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News at a Glance

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10 percent Growth in Foreign Tourist Arrivals During January to March 2016
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    Foreign Tourists Arrivals (FTAs) during the period January - March 2016 were 25.08 lakh with a growth of 10 percent as compared to the FTAs of 22.81 lakh with a growth of 3.5 percent in January- March 2015 over January - March 2014.
Posted On : 20/Apr/2016 5:35:53 PM View More & Comment (1874)

ICICI Bank to invest in startup firms
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    Indias largest private ICICI Bank on Tuesday also joined the startup bandwagon.
Posted On : 20/Apr/2016 2:52:49 PM View More & Comment (1742)

TCS Net Profit up by 64 percent
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    Tata Consultancy Services (TCS), one of the leading Information Technology Companies in the country, has exceeded the Market expectations in their performance in the first quarter of the calendar year (January to March).
Posted On : 20/Apr/2016 2:40:36 PM View More & Comment (1947)

Controversial provident fund (PF) withdrawal norms set aside
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    The government has set aside the controversial provident fund (PF) withdrawal norms that had restricted complete withdrawal from PF account before the retirement age of 58 years.
Posted On : 20/Apr/2016 11:43:56 AM View More & Comment (2241)

Sensex likely to touch 35000 points if monsoon rainfall is good
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    The news released by the Indian Meteorological Department that the current monsoon season will bring good rainfall has led to a lift in the stock market where rates have increased,
Posted On : 20/Apr/2016 10:59:34 AM View More & Comment (2253)

Average salary rise in Indian Companies is 13 percent
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    It is gathered that more persons will be recruited for jobs in the industries.
Posted On : 20/Apr/2016 10:54:59 AM View More & Comment (2340)

The Prospects of further price reduction of crude oil - Negotiation talks fail
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    International oil production companies planned to reduce the production of oil owing to the trend of severe falling prices of crude oil in the international market.
Posted On : 19/Apr/2016 4:12:47 PM View More & Comment (1846)

Reserve Bank of India cut-off yield for some state government bond
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    On Monday the Reserve Bank of India (RBI) set cut-off yield for some state government bonds at a six-month low, in the first tranche of auctions for the financial year 2016/17, due to lower amounts.
Posted On : 19/Apr/2016 11:31:01 AM View More & Comment (2403)

Board of Directors approves change of name for Neyveli Lignite
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    The Board of Directors has approved the change of name for the public sector undertaking Neyveli Lignite Corporation.
Posted On : 18/Apr/2016 5:23:59 PM View More & Comment (2795)

Rs 10 lakh crore bank loan default
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    According to a report by industry body Assocham stressed assets of banks may touch Rs 10 lakh crore in the fourth quarter of 2015-16 amid a slowdown in sectors such as steel.
Posted On : 18/Apr/2016 10:58:25 AM View More & Comment (1753)

Prospects of further reduction in Interest ratio
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    The Governor of the reserve Bank of India, Mr. Raghuram Rajan, informed that if the trend of fall in inflation continues, there are bright prospects of reduction in the interest ratio of the loans advanced by RBI
Posted On : 16/Apr/2016 3:18:17 PM View More & Comment (1392)

Want to withdraw your full EPF: 14 more days left
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    If you are unemployed for 2 months or more and want to withdraw your full EPF, you only have 14 days left. After this new EPFO rules comes into effect.
Posted On : 16/Apr/2016 1:03:25 PM View More & Comment (2667)

Foreign tourist arrivals into India up 4 percent
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    In the first three months of the current year there is an increase for tourists by 4 percent.
Posted On : 16/Apr/2016 12:43:47 PM View More & Comment (1869)

Petrol price reduced 74 paise per litre, diesel down by Rs 1.30
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    Petrol price was reduced by 74 paise per litre & diesel rate slashed by Rs 1.30.
Posted On : 16/Apr/2016 9:39:36 AM View More & Comment (1647)

India Ratings & Research estimate: Exports will continue to face downtrend this year
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    India ratings and Research, in its latest report, has informed that the countries all over the world have taken several stringent measures to bring steadiness to the prevailing economy.
Posted On : 15/Apr/2016 2:24:27 PM View More & Comment (1391)

Markets closed today on account of Ram Navami
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    On Friday on account of Ram Navmi the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), Forex, Money Market, Bullion and Oil seeds will remain closed.
Posted On : 15/Apr/2016 11:07:15 AM View More & Comment (3097)

Interest rates for NSSF loan to Centre and States for FY 2016-17 revised
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    In line with the revision of interest rates of small savings schemes, interest rates for the National Small Savings Fund (NSSF) loan to Centre and States for FY 2016-17 has been revised and fixed at 8.8 percent in place of 9.5 percent.
Posted On : 14/Apr/2016 5:46:44 PM View More & Comment (1481)

236000 applications received for H-1B Visa
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    A new system is about to be introduced in the procedure for H-1B visas issued to the employees deputed to work in the USA.
Posted On : 14/Apr/2016 4:41:24 PM View More & Comment (1648)

Sales of Kisan Vikas Patra and National Savings Certificate stopped in post offices
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    It has been announced that the sales of Kisan Vikas Patra and National Savings Certificate will be stopped in post offices.
Posted On : 13/Apr/2016 2:53:25 PM View More & Comment (2567)

Unified payments interface launched
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    Bank transactions using mobile phones are growing up very fast in India.
Posted On : 12/Apr/2016 11:34:29 AM View More & Comment (2125)
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