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Economy

Slowdown impact: credit to mfg declines

Slowdown impact: credit to mfg declines

New Delhi, Apr 5 (KNN) Thanks mainly to the economic downturn, the growth in credit offtake to the manufacturing sector has declined to 14.7 per cent in February this year…
Low expectation of policy rate cut in annual monetary policy review

Low expectation of policy rate cut in…

New Delhi, Apr 4 (KNN) The Reserve Bank of India will review the annual Monetary Policy for 2013-14 on May 3 amidst low expectation of revision in policy interest…
Coop banks can lend more to priority sector as unsecured loans

Coop banks can lend more to priority…

New Delhi, Apr 3 (KNN)  In an effort to step up priority sector lending which goes to MSMEs among others, the Reserve Bank of India today allowed Urban…
MSME to be major source of jobs says PM

MSME to be major source of jobs…

New Delhi, Apr 3 (KNN) Prime Minister Manmohan Singh today extended support to small and medium enterprises (SMEs), stating they will be a major source…
CREDAI unhappy with 1 per cent TDS on property deals

CREDAI unhappy with 1 per cent TDS…

Bangalore, Apr 1 (KNN) Confederation of Real Estate Developer's Associations of India (CREDAI), has sought withdrawal of Budget proposal to levy 1 per…
Sebi does away with physical filing of KYC documents to KRAs

Sebi does away with physical filing of…

New Delhi, Mar 30 (KNN) Securities and Exchange Board of India has done away with the submission of physical documents by investors to the KYC Registration Agencies (KRAs)…
Third party insurance raised upto 20pc; transporters upset

Third party insurance raised upto 20pc; transporters…

New Delhi, Mar29 (KNN) Rates for the third party insurance for private cars and vehicles for goods in the public carrier category will go up by 20 per cent with a cascading…
CBEC offices to remain open on weekend

CBEC offices to remain open on weekend

New Delhi, Mar 29, (KNN) Central Board of Excise and Customs (CBEC) offices were opened yesterday and will be working today and on Sunday also to facilitate tax, excise and…
Exports slowdown is spelling serious problems for country finances

Exports slowdown is spelling serious problems for…

Mumbai, Mar 28, (KNN) Decline in merchandise exports mainly observed in items like engineering , petroleum products, textiles and iron ore have led to a situation where India…
Markets end in green on last day of March series

Markets end in green on last day…

New Delhi, Mar 28 (KNN) The BSE Sensex closed at 18,865.36, up 160.83 points or 0.86 per cent. The Nifty too saw a pull back on the last day of the March series…

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