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Growth in technical textiles not to the mark as expected, industries unaware of government schemes and benefits: Textile Commissioner

Growth in technical textiles not to the…

New Delhi, May 30 (KNN) Talking about the Indian technical textile industry, Dr Kavita Gupta, Textile Commissioner, Ministry of Textile, Government of India,…

A day ahead of pay day most Public Sector Bank employees on strike today

A day ahead of pay day most…

New Delhi, May 30 (KNN) Nearly one million bank employees of public sector banks are on strike today across the country impacting the banking transactions.

RBI’s move such as banning LoUs, Letters of Comfort has increased cost of funds for exporters: FIEO Chief

RBI’s move such as banning LoUs, Letters…

New Delhi, May 29 (KNN) Exporters’ apex body in India FIEO is optimistic that the country’s exports could reach approximately USD 350 billion…

Banks to go on 2 day nation-wide strike from tomorrow

Banks to go on 2 day nation-wide…

New Delhi, May 29 (KNN) The Bank Union has called for a nation-wide bank strike for two days commencing from May 30, 2018.

Following the decision…

Implementation date of track & trace system for export of drug formulation extended for SSIs, non-SSIs

Implementation date of track & trace system…

New Delhi, May 29 (KNN) The Commerce Ministry had earlier this month extended the implementation date of the Track and Trace or bar-coding system for export…

Jharkhand CM promises 1 lakh jobs to youth

Jharkhand CM promises 1 lakh jobs to…

New Delhi, May 29 (KNN) The Jharkhand government is committed to provide regular source of income to 1 lakh youth through skill development schemes, Chief…

Jharkhand a role model for others states in implementing govt schemes: KVIC Chairperson

Jharkhand a role model for others states…

New Delhi, May 29 (KNN) Khadi and Village Industries Commission (KVIC) Chairperson Vinai Kumar Saxena praised Jharkhand State Khadi and Village Industries…

KVIC achieves landmark growth through PMEGP in last 4 years

KVIC achieves landmark growth through PMEGP in…

New Delhi, May 29 (KNN) In the last four years, the Khadi and Village Industries Commission (KVIC) has provided job opportunities to 14,75,888 persons at…

FICO demands reintroduction of International Cooperation Scheme and CLCS Scheme to facilitate MSMEs

FICO demands reintroduction of International Cooperation Scheme…

New Delhi, May 29 (KNN) In a recent meeting with PGS Rao, Director, Ministry of the MSME, Government of India, Federation of Industrial and Commercial organization…

Banks disbursed Rs 6 lakh crore to 12 crore beneficiaries under Mudra Yojana: PM Modi

Banks disbursed Rs 6 lakh crore to…

New Delhi, May 29 (KNN) During an interaction with beneficiaries of the Mudra Yojana (PMMY) scheme, Prime Minister Narendra Modi said that Rs 6 lakh crores…

Banks in Bhopal shifting focus from agriculture to MSME under annual credit plan; facilitated 122% credit to MSMEs

Banks in Bhopal shifting focus from agriculture…

New Delhi, May 29 (KNN) Under annual credit plan, Banks in Bhopal have facilitated 122 percent credit to MSME sector against the set target. The focus of…

Handlooms, Handicraft, Leather, Marine, Sports Goods and Toys sectors provided duty free entitlements

Handlooms, Handicraft, Leather, Marine, Sports Goods and…

New Delhi, May 29 (KNN) The labour intensive sectors which are mostly  micro, small and medium enterprises (MSMEs) like Handloom, Handicraft, Leather,…

Time for task force to review Income Tax Law 1961 and draft New Direct Tax Law extended

Time for task force to review Income…

New Delhi, May 29 (KNN) The term of the Task Force constituted to review the existing Income-tax Act, 1961 & to draft a New Direct Tax Law in consonance…

No change in the GST law and taxation relating to farmers since July, 2017, clarifies Finance Ministry

No change in the GST law and…

New Delhi, May 29 (KNN) There has been no change in the Goods & Services Tax (GST) law and taxation related to farmers, clarified the Ministry of Finance.

Muslin Products in high demand at Biswa Bangla outlets

Muslin Products in high demand at Biswa…

New Delhi, May 28 (KNN) The sale of muslin products at Biswa Bangla outlets in Bengal and Delhi has been rising steadily. The Royal hand-made fabric is…

CAIT files objection petition against Walmart-Flipkart deal at CCI

CAIT files objection petition against Walmart-Flipkart deal…

New Delhi, May 28 (KNN) The Confederation of All India Traders (CAIT) has filed an objection petition at Competition Commission of India (CCI) against the…

Cashew Industry of Kollam district facing crisis due to price disparity of raw material, less incentives for exports: KSCDC

Cashew Industry of Kollam district facing crisis…

New Delhi, May 28 (KNN) The Cashew industry in Kollam district of Kerala has been facing severe crisis from past few months which has led to closure of…

Aye Finance disburses 60,000 loans worth INR 700 crores to MSMEs

Aye Finance disburses 60,000 loans worth INR…

New Delhi, May 28 (KNN) The Gurgaon-based Micro, Small and Medium Enterprises (MSME) lender Aye Finance has disbursed 60,000 loans to the sector till date,…

India’s growth story continues to be region specific if the credit release is any indication

India’s growth story continues to be region…

New Delhi, May 28 (KNN) India’s much hyped growth story is limited to some regions and may be completely unknown in populous states like Uttar Pradesh.

NITI Aayog set to open a window of public data for startups via a portal to promote innovation

NITI Aayog set to open a window…

New Delhi, May 28 (KNN) To promote startups in the country and facilitate them, NITI Aayog will soon launch a new portal that will open the floodgate of…