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News at a Glance

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To Take LIC Policy - Bank Account is Required!
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    Life Insurance Corporation has announced that those who take up Life Insurance policy should have their bank account details in hand and this rule will come into practice from 1 April.
Posted On : 30/May/2014 4:34:51 PM View More & Comment (2489)

Diesel Price to continue in the new government?
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    It is expected that the current practice of raising the diesel prices by 50 Paise per litre every month will be continued by the new government.
Posted On : 30/May/2014 2:27:46 PM View More & Comment (2146)

LIC launches online term insurance plan, finally
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    Life Insurance Corporation of India (LIC), the industry’s biggest player did not have an online term plan, until now.
Posted On : 30/May/2014 10:04:30 AM View More & Comment (2327)

Provident Fund Office has allowed companies cap on PF contribution
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    The Provident Fund Office has allowed companies to cap their per-month PF contribution to employees at Rs. 6,500.
Posted On : 30/May/2014 9:46:42 AM View More & Comment (2552)

For transactions less that Rs. 1/-, round off to the nearest Rupee!
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    The difficulties experienced by non-banking financial institutions while collecting the interest or advance in rounding off the amount less than Rs. 1/- to the nearest Rupee was brought to the notice of the Reserve Bank of India.
Posted On : 29/May/2014 2:23:47 PM View More & Comment (2657)

Reserve Bank of India Governor Raghuram Rajan met Finance Minister Arun Jaitely
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    Raghuram Rajan, the Governor of Reserve Bank of India on Tuesday met Arun Jaitely hours after he took charge as the new finance minister.
Posted On : 28/May/2014 2:11:17 PM View More & Comment (1795)

It is better to cancel bank accounts that are inactive, say experts
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    Those holding more than two bank accounts are recommended to cancel their inactive account, say experts.
Posted On : 27/May/2014 5:01:28 PM View More & Comment (2448)

Tricky Chores for Upcoming Finance Minister
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    Enlivening the growth and defeating the high price rises, chiefly during the peril of a sub-par monsoon, lies in the urgent priority list, for the new finance minister, who is probably to be Arun Jaitley.
Posted On : 27/May/2014 12:42:52 PM View More & Comment (2304)

New seating in Lufthansa flights
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    Lufthansa has introduced new business class seats with horizontal sleeping surface on its A340-300 flights on the Chennai-Frankfurt route.
Posted On : 27/May/2014 9:52:33 AM View More & Comment (2351)

Bhavishya Nidhi Adalat is scheduled for June 10
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    The Bhavishya Nidhi Adalat for next month is scheduled for June 10, between 10 a.m. and 1 p.m..
Posted On : 27/May/2014 9:45:15 AM View More & Comment (1968)

Reserve Bank of India emphasizes that CCTV coverage must for cash operations at currency chests
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    The Reserve Bank of India on Friday emphasized that banks must meticulously follow its instructions on CCTV coverage of all cash-handling operations in currency chests, including packing of soiled notes.
Posted On : 26/May/2014 10:51:06 AM View More & Comment (2252)

IDBI Bank plans to add 600 branches, 700 ATMs
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    IDBI Bank has planned to add 600 branches this fiscal year.
Posted On : 26/May/2014 10:17:12 AM View More & Comment (2101)

Loosening its Rules – TRAI Project
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    The grievances registered by the phone customer have to address within a week time for rural areas and within 5 days for city regions.
Posted On : 23/May/2014 4:50:07 PM View More & Comment (1964)

Get PF Amount in 20 Days!
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    Currently, the petitions raised by the workers either regarding the PF withdrawal or getting Pension amount have to be decipher within 30 days, this is in practice by the PF organization.
Posted On : 23/May/2014 4:47:22 PM View More & Comment (2277)

ATM with talking facility in all banks before 1st July
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    Reserve Bank of India has ordered that all ATMs of all banks should have Braille facility for the vision-impaired users and the talking guidance.
Posted On : 23/May/2014 10:01:37 AM View More & Comment (2855)

Private operators raise the pre-paid rates! Customers complain!
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    There is a complaint that all private operators have raised their charges for pre-paid plans.
Posted On : 21/May/2014 7:56:14 PM View More & Comment (2238)

Economic challenges that confront the new government!
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    The National Democratic Alliance (NDA), led by the BJP, is set to form a new government at the centre.
Posted On : 20/May/2014 2:56:22 PM View More & Comment (1945)

ICICI Bank reduced home loan rates
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    ICICI Bank has announced a 0.10 per cent reduction in home loan rates for a limited period.
Posted On : 20/May/2014 10:34:40 AM View More & Comment (2107)

Central Governments Restrictive Step Cause 75% Decrease in Gold Import
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    During April, the first month of the current fiscal year 2014-2015, Gold import has descended by 75% when compared to last year. The gold import got reduced from 678 Crore Dollar to 175 Crore Dollar.
Posted On : 12/May/2014 5:07:04 PM View More & Comment (2216)

Ingress of AirAsia - Connect Many Metros and Smaller Cities!
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    On Thursday, airline acknowledged the air operator’s consent for AirAsia. The doorway of AirAsia will be predictable to render highly desired choice for commuters in connecting many metros and minor cities across south India.
Posted On : 10/May/2014 12:31:34 PM View More & Comment (1664)
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