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News at a Glance

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India ranks the 6th place in the world powerful countries list
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    A famous American magazine has mentioned that India has ranked the 6th place in the world powerful countries list. The famous American monthly magazine called American Foreign Policy.
Posted On : 27/Jan/2017 1:28:31 PM View More & Comment (2478)

RBIs press says that it cannot disclose the currencies printed before demonetization
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    In order to prevent the circulation of black money, the Prime Minister Narendra Modi had announced on 8th November that Rs 1000 and Rs 500 notes have been declared invalid. In lieu of this new Rs 2000 and Rs 500.
Posted On : 27/Jan/2017 1:14:35 PM View More & Comment (2176)

RBI likely to lift withdrawal limits by February-end
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    Restrictions were imposed to withdraw money from banks after the demonetisation. The restrictions still continue in withdrawing cash from savings and current account. Restrictions were imposed.
Posted On : 27/Jan/2017 1:03:24 PM View More & Comment (2157)

Central Government to scrap sugar subsidy
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    There is news that the central government has decided to stop the sugar subsidy which is sold in the ration shops.
Posted On : 27/Jan/2017 12:24:59 PM View More & Comment (2594)

Passport offices in every district soon
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    Passport offices are to be set up in each district shortly. Presently, the head passport office is available in Tamil Nadu in the capital city of Chennai only. Considering this hardship of the people in the distant areas.
Posted On : 26/Jan/2017 5:48:43 PM View More & Comment (2212)

Smartphone sales down due to demonetization, says report
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    According to research firm IDC, smartphone sales in the top 50 Indian cities fell sharply by 30.5 per cent in November 2016 over the previous month, hit by double whammy of liquid cash crunch.
Posted On : 26/Jan/2017 5:37:20 PM View More & Comment (2357)

Worlds first trillionaire will be Bill Gates in the next 25 years: Oxfam report
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    A new report has revealed that Microsoft founder Bill Gates will be the first trillionaire in the next 25 years. Oxfam International, a research organization has mentioned that one of the world’s richest man/
Posted On : 26/Jan/2017 4:14:44 PM View More & Comment (2637)

Real estate business to be down by 30 percent due to demonetization
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    According to Fitch Ratings has mentioned that in the coming year the real estate business can be affected by 30 percent due to demonetization.
Posted On : 26/Jan/2017 3:13:55 PM View More & Comment (1804)

Voter IDs issued to new voters on National Voters Day
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    On the occasion of the National Voters Day, Chennai Corporation has started distributing colour voters ID cards to new voters from yesterday.
Posted On : 26/Jan/2017 2:45:52 PM View More & Comment (2487)

Rs 10 coins are valid: RBI
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    The Reserve Bank of India has announced that the 10 rupee coins in circulation are valid and not to believe in rumours.
Posted On : 26/Jan/2017 12:01:48 PM View More & Comment (2251)

Prospects of Rs. 2000 currency notes declared as invalid before 31st March
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    Mr Thomas Franco, the President of the All India State Bank of India Officers Association, informed that there are good prospects of the new Rs. 2000 currency noted being declared as invalid before 31st March.
Posted On : 25/Jan/2017 6:26:37 PM View More & Comment (4266)

Central Government gives 2 months to repay agricultural loans
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    The central government has approved an extension of 2 months for the farmers to repay their agricultural loans.
Posted On : 24/Jan/2017 3:19:57 PM View More & Comment (2611)

TRAI proposes Aadhaar-based e-KYC for outstation, existing subscribers
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    The Telecom Regulatory Authority of India has received several cases from state police departments where it had been found that hundreds of SIM cards have been obtained using fake documents.
Posted On : 24/Jan/2017 2:55:44 PM View More & Comment (2393)

Implement system to verify mobile phone subscribers: Supreme Court
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    The Honorable Supreme Court has directed the central government to find a mechanism to ensure the verification of mobile phone subscribers. A NGO Lok Nidhi had filed a public litigation in the Supreme Court of India.
Posted On : 24/Jan/2017 2:36:36 PM View More & Comment (2351)

ASSOCHAM: Demonetization can do little to stop future black money flow
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    After the demonetization, the black money kept in cash form may disappear. However, the black money invested in the form of gold or Real Estate cannot be removed from the economy.
Posted On : 20/Jan/2017 10:23:23 AM View More & Comment (2086)

AirAsia has launched an Early Bird sale
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    AirAsia has launched an Early Bird sale which is , now underway, will go on till January 22, 2017, and you can book tickets for travel time between May 1, 2017 and February 6, 2018.
Posted On : 18/Jan/2017 1:36:51 PM View More & Comment (2927)

Last date for EPFO pensioners to submit life certificates is 28th February
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    Normally the EPFO pensioners have to submit their live certificates during the month of November. If the pensioners fail to do so, their pension will be stopped.
Posted On : 18/Jan/2017 1:29:25 PM View More & Comment (2426)

GST proposal submission postponed to 1st July
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    The central government Finance Minister, Mr. Arun Jaitley has informed that the GST (Goods and Services Tax) will be effective from 1st July, postponed from the earlier scheduled date of 1st April.
Posted On : 17/Jan/2017 7:09:08 PM View More & Comment (2736)

Taxes on fast food items set to go up
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    Information is gathered that the taxes on certain items like fast food and sweetened bottled drinks are likely to go up after the new budget
Posted On : 17/Jan/2017 4:56:33 PM View More & Comment (2747)

Income Tax Important Dates for FY 2016-17
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    There are two types of Income tax levy one is direct tax second one is indirect tax.
Posted On : 17/Jan/2017 1:12:56 PM View More & Comment (3923)
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