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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…
Young entrepreneurs honoured for innovative solutions

Young entrepreneurs honoured for innovative solutions

New Delhi, Mar 25, (KNN)  Life on Wheels, Laadli and Electric Auto Rickshaws bagged the first three awards during the grand finale of the Next Great Entrepreneur…
Chiranjeevi asks Chidambaram for additional budgetary allocation for tourism

Chiranjeevi asks Chidambaram for additional budgetary allocation…

New Delhi, Mar 23, (KNN) Union Tourism Minister K Chiranjeevi has asked the Finance Ministry for additional funds to set up 10 convention-cum-exhibition centres…
RBI authorises special clearing operations

RBI authorises special clearing operations

New Delhi, Mar 22, (KNN) RBI has decided to conduct special clearing operations at all clearing houses across the country on March 29, 30 and 31, 2013.
Promod, Le Creuset and Fossil among 12 govt approved FDI proposals

Promod, Le Creuset and Fossil among 12…

New Delhi, Mar 22 (KNN) The government has approved 12 Foreign Direct Investment (FDI) proposals including single brand retailers such as Promod, Le Creuset…
SME has majority voice in NASSCOM executive council election

SME has majority voice in NASSCOM executive…

New Delhi, Mar 22, (KNN) The Small and Medium Enterprises had majority representation in the election of an 18 member executive council for the National Association…
Rs 500 crore Pharma Venture Capital fund in offing

Rs 500 crore Pharma Venture Capital fund…

New Delhi, Mar 22 (KNN) The Planning Commission has received a proposal for the setting up of a 500 crore Pharma Venture Capital Fund for financing new drug…