It's about Business in Kerala!
Kochi: Hyundai Motor India Ltd (HMIL) today signed a Preferred Financier Agreement with Federal Bank to enable dealers of Hyundai vehicles to avail of inventory funding services from any of the 1,200 plus branches of Federal Bank across India.
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Trivandrum: Federal Bank has launched Payment Gateway facility for KSEB consumer bill payment. This facility enables KSEB consumers to make Bill payments online at ease. Using this facility, KSEB consumers having account with any Bank can pay their periodic electricity bills online using Debit card, Credit card and Net banking. The service is available to customers 24×7.
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Trivandrum: Industry representatives across various sectors in Kerala have welcomed the Union Budget presented by Finance Minister, Shri Arun Jaitley in Parliament today, and termed it as positive with lot of opportunities for the State.
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These are the major highlights of the Union Budget presented by Finance Minister, Shri Arun Jaitley in Parliament today, for the financial year 2016 – 2017. General provisions: 1. Foreign Exchange reserve at 350 Bn USD is the highest in 3 years. 2. Plan Expenditure increased instead of the normal practice of reducing it. 3. CPI inflation has come down to 5.4%. 4. Indian GDP has accelerated to 7.6% now. 5. FY 16 Current account deficit at 1.4% of the GDP.
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Trivandrum: The Thiruvananthapuram based Kerala Startup Mission and Kochi based Startup Village, both organisations promoting start-ups in Kerala, have welcomed the government’s allocation of more than Rs. 200 crores in the 2016-17 Budget for various schemes aimed at strengthening the startup ecosystem, saying it is the biggest amount set aside to promote youth entrepreneurship in the State’s history.
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