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Economy

Delhi discoms seek tariff revision; credit card payment without fee

Delhi discoms seek tariff revision; credit card…

New Delhi, Apr 25 (KNN)  Power distribution companies in the national capital known as discoms have approached the regulator for fixation of new tariff…
SMEs lending generates net profit growth for banks

SMEs lending generates net profit growth for…

New Delhi, Apr 24 (KNN)  When the income from other sources were going slow, country's top banks namely YES Bank, Corporation Bank…
RBI asks banks to stop insisting BCs on prefunding of their accounts

RBI asks banks to stop insisting BCs…

Mumbai, Apr 23 (KNN) In order to easily reach out to the customers in ‘hitherto unbanked areas of the country’ through the Business Correspondents…
RBI for two stage verification, use of public key infrastructure for safe online payments

RBI for two stage verification, use of…

Mumbai, Apr 23 (KNN)  With a view to stopping frauds in online banking, the Reserve Bank wants the banks to introduce two-stage authentication to ensure…
BSE SME market cap crosses Rs 6,800 crore; Learning Edge Academy gets listed

BSE SME market cap crosses Rs 6,800…

Mumbai, Apr 22 (KNN)  Even as market capitalisation of companies listed on the BSE SME platform reached Rs 6,822.57 crore in trading today, Learning Edge…
No non-compete permitted in FDI in pharma: RBI

No non-compete permitted in FDI in pharma:…

Mumbai, Apr 22 (KNN)  The Reserve Bank of India (RBI) has clarified that non compete clause would not be allowed except in special cases for foreign direct…
ECGC to help MSMEs through factoring service

ECGC to help MSMEs through factoring service

Hyderabad, Apr 22 (KNN) The Export Credit Guarantee Corporation of India (ECGC) will be providing direct factoring facility for micro, small and medium…
High wage pressure to stay in sync with high inflation

High wage pressure to stay in sync…

New Delhi, Apr 21 (KNN) The annual inflation based on the Consumer Price Index (CPI)- industrial workers and rural labour increased to 8.38 per cent and…
Firm count on BSE SME goes to 56; many more waiting

Firm count on BSE SME goes to…

Mumbai, Apr 21 (KNN) The total number of companies listed and traded on the BSE SME platform has increased as the market capitalisation of the firms on the…
NIFTEM to set up six pilot plants in food processing to help new entrepreneurs

NIFTEM to set up six pilot plants…

New Delhi, April 19 (KNN) The National Institute of Food Technology Entrepreneurship and Management (NIFTEM) is setting up six pilot plants to become business…

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