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.
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).
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.
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.
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.
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.
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.
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.
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.
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).
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).
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.
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.
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).