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First tranche of Sovereign Gold Bonds 2015-16 receives good response: RBI

First tranche of Sovereign Gold Bonds 2015-16…

Mumbai, Dec 2 (KNN)  The first tranche of the Sovereign Gold Bond (SGB) which was open for subscription from November 5, 2015 to November 20, 2015 has…
ICAR releases 50 improved varieties of vegetables to give better returns to farmers

ICAR releases 50 improved varieties of vegetables…

New Delhi, Dec 2 (KNN)  The Indian Council of Agricultural Research has released as many as 50 improved varieties of vegetables that can be grown in hilly…
Master artisans, weavers to showcase creations at National Handicrafts Fair

Master artisans, weavers to showcase creations at…

New Delhi, Dec 2 (KNN)  Master artisans and weavers from all over India will participate in the National Handicrafts Fair starting at the national capital…
Yuan's inclusion as reserve currency shows IMF's recognition of China's economic development: People's Bank

Yuan's inclusion as reserve currency shows IMF's…

Beijing, Dec 1 (KNN) Including yuan in the Special Drawing Right (SDR) basket as its fifth reserve currency, shows the IMF's recognition of China's…
India's factory activity hits 25-month low at 50.3 in November

India's factory activity hits 25-month low at…

New Delhi, Dec 1 (KNN) India’s factory output fell for the fourth consecutive survey period and hit a 25-month low in November at 50.3 The reading was…
Set up a single-window clearance system for speedy approvals of SEZs: Assocham

Set up a single-window clearance system for…

New Delhi, Dec 1 (KNN) To arrest the exodus of investors from the SEZ scheme entirely benefitting the SEZs/FTZs/EZs in countries such as China, UAE, Malaysia,…
Companies get time till Dec 31 for filing annual returns, statements with MCA

Companies get time till Dec 31 for…

New Delhi, Dec 1 (KNN) Keeping in view the requests from various stakeholders, Ministry of Corporate Affairs (MCA) has extended the time for companies to file…
Early signs of turnaround visible in sectors like garments, drugs and more

Early signs of turnaround visible in sectors…

New Delhi, Dec 1 (KNN) The decline in exports was more moderate and early signs of a turnaround are visible in respect of readymade garments, drugs and pharmaceuticals…
WB govt gives in-principle approval to SME Industrial clusters; 55000 jobs to be generated

WB govt gives in-principle approval to SME…

Kolkata, Dec 1 (KNN) West Bengal government has given ‘in-principle’ approval to facilitate setting up of three small and medium industrial clusters…
MSME Ministry approves over 15 cluster proposals of Coir Board, KVIC

MSME Ministry approves over 15 cluster proposals…

New Delhi, Dec 1 (KNN) MSME Ministry gave approvals to over 15 cluster proposals of Coir Board and KVIC.

The MSME Ministry held consultations…
Credit deployment to medium enterprises steeply falling; lending to MSEs under PSL declining too

Credit deployment to medium enterprises steeply falling;…

Mumbai, Dec 1 (KNN) The sectoral deployment of credit to the medium enterprises sector fell steeply from -1.3% in Oct 2013-14 to --9.1% in Oct 2014-15. While…
RBI eases ECB Norms; MSMEs to benefit as cos can raise small value loans

RBI eases ECB Norms; MSMEs to benefit…

Mumbai, Dec 1 (KNN) In a move which would ease overseas borrowing rules for the local companies and MSME sector, the Reserve Bank of India (RBI) on Monday…
No rates cuts; RBI keeps key rates unchanged

No rates cuts; RBI keeps key rates…

Mumbai, Dec 1 (KNN) After slashing the key rates by 50 basis points in the previous monetary policy review in September, the Reserve Bank today decided to…
Financial criteria proposed by Aatre task force rule out MSMEs automatically: Defence Experts

Financial criteria proposed by Aatre task force…

New Delhi, Dec 1 (KNN) The ‘strategic partnership model’, recommended by the Defence Ministry’s Aatre task force, does not visualise MSMEs…
Fin Min expects economy to grow in the vicinity of 7.5% in FY 2015-16

Fin Min expects economy to grow in…

New Delhi, Dec 1 (KNN) The Finance Ministry is expecting the economy to grow in the vicinity of 7.5% during the current Financial Year 2015-16 and also observed…
India's October core sector output at 3.2% vs 3.2% in September

India's October core sector output at 3.2%…

New Delhi, Nov 30 (KNN) The combined Index of Eight Core Industries stands at 175.4 in October, 2015, which was 3.2 % higher compared to the index of October,…
Interim arrangement has been made for allowing paint industry use biocides: MSME Ministry

Interim arrangement has been made for allowing…

New Delhi, Nov 30 (KNN) An interim arrangement has been made for giving interim permission to the paint industry for use of biocides in paints, import of quantity…
Govt has granted 'in-principle' approval to 20 NIMZs, of which 12 are located outside DMIC region

Govt has granted 'in-principle' approval to 20…

New Delhi, Nov 30 (KNN) Government has granted “in-principle” approval to a total of 20 National Investment and Manufacturing Zones (NIMZs). Of…
UP has maximum no. of sick MSME units in India followed by Maharashtra and Gujarat

UP has maximum no. of sick MSME…

New Delhi, Nov 30 (KNN) Uttar Pradesh has the maximum number of sick units in India with Gujarat and Maharashtra at the second and third position. As per provisional…
Incorrect to conclude that majority of MSMEs receive payment only after 90 days or more: Giriraj Singh

Incorrect to conclude that majority of MSMEs…

New Delhi, Nov 30 (KNN) Though delayed payments is a major problem faced by the MSMEs, it is not correct to conclude that majority of MSMEs receive payment…

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