Two new schemes introduced by LIC
...........................................................................................................................
Jeevan Sangam a savings cum protection single premium plan and a new children’s money back plan have been introduced by Life Insurance Corporation (LIC).
TRAI order to Vodafone on 111 services
...........................................................................................................................
TRAI wants Vodafone to stop using the number ‘111’ to offer its customers with all customer care services the reason being violation of national numbering plan.
Reliance Group Head, Mr. Mukesh Ambani, continues to retain his position as the richest Indian for the 8th consecutive year as per the Economics magazine, Forbes.
Reserve Bank of India Governor, Mr. Raghuram Rajan informed that though there has been an increasing trend of huge investment in India, the inflation persists at a high level.
Gold rate decreased Rs.24 per sovereign
...........................................................................................................................
The cost of gold has decreased Rs.24 per sovereign on Wednesday morning (March 4, 2015).
Government of India has announced that National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling price of 509 essential medicines which led to a reduction in rates by above 40 per cent in case of 127 drugs.
Arun Jaitley on Indian Economic Growth
...........................................................................................................................
Minister of Finance, Arun Jaitley said the target in next ten years is to elevate the Indian economic growth to about 9 or 10 per cent.
Gold rate decreased Rs.160 per sovereign
...........................................................................................................................
The cost of gold has decreased Rs.160 per sovereign on Tuesday morning (March 3, 2015).
The ministry of finance of the central government is exploring the possibilities of merging smaller banks with bigger banks in order to bring parity of activities of different banks at the same level.
Gold rate increased Rs.56 per sovereign
...........................................................................................................................
The cost of gold has increased Rs.56 per sovereign on Monday evening (March 2, 2015).
S Jaishankar who was earlier ambassador to US was appointed as Foreign Secretary on January 28 this year. Now the Government has appointed Arun Singh, currently its Ambassador to France, as its next top envoy to the US.
People who join the scheme before completing 50 years can, however, continue to have the risk of life cover up to the age of 55 years subject to payment of premium.
