News at a Glance
Demonetization hits goldsmiths with 75 percent loss in salary
Dip in gold sales continues on and on and goldsmiths are to bear with over 75 percent loss in income.The Prime Minister Narendra Modi announced demonetization of Rs 500 and Rs 1000 notes on 8th November.
Posted On :29/Nov/2016 11:25:47 AM
Cash withdrawal limit to be relaxed
On Monday, the Reserve Bank of India, RBI, issued a notification that announced that the current cash withdrawal limit at banks and ATMs will be relaxed on or after Nov. 29. The notification.
Posted On :29/Nov/2016 11:19:35 AM
30 days extension given by Insurance Companies to pay premium
Following the acute shortage faced by the public for immediately after the recent demonetization, and also with the limitation of the maximum withdrawal of Rs. 24000/- only permitted in a week,
Posted On :29/Nov/2016 9:51:22 AM
RBI Governor Urjit Patel says that he will very soon ease the pain
Governor Urjit Patel said RBI is taking all necessary actions to ease the genuine pain of citizens who are honest and who have been hurt and hoped things will normalise soon.
Posted On :28/Nov/2016 1:09:47 PM
Decline in number of telephone subscribers
Data released by the Telecom Regulatory Authority of India, or TRAI, has shown that the number of telephone subscribers in India declined from 1,058.85 million at the end of July 2016.
Posted On :28/Nov/2016 12:25:36 PM
50 rupee notes and 100 rupee notes will be valid
The central government has announced that people should not believe in rumours and the old 50 rupee notes and 100 rupee notes will be under circulation. After demonetization of Rs 500 and notes,
Posted On :28/Nov/2016 11:24:12 AM
Digital payment system for paying parking charges at the airports
Prime Minster Narendra Modi demonetized Rs 500 and Rs 1000 notes. He also mentioned that new Rs 2000 will be introduced in lieu of void notes. Though Rs 2000 notes were released,
Posted On :28/Nov/2016 10:18:11 AM
Rs.32,631 Crores deposited in post offices
The demonetized old 500 and 1000 rupee notes were exchanged in post offices. Those of who did not have postal savings accounts exchanged their money showing the identify cards.
Posted On :28/Nov/2016 10:04:27 AM
Retailers to submit list of recharges before 15th Dec
A top government official said that retailers who are into prepaid mobile vouchers sales need to submit the details of all customers who recharge their phones using old currency notes.
Posted On :26/Nov/2016 5:23:28 PM
Delay in salaries possible, say experts
According to a report in a leading business daily, before the major financial move of demonitisation, banks witnessed maximum withdrawals in the first week of the month, with almost 50 -70 per cent of salary.
Posted On :26/Nov/2016 12:38:25 PM
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