News at a Glance
PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000
The Prime Minister, Shri Narendra Modi, has invited views from the people, on the recent decision taken by the Union Government regarding currency notes of Rs. 500 and Rs. 1000.
Posted On :22/Nov/2016 5:17:27 PM
Only 10 percent of Rs.500, Rs.1000 are exchanged at banks, RBI
According to Reserve Bank of India�s reports, only 10 percent of demonetized Rs 500 and Rs 1000 notes are exchanged at banks.Further, in the report, it is stated that the Rs 500 and Rs 1000 notes that were in use was.
Posted On :22/Nov/2016 2:40:30 PM
Indias online sales to grow by 540 percent in 4 years
Morgan Stanley, a global financial services firm and a market leader in securities has stated that online sales will increase by 540 percent in four years down the line. Out of the total Indian population.
Posted On :22/Nov/2016 2:36:57 PM
Farmers can now use old Rs 500 notes
The Finance Ministry said in a statement that the farmers can now use old Rs 500 notes at state-owned outlets towards the purchase of seeds.In the statement it read: The government on Monday allowed farmers.
Posted On :22/Nov/2016 12:02:59 PM
Public can continue to accept Rs.10 coins as legal tender: RBI
The Reserve Bank of India has mentioned that Rs.10 coins are valid and not believe the rumours.It has been reported that some less-informed or uninformed persons who suspect the genuineness of such coins.
Posted On :22/Nov/2016 11:39:33 AM
People get additional 2 months to repay loans: RBI
Since there is shortage of currencies throughout the country, the RBI on Monday provided additional 60 days for repayment of housing, car, farm and other loans.The demonetization of Rs 500 and Rs 1000 banknotes.
Posted On :22/Nov/2016 11:37:40 AM
RBI imposes stiff conditions for withdrawal of up to Rs 2.5 lakh
Reserve Bank Of India has imposed stiff conditions for withdrawal of up to Rs 2.5 lakh in cash from bank accounts for marriages. From the day demonetization was announced, RBI has been imposing various restrictions.
Posted On :22/Nov/2016 9:48:50 AM
Ambit Capital Estimate - Growth for the Financial year 2018 will be 5.8 percent
Ambit Capital has estimated that the economic growth for the financial year (2017-18) will be 5.8 percent mainly attributing to the problem of money circulation shortage leading to stagnation in economic growth.
Posted On :21/Nov/2016 6:39:01 PM
SpiceJet announces slashed rate offers
SpiceJet, the budget airline has announced its annual sale offer at starting price Rs 737 per ticket for domestic travel. The offer begins today and will continue until 24th November 2016.
Posted On :21/Nov/2016 5:10:39 PM
Demonetization wont serve any purpose: Former RBI Deputy Governor
Former Reserve Bank Deputy Governor KC Chakrabarty has slammed the government�s demonetization exercise. He has mentioned that it won�t serve any purpose and there�s no benefit to the economy.
Posted On :21/Nov/2016 11:40:02 AM
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