News at a Glance
IRCTC in Fortune Next 500 List
IRCTC (Indian Railways Catering and Tourism Corporation) has secured a place in the Fortune Next 500 List for the 2nd consecutive year. IRCTC has a place in the list of the next richest 500 Indian companies (after the first 500 richest Indian companies) released by Fortune.
Posted On :22/Aug/2016 9:29:42 AM
Mr. Urjit Patel - New governor of Reserve Bank of India
Mr. Urjit Patel, currently the Deputy Governor of the Reserve Bank of India, has been appointed as the next governor of the Reserve Bank of India.He will assume office on 4th September.In a trend of promoting the Deputy governors of RBI as governor, this is the 8th time.
Posted On :21/Aug/2016 8:35:08 PM
A new scheme to facilitate withdrawal of pension without employers approval
EPFO (Employees Provident Fund Organisation) has introduced a new format 10D based on Unique Account Number (UAN) for the subscribers of EPF (Employees Provident Fund).With the introduction of this new system, the EPF subscribers can withdraw the pension even without approval from their employers.
Posted On :20/Aug/2016 5:36:54 PM
No service tax for credit or debit card, or net banking usage
The cabinet ministry has announced cancellation of all service tax and additional charges imposed on transactions made on credit card, debit card or net banking.
Posted On :20/Aug/2016 12:12:25 PM
Who is going to be the next RBI governor?
The Prime Minister of India, Narendra Modi and Finance Minister Arun Jaitley have decided on who is going to be the next RBI governor. Official announcement about this is expected by next month.
Posted On :20/Aug/2016 11:53:12 AM
The token work strike on 2nd September: Bank Employees decide to participate
Several labour Unions have decided to go on strike protesting against the recent modifications proposed by the central government on labour welfare. The unions have announced the plan to go on a general strike on 2nd September.
Posted On :19/Aug/2016 6:13:04 PM
Only 14 lakh income tax assesses in highest bracket in 2012-13
The Income Tax Return Statistics for Assessment Year 2012-13 says that only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs 10 lakh, attracting the highest tax bracket of 30 per cent, in assessment year 2012-13.
Posted On :19/Aug/2016 4:08:46 PM
SBI merges with six other banks to become worth Rs. 37 lakh crore
The Board of Directors of the State Bank of India, or SBI, approved merger of its five associate banks and Bharatiya Mahila Bank with itself. It also finalised the share swap ratio for three of the listed subsidiaries and BMB.
Posted On :19/Aug/2016 2:49:51 PM
New York Hotel The Plaza - the most popular among the richest
The Hotel The Plaza in New York, owned by the Sahara Group, has secured the 1st place in the list of international hotels best liked by the rich people.The Hotel St. Regis Residence in New York secured the 3rd place.
Posted On :18/Aug/2016 9:45:17 AM
Petrol price slashed by Rs.1 per litre, diesel by Rs.2 per litre
Petrol price was on Monday slashed by Rs.1 per litre and diesel price reduced by Rs.2 per litre.
Posted On :16/Aug/2016 9:15:53 AM
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