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Exports slowdown is spelling serious problems for country finances

Exports slowdown is spelling serious problems for…

Mumbai, Mar 28, (KNN) Decline in merchandise exports mainly observed in items like engineering , petroleum products, textiles and iron ore have led to a situation where India…
Markets end in green on last day of March series

Markets end in green on last day…

New Delhi, Mar 28 (KNN) The BSE Sensex closed at 18,865.36, up 160.83 points or 0.86 per cent. The Nifty too saw a pull back on the last day of the March series…
BRICS nations agree to boost MSMEs to foster employment

BRICS nations agree to boost MSMEs to…

New Delhi, Mar 28 (KNN) The BRICS nations including emerging economies India and China have agreed to increase cooperation and technological advancement in…
SMEs receive concession for registering chemicals

SMEs receive concession for registering chemicals

Bangalore, Mar 28 (KNN) The European Commission has lowered the fees and charges that small and medium sized enterprises (SMEs) have to pay to register chemicals.…
Govt releases 104 lakh tons sugar for open market sale

Govt releases 104 lakh tons sugar for…

New Delhi, Mar 28 (KNN) The Central Government has decided to make available 104 lakh tons of sugar, as non-levy quota for open market sale, for 6 months,…
India's Apr-Feb fiscal deficit at Rs 5.07 trillion

India's Apr-Feb fiscal deficit at Rs 5.07…

New Delhi, Mar 28, (KNN) India's fiscal deficit during the April-February period stood at Rs 5.07 trillion, or 97.4 per cent of the budgeted full fiscal…
Hotels reduce tariffs to enhance occupancy

Hotels reduce tariffs to enhance occupancy

New Delhi, Mar 28 (KNN)  Most hotels have had no option but to reduce tariffs despite reduced occupancy and increase in operational costs, owing to inflation…
RBI offices, banks to remain open on Mar 29, 30, 31

RBI offices, banks to remain open on…

New Delhi, Mar 28 (KNN) In order to provide greater convenience to eleventh hour tax payers, the Reserve Bank of India (RBI) has asked the agency banks to conduct special clearing…
Indian exporters have only USD 50 mn exposure to Cyprus, worries on Spain, Greece and Portugal

Indian exporters have only USD 50 mn…

New Delhi, Mar 28 (KNN)  India thankfully has only a USD 50 million export exposure to near-bankrupt Cyprus but the anxiety among the Indian exporters…
Free treatment of road accident victims on Gurgaon-Jaipur NH

Free treatment of road accident victims on…

New Delhi, Mar 26 (KNN) Saving precious lives, a memorandum of understanding (MoU) is signed today to launch a pilot project for cashless treatment of road accident victims…
Govt approves 6 FDI proposals worth over Rs 732 crore

Govt approves 6 FDI proposals worth over…

New Delhi, Mar 26 (KNN) The government on Tuesday approved 6 FDI proposals, including that of AirAsia Investment Ltd., Malaysia and SIDBI Social Venture Trust…
Markets end on a flat note ahead of public holiday and F&O series expiry

Markets end on a flat note ahead…

New Delhi, Mar 26 (KNN)  The stock market finally turned positive today, though marginally after remaining in the losing zone for the past seven sessions. …
CARE launches 'fundamental grading' of SMEs

CARE launches 'fundamental grading' of SMEs

New Delhi, Mar 26 (KNN) SMEs with better business fundamentals may find it easier to raise funds through the SME platform at stock exchanges in NSE and BSE…
Govt increases budgetary support to MSMEs to compete with China

Govt increases budgetary support to MSMEs to…

New Delhi, Mar 26, (KNN) The government has approved budgetary support of Rs 24,124 crore to Micro Small and Medium Enterprises in 12th plan (2012-17), a significant…
Railways reduces haulage charges to spur growth

Railways reduces haulage charges to spur growth

New Delhi, Mar 26 (KNN)  In an attempt to increase container traffic, the Indian Railways has reduced haulage charges for certain categories of containers…
Moily sets ambitious target of energy independence by 2030

Moily sets ambitious target of energy independence…

New Delhi, Mar 25, (KNN) Minister for Petroleum and Natural Gas M. Veerappa Moily has said that his government will work towards securing…
Govt gives aid worth Rs 145.74 crore to FPIs in 2012-13

Govt gives aid worth Rs 145.74 crore…

New Delhi, Mar 25, (KNN) Nearly thousand FPI units received Rs 145.74 crore for technological upgradation in the current year.

“The government has supported…
Govt panel reviewing duty refund rates visits Moradabad

Govt panel reviewing duty refund rates visits…

Moradabad, Mar 25, (KNN) A Finance Ministry appointed committee for redrawing the duty drawback rates for tax rebates on export items visited this city , famous for  handicrafts…
PM to take up large trade gap with China with Xi at BRICS summit

PM to take up large trade gap…

New Delhi, Mar 25 (KNN) Prime Minister Manmohan Singh who left for Durban (South Africa) today for the BRICS summit will meet China’s new President Xi…
Liberalised credit facilities help MSMEs grow

Liberalised credit facilities help MSMEs grow

New Delhi, Mar 25 (KNN) Liberalised credit facilities combined with customer friendly schemes by various banks are providing a much needed boost to the MSME…