News at a Glance
Indian IT industry to battle in 2017
The Indian IT industry worth $143 billion that has been undergoing different challenges in 2016 will also continue in the newly born 2017.
Posted On :03/Jan/2017 3:29:03 PM
Government says service charges in restaurants optional
Service tax is collected along with the rate and tax from the customers who come to eat in the restaurants. The service tax is collected for serving the customers. Many have been known to add a service charge.
Posted On :03/Jan/2017 10:48:35 AM
Normalcy to return to the banking system by February- SBI Chairperson
The central government took stern steps to demonetise the high value notes on 8th November. This step was taken to abolish black money and fake notes.
Posted On :03/Jan/2017 10:27:01 AM
BHIM downloaded 3 mn times, top app in India
Prime Minister Narendra Modi on December 30 launched the BHIM app. This Indigenous digital payments app BHIM has been downloaded 30 lakhs users. The Bharat Interface for Money (BHIM) is a simplified payment.
Posted On :03/Jan/2017 10:10:52 AM
The prices of consumer durable items to go up in 2017
An information is gathered that all the manufacturers of consumer durable items have decided to increase the prices of items like fridge and washing machine in the New Year.
Posted On :02/Jan/2017 6:01:25 PM
Tips to escape from the cash crunch with ease
Even after nearly two months of demonetizing the most widely used Rs 500 and Rs 1000 notes in India, the dust has still not settled. The inconvenience is prevalent among people, especially among poor and middle income group.
Posted On :02/Jan/2017 3:18:04 PM
Jewellery sales in the New Year up by 25 percent as compared to last year
The sales of jewellery on the New year Day (1st Jan, 2017) was up by 25 percent as compared to the previous year (1st Jan, 2016). Further, money transaction done through bank debit/credit cards was up by 80 percent.
Posted On :02/Jan/2017 2:56:27 PM
NRIs to have more time to exchange demonetized notes
The last date to get old, demonetized Rs 500 and Rs 1000 notes deposited at banks got over on 30th December 2016. Following this, the government has announced that those who still have these demonetized notes.
Posted On :02/Jan/2017 2:31:04 PM
Kerosene, aviation fuel to see price hike
The price of kerosene and aviation fuel have got increased. The oil companies in India fix petroleum product price twice in a month depending on variations in crude oil rate in the international market.
Posted On :02/Jan/2017 1:03:11 PM
Oil companies hike the price of subsidized LPG
Oil companies have hiked the price of commercial LPG (liquefied petroleum gas) price by Rs 1.50 a 19-kg cylinder. Now the cylinder will cost Rs 1203.
Posted On :02/Jan/2017 10:40:19 AM
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