorities of the proactive disclosures…