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News at a Glance

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Banks in dull phase to join with flourishing counterparts
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    Owing to surge in bad debts with public sector banks, there are plans to combine well doing banks with those that are languishing.
Posted On : 25/May/2016 2:12:26 PM View More & Comment (1710)

New low cost airline launched in Chennai
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    Scoot, a low cost carrier from Singapore Airlines, has been launched in Chennai.
Posted On : 25/May/2016 12:01:37 PM View More & Comment (2021)

Global Crude oil price of Indian Basket was US$ 45.89 per bbl on 23.05.2016
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    The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 45.89 per barrel (bbl) on 23.05.2016.
Posted On : 24/May/2016 8:30:12 PM View More & Comment (1233)

HDFC to launch new bank branches
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    HDFC, one of the private banks flourishing in India is likely to open 500 new branches across India during the ongoing financial year.
Posted On : 23/May/2016 4:54:03 PM View More & Comment (1970)

SpiceJet recorded consecutive fifth quarter profit
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    Budget air carrier SpiceJet Ltd. has finally crossed the line from loss to profit by improving its operational performance. Chairman and Managing Director Ajay Singh took over a year ago and has also cleaned up the legacy mess.
Posted On : 21/May/2016 10:54:24 AM View More & Comment (1147)

All India Bank Employees Association to go on strike on 20th
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    There will be national wide strike on 20th by the employees of 5 associate banks of the SBI since State Bank of India announced its merger plans.
Posted On : 18/May/2016 1:07:56 PM View More & Comment (3157)

Income Tax filing returns online: up by 68.5 percent in April
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    The procedure of filing Income Tax returns online has increased by 68.5 percent in the first month of the financial year,
Posted On : 18/May/2016 9:55:24 AM View More & Comment (1864)

Petrol Price Hiked by 83 Paise/Litre, Diesel by Rs. 1.26/Litre
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    Petrol Price on Monday was hiked by 83 paise per litre & diesel rate hiked by Rs. 1.26 per litre.
Posted On : 17/May/2016 9:45:14 AM View More & Comment (1471)

Retail price capped on cancer drug
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    The government has capped the price of the life saving drug trastuzumab at Rs. 55,800 per injection.
Posted On : 16/May/2016 10:03:25 AM View More & Comment (1929)

Bank employees strike on 29th July
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    The Bank Employees have decided to go on strike for 1 day on 29th July.
Posted On : 14/May/2016 10:53:28 AM View More & Comment (1773)

Job opportunities for Officers’ posts in Canara Bank
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    Applications are invited from eligible and interested candidates to fill up the vacant posts of Senior Risk Officer, Chief Investment Officer, and Chief Technology Officer to be submitted before 7th June.
Posted On : 13/May/2016 6:08:04 PM View More & Comment (2275)

1.6 lakhs new investors in mutual fund
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    1.6 lakhs new investors have invested in the Mutual Fund in the first month of the current financial year.
Posted On : 13/May/2016 11:32:27 AM View More & Comment (1732)

RBI decides to issue banknotes of Rs 1000 denominations with inset letter R
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    Reserve Bank of India has decided to print the English alphabet R in the 1000 rupees currency notes.
Posted On : 13/May/2016 11:09:14 AM View More & Comment (3451)

Indian Bank slashes the interest rates on home loans
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    Indian Bank has reduced the interest rates on home loans by up to 0.20 per cent. As per this the interest rates has been revised from 9.65 per cent to 9.55 per cent for the home loans for up to Rs 75 lakh.
Posted On : 13/May/2016 10:36:04 AM View More & Comment (2620)

Indian economic growth in India will be 7.3 percent this year: UN report
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    The United Nations in a report has mentioned that the Indian economic growth in India will be 7.3 percent this year.
Posted On : 13/May/2016 10:02:17 AM View More & Comment (1751)

The average property of Indians goes up by 400 percent in the last 10 years
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    A report from New World Wealth informs that the average property value of the Indians has shot up by 400 percent.
Posted On : 12/May/2016 12:31:57 PM View More & Comment (1617)

Rs 400-cr worth counterfeit notes in circulation in India
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    It has been estimated that Rs 400-cr worth counterfeit notes are in circulation in India.
Posted On : 12/May/2016 11:10:17 AM View More & Comment (2257)

Supreme Court: No compensation for call drops
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    TRAI (Telecom Regulatory Authority of India) had ordered a regulation that in the case of calls getting drop while talking, the customer should be compensated by payment of Re. 1/- per each call drop.
Posted On : 11/May/2016 3:13:33 PM View More & Comment (1823)

Global Crude oil price of Indian Basket was US$ 41.92 per bbl on 10.05.2016
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    The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 41.92 per barrel (bbl) on 10.05.2016.
Posted On : 11/May/2016 2:25:30 PM View More & Comment (1503)

Declaration of Assets & Liabilities in the new ITR forms
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    Central Board of Direct Taxes (CBDT) have released new income-tax return formswith mandatory provisions of declaring Assets & Liabilities (A&L) such as cars, jewellery yacht, aircrafts, shares, properties, etc.
Posted On : 11/May/2016 10:42:51 AM View More & Comment (1659)
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