Centre focusing on improving ease of doing business for MSMEs: Minister

The Centre says it is focusing on improving ease of doing business for micro, small and medium enterprises (MSMEs) to increase exports from the country. Speaking at a award function in New Delhi yesterday, MSME Minister Kalraj Mishra said, the focus of the government is on ease of doing business so ...

OMC pays state Rs 500 cr dividend

Govt to get Rs 726 crore via 2nd tranche of gold bond scheme

More than three lakh applications were received by the Banks during the Second Tranche of Sovereign Gold Bonds.Finance Ministry in a release said, during the second tranche of Scheme from 18th January to 22nd January this year subscription of 2790 Kilograms of gold amounting to Rs 726 crore was rece...

Govt signs loan deal with ADB for infra in Agartala & Aizwal

The Government today signed an 80million US dollar loan agreement with the Asian Development Bank (ADB) to continue improving infrastructure in Agartala and Aizwal. The loan is the third tranche of a 200 million US dollar financing facility under the North Eastern Region Capital cities Development I...

Asian share markets slip after sell-off on Wall Street

Asian share markets slipped today after a late selloff on Wall Street, as investors were concerned the US Federal Reserve might continue raising rates despite a turbulent backdrop for financial markets and much of the global economy. MSCI's broadest index of Asia-Pacific shares outside Japa...

Asian share markets slip after selloff on Wall Street

Asian share markets slipped today after a late selloff on Wall Street, as investors were concerned the US Federal Reserve might continue raising rates despite a turbulent backdrop for financial markets and much of the global economy. MSCI's broadest index of Asia-Pacific shares outside Japa...

US Federal Reserve keeps key interest rate unchanged

US Federal Reserve has kept key interest rate unchanged and pledged to closely monitor developments in the global economy and financial markets. The Fed said yesterday that economic growth has slowed since it raised rates from record lows in December. For seven years until December, the Fed had kept...

US crude futures fall more than 1% in Asian trading

US crude futures fell more than 1 percent in Asian trading today, paring gains of nearly 3 percent in the previous session, after Russia held out the possibility of cooperating with OPEC to control global oversupply. Falls were capped, however, by a weaker dollar following the Federal Reserve&ap...

US stocks slide as Fed keeps rate hike prospects alive

US stocks finished firmly lower yesterday after the Federal Reserve suggested more interest rates were possible in 2016 despite economic uncertainty that has roiled markets. The Dow Jones Industrial Average fell 222.77 points (1.38 per cent) to 15,944.46. The broad-based S&P 500 dropped 20.6...

India overtakes Thailand as world's largest rice exporter

India has overtaken Thailand as the world's largest rice exporter in 2015, shipping 10.23 million tonnes. Thai Rice Exporters Association Chairman Charoen Laodhammatas said in Bangkok that Thailand exported 9.8 million tonnes of rice in 2015. He attributed the downturn to the global economy...