Government of India have announced the Sale (re-issue) of (i) 6.84 per cent Government Stock, 2022 for a notified amount of Rs. 3000 crore (nominal) through price based auction.
IOB reduces interest rates on loans
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The banks fix the loan interest ratio rates based on the MCSR. Accordingly, the Indian Overseas Bank (IOB) has reduced the MCSR ratio for 3 months by 35 basis points, the MCSR ratio for 6 months by 30 basis points.
India Post Payments Bank (IPPB) has appointed Mr. Suresh Sethi, the former MD of Vodafone M-Pesa Ltd. as its Managing Director & Chief Executive Officer. Mr. Sethi had been selected by the Banks Board Bureau.
Petrol and diesel price remain unchanged today (October 24). Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
The central government has ordered the banks to verify the identity copies furnished by those who do financial transactions of over Rs. 50000 by checking with the original documents of ID proof.
Petrol and diesel price increased
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Petrol price was increased by 2 paise per litre and diesel price up by 3 paise per litre with effect from 6 am, Oct 23.
The Reserve Bank of India has come up with an explanation that it is mandatory to link Aadhar card details with the bank savings account under the Money Laundering Prevention Act.
Petrol and diesel price increased
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Petrol price was increased by 14 paise per litre and diesel price up by 9 paise per litre with effect from 6 am, Oct 22.
RBI not to make rate cut, say experts
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According to discussions during the Monetary Policy Committee (MPC) meeting, the RBI is set to take a cautious path, and hence the possibility of making rate cut is meagre.
The Government has been examining the Drugs (Prices Control) Order, 2013 (DPCO) with a view to enhancing the accessibility and affordability of essential medicines at reasonable prices to the poor and needy.
IndiaNivesh launches its new website
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Petrol and diesel price increased
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Petrol price was increased by 5 paise per litre and diesel price up by 3 paise per litre with effect from 6 am, Oct 21.
Petrol and diesel price increased
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Petrol price was increased by 7 paise per litre and diesel price up by 4 paise per litre with effect from 6 am, Oct 20.
To all the tax payers, the Income Tax Department has come up with an exclusive online chat service. With this, tax payers can obtain answers to all their doubts and queries pertaining to direct tax issues.
Petrol and diesel price increased
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Petrol price was increased by 7 paise per litre and diesel price up by 8 paise per litre with effect from 6 am, Oct 19.
Petrol and diesel prices remain unchanged today (October 18). Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
Petrol and diesel price decreased
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Petrol price was decreased by 4 paise per litre and diesel price down by 3 paise per litre with effect from 6 am, Oct 16.