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Economy

Rajan says drop in investment is affecting growth in India

Rajan says drop in investment is affecting…

Hong Kong, Nov 20 (KNN) The growth in India is being affected by a drop in public and private investments, said Reserve Bank of India (RBI) chief Dr Raghuram…
China again lowers the interest rate - likely to pinch Indian Exporters even more

China again lowers the interest rate -…

New Delhi, Nov 20 (KNN) China's central bank cut interest rates on Friday in another attempt to resuscitate a slowing economy. The People's Bank of…
RBI employees' mass leave hits major banking services like cheque clearance and more

RBI employees' mass leave hits major banking…

New Delhi, Nov 19 (KNN) With the Reserve Bank of India (RBI)  employees on ‘mass casual leave’ today protesting against reform measures of…
Govt launches Technology Acquisition & Development Fund under National Mfg Policy to boost MSMEs

Govt launches Technology Acquisition & Development Fund…

New Delhi, Nov 19 (KNN) Catalysing the manufacturing growth in MSME sector by bridging the technological gap at affordable price, Minister of State for Commerce…
Govt announces 3% interest subsidy to boost exports

Govt announces 3% interest subsidy to boost…

New Delhi, Nov 18 (KNN) In a major boost to the MSME exporters, the Cabinet Committee on Economic Affairs has approved for Interest Equalisation Scheme (earlier…
Government enhances duty drawback rates to boost falling exports

Government enhances duty drawback rates to boost…

New Delhi, Nov 17 (KNN) In the wake of falling exports since last 11 months, the government has notified the Schedule of revised All Industry Rates of Duty…
Inflation of manufactured products from the MSME sector remains unchanged in Oct

Inflation of manufactured products from the MSME…

New Delhi, Nov 16 (KNN) The wholesale price index (WPI) of the manufactured products group, which mainly consists of the items produced by the MSME sector,…
Rationalisation of ATF taxes to bring down airlines' operating costs, says study

Rationalisation of ATF taxes to bring down…

New Delhi, Nov 14 (KNN) Implementation of a reduced and uniform taxation structure on air turbine fuel (ATF) across all states will bring fuel costs largely…
Gold tumbles to 3-month low of Rs 25,950 per 10 gram

Gold tumbles to 3-month low of Rs…

New Delhi, Nov 13 (KNN) Even the Diwali sales failed to keep the gold demand up in the domestic markets, which lead to the gold prices slipping below the Rs…
Governing Council formed to oversee activities of National Investment and Infrastructure Fund

Governing Council formed to oversee activities of…

New Delhi, Nov 13 (KNN) With a view to maximizing economic impact mainly through infrastructure development in commercially viable projects, both greenfield…

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