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Economy

Got to live with high interest rates

Got to live with high interest rates

New Delhi, Jul 30 (KNN)  Industry and other borrowers will have to live with high interest rates as the Reserve Bank of India (RBI) today retained the…
Focus of PM Council to improve economy and instil optimism in industry

Focus of PM Council to improve economy…

New Delhi, Jul 30 (KNN)  The Prime Minister's Council on Trade and Industry met here yesterday to discuss ways to improve the economy and remove the…
Rural India wages growing in double digits

Rural India wages growing in double digits

New Delhi, Jul 29 (KNN)  Wages in rural India have been growing at over 20 per cent between 2010 and 2012, Reserve Bank of India said today.
Edible oil may go the 'onion way' prior to festivals

Edible oil may go the 'onion way'…

New Delhi, Jul 29 (KNN)   Edible oil is likely to go the 'onion way' during the forthcoming festive season, the Associated Chamber of Commerce…
Companies cautious over investments in manufacturing sector

Companies cautious over investments in manufacturing sector

New Delhi, Jul 27 (KNN)  Companies are cautious while taking decisions on new investments owing to the sluggish economic growth and deceleration of the…
KYC norms for small accounts relaxed

KYC norms for small accounts relaxed

New Delhi, July 26 (KNN) The Reserve Bank of India (RBI) has relaxed and simplified norms for opening small bank accounts with balance not exceeding Rs 50,…
Unfettered globalisation can lead to currency volatility in markets: Padmanabhan

Unfettered globalisation can lead to currency volatility…

Mumbai, Jul 25 (KNN)  The problem with the 'unfettered' internationalisation of the financial system is that it pushes the local fundamental…
Small businesses lax in complaining against banks

Small businesses lax in complaining against banks

From Gunja 
New Delhi, Jul 25 (KNN) When it comes to taking up complaints against banks, individual enterprises and partnership…
India seriously considers granting market economy status to Belarus

India seriously considers granting market economy status…

New Delhi, Jul 24 (KNN) India is seriously considering the issue of granting market economy status to Belarus within the framework of India’s Antidumping…
Canara Bank promotes entrepreneurship

Canara Bank promotes entrepreneurship

Bengaluru, Jul 23 (KNN)  The Canara Bank has provided loans worth Rs 37,016 crore  until March 2013 to micro, small and medium enterprises, said…