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Economy

World Bank forecasts 6.7 per cent growth for India by 2015

World Bank forecasts 6.7 per cent growth…

New Delhi, May 2 (KNN) The World Bank on Tuesday estimated India’s GDP growth to 6.0 per cent for the current fiscal (2013-14) from its earlier estimated…
Economic reforms should result in tangible benefits for people: President

Economic reforms should result in tangible benefits…

New Delhi, May 2 (KNN)  Increased trade liberalization and economic cooperation would not count much unless they result in tangible benefits for our people,…
ADB invests USD 30 million in hydro and wind power plants

ADB invests USD 30 million in hydro…

New Delhi, May 2 (KNN)  Asian Development Bank (ADB) has signed an agreement with NSL Renewable Power Private Limited (NRPPL), a leading renewable energy…
IMF wants India to address infrastructure bottlenecks

IMF wants India to address infrastructure bottlenecks

New Delhi, May 2 (KNN) International Monitory Fund (IMF) Deputy Managing Director Naoyuki Shinohara has asked India to focus on basic infrastructure as investment in roads,…
RBI likely to lower cash reserve ratio to complement rate cut

RBI likely to lower cash reserve ratio…

New Delhi, May 1 (KNN)  With all signs pointing to inflation coming down, the Reserve Bank of India (RBI) is expected to cut interest rate by 0.25 percentage…
Compliance lessons for exporters

Compliance lessons for exporters

Agra, May 1, (KNN) Exporters from Uttar Pradesh will be given an expert presentation here on May 11, to ensure compliance for their shipments so that they…
IIFT turns fifty

IIFT turns fifty

New Delhi, May 1 (KNN)  Indian Institute of Foreign Trade (IIFT), a national institute of excellence celebrates its golden jubilee tomorrow.
 
State Bank of Hyderabad reserves Rs 9000 crore to fund MSMEs

State Bank of Hyderabad reserves Rs 9000…

Coimbatore, Apr 30 (KNN)  The State Bank of Hyderabad (SBH) with 39 MSME speciality branches across the country has reserved Rs 9,000 crore for providing…
Chinese trade surplus may increase by 10 % : ASSOCHAM

Chinese trade surplus may increase by 10…

New Delhi, Apr 27 (KNN) Chinese trade surplus with India may increase by 10 per cent to USD 44 billion by the end of the current year according to an ASSOCHAM analysis of bilateral…
Centre to raise import duty on rubber

Centre to raise import duty on rubber

Thiruvananthapuram, Apr 27 (KNN): Centre has decided to increase the import duty on rubber from Rs 20 to Rs 34 per kg considering the 'volatility' in the price of the…