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News at a Glance

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LPG subsidy cut off to 7 lakh consumers
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    The Central Government is taking various steps to curb the LPG subsidy. By directly transferring subsidy to cooking gas consumers account, the state oil companies have been able to weed out about 3.25 crore duplicate or inactive consumers, enlarging subsidy saving.
Posted On : 20/Jul/2016 1:00:56 PM View More & Comment (1916)

MPs salary gets doubled
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    The MPs Committee, which reviewed the salary of the Lok Sabha & Rajya Sabha Members of Parliament (MPs), had recommended the doubling of salary.
Posted On : 19/Jul/2016 4:32:48 PM View More & Comment (2310)

Soon make funds transfer using smartphones
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    Funds transactions can henceforth be done using smartphones. The Reserve Bank of India is soon set to launch this facility, said RBI Governor Raghuram Rajan.
Posted On : 19/Jul/2016 2:44:37 PM View More & Comment (1318)

Further increase in pulse prices
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    The prices of pulses have en increasing steadily over the last 2 years due to drought conditions.
Posted On : 18/Jul/2016 3:41:06 PM View More & Comment (1830)

Last date for filing tax is 31st of July
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    It is mandatory for everyone to file taxes every year if their income level falls under taxable income category.
Posted On : 18/Jul/2016 12:39:11 PM View More & Comment (1952)

47 percent Indians dont save money for future
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    In this era of busy work life and hectic job, it is imperative for one to save for the future to meet the needs that rise after you cross 60 years of age.
Posted On : 18/Jul/2016 12:27:34 PM View More & Comment (2786)

Low cost, high value data packs from Idea Cellular
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    Idea Cellular has said that it provides 45 per cent more value to its customers on its data packs under 4G, 3G and 2G. tThe packs cost between Rs. 8 and Rs. 225.
Posted On : 18/Jul/2016 10:57:33 AM View More & Comment (1631)

Revised compensation norms in case of cancellation or delay of domestic flights
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    New guidelines by the DGCA which is the aviation regulator in India has included heavy fines and compensations for domestic airlines that cancel a flight or deny boarding to a flier.
Posted On : 18/Jul/2016 10:48:21 AM View More & Comment (2841)

Gold Bond release (4th Phase) on 18th July
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    So far, the Gold Bonds have been released in 3 phases. For the 4th phase of Gold Bond release, applications can be sent from Monday (18th July) till Friday (22nd July). Allotments will be given on 5th August.
Posted On : 18/Jul/2016 10:28:44 AM View More & Comment (1289)

14.13 lakh BPL LPG connections released under PM Ujjwala Yojana
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    14.13 lakh LPG connections have been released to women of BPL families under the Pradhan Mantri Ujjwala Yojana (PMUY). The scheme is currently under operation in 487 districts of 17 states.
Posted On : 17/Jul/2016 9:35:54 AM View More & Comment (2392)

MLS Business Centre launches operations in Bengaluru
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    Chennai based MLS Business Centres India, which has been in the business of offering high end plug and play office space
Posted On : 16/Jul/2016 5:35:27 PM View More & Comment (2801)

New regulation on cash transactions
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    The Special Enquiry Committee formed under the leadership of retired justice M P Shah, which was as per Supreme Court Order, submitted its 5th Report on its guidelines about restricting the circulation of black money.
Posted On : 16/Jul/2016 9:56:12 AM View More & Comment (1704)

New regulations for cancelling flight tickets
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    In the current system, the airline companies recover the additional charges whenever a flight ticket is cancelled after reservation.
Posted On : 15/Jul/2016 5:42:16 PM View More & Comment (2104)

Work environments and job structure are likely to change, PwC reports
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    A PwC research has stated that there will be differences in job and work environments in the future.
Posted On : 15/Jul/2016 3:31:32 PM View More & Comment (2252)

Approval given for increasing the price of kerosene by 25 Paise per litre every month
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    For the 1st time in the last 5 years, the central government has increased the price of kerosene by 25 Paise per litre.
Posted On : 15/Jul/2016 9:51:32 AM View More & Comment (1618)

2,36,000 Crorepathis in India
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    A recent research has found out that there are 2,36,000 crorepathis in India. The total value of all their assets is Rs 1.5 lakh crore dollars, the research reports add.
Posted On : 14/Jul/2016 12:27:09 PM View More & Comment (2445)

Amazon is in a construction spree
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    Leading ecommerce company Amazon is now in the process of constructing wooden houses for its employees.
Posted On : 14/Jul/2016 12:13:19 PM View More & Comment (1869)

Tamil Nadus commerce and industry potential shows in study
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    The Associated Chambers of Commerce and Industry of India, or the Assocham, along with the Madras Chamber of Commerce and Industry, or the MCCI, has conducted a study on the economy of TN and released a sustainable action plan.
Posted On : 13/Jul/2016 4:11:11 PM View More & Comment (1719)

Bank employees to strike on 29th July
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    All India Bank Employees Association General Secretary C. H. Venkatachalam said: 10 Lakh bank employees have decided to go on a strike for a day on 29th July.
Posted On : 13/Jul/2016 10:18:41 AM View More & Comment (1426)

A Survey: Indian Companies more transparent than the Chinese
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    In a recent survey on international transparency in operations, it is established that Indian companies are more transparent than their Chinese counterparts.
Posted On : 13/Jul/2016 10:05:57 AM View More & Comment (1957)
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