Gold rate reduced Rs.16 per sovereign
...........................................................................................................................
The cost of gold has reduced Rs.16 per sovereign on Friday morning (Dec 05, 2014).
Government has launched a special deposit scheme for girl child - Sukanya Samriddhi Account - which can be opened in banks and post offices and half of the funds can be withdrawn for her higher education and marriage.
Reserve Bank of India is currently carrying out necessary studies and researches are being done to bring about rules and regulations on online shopping.
Reserve Bank of India states that the next move with regards to gold import will be decided after analyzing the consequences of removing rules and regulations for exporting 20 per cent of imported gold in the country.
The governor of Reserve Bank of India, Mr. Raghuram Rajan, advised the public to turn their attention to stock market, mutual funds, and other similar avenues which earn good revenue.
Gold rate reduced Rs.96 per sovereign
...........................................................................................................................
The cost of gold has reduced Rs.96 per sovereign on Thursday evening (Dec 04, 2014).
Gold rate increased Rs.112 per sovereign
...........................................................................................................................
The cost of gold has increased Rs.112 per sovereign on Wednesday evening (Dec 03, 2014).A sovereign was worth Rs.19760.00 and a gram was Rs.2470.00
Gold rate increased Rs.160 per sovereign
...........................................................................................................................
The cost of gold has increased Rs.160 per sovereign on Tuesday evening (Dec 02, 2014).
Retirement fund body Employees’ Provident Fund Organisation (EPFO) will launch the online facility for submitting provident fund withdrawal claims in December.
No change in interest rates, RBI
...........................................................................................................................
In the recently held RBI policy review meeting at Mumbai, it was announced that there is going to be no change in the important interest rates of RBI.
Gold rate increased Rs.280 per sovereign
...........................................................................................................................
The cost of gold has increased Rs.280 per sovereign on Tuesday morning (Dec 02, 2014).
Bank employees strike today
...........................................................................................................................
Normal banking operations like cheque clearance in public sector banks across Tamil nadu are likely to be hit on Tuesday as employees have decided to go on one-day strike to press for wage revision.
