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News at a Glance

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Central Government: electricity charges to go up gradually to reduce the losses!
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    The Central Minister for Electricity, Mr. Piyush Goel, has suggested that the the various electricity distribution organisations should gradually increase the electricity charges as they have been suffering & operating in huge losses.
Posted On : 08/Oct/2015 5:09:44 PM View More & Comment (2441)

250 tons of onion imported: prospects of price reduction
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    The Department of the Central Ministry of Food has informed that following the sanction of the government to import 2000 tons of onion, the first consignment of 250 tons of onion has arrived in India.
Posted On : 08/Oct/2015 4:22:27 PM View More & Comment (2564)

Hand written passports will have no validity from 25th November
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    In India in the year 1995-96 hand written passports were issued to the people. Later on with technological advancement printed passports were issued.
Posted On : 08/Oct/2015 11:00:22 AM View More & Comment (2627)

World Bank - India set to overtake China in Economic Growth!
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    World Bank has estimated that India is all set to overtake China in Economic Growth.
Posted On : 08/Oct/2015 9:13:35 AM View More & Comment (2268)

The prices of pulses up by 75% in the last 1 year!
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    The statistics released from the Central Governments Consumer Affairs Department reveals that the prices of pulses have gone up by 75% in the last 1 year period.
Posted On : 07/Oct/2015 9:36:38 AM View More & Comment (2260)

World Bank Report: Percentage of poor in India reduced!
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    Though India is considered as a poor country on the basis of its population, the World Bank has reported that Indias percentage of poor is lesser as compared to many other countries.
Posted On : 07/Oct/2015 9:34:22 AM View More & Comment (2140)

Jet Airways reduces fares for travelers to foreign countries by 30%
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    Indias largest private air service provider, Jet Airways, has announced immediate price reduction of 30% for the travelers to foreign countries.
Posted On : 06/Oct/2015 12:33:54 PM View More & Comment (2034)

Banks gear up for long weekend
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    Banks will be on leave for four consecutive days from Thursday, October 22 to Sunday, October 25, if Friday, October 23 is also declared a holiday.
Posted On : 06/Oct/2015 11:25:07 AM View More & Comment (2181)

Gold monetization and Sovereign gold bond from month of November
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    Finance Ministry has mentioned that it will launch two schemes, Gold monetization and Sovereign gold bond from month of November.
Posted On : 06/Oct/2015 10:23:15 AM View More & Comment (2225)

Central government officially announces recovery of undeclared black money of Rs. 4147 Crores!
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    Central Government has announced the revised figure of the amount of black money voluntarily declared with a deadline.
Posted On : 06/Oct/2015 9:19:30 AM View More & Comment (1546)

PAN must be declared when spending more than a specific amount
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    Declaring PAN (Permanent Account Number) while spending more than a specified amount will be made compulsory shortly.
Posted On : 06/Oct/2015 8:48:57 AM View More & Comment (1973)

Increase in Import Duty on Ghee and Butter
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    Central government has increased the Import Duty for ghee and butter to 40 percent.
Posted On : 06/Oct/2015 8:02:33 AM View More & Comment (2016)

Temporary stoppage in allotment of PAN
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    A central government notification informs that the allotment of Permanent Account Number – PAN – for Income Tax filing has been stopped temporarily for 5 days.
Posted On : 05/Oct/2015 10:01:04 AM View More & Comment (1905)

Indian Bank reduces interest rates!
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    Indian Bank has reduced the interest rate on loans by 0.3%. This will be effective from 7th October.
Posted On : 05/Oct/2015 9:48:20 AM View More & Comment (1972)

Non-subsidised LPG Cooking Gas Cylinder Price reduced
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    The price of the non-subsidised LPG cooking gas cylinder has been reduced by Rs. 42/-. Oil Corporations informed that this decision was taken based on the prevailing international market rates.
Posted On : 02/Oct/2015 11:07:48 AM View More & Comment (2464)

Government Extends the due Date for E-Filing of Returns of Income Tax and Audit Reports to 31st October 2015
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    The issue of extension of last date for e-filing returns of income and audit reports u/s 44AB due by 30th September, 2015 has been the subject matter of litigation in various High Courts across the country.
Posted On : 01/Oct/2015 2:19:48 PM View More & Comment (2657)

Diesel Price hiked by 50 paise per litre
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    Diesel price was on Wednesday hiked by 50 paise per litre but there will be no change in petrol prices.
Posted On : 01/Oct/2015 11:09:39 AM View More & Comment (1864)

Axis Bank reduces interest rates
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    Following the Reserve Bank of Indias declaration of reduction of interest in short-term loans, most of the banks have started extending this concession to their customers as well.
Posted On : 01/Oct/2015 10:13:22 AM View More & Comment (1914)

List of countries with most foreign investment: India displaces China to be the first!
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    A leading international Economics journal has published that India has overtaken China & USA as the first country attracting most foreign investment.
Posted On : 01/Oct/2015 10:06:20 AM View More & Comment (1781)

Big Billion Sale dates announced
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    Indian e-commerce giant Flipkart has announced the dates for the Big Billion Sale this year.
Posted On : 30/Sep/2015 11:18:27 AM View More & Comment (3048)
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