Lucknow, Sep 11 (KNN) Refuting the claims that auto sector is witnessing slowdown because of increased use of Ola and Uber kind of taxi services, a city based MSME entrepreneur cum former President of Indian Industries Association has said the claims are not based on data.
The Cotton Association of India (CAI) has lowered its import estimate for the season in view of actual shipments reaching Indian ports being lower than estimated previously.
The Narendra Modi-government’s decision to start a fresh round of consultations with industry to help them tide over the crippling effects of a slowdown needs to be welcomed.
New Delhi: The Reserve Bank of India mandating banks to link certain loans to the external benchmark-based interest rate from 1 October is credit negative to the lenders as it will limit their flexibility in managing risks, Moody's Investors Service said on Tuesday.
Mumbai: The rupee opened on a cautious note and fell 13 paise to 71.84 against the US dollar in early trade on Wednesday amid rising crude oil prices and unabated foreign fund outflows.
New Delhi, Sep 10 (KNN) The Commerce Ministry has clarified that export incentive scheme Merchandise Exports from India Scheme (MEIS) has not been discontinued from August 1 this year and an inter-ministerial consideration is going on for continuation of 2 percent increase for labour intensive sectors.