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News at a Glance

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Import tariff value on gold hiked ...........................................................................................................................
The central government has hiked the import tariff value on gold to $445 per 10 gm from $433 per 10 gm earlier.
Posted On : 17/Mar/2014 2:44:42 PM	View More & Comment (1761)

Commodity, forex, stock markets closed for Holi festival ...........................................................................................................................
All wholesale commodity markets, including bullion,the BSE, National Stock Exchange, forex and commodity futures will remain closed today ( March 17, 2014 ) for Holi festival.
Posted On : 17/Mar/2014 12:04:25 PM	View More & Comment (1736)

SBI debuts payments aggregator SBIePay ...........................................................................................................................
India’s largest bank State Bank of India has launched a new payments solution targeting merchants called SBIePay.
Posted On : 15/Mar/2014 5:38:51 PM	View More & Comment (2782)

RBI to open up on interest rate reduction ...........................................................................................................................
With the inflation rate getting eventually lower, business persons are left confused without knowing if the interest rates will by anyway get reduced.
Posted On : 14/Mar/2014 5:47:15 PM	View More & Comment (1745)

50 Trivial Budget Airports Soon! ...........................................................................................................................
Amid the proposal of developing smaller towns, Central Government has recognized the development of 50 trivial airports on a low-budget base.
Posted On : 14/Mar/2014 4:57:40 PM	View More & Comment (1603)

India Post – Resurfaced with Advanced Auto Sort Technology ...........................................................................................................................
With the advancement in technologies, the India Post has become increasingly irrelevant and exhausted much of its revenue.
Posted On : 14/Mar/2014 12:14:25 PM	View More & Comment (1870)

RBI hiked trade transaction limit ...........................................................................................................................
On Thursday, Reserve Bank of India hiked the trade related remittance limit from Rs.2 lakh to Rs.5 lakh per transaction, amid increased number of transactions handled by exchange houses.
Posted On : 14/Mar/2014 10:24:23 AM	View More & Comment (1544)

Exclusive features of Bharatiya Mahila Bank ...........................................................................................................................
The government inaugurated Bharatiya Mahila Bank (BMB) exclusively for women in the month of November 2013.
Posted On : 14/Mar/2014 9:52:34 AM	View More & Comment (4483)

The State Bank of Hyderabad to Open 14 Branches by July ...........................................................................................................................
An associate of the banking major State Bank of India, The State Bank of Hyderabad (SBH), proposes to open 14 branches in Chennai zone by July 2014.
Posted On : 13/Mar/2014 11:43:33 AM	View More & Comment (4628)

Decline in gold rate attracts no buyer ...........................................................................................................................
Gold rate in the past few days has been declining gradually and this has obviously created an impact on sales at jewelry stores across the city.
Posted On : 12/Mar/2014 4:39:04 PM	View More & Comment (2123)

Plan for 200 Trivial Airports ...........................................................................................................................
Government has planned to connect several small cities in India via 200 small airports.
Posted On : 12/Mar/2014 2:36:19 PM	View More & Comment (2634)

Another round of cheap air fares takes off by SpiceJet and IndiGo ...........................................................................................................................
SpiceJet and IndiGo — on Tuesday launched yet another offer for advance purchase of air tickets at discounted rates
Posted On : 12/Mar/2014 11:33:50 AM	View More & Comment (1973)

Gold rate reduced in Chennai ...........................................................................................................................
The cost of gold has reduced Rs.16 Per Sovereign on Tuesday evening (March 11, 2014).
Posted On : 11/Mar/2014 3:40:12 PM	View More & Comment (2441)

Reliance Life Insurance launches Smart Cash Plus Plan ...........................................................................................................................
Reliance Life Insurance Company has announced the launch of a new traditional product Reliance Smart Cash Plus Plan.
Posted On : 11/Mar/2014 12:22:22 PM	View More & Comment (2788)

HTC Global Services to work with RBI ...........................................................................................................................
On Monday, HTC Global Services announced it would work with the Reserve Bank of India (RBI) for developing an Export Data Processing and Management System (EDPMS).
Posted On : 11/Mar/2014 10:24:41 AM	View More & Comment (4256)

LPG Gas prices to double from 1st April ...........................................................................................................................
The Central Government has been constrained by several reasons to raise the price of cooking gas.
Posted On : 10/Mar/2014 3:17:51 PM	View More & Comment (3604)

T.N Govt failed to attract foreign investments, P. Chidambaram ...........................................................................................................................
Union Finance Minister, P. Chidambaram when unveiling late Congress leader and former C.M K. Kamaraj’s statue, stated that the state is lagging in attracting foreign investors in the past two years.
Posted On : 10/Mar/2014 3:12:56 PM	View More & Comment (4202)

Confederation of Indian Industry (CII), elects new office bearers ...........................................................................................................................
The Chennai chapter of Young Indians, a wing of Confederation of Indian Industry (CII), has selected new office bearers for 2014-15.
Posted On : 10/Mar/2014 2:13:24 PM	View More & Comment (2550)

License for New Banks – Authorized by Election Commission ...........................................................................................................................
License will be given to several new banks in upcoming weeks, stated by the Reserve Bank of India Governor Raghuram Rajan.
Posted On : 08/Mar/2014 11:36:37 AM	View More & Comment (2290)

Singapore Airlines new special offer ...........................................................................................................................
Singapore Airlines have announced special fares for passengers travelling from Chennai to Singapore.
Posted On : 08/Mar/2014 11:26:02 AM	View More & Comment (2452)

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