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.
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.
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.
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.
Banks gear up for long weekend
...........................................................................................................................
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.
Temporary stoppage in allotment of PAN
...........................................................................................................................
A central government notification informs that the allotment of Permanent Account Number – PAN – for Income Tax filing has been stopped temporarily for 5 days.
Indian Bank reduces interest rates!
...........................................................................................................................
Indian Bank has reduced the interest rate on loans by 0.3%. This will be effective from 7th October.
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.
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.
Diesel Price hiked by 50 paise per litre
...........................................................................................................................
Diesel price was on Wednesday hiked by 50 paise per litre but there will be no change in petrol prices.
Axis Bank reduces interest rates
...........................................................................................................................
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.
Big Billion Sale dates announced
...........................................................................................................................
Indian e-commerce giant Flipkart has announced the dates for the Big Billion Sale this year.