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Economy

Use bank notes without any fear, RBI on scribbled notes

Use bank notes without any fear, RBI…

Mumbai, Dec 31 (KNN) Advising the public to use bank notes without any fear, the Reserve Bank of India (RBI) today clarified that banks will accept all currency…
RBI allows loans up to Rs 1 lakh pledging gold

RBI allows loans up to Rs 1…

Mumbai, Dec 31 (KNN) In response to suggestions from banks and with a view to ensuring a level playing field among various market participants, the Reserve…
Inflation Indexed Bonds to be issued till March 31, 2014

Inflation Indexed Bonds to be issued till…

Mumbai, Dec 31 (KNN) The Reserve Bank of India (RBI) has extended the time for issuance of bonds linked to the consumer price inflation till March 31, 2014,…
VCES closes tomorrow; stern action from Jan 1: Govt

VCES closes tomorrow; stern action from Jan…

New Delhi, Dec 30 (KNN) Government today said there would be no extension beyond December 31 for the service tax Voluntary Compliance Encouragement…
Service tax offices to remain open on December 28-29

Service tax offices to remain open on…

New Delhi, Dec 28 (KNN)  All offices handling service tax will remain open tomorrow, on Sunday, as well to avoid last minute for rush those…
Govt appraises Rs 17,630 cr five port projects

Govt appraises Rs 17,630 cr five port…

New Delhi, Dec 28 (KNN)  To create an additional capacity of 150 MMTPA, the Public Private Partnership Appraisal Committee (PPPAC) has appraised five…
India's engineering exports to western countries decline: EEPC

India's engineering exports to western countries decline:…

New Delhi, Dec 27 (KNN) India’s engineering exports to the western countries such as US and Germany have declined during April-November this fiscal,…
ICRA to rate SME borrowers of PNB at low cost

ICRA to rate SME borrowers of PNB…

Kolkata, Dec 26 (KNN) The small and medium enterprises (SMEs), which are borrowers of Punjab National Bank (PNB) will be rated by the credit rating agency…
India lifts prohibition on export of wood charcoal to Bhutan

India lifts prohibition on export of wood…

New Delhi, Dec 24 (KNN) Relaxing the policy, the Indian government has lifted the restriction on exporting wood charcoal to Bhutan. 

RBI cautions users of Virtual Currencies including Bitcoins against risks

RBI cautions users of Virtual Currencies including…

Mumbai, Dec 24 (KNN) Expressing concern over the rise of "virtual currencies" that is reported to gain popularity among Net users, Reserve Bank of…