With the recent depreciation of European currencies, Nasscom has observed that the revenue earned from the industry of Information Technology will reduce.
Dollar goes up as shares in China fall
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As the dollar and global equities dropped, gold rose in the market in China on Tuesday. This shows signs of economic weakness in the country.
As rupee value is falling down, the rates of international airfares is increasing. This is a time when more number of Indian students fly abroad for taking up studies in overseas universities.
Onions prices soaring high
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After three years, the onions were sold for Rs 60 per kilo. Last month the onions were sold for Rs 25 per kilo. The reason for this sudden rise is due to less arrival of onion produce from and western parts of Maharashtra.
The Central governments LPG subsidy scheme has earned the record for Largest Cash Benefit Program (Households) with the Guinness Book of World Records.
Central government has made a policy decision regarding house servants that their minimum monthly wages should be fixed at Rs. 9000/- apart from other facilities.
LICs ULIP product to be launched today
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Life Insurance Corporation (LIC) is set to launch its first ULIP product on 19th August.
Prices of garlic & Bengal-gram rise up
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As the quantity of arrival of Bengal-gram and garlic is reduced, their prices have rise up.
Central Labour welfare Minister Mr. Bandaru Dattatreya informed that there was a rule that Re. 1/- revenue stamp to be fixed for Provident Fund withdrawal.
Petrol price was on Friday slashed by Rs 1.27 per litre & diesel price was reduced by Rs 1.17 a litre.the second reduction in rates of this month following global cues.
PF Settlement in 20 days!!
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Employees’ Provident Fund Organisation (EPFO) has resolved various issues during the month of July concerning 11.56 lakh petitions/enquiries including disbursal of PF.
