TIRUPUR: AIC-NIFTTEA Incubation Centre for Textiles and Apparels has signed a memorandum of understanding with ICAR-Central Institute for Research on Cotton Technology (CIRCOT) to promote ‘Salt free dyeing technology’ at its regional office in Coimbatore in Tamil Nadu.
Mumbai: The Reserve Bank of India’s newly constituted committee for MSME development has called for public suggestions on a list of seven underlying issues faced by the sector ranging from definition of MSME to infrastructural gaps and even the credit rating mechanisms in the industry.
An RBI-appointed panel Monday sought suggestions from the public on long-term solutions for economic and financial sustainability of MSME sector, including ways to improve credit rating mechanism to help them raise funds at competitive rates.
Kolkata: Reserve Bank of India has proposed a rule-based approach in fixing new Ways and Means limits for the state governments, replacing the previous expenditure-based system.
Senior officials from the Reserve Bank of India met about two dozen bankers on Monday for feedback on the central bank's new cash infusion tool, according to two bankers who attended the meeting.
Mumbai: The rupee edged 2 paise higher to 68.51 against the US dollar in early trade on Tuesday ahead of the Federal Reserve's policy meet. Besides the greenback's weakness against some currencies overseas, increased selling of the American currency by exporters as well as banks supported the rupee, forex dealers said.