Canara Bank hiked base rate
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Canara Bank on Monday hiked the base rate or the minimum lending rate by 0.25 percentage point to 10.20 per cent even as the Reserve Bank of India (RBI) kept its policy rates unchanged.
The service tax offices and central excise commissionerates in Chennai will be open till midnight on Tuesday to facilitate trade and industry to file declarations.
Gold price reduced Rs.88 Per Sovereign
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The cost of gold has reduced Rs.88 Per Sovereign on Monday evening (Dec 30, 2013).
According to CEBR, the London based economy consultancy, next to China and US, India is expected to become the 3rd largest economy in the world by the year 2028.
According to Tamil Nadu Government statement, the Enforcement Wing, of Tamil Nadus Commercial Tax Department has collected taxes to the tune of Rs 100 crore up to the month of November as against Rs 14 crore collected last year
Gold price increased Rs.40 Per Sovereign
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The cost of gold has increased Rs.40 Per Sovereign on Saturday morning (Dec 28, 2013).
Campaign to exchange soiled notes
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A special campaign has been initiated by the Indian Overseas Bank campaign to exchange soiled notes of denominations Rs. 10, Rs. 20 and Rs. 50 at its branches.
Gold price reduced Rs.32 Per Sovereign
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The cost of gold has reduced Rs.32 Per Sovereign on Thursday morning (Dec 26, 2013).
As gold pounding with other commodities in 2013, the commodity traders anticipate state that the gold will persist to be week, if there is descent in the duties on imports by the Indian Government.
The Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), Forex, Money and commodity markets are closed on Wednesday on account of Christmas.
Due to continuous increase in petrol and diesel rates and economic policies of the Central government, the prices of essential commodities are getting increased.
Gold price reduced Rs.16 Per Sovereign
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The cost of gold has reduced Rs.16 Per Sovereign on Monday evening (Dec 23, 2013).
From December 20 to January 10, the Reserve Bank of India is launching a drive to collect soiled currency notes of lower denominations (Rs 10, 20 and 50).
SBI and HDFC slash home loan rates
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SBI and HDFC on Thursday slashed home loan rates, in a surprise bonanza for borrowers who earlier this month saw interest rates inch up because RBI kept its key policy rates on hold.
