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Economy

CBIC Chair says tax rationalisation necessary for revenue efficiency

CBIC Chair says tax rationalisation necessary for…

New Delhi, May 13 (KNN) The Chairman of Central Board Indirect Taxes and Customs (CBIC) Vivek Johri said that tax rationalisation is necessary to ensure…

Interest rate hikes to be considered in RBI’s June meeting

Interest rate hikes to be considered in…

Mumbai, May 12 (KNN) The Reserve Bank of India (RBI) is expected to increase its inflation projection for the current financial year and consider hikes…

After PM, Piyush Goyal also asks Banks to shed lending conservatism

After PM, Piyush Goyal also asks Banks…

New Delhi, May 6 (KNN) All the key indicators such as jump in exports and high GST collection in April reflect that the country's economy is on the…

RBI raises repo rate by 40 basis points as inflation hits

RBI raises repo rate by 40 basis…

New Delhi, May 4 (KNN) In a bid to tame the rising inflation in the country, the Reserve Bank of India (RBI) has decided to raise the repo rate by 40 basis…

RBI: 12 years to overcome Covid losses, “Scars of the pandemic” report

RBI: 12 years to overcome Covid losses,…

New Delhi, April 30 (KNN) The Reserve Bank of India (RBI) expects the Indian economy to overcome losses arising out of the pandemic only by 2034-35. The…

MSME bank credit to grow at 12-14% in FY23: CRISIL

MSME bank credit to grow at 12-14%…

Mumbai, April 30 (KNN) CRISIL has projected a bank credit growth of 12-14 per cent for the micro, small and medium enterprises (MSMEs) in FY23.

Aim to make India a hub for semiconductors for the world: PM Narendra Modi

Aim to make India a hub for…

New Delhi, April 30 (KNN) Prime Minister Narendra Modi urged industry to make India a global hub for semiconductors, asserting that the government had put…

Qualcomm, MeitY partner to support Indian semiconductor startups

Qualcomm, MeitY partner to support Indian semiconductor…

New Delhi, April 30 (KNN) With an aim to empower homegrown semiconductor startups, chipmaker Qualcomm India will collaborate with the Ministry of Electronics…

Govt must find ways for Rupee-Rouble trade to help exporters: FIEO

Govt must find ways for Rupee-Rouble trade…

New Delhi, April 27 (KNN) The Federation of Indian Export Organisations (FIEO) has said that in order to help exporters dealing with economic sanctions…

Commerce Ministry identifies 102 items with 57.66% share in imports to map domestic production opportunities

Commerce Ministry identifies 102 items with 57.66%…

New Delhi, April 26 (KNN) The Ministry of Commerce and Industries has identified 102 items with a share of 57.66 per cent in total import from March-August…