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News at a Glance


Central government order for the banks to furnish the income details of all loan repayment defaulters

The central government has ordered the Income-tax department to furnish the income tax record of all individuals who had take huge loans and failed to pay the monthly loan installments.

Posted On :30/May/2014 2:30:39 PM

Diesel Price to continue in the new government?

It is expected that the current practice of raising the diesel prices by 50 Paise per litre every month will be continued by the new government.

Posted On :30/May/2014 2:27:46 PM

Gold price reduced in Chennai

The cost of gold has reduced Rs.56 Per Sovereign on Friday evening (May 30, 2014).

Posted On :30/May/2014 10:54:01 AM

LIC launches online term insurance plan, finally

Life Insurance Corporation of India (LIC), the industry�s biggest player did not have an online term plan, until now.

Posted On :30/May/2014 10:04:30 AM

Provident Fund Office has allowed companies cap on PF contribution

The Provident Fund Office has allowed companies to cap their per-month PF contribution to employees at Rs. 6,500.

Posted On :30/May/2014 9:46:42 AM

Malaysian low-cost carrier AirAsia India to take to skies from Chennai on June 12

Malaysian low-cost carrier AirAsia will take to Indian skies from June 12, with two daily flights on the Chennai-Bangalore route.

Posted On :30/May/2014 9:42:56 AM

Chennai Stock Exchange to be closed!

It has become certain that the Chennai Stock Exchange will stop functioning.

Posted On :29/May/2014 2:27:34 PM

For transactions less that Rs. 1/-, round off to the nearest Rupee!

The difficulties experienced by non-banking financial institutions while collecting the interest or advance in rounding off the amount less than Rs. 1/- to the nearest Rupee was brought to the notice of the Reserve Bank of India.

Posted On :29/May/2014 2:23:47 PM

Gold Import restrictions to be relaxed?

Modi�s government has been examining the possibilities of relaxing the restrictions on gold import.

Posted On :29/May/2014 2:22:30 PM

Prepaid Vodafone Customers Can Choose Their Own Numbers

Vodafone India has announced the launch of �CYN - Choose Your Number� facility for its pre-paid customers.

Posted On :29/May/2014 12:00:26 PM