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Economy

RBI asks NBFCs to shift to new CTS based cheques

RBI asks NBFCs to shift to new…

Mumbai, Nov 6 (KNN) In a move to standardise and enhance security features on cheque leaflets, the Reserve Bank of India (RBI) has asked all Non-bank…
Indian Railways to hold vendors meet

Indian Railways to hold vendors meet

New Delhi, Nov 6 (KNN)  In order to provide market support to the MSME sector and to encourage more and more MSMEs to become vendors of the Railways,…
Impact of inflation higher on the rich: PHD Chamber

Impact of inflation higher on the rich:…

New Delhi, Nov 5 (KNN) The degree of differential between inflation among goods used by people of high income group and that of low income group revealed that…
Security concerns, high fuel price pushes e-commerce by 250%, Delhiites top the list

Security concerns, high fuel price pushes e-commerce…

New Delhi, Nov 2 (KNN) E-commerce business is surging by 250 per cent this Diwali, as shoppers avoid risk of moving in the crowded markets and e-retailers easy accessibility…
High Sept CPI-inflation to put pressure on wage cost

High Sept CPI-inflation to put pressure on…

New Delhi, Nov 1 (KNN) The Consumer Price Index for industrial workers (CPI-IW)  increased by a hefty 10.70 per cent for September 2013 year on year (YOY),…
SBH hopeful about MSMEs 20% contribution to its advances by FY15

SBH hopeful about MSMEs 20% contribution to…

Hyderabad, Oct 31 (KNN)  The State Bank of Hyderabad (SBH) is hoping that the micro, small and medium enterprises (MSMEs) will contribute 19-20 per cent…
Deadline to send comments on Damodaran Committee Report ends today

Deadline to send comments on Damodaran Committee…

New Delhi, Oct 31 (KNN)  Today is the last day for sending comments on the Damodaran Committee report, also known as the Report of the Committee for Reforming…
RBI ups lending rates; but promises more finance to MSMEs

RBI ups lending rates; but promises more…

Mumbai, Oct 29 (KNN) The Reserve Bank of India (RBI) today increased the benchmark lending rate by 0.25 percentage points but its governor,…
India slips to 134th rank in terms of ease of doing business

India slips to 134th rank in terms…

New Delhi, Oct 29 (KNN)  India slipped further to 134th rank from 132nd in terms of ease of doing business index, according to World Bank report, coming…
Lukewarm cracker sales this Diwali

Lukewarm cracker sales this Diwali

New Delhi, Oct 28 (KNN)  A sharp rise of about 40 per cent in prices of firecrackers has led to a steep decline in sales from production centres like…