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News at a Glance

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Life-saving drugs to have prices printed in large size – From 1st January!
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    All the life-saving drugs will have prices (as fixed by the central government) printed in large letters from 1st January.
Posted On : 18/Nov/2014 3:46:18 PM View More & Comment (1946)

Gold price increased Rs.184 per sovereign
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    The cost of gold has increased Rs.184 per sovereign on Tuesday evening (Nov 18, 2014).
Posted On : 18/Nov/2014 11:04:35 AM View More & Comment (1730)

Post offices to turn a place of multiple services soon
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    Central government is eyeing on postal department and wants to make it a place to provide multiple services to the public.
Posted On : 17/Nov/2014 12:46:51 PM View More & Comment (1827)

Overwhelming response for the new bank scheme by central government, Venkaiah Naidu
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    Venkaiah Naidu, Minister of Urban Development of India said over 7 crore individuals have got a new bank account opened under the new scheme launched by central government.
Posted On : 17/Nov/2014 11:50:41 AM View More & Comment (2084)

Gold price reduced Rs.136 per sovereign
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    The cost of gold has reduced Rs.136 per sovereign on Monday morning (Nov 17, 2014).
Posted On : 17/Nov/2014 10:58:33 AM View More & Comment (1951)

Industries impose pressure on RBI
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    Unlike past five years, the inflation based Wholesale Price Index hit a low at 1.77 per cent during October 2014. This has imposed pressure on RBI from varied industries, peppering to slash the key policy rates.
Posted On : 15/Nov/2014 2:28:52 PM View More & Comment (2400)

India ranks no.3 in issue of passports!
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    External Affairs Minister, Ms. Sushma Swaraj has informed that India ranks o.3 in global ranking in issuing passports.
Posted On : 15/Nov/2014 12:58:56 PM View More & Comment (2310)

Government launches modified DBTL scheme in 54 districts
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    Ministry of Petroleum has customized the scheme for direct cash subsidy for consumers of cooking gas as per which it will be extended even to those who do not have an Aadhar card.
Posted On : 15/Nov/2014 12:20:11 PM View More & Comment (2446)

RBI should keep a tab on the interest rates charged by the private non-banking financial companies
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    A public interest litigation petition was filed by advocate A.R. Jeyarhuthran seeking a direction to quash the May 3, 2012 Reserve Bank of India communication which stated that it was "not regulating the rate of interest being collected by private non-banking financial companies NBFC in the Madras High Court Bench at Madurai on Friday.
Posted On : 15/Nov/2014 12:09:04 PM View More & Comment (1553)

Gold price increased Rs.568 per sovereign
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    The cost of gold has increased Rs.568 per sovereign on Saturday morning (Nov 15, 2014).
Posted On : 15/Nov/2014 10:59:19 AM View More & Comment (2193)

President Obama praises PM Modi – Trade Pact Hurdles removed!
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    With all the major the hurdles for the World Trade Pact being removed, US President Obama has chosen this occasion to praise Indian Prime Minister, Mr. Narendra Modi.
Posted On : 14/Nov/2014 5:14:51 PM View More & Comment (2437)

Crude oil price continues to fall: a counter for the budget deficit!
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    Eminent Economist, Mr. Arvind Virmani expressed that the continuing trend of falling prices of crude oil in the international market can help the country to get over the current financial deficit.
Posted On : 14/Nov/2014 5:11:19 PM View More & Comment (2432)

Plans to curb gold import
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    The government is setting plans to bring about limitations on gold import by huge private agencies, aiming to bring down the total consumption of the yellow metal in the country.
Posted On : 14/Nov/2014 4:26:22 PM View More & Comment (1963)

Gold price reduced Rs.72 per sovereign
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    The cost of gold has reduced Rs.72 per sovereign on Friday evening (Nov 14, 2014).
Posted On : 14/Nov/2014 3:22:38 PM View More & Comment (1756)

RBI Governor’s criticism of loan subsidy & debt reconciliation schemes!
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    Mr. Raghuram Rajan, the Governor of Reserve Bank of India (RBI), has severely criticised the schemes on loan subsidy and debt reconciliation.
Posted On : 14/Nov/2014 3:04:25 PM View More & Comment (1528)

Gold price increased Rs.8 per sovereign
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    The cost of gold has increased Rs.8 per sovereign on Friday morning (Nov 14, 2014).
Posted On : 14/Nov/2014 10:51:03 AM View More & Comment (1576)

Downward trend in growth of bank deposits – RBI Information
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    The Reserve Bank of India has revealed the statistics that the growth of deposit in October has shown a fall, for the first time in the last one year.
Posted On : 13/Nov/2014 4:42:12 PM View More & Comment (2254)

Coal Mine Allocations Process within February – Central government
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    The Secretary for the ministry (Department) of coal, Mr. Anil Swarup, has informed that the central government would crystallize the coal mine allocation process before end of February.
Posted On : 13/Nov/2014 4:39:50 PM View More & Comment (2396)

Petrol and diesel rates hiked by Rs 1.50
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    Following a hike in rates of petrol production tax, rates of petrol and diesel are increased by Rs 1.50 per litre.
Posted On : 13/Nov/2014 4:11:38 PM View More & Comment (2603)

Gold price reduced Rs.40 per sovereign
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    The cost of gold has reduced Rs.40 per sovereign on Thursday evening (Nov 13, 2014).
Posted On : 13/Nov/2014 3:31:58 PM View More & Comment (1894)
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