Petrol price was on Saturday hiked by Rs. 1.34 per litre and diesel price increased by Rs. 2.37 per litre. Revised rates will take effect from midnight.Rates will differ from state to state due to differential local sales tax or VAT rates.
5 Crores investors in Mutual Funds
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The number of Mutual Funds Investors has crossed 5 Crores.During the first 6 months of the current financial year, 29 lakhs new investors have joined the mutual fund schemes.
The central ministry is likely to introduce exclusive rules for pricing so that the price of indispensable provision items including pulses, sugar, and so on can be maintained under control at times of abnormal scenarios.
According to a Forbes list of 400 people five Indian-Americans are among the richest in the US.Symphony Technology founder Romesh Wadhwani, co-founder of outsourcing firm Syntel Bharat Neerja Desai.
The Securities and Exchange Board of India ( SEBI) has proposed to ban unauthorized trading tips through SMSes, WhatsApp, Twitter, Facebook and other social media platforms, as also games, competitions.
Following the recent Reserve Bank of India decision to reduce the REPO ratio by 0.25 basic index, banks also have started reducing the interest rates.Bank of India and Syndicate Bank have already reduced.
5 successive holidays for banks
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The banks would be closed for 5 successive days on the occasion of Vijayadasami and Muharram festivals.Today, being a 2nd Saturday (8th October) is a holiday. 9th October is a Sunday. 10th October (Monday).
Boom in Online festive sales season
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Online festive sales season kicked off last weekend. Surprisingly, its not just the traditional urban consumers who are driving sales, but their counterparts from small towns, too.
The central government has decided to issue appreciation certificates for Income Tax Payers who paid IT of Rs. 1 Lakh or more.Within the 1st 2 weeks of implementing this plan, the central government department/
Creamline Dairy launches Enrich D milk
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The Dairy company Creamline, operating from South India, has been manufacturing and marketing milk and milk-related products under the name Jersey.The Dairy company had introduced a new milk product Enrich D.
According to a World Bank research, automation threatens 69 per cent of the jobs in India while 77 per cent in China.World Bank President Jim Yong Kim said: Everyone is aware that the technology will change the world.
Reserve Bank of India Governor Urjit Patel who took up as governor cut interest rates by a quarter points in his debut policy. This is the first decision announced by the newly formed six-member monetary policy committee.
The Central Government has made Aadhaar mandatory for availing cooking gas (LPG) subsidies.Government currently gives 12 cylinders of 14.2-kg each at subsidized rates per household in a year.
Petrol price was on Tuesday hiked by 14 paise per litre & diesel rate was also increased by 10 paise per litre. Revised rates will take effect from midnight.Rates will differ from state to state due to differential local sales.
The Reserve Bank of India has announced the reduction in short-term lending interest rate from 6.5 percent to 6.25 percent.The 1st committee meeting after Mr. Urjit Patel assumed office as the New Governor.
The cheapest of all life insurance policies is a term insurance. Sadly, most of us are skeptical about its importance and need, and question its need. Contrarily, this should never be a question, but a mandate.
Based on the recommendations of the Seventh Central Pay Commission recommendations the union government has accepted the Modified Assured Career Progression (MACP) for Central employees.
MobiKwik to disburse personal loans
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One of the leading mobile wallet companies in the country MobiKwik will give short-term credit to its users for one-time festive buying from its merchant partners as well as for other personal transactions.
The commissioner of the EPFO (Employees Provident Fund Organisation), Dr V. P. Joy, announced that the facility for the employees to buy and own houses through the Provident Fund savings would be introduced from the next year.
