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SMEs in Gujarat raise spending on IT infra

SMEs in Gujarat raise spending on IT…

Ahmedabad, May 28 (KNN)  Small and Medium Enterprises (SMEs) in Gujarat are putting more money into information technology (IT), seeking right technology to ease their…
IT dept sends letters to tax defaulters

IT dept sends letters to tax defaulters

New Delhi, May 27, (KNN) The income tax department has sent letters to 35,000 alleged tax defaulters as part of its attempt to make collection system more accountable.  
Punjab to professionalise ITIs

Punjab to professionalise ITIs

Chandigarh, May 27 (KNN) With an intention to professionalise the technical education in the state ,the Punjab government will be availing services of a management agency for…
Odisha, WB transmission firms on face-lift mode

Odisha, WB transmission firms on face-lift mode

Bhubaneswar, May 27 (KNN) Power Transmission Companies in West Bengal and Odisha are taking steps to procure new equipment and modernize their procurement procedures respectively.
Aromatherapy, perfumery training for entrepreneurs in Dehradun

Aromatherapy, perfumery training for entrepreneurs in Dehradun

Dehradun, May 27 (KNN) Micro and small entrepreneurs will get to learn more about the aromatherapies, perfumery and essential oil at a workshop in Dehradun being organised…
Carrot and stick policy by tax admin to business firms

Carrot and stick policy by tax admin…

New Delhi, May 27 (KNN) It is a carrot and stick policy being adopted by the tax authorities. On instructions from Finance Minister P Chidambaram, those business firms which…
Centre promises boost for manufacturing in AP

Centre promises boost for manufacturing in AP

Hyderabad, May 27 (KNN) Andhra Pradesh will get a boost for its manufacturing industries with the Centre announcing a decision to facilitate National  Investment and Manufacturing…
RBI extends interest subvention for exporters till March 2014

RBI extends interest subvention for exporters till…

New Delhi, May 24 (KNN) Reserve Bank of India today widened the interest subvention scheme of 2 per cent by adding six more textile items like blankets, curtains, table linen…
RBI relaxes norms for opening Coop banks branches

RBI relaxes norms for opening Coop banks…

New Delhi, May 24 (KNN) Reserve Bank of India today announced relaxing procedure for opening branches by Urban-Cooperative Banks. Now only one copy of Annual Business Plan…
RBI to relax norms for hedging by exporter, importers

RBI to relax norms for hedging by…

Mumbai, May 24 (KNN) Reserve Bank of India (RBI) plans to allow exporters and importers to rebook and cancel up to 50 per cent of their total hedged exposure from…
Freight Corridor to reduce transportation time span by 60%

Freight Corridor to reduce transportation time span…

New Delhi, May 24 (KNN) The 3,300-km dedicated freight corridor (DFC) of the railway, at an estimated cost of R 95,000 crore, is one of the country’s most ambitious infrastructure…
Govt to clarify position on FDI in multi brand retail

Govt to clarify position on FDI in…

New Delhi, May 24, (KNN) Government will soon issue clarification on its Foreign Direct Investment (FDI) policy relating to investment in multi brand retail and other issues…
RBI asks states to improve governance

RBI asks states to improve governance

Mumbai, May 24 (KNN) Concerned over spate of scandals involving  chit funds and…

Exim Bank asks government to redefine MSMEs

Exim Bank asks government to redefine MSMEs

Mumbai, May 24 (KNN): Export-Import Bank of India (Exim Bank) has asked the government to revise the definition of micro, small and medium enterprises (MSMEs) to make exports…
Non-performing assets in SMEs are a challenge: SBI

Non-performing assets in SMEs are a challenge:…

Kolkata, May 24 (KNN) The non-performing assets in small and medium enterprises (SMEs) and agriculture are a challenge for State Bank of India (SBI) which has suffered 18.5…
Govt approves 4-laning of Dimapur-Kohina highway in Nagaland

Govt approves 4-laning of Dimapur-Kohina highway in…

New Delhi, May 24 (KNN) The Centre has approved the 4-laning of Dimapur-Kohima National Highway in Nagaland at a total cost of Rs 1,089.87 crore. 

"The…
Goods manufactured in India will also be duty free at airports

Goods manufactured in India will also be…

New Delhi, May 24 (KNN) In a bid to promote the goods made in India, the government has allowed sale of goods manufactured in the country, free of excise duty, to incoming…
Govt relaxes limit for market development assistance

Govt relaxes limit for market development assistance

New Delhi, May 23, (KNN)  Government today raised the limit of freight on board shipment from Rs 15 crore to Rs 30 crore for availing Market Development…
Four lakh new micro enterprises to generate 32 lakh jobs

Four lakh new micro enterprises to generate…

New Delhi, May 23 (KNN) To create employment opportunities for around 32 lakh unemployed youth, the Ministry of Micro, Small and Medium Enterprises (MSME)…
Pharma exports to EU must comply with stricter rule

Pharma exports to EU must comply with…

New Delhi, May 23 (KNN) Exporters of pharmaceutical products to the European Union (EU) will now require a written confirmation from the Indian government…