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Economy

Banks eyeing MSMEs as lean times hit big corporates

Banks eyeing MSMEs as lean times hit…

New Delhi, Aug 27 (KNN)  With a large number of big corporates battling slowdown, more and more banks are eyeing the micro, small and medium enterprises…
RBI increases rate of interest subvention from 2 to 3% on export credit

RBI increases rate of interest subvention from…

Mumbai, Aug 27 (KNN) The Reserve Bank of India (RBI) has increased the rate of interest subvention from two to three per cent on pre and post-shipment rupee…
Demand for exports sops to MSMEs to be placed before Board of Trade

Demand for exports sops to MSMEs to…

New Delhi, Aug 26 (KNN) India can lower its trade deficit if the government promotes production of capital goods and incentivizes value added products besides…
Rupee scare overplayed; pegging levels done by reckless people: ASSOCHAM poll

Rupee scare overplayed; pegging levels done by…

New Delhi, Aug 24 (KNN) The scare around depreciation of rupee has been over-played so much so that it completely over-awed the Reserve Bank of India (RBI)…
No dues certificate not required from farmers for small loans upto Rs 50,000

No dues certificate not required from farmers…

New Delhi, Aug 24 (KNN)  Small loans to the tune of Rs 50,000 to small and marginal farmers amongst others will henceforth not require a no dues certificate. …
28 banks fail to achieve priority sector lending

28 banks fail to achieve priority sector…

Mumbai, Aug 24 (KNN) As many as 28 banks, including 16 from the public sector, have failed to achieve the 40 per cent target of overall priority sector lending…
Online EPF claim transfer soon

Online EPF claim transfer soon

New Delhi, Aug 23 (KNN) The Employees Provident Fund Organisation, India’s retirement fund manager, today said it will soon unveil an online transfer…
Industry hails govt's decision to ban duty-free import of flat TVs

Industry hails govt's decision to ban duty-free…

New Delhi, Aug 20 (KNN) In an effort to boost the domestic electronic market, the government has decided to impose a ban on duty-free import of flat screen…
Give bribe-free biz environment to small businesses, says WB Chief Economist

Give bribe-free biz environment to small businesses,…

New Delhi, Aug 19 (KNN)  World Bank's chief economist Kaushik Basu, today said that huge energy can be unleashed to revive growth in the Indian economy…
Makes better sense to import jewellery than gold

Makes better sense to import jewellery than…

New Delhi, Aug 19 (KNN)  With further increase of customs duty to 10 per cent on gold imports, importing finished jewellery makes better sense than crafting…