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News at a Glance

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White Label ATM (WLA) or Non-banking ATMs can now accept international cards ...........................................................................................................................
White Label ATM (WLA) or Non-banking ATMs can now accept international cards and also source cash supply from other than banks.
Posted On : 06/Dec/2014 11:52:47 AM	View More & Comment (1683)

SBI Cuts Retail Fixed Deposit Rates ...........................................................................................................................
State Bank of India has announced a cut in interest rates on fixed deposits of select maturities.
Posted On : 06/Dec/2014 11:49:16 AM	View More & Comment (1837)

Amendments to Consumer Protection Act for the benefit of e-commerce customers ...........................................................................................................................
For the benefit of e-commerce customers, the Government is planning to introduce safeguards in the proposed amendments to Consumer Protection Act .
Posted On : 06/Dec/2014 11:47:55 AM	View More & Comment (2362)

Gold rate reduced Rs.104 per sovereign ...........................................................................................................................
The cost of gold has reduced Rs.104 per sovereign on Saturday morning (Dec 06, 2014).
Posted On : 06/Dec/2014 10:58:14 AM	View More & Comment (1819)

Finance Minister Arun Jaiteley’s explanation of Gandhiji’s picture on Currency notes! ...........................................................................................................................
The central Finance Minister, Mr. Arun Jaitely, informed today that the reserve Bank of India has emphasised that only Mahatma Gandhi’s picture is to be used in the currency notes and no other leader will be used.
Posted On : 05/Dec/2014 6:30:08 PM	View More & Comment (2344)

Saudi Arabia reduces Crude Oil Price! ...........................................................................................................................
Saudi Arabia has further reduced the price of crude oil sold to USA & Asian countries.
Posted On : 05/Dec/2014 5:47:03 PM	View More & Comment (2286)

Ease your mobile banking facilities, says RBI ...........................................................................................................................
Reserve Bank of India has instructed all banks to ease all of their mobile banking procedures for its customers.
Posted On : 05/Dec/2014 12:18:30 PM	View More & Comment (2285)

Gold rate reduced Rs.16 per sovereign ...........................................................................................................................
The cost of gold has reduced Rs.16 per sovereign on Friday morning (Dec 05, 2014).
Posted On : 05/Dec/2014 10:55:42 AM	View More & Comment (1984)

Government launches special deposit scheme for girl child ...........................................................................................................................
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.
Posted On : 05/Dec/2014 10:42:07 AM	View More & Comment (2374)

RBI will soon bring forth rules on online shopping, RBI Deputy Governor ...........................................................................................................................
Reserve Bank of India is currently carrying out necessary studies and researches are being done to bring about rules and regulations on online shopping.
Posted On : 04/Dec/2014 3:52:40 PM	View More & Comment (2309)

Next move on gold import will be done on studying the consequences, RBI ...........................................................................................................................
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.
Posted On : 04/Dec/2014 2:57:28 PM	View More & Comment (1938)

Minister of State for petroleum and natural gas eyes on streamlining safety measures ...........................................................................................................................
Minister of State for petroleum and natural gas, Dharmendra Pradan suggests having a separate set up for safety in oil and fuel.
Posted On : 04/Dec/2014 2:56:04 PM	View More & Comment (2123)

Do not invest in gold: RBI Governor’s suggestion! ...........................................................................................................................
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.
Posted On : 04/Dec/2014 2:24:01 PM	View More & Comment (2073)

A new measure to prevent black money: Withdrawal of large amounts from bank in a single day to be taxed! ...........................................................................................................................
There is a proposal to impose tax for withdrawals of cash from the banks above the set limit.
Posted On : 04/Dec/2014 2:22:57 PM	View More & Comment (2250)

Gold rate reduced Rs.96 per sovereign ...........................................................................................................................
The cost of gold has reduced Rs.96 per sovereign on Thursday evening (Dec 04, 2014).
Posted On : 04/Dec/2014 11:00:10 AM	View More & Comment (1825)

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
Posted On : 03/Dec/2014 3:38:54 PM	View More & Comment (1872)

Gold rate increased Rs.160 per sovereign ...........................................................................................................................
The cost of gold has increased Rs.160 per sovereign on Tuesday evening (Dec 02, 2014).
Posted On : 02/Dec/2014 3:33:16 PM	View More & Comment (1951)

Hike in production tax of petrol and diesel ...........................................................................................................................
Central government hiked the production tax of petrol and diesel. Petrol is increased by Rs 2.25 and diesel by Rs 1 in its production tax.
Posted On : 02/Dec/2014 3:05:49 PM	View More & Comment (2480)

Central government plans to legally approve ‘Hallmark’ quality for gold jewellery! ...........................................................................................................................
The central government has planned to give legal approval for the ‘Hallmark’ Quality certificate for gold jewellery.
Posted On : 02/Dec/2014 2:21:19 PM	View More & Comment (1788)

Pouring on-line shopping orders through smart phones! ...........................................................................................................................
12 Crore people in India use internet through smart phones.
Posted On : 02/Dec/2014 12:52:13 PM	View More & Comment (1627)

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