New Delhi: Reaching out to small businessmen, including vegetable sellers, milkmen, weavers, artisans and newspaper vendors, Prime Minister Narendra Modi has said it is their small units that drive the Indian economy in reality, and
New Delhi: Rating agency Moody's today changed India's outlook to positive from stable, saying that the government is taking steps to improve economic strength and stressed that a rating upgrade could follow in about 12-18
New Delhi: A legislation on MUDRA Bank is expected to be introduced in Parliament within a year and it will incorporate provisions of the Micro Finance Institutions Bill that was prepared by the previous government,
Mumbai: Country's third-largest private sector lender Axis Bank today cut its base rate or the minimum rate of lending by 0.20 per cent to 9.95 per cent, following its larger peers who also cut their
New Delhi: Prime Minister Narendra Modi today launched a bank with a corpus of Rs 20,000 crore to extend credit of up to Rs 10 lakh to small businesses and regulate micro-finance institutions, to promote
New Delhi: Prime Minister Narendra Modi will today launch MUDRA Bank with a corpus of Rs 20000 crore and credit guarantee corpus of Rs 3,000 crore. The bank will refinance 'Micro-Finance Institutions' (MFIs) which will also
Mumbai:The Reserve Bank of India (RBI) today nudged banks to cut lending rates in line with the central bank's accommodative policy stance, stressing that the sooner it happens, the better it would be for the
Mumbai:The Reserve Bank today sounded optimistic about meeting the 6 per cent retail inflation target for January next year but sounded cautious about the new GDP forecast, projecting 7.8 per cent growth for the current
Mumbai: Reserve Bank Governor Raghuram Rajan today kept policy rate unchanged awaiting clarity on impact of unseasonal rains on food inflation even as he wanted banks to pass on benefits of previous two rate cuts.The
Mumbai: The Reserve Bank of India (RBI) will today announce its first bi-monthly monetary policy review of the current fiscal.India Inc has pitched for rate cut to boost economic activities, but the central bank may
New Delhi: Finance Minister Arun Jaitley on Monday said India will not be allowed to become a tax haven and that the government would provide a reasonable window of compliance to those who have stashed
Mumbai: The Reserve Bank of India (RBI) is to announce its first bi-monthly monetary policy review of the current fiscal on Tuesday, when it is widely expected to leave the repo rate, at which it
New Delhi: Ahead of the RBI's bi-monthly monetary policy review on Tuesday, the FICCI said on Sunday that any cut in interest rates would not be "adequate to stimulate investment in manufacturing" given the lack
New Delhi: Textile exporters are feeling let down by the new foreign trade policy (FTP), which they said has ignored the cotton yarn sector.While welcoming the macro aspects of the policy, Texprocil Chairman R K
Mumbai: India has unveiled its much delayed Foreign Trade Policy that aims to nearly double exports by 2020 to $900 billion. Announcing the policy on Wednesday, commerce minister Nirmala Sitharaman set a target to grow the
New York: India has been ranked a low 119 out of 130 countries on an index that measures business resilience of nations based on economic, risk quality and supply chain factors, dropping seven notches from
New Delhi: Taking a cue from Prime Minister Narendra Modi's love for yoga, the new Foreign Trade Policy envisages branding campaigns to promote yoga as a 'services export'."Branding campaigns are being planned for promoting exports
New Delhi: After two consecutive hikes, petrol prices were today cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates. The reduction in rates will be effective
NEW DELHI: Business-class air travel, investment in MFs and chit funds would become expensive with some of the service tax proposals announced in the Budget coming into effect from Wednesday. While eating out will also become
Mumbai: India continues to be the second most economically confident nation globally on the back of improved performance by industry and services sector, a report by global research firm Ipsos revealed.As per the "Ipsos Economic
Top News
Latest News
