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Credit flow to exporters nosedive by over 54%; EEPC India urges RBI to resolve payment issues

Credit flow to exporters nosedive by over…

New Delhi, Jan 10 (KNN) Expressing concern over a sharp annualized drop of over 54% in the gross bank credit deployment in the export sector, Engineering…

Global Skill Summit 2019 begins today in Jharkhand; to facilitate 1,00,000 job offers

Global Skill Summit 2019 begins today in…

New Delhi, Jan 10 (KNN) In a bid to strengthen skilling, employability and industrial development in Jharkhand, a “Global Skill Summit 2019"…

AP CM unveils pylon of Ramayapatnam port

AP CM unveils pylon of Ramayapatnam port

Amaravathi, Jan 10 (KNN) AP Chief Minister N Chandrababu Naidu unveiled the pylon of Ramayapatnam port at Ravur village in Prakasam district today. At the…

32nd GST council meeting underway; Panel may decide on raising exemption threshold for MSMEs

32nd GST council meeting underway; Panel may…

New Delhi, Jan 10 (KNN) In todays’ 32nd Goods and Service Tax (GST) council meeting, the group of state finance ministers might reportedly recommend…

Steel Ministry urges domestic industry to use indigenously produced steel

Steel Ministry urges domestic industry to use…

New Delhi, Jan 10 (KNN) The Government expects the domestic production of value added steel to rise in view of modernization and expansion of integrated…

FIEO appreciate the proactive support to exports along with govt initiatives

FIEO appreciate the proactive support to exports…

New Delhi, Jan 10 (KNN) President of Federation of Indian Export Organizations (FIEO), Ganesh Kumar Gupta complimented Suresh Prabhu, Commerce & Industry…

Prabhu suggests increase in credit flow by banks to MSME exporters

Prabhu suggests increase in credit flow by…

New Delhi, Jan 10 (KNN) Observing the declining trend of export credit in recent months, Union Minister of Commerce & Industry and Civil Aviation, Suresh…

MSMEs not upbeat after meeting with RBI Governor

MSMEs not upbeat after meeting with RBI…

New Delhi, Jan 9 (KNN) Shaktikanta Das, the newly appointed Governor of Reserve Bank of India, met MSME representatives in New Delhi recently. He was…

GST evasion worth Rs 15278.18 crore detected during Apr-Dec: MoF

GST evasion worth Rs 15278.18 crore detected…

New Delhi, Jan 9 (KNN) On the basis of investigation conducted so far it emerges that the amount of tax involved in 3626 cases of GST evasion/violations…

Levy 3 stage GST to regulate tax system in a better manner: CAIT to Jaitley

Levy 3 stage GST to regulate tax…

New Delhi, Jan 9 (KNN) Confederation of All India Traders Association (CAIT) in a letter sent to Finance Minister Arun Jaitley today suggested levy of 3…

Proposals of 27 companies to expand operations in TN are approved

Proposals of 27 companies to expand operations…

New Delhi, Jan 9 (KNN) Proposals of 27 companies that will be expanding its operations in Tamil Nadu have been approved, Chief Minister of Tamil Nadu, Edappadi…

There is a growth of 2% in overall NPA rate of commercial lending: Report

There is a growth of 2% in…

New Delhi, Jan 9 (KNN) The overall Non-Performing Asset (NPAs) rate of commercial lending was at 17.5% in September,  2018 versus 15.5% in September,…

Expansion of MSMEs is necessary for empowerment of SCs, Tribes & Women: AP Industries Minister

Expansion of MSMEs is necessary for empowerment…

New Delhi, Jan 9 (KNN) In rural areas, expansion of Micro, Small and Medium Enterprises (MSMEs) are required in order to empower Scheduled Castes (SC),…

BBIA demands extension of state fiscal incentives for new MSE units and units under substantial expansion

BBIA demands extension of state fiscal incentives…

New Delhi, Jan 9 (KNN) MSME body, Bari Brahmana Industries Association (BBIA), has demanded extension of state fiscal incentives for new MSE units and units…

Prabhu exhorts all State Govts to set up a nodal agency dedicated for implementation of agricultural export policy

Prabhu exhorts all State Govts to set…

New Delhi, Jan 9 (KNN) Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu exhorted all State Governments to set up a nodal agency…

Aye Finance empowers 100,000 Indian micro businesses

Aye Finance empowers 100,000 Indian micro businesses

New Delhi, Jan 9, (KNN) Aye Finance, fintech lender backed by CapitalG (previously called Google Capital) announced that it has provided working capital…

As many as 88 bamboo treatment units approved under National Bamboo Mission

As many as 88 bamboo treatment units…

New Delhi, Jan 8 (KNN) As many as 88 Bamboo Treatment Units, 464 Product Development / Processing Units, 135 Infrastructure Projects for Promotion and Development…

Labour ministry drafting national policy on domestic workers

Labour ministry drafting national policy on domestic…

New Delhi, Jan 8 (KNN) Labour Ministry is drafting the national policy on domestic workers which will benefit nearly 40 lakh domestic workers, in a bid…

Govt is importing approximately 20 Lakh Metric Tonnes of urea: Minister

Govt is importing approximately 20 Lakh Metric…

New Delhi, Jan 8 (KNN) The Government is importing approximately 20 Lakh Metric Tonnes of urea from Oman India Fertiliser Company (OMIFCO), said Minister…

KASSIA appeals nation not to support ‘Bharat Bandh’ call given by central trade unions

KASSIA appeals nation not to support ‘Bharat…

New Delhi, Jan 8 (KNN) Disappointed with the decision of the Central Trade Unions to observe a two- day bandh on January 8-9, 2019 in support of their multiple…

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