The country’s central bank has cut interest rates for the fourth time in a row. The repo rate cut has been cut by 35 basis points and now stands at 5.4%—the lowest since April 2010.
NAGPUR: Union transport minister Nitin Gadkari on Sunday said he had once recommended to the finance minister that the RBI governor “was no good and should be sacked outright”.
Lack of proper books of accounts, absence of a cost-effective and innovative credit rating mechanism suited for SMEs, and failure to embrace technology are some of the reasons that deprive formal credit to the Micro, small and medium-sized enterprises (MSMEs), felt the members of a panel discussing ‘Keeping Your Business Well Funded’, at the SME Conclave.
Three years ago, Elinor Pitt decided she wanted to address two issues she had become aware of in the UK's fabric industry. After originally training in electronic engineering, Elinor changed her career path in 2011 to that of interior design.
Jibril Tessa, a Human Resources Manager at the China Civil Engineering Construction Corporation (CCECC) is excited when he talks about his contribution to the construction of Adama Industrial Park, located 74 kilometers southeast of Ethiopia's capital Addis Ababa.
EXPORTERS want the government to allow garment and textile makers to keep their tax incentives, saying such will be crucial in getting multinationals fleeing the trade conflict to relocate to the Philippines.