Banking & Finance

Govt. incetivizing MSMEs The Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017, with financial outlay of Rs.3,000 crores upto March, 2020. The government will provide necessary allocations for remaining period of scheme after assessment before March...

Product R&D and marketing plans lined up Chargebee's Indian origin founders. Chargebee, a SaaS subscription management and recurring billing solution, has secured US$18 Million in growth capital, led by New York-based Insight Venture Partners. The Series C investment also saw...

LTI's consultancy for Accudyne Accudyne Industries has selected Larsen & Toubro Infotech Ltd (NSE: LTI, BSE: 540005) as the transformation partner to provide IT Infrastructure & Security Management Services. Accudyne Industries is a leading global provider of precision engineered, process-critical...

Rupee seen at 67 to US dollar The outlook for India government bonds remains challenging but some value may be emerging after the sharp sell-off over the past six months, according to a Singapore bank. In addition to renewed supply...

RITES completes delivery 6-month ahead of schedule RITES deliver locomotives to Myanmar. Myanmar has taken deliver of 18 microprocessor controlled locomotives under the Indian Line of Credit from RITES Ltd of the Railway Ministry. Rajen Gohain, Minister of State of...

Support sort for Start-ups and innovations FICCI-Russian during bilateral trade talks in New Delhi on 19 Mar 2018. Russian Deputy Minister for Economic Development, Alexey Gruzdev, has called for innovative business strategies to raise Russia-India trade to US$30 billion by...

100 Taiwanese companies to join CDC park Taiwan's Century Development Corporation (CDC) has finalised plans to develop an industrial park on a 70-acre site near Aerospace park in Bengaluru. It has leased land from Karnataka Industrial Area Development Board at...

Feb post nominal export growth Indian exporters are worried about the big decelerating trend in export growth, saying it would impact the economy as a whole. The exports data for February, 2018 are not encouraging, said Ganesh Kumar Gupta, President...

No room for retaliation in Trade War India may be running an annual trade deficit of about US$150 billion, but a much higher level of imports than exports would not provide the country handle to retaliate, should the world witnesses...

Paper calls for fast-track housing development Minister Puri's updates on PMAY housing. Nearly 4 million houses have already been sanctioned under the Pradhan Mantri Awas Yojana (PMAY), a Prime Minister housing scheme to build 12-million houses by 2022. Stating this,...