EPFO (Employees Provident Fund Organization) has announced the interest rates fixed for the current year. As per this, the interest rate of 8.75% which was adapted last year will continue for this year also.
Sugar prices likely to get increased
...........................................................................................................................
The government has made a hike in import duty of raw and refined sugar from 15 per cent to 25 per cent. This is said to have a significant effect on sugar price.
Central government’s Finance Secretary, Mr. G. S. Sandhu, informed that the central government is set to announce plans for housing loans with low interest especially for the poor & middle class people.
TRAI Get on With Standardizing IM Apps!
...........................................................................................................................
The Telecom Regulatory Authority of India (Trai) regulator will ask for the public views on issues linked to the compression of broadband across the country within the end of next month.
As a measuring step to cut your ISD bill considerably, the telecom regulator has emerges with a series of policies on Tuesday to assists the induction of calling cards for doing international calls.
RBI Governor, Mr. Raghuram Rajan has expressed that the ’100 days employment opportunity scheme’ alone cannot be held responsible for the rise in the salary of village workers.
The ministry of finance has recommended to the banks to facilitate transfers for their female employees as per their preference in order to live with parents or husband.
E-commerce seminar on Aug 30
...........................................................................................................................
Consumers Association of India is organizing a seminar on e-commerce and the consumer at Muthamizh Peravai Hall in R A Puram on August 30.
Online shopping expands by 65%
...........................................................................................................................
According to a report, with increasing number of people preferring to shop online, the retail category penetration has increased to 65 percent and has grown to 53.4 million visitors a month, an overall growth of 15 percent annually.
RBI to issue Rs 1,000 new banknotes
...........................................................................................................................
Rs 1,000 denomination banknotes with inset letter R in the Mahatma Gandhi Series-2005 will very soon be issued by The Reserve Bank of India (RBI).