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UP hoteliers hail subsidy from State Government

UP hoteliers hail subsidy from State Government

New Delhi, Jan 16 (KNN) Uttar Pradesh Government led by Akhilesh Yadav is set to award a cash subsidy of Rs. 10 Crore to investors interested to set up hotels…
SIDBI to extend risk capital assistance for MSMEs

SIDBI to extend risk capital assistance for…

New Delhi Jan 16 (KNN) Small Industries Development Bank of India (SIDBI), has extended risk capital assistance of close to Rs 1,100 crore to 500 MSMEs. SIDBI,…
CBDT takes initiatives to reduce litigation, grievance of taxpayers

CBDT takes initiatives to reduce litigation, grievance…

NNew Delhi, Jan 16 (KNN)  With an objective to reduce litigation with the taxpayers, Central Board of Direct Taxes (CBDT) has issued a circular revising…
CBDT calls for expeditious IT refund of smaller amounts

CBDT calls for expeditious IT refund of…

New Delhi, Jan 16 (KNN)  In an initiative to reduce taxpayers grievances and enhance their satisfaction, the Central Board of Direct Taxes hadissued…
Commercial tax dept. of Bihar signs Mou with DGFT on Foreign Exchange Data Sharing

Commercial tax dept. of Bihar signs Mou…

New Delhi Jan 16 (KNN) Commercial tax department of Bihar signed a Memorandum of Understanding (MoU) with Directorate General of Foreign Trade (DGFT) for sharing…
PSUs need to increase procurement from MSMEs: Kalraj Mishra

PSUs need to increase procurement from MSMEs:…

Thane Jan 16 (KNN) Union Micro, Small and Medium Enterprises (MSME) Minister Kalraj Mishra said that Procurement by public sector undertakings (PSUs) and government…
This is nascent stage for 'startups' in India : says co-founder of Torqus systems

This is nascent stage for 'startups' in…

New Delhi Jan 16 (KNN) Torqus Systems, a start-up founded with a view to streamline and automate the FnB industry , has been trailing the path of success since…
Petrol cut by 32 paise, Diesel by 85 paise per litre

Petrol cut by 32 paise, Diesel by…

New Delhi Jan 16 (KNN) In an effort to give some relaxation to the consumers, Government has slashed the rates of petrol and Diesel by 32 paise and 85 paise…
'Start-Up India' movement kicks off in Delhi

'Start-Up India' movement kicks off in Delhi

New Delhi Jan 16 (KNN) Prime Minister Narendra Modi’s one of the most ambitious project Start-Up India has been launched by Union Finance Minister Arun…
DBT & BIRAC to participate in Bharat Innovation Fund

DBT & BIRAC to participate in Bharat…

New Delhi Jan 15 (KNN) The Government of India’s Department of Biotechnology (DBT), along with the Biotechnology Industry Research Assistance Council…
Tamil Nadu MSMEs welcome measures by CM; ask for further relief

Tamil Nadu MSMEs welcome measures by CM;…

New Delhi Jan 15 (KNN)  As a relief measure to the flood affected areas in Tamil Nadu, Chief Minister Jayalalithaa has disclosed various steps to boost…
PM to launch 'Start-up India' movement tomorrow

PM to launch 'Start-up India' movement tomorrow

New Delhi, Jan 15 (KNN)  Prime Minister, Narendra Modi, will launch the "Start-up India" movement aimed at celebrating the entrepreneurship…
Environment Min revises standards for effluent treatment plants in industrial clusters

Environment Min revises standards for effluent treatment…

New Delhi, Jan 15 (KNN)  With a view to minimising water pollution, the Ministry of Environment, Forest and Climate Change has notified the revised standards…
Fiscal consolidation will not be compromised in upcoming Budget: Finance Ministry

Fiscal consolidation will not be compromised in…

New Delhi Jan 15 (KNN)  Ahead of the Union Budget, the Centre which is up against a fiscal deficit said that it is committed to promoting and strengthening…
December wholesale price index contracts 0.73%

December wholesale price index contracts 0.73%

New Delhi, Jan 15 (KNN)  The annual rate of inflation, based on monthly WPI, stood at -0.73 per cent for the month of December, 2015 (over December, 2014)…
Khadi Bhawan to open in Varanasi: MSME Minister

Khadi Bhawan to open in Varanasi: MSME…

Varanasi Jan 15 (KNN) With a view to making khadi a competitive brand, Union Micro, Small and Medium Enterprises (MSME) Minister, Kalraj Mishra said that a…
RBI should intervene regularly to keep check on rupee's value, say economists

RBI should intervene regularly to keep check…

New Delhi Jan 15 (KNN)  Indian economy has witnessed the weakest fall in rupee since September 2013 creating a ruffle among the economists about the impact…
TN CM takes steps to boost MSME sector hit by floods

TN CM takes steps to boost MSME…

Chennai Jan 15 (KNN)  In an effort to provide a fillip to entrepreneurs from the Micro, Small and Medium Enterprise (MSME) sector hit by e trecent floods…
India's GDP forecast for 2016 downgraded from 8.2% to 7.5%

India's GDP forecast for 2016 downgraded from…

New Delhi, Jan 15 (KNN)  A report by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has downgraded GDP growth forecast…
Rupee at its lowest since September 2013

Rupee at its lowest since September 2013

New Delhi Jan 15 (KNN)  The Rupee is continuing its downward trend to weaken further and slipping to a low of Rs 67.44 against the dollar today. …