News at a Glance
India: Salaries to rise 10 percent
A study has revealed that salaries are expected to rise by 10 per cent in 2017. According to the 2016 Report released by Willis Towers Watson, salaries in India are projected to rise 10 per cent in 2017.
Posted On :16/Nov/2016 2:32:14 PM
Deadline for banks to clean up their balance sheet stands at March 2017 - RBI
The Reserve Bank of India has confirmed that it will stick to its deadline of March 2017 to clean up balance sheets of banks. Non returning of bank loans are creating a great impact on the country�s economics.
Posted On :16/Nov/2016 2:28:05 PM
List of Governors of Reserve Bank of India
The Reserve Bank of India is considered to be traditionally shy and conservative while being so close to the general public. The RBI has been led by many distinguished personalities.
Posted On :16/Nov/2016 12:35:59 PM
Rs 2000 notes to be dispensed by ATMs from today
Yesterday Rs 2000 notes were dispensed by the ATMs. It is expected that new 500 new notes will be introduced in a day or two.Once the government demonetized the 500 and 1000 rupee notes, the new Rs 2000 notes.
Posted On :16/Nov/2016 12:29:35 PM
Currency in India: An Overview
The first paper currency in India was issued during the late 18th century by the British East India Company. Private Banks such as the Bank of Hindustan and presidency banks were among the pioneers.
Posted On :16/Nov/2016 12:00:22 PM
Soiled notes in circulation to cope with shortage
To cope with short supply of currency notes, the Reserve Bank of India, RBI, has brought back soiled notes. These are usually destroyed by the central bank.Banking sources say, RBI has decided to put soiled notes.
Posted On :16/Nov/2016 9:37:39 AM
Petrol price down by Rs 1.46, diesel by Rs 1.53
Petrol price was down today by Rs 1.46 a litre and price of diesel also cut by Rs 1.53 per litre. Revised rates will take effect from midnight.The hike announced by oil companies is excluding state levies.Rates will differ.
Posted On :15/Nov/2016 9:16:25 PM
Currency notes of Rs. 20 & Rs. 50 in ATMs soon
The CEO of the State Bank of India,Arundhathi Bhattacharya has informed that the dispensing of the currency notes of Rs. 20/- and Rs. 50/- will commence soon for the public facility.
Posted On :15/Nov/2016 5:51:21 PM
ASSOCHAM - Cut down the registration fee by 50 percent to get rid of black money
ASSOCHAM (The Associated Chambers of the Commerce of India) has recommended that the registration charges in the real estate industry must be reduced by 50 percent as a strong step.
Posted On :15/Nov/2016 4:59:28 PM
Every depositor to get an indelible ink mark, Centres new move
The centre has made a new move to prevent black money turning white by making an indelible ink mark on fingers of those who approach banks for exchanging old money for new.
Posted On :15/Nov/2016 4:04:44 PM
JB Soft System