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Economy

RBI move not to cut rate of borrowing

RBI move not to cut rate of…

New Delhi, Mar 19 (KNN) The industry, including the micro and small enterprises, today said the RBI decision to cut interest rates moderately will not translate…
RBI takes baby step, cuts policy rate by 0.25 percentage points; industry not impressed

RBI takes baby step, cuts policy rate…

Mumbai, Mar 19 (KNN) The Reserve Bank of India today announced a modest cut of 0.25 percentage points in the policy interest rates giving a clear signal that…
RBI asks tax-payers to avoid last hour rush

RBI asks tax-payers to avoid last hour…

New Delhi, March 18, (KNN) Reserve Bank of India today asked income tax assessees to remit their tax dues sufficiently in advance of the due date, stating that assessees can…
CAD reaches 5.4 per cent in Q2 of 2012-13

CAD reaches 5.4 per cent in Q2…

New Delhi, Mar 13, (KNN) India’s Current Account Deficit (CAD) as a percentage of Gross Domestic Product (GDP)…
WPI inflation accelerates to 6.84 per cent in Feb

WPI inflation accelerates to 6.84 per cent…

New Delhi, Mar 14 (KNN)The Wholesale Price Index rose faster than expected to 6.84 per cent in February, higher than the 6.54 per cent rise estimated by analysts,…
Most MSMEs belie reports of positive industrial growth

Most MSMEs belie reports of positive industrial…

New Delhi, Mar 12 (KNN) The industrial output in January grew by 2.4 per cent, showing an improvement over last year, although most of the sectors which are…
Govt identifies priority sector for trade expansion between India and ASEAN

Govt identifies priority sector for trade expansion…

New Delhi, Mar 11 (KNN) With an aim to expanding trade and economic cooperation between India and the ASEAN countries,…
World Bank President optimistic about India's growth story

World Bank President optimistic about India's growth…

New Delhi, Mar 11 (KNN) World Bank President Jim Yong Kim remained optimistic about the Indian economywhich is expected…
World Bank Group President on a three-day visit to India

World Bank Group President on a three-day…


New Delhi, Mar 11 (KNN) World Bank Group President Jim Yong Kim is on a three-day visit to India starting…
Inflow of foreign capital declines

Inflow of foreign capital declines


New Delhi, Mar 11 (KNN) Flow of Foreign Direct Investment (FDI) was lower than the potential level in 2010-2011,…