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News at a Glance

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Non-subsidised LPG gas cylinder prices down ...........................................................................................................................
The price of the non-subsidised LPG gas cylinder has been reduced by Rs. 61.50.
Posted On : 03/Mar/2016 6:09:23 PM	View More & Comment (3735)

Reduction in lending interest rates after 5th April ...........................................................................................................................
A report from Standard Chartered Bank informs that after the scheduled meeting of Reserve Bank of India on financial policy on 5th April, there are bright chances that REPO interest ratio will be reduced.
Posted On : 03/Mar/2016 4:20:44 PM	View More & Comment (2347)

Dip in crude oil rates and what influences the fluctuation? ...........................................................................................................................
Among the most important commodities is oil. The economy of a nation largely depends on oil including here in India.
Posted On : 01/Mar/2016 3:02:57 PM	View More & Comment (1969)

After Budget: items costlier & items cheaper ...........................................................................................................................
With the upward revision of taxes in the recent budget, the prices of some of the items are changed.
Posted On : 01/Mar/2016 2:56:42 PM	View More & Comment (2464)

Petrol Price reduced by Rs.3.02/Litre, diesel hiked by Rs.1.47 ...........................................................................................................................
Petrol Price was reduced by Rs.3.02 per litre but raising diesel by Rs.1.47 per litre.
Posted On : 29/Feb/2016 10:25:05 PM	View More & Comment (1984)

Union Budget 2016 - Personal Finance ...........................................................................................................................
Rs 1,000 crore allocated for new EPF (Employees Provident Fund) scheme
Posted On : 29/Feb/2016 3:55:06 PM	View More & Comment (2371)

Union Budget 2016 - Social ...........................................................................................................................
Rs.38,500 crore for Mahtma Gandhi MGNREGA for 2016-17
Posted On : 29/Feb/2016 3:48:34 PM	View More & Comment (2128)

Union Budget 2016 - Energy ...........................................................................................................................
Govt drawing comprehensive plan to be implemented in next 15-20 years for exploiting nuclear energy
Posted On : 29/Feb/2016 3:05:35 PM	View More & Comment (2002)

Union Budget 2016 - Investments and infrastructure ...........................................................................................................................
Shops to be given option to remain open all seven days in a week across markets.
Posted On : 29/Feb/2016 3:01:19 PM	View More & Comment (1978)

Union Budget 2016 - Banking ...........................................................................................................................
Banks get a big boost: Rs 25,000 crore towards recapitalisation of public sector banks.
Posted On : 29/Feb/2016 2:30:41 PM	View More & Comment (1827)

Union Budget 2016 - Tax ...........................................................................................................................
No changes have been made to existing income tax slabs
Posted On : 29/Feb/2016 2:25:44 PM	View More & Comment (1776)

White Label ATMs ...........................................................................................................................
The Reserve Bank of India (RBI) has issued guidelines regarding setting up of White Label ATMs by non-bank entities.
Posted On : 28/Feb/2016 7:48:46 PM	View More & Comment (2034)

A new regulation on PF withdrawal - if not withdrawn at age 54, wait till 57 ...........................................................................................................................
A new Provident Fund withdrawal regulation is being introduced.
Posted On : 28/Feb/2016 7:46:07 PM	View More & Comment (2950)

Pan Card Mandatory for all Transactions ...........................................................................................................................
The Government vide notification S.O. (3545)(E) dated 30.12.2015, has made quoting of Permanent Account Number (PAN) mandatory for all transaction.
Posted On : 28/Feb/2016 7:24:12 PM	View More & Comment (2484)

Custom duty on life saving drugs ...........................................................................................................................
Representations have been received from domestic industry stating, inter alia that the exemption/concessional customs duties on drugs including life saving drugs deters domestic manufacture of these life saving drugs.
Posted On : 28/Feb/2016 7:13:36 PM	View More & Comment (1781)

Number of billionaires goes up in India ...........................................................................................................................
The company Hurun conducted a research on Global Rich 2016. It has found that the number of billionaires in India has gone up.
Posted On : 26/Feb/2016 8:12:29 PM	View More & Comment (1984)

Central governments approval to cancel service charges for debit/credit card transactions ...........................................................................................................................
The central government cabinet ministry met headed by the Prime Minister Narendra Modi.
Posted On : 26/Feb/2016 12:22:18 PM	View More & Comment (2391)

E-tourist visa facility extended to 37 more countries by the Home Ministry ...........................................................................................................................
The government had launched the e-tourist visa facility on November 27, 2014 in order to increase the tourist inflow.
Posted On : 26/Feb/2016 11:30:10 AM	View More & Comment (1565)

Income Tax Department: 24.37 Crore persons have PAN ...........................................................................................................................
The Department of Income Tax has informed that 24.37 Crore persons have been given PAN (Permanent Account Number) cards.
Posted On : 25/Feb/2016 3:56:21 PM	View More & Comment (1749)

Over supply affects oil trading ...........................................................................................................................
The price of crude oil went down due to downward pressure from global overproduction. Strong US demand of gasoline was also a factor.
Posted On : 25/Feb/2016 11:42:30 AM	View More & Comment (1976)

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