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The Reserve Bank of India (RBI) on Monday said it has imposed a penalty of Rs 10 lakh on Union Bank of India for non-compliance with the directions on cybersecurity framework.

The 69th National Garment Fair, organised by The Clothing Manufacturers Association of India (CMAI), opened today at the Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai.

Nagpur, July 15 (KNN) Government has multiple schemes to facilitate startups through their seed capital program, incubation Centre promotion and also funding through different sources, said Dinesh Rai, former secretary Ministry of MSME.

As the deadline for e-commerce marketplaces to submit their reports proving compliance with the latest FDI guidelines approaches, the Reserve Bank of India is soon expected to come up with a mechanism for submission of such reports in line with the norms announced by the Industry Department in December last year, a senior government official said.

We are a 100 per cent EOU and manufacturer-exporter of textile readymade garments. We are getting garment orders from our buyer from USA and we have to import fabric from Pakistan.

Ludhiana: In view of the slump in the market, textile spinning mills are considering cutting down production and shutting down the units once a week. 

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