News at a Glance
Isolated rains in Tamil Nadu and Puducherry
At a time when the northeast monsoon has set, the depression formed in the central Bay of Bengal is still stationed there. Because of this, there will be isolated rains in one or two places of Tamil Nadu and Puducherry.
Posted On :17/Nov/2016 5:14:41 PM
Power shutdown areas in Chennai on 19-11-16
Power supply will be suspended in the following areas on 19-11-16 between 9.00 A.M. to 2.00 P.M. for maintenance work.Supply will be resumed before 2.00 P.M. if the works are completed.
Posted On :17/Nov/2016 4:36:55 PM
How powerful is RBI and who decides when to print currencies?
All the currency management in our country is handled by the Reserve Bank of India. The other responsibilities it handles include regulation of credit system in the country, use of monetary policy for ensuring financial stability, and so on.
Posted On :17/Nov/2016 4:33:25 PM
New rates announced by Axis Bank
Effective Friday, Axis Bank has cut marginal cost of fund-based lending rate, or MCLR, by 0.15-0.20 per cent.In its regulatory filing, Axis Bank said, Axis Bank reviews and reduces the MCLR by 15 basis points.
Posted On :17/Nov/2016 4:04:19 PM
Gold rate decreased Rs.96 per sovereign
The cost of gold has decreased Rs.96 per sovereign on Thursday evening (Nov 17, 2016).A sovereign was worth Rs.22920.00 and a gram was Rs.2865.00.The cost of 1 gram of pure gold (24K) is now Rs.3021.00.
Posted On :17/Nov/2016 3:33:26 PM
How to get wedding withdrawal of up to Rs. 2.5 Lakhs from bank account?
The Economic Affairs Secretary Shaktikanta Das announced today (Thursday, 17th November) that the families organizing weddings can withdraw of up to Rs. 2.5 Lakhs from their savings bank accounts.
Posted On :17/Nov/2016 3:04:03 PM
SBI cuts interest rates
State Bank of India, SBI, has announced that it will cut interest rates by 15 basis points , bps, on term deposits between one and three years.Officials said, There could be more rate cut on deposits and loans.
Posted On :17/Nov/2016 2:40:50 PM
Economic Survey: cash shortage will continue for several months
As on 31st March 2016, the number of currency notes issued by the Reserve Bank of India Rs. 500/- currency notes is Rs.1571 Crores. This is 48 percent of the total currency in circulation.
Posted On :17/Nov/2016 2:36:44 PM
Why there is no sufficient rainfall during this monsoon?Meteorological Department explains
Southwest monsoon rains withdraw on 30th October and the northeast monsoon set in. Though the monsoon set in late, heavy rainfall was expected but there was only sporadic rainfall in some places.
Posted On :17/Nov/2016 1:03:53 PM
BBC World Service adds 11 languages, including 4 from India
The BBC World Service from London will soon begin broadcasting in 11 additional languages including 4 Indian languages.In a statement BBC has mentioned: Last year the British Government had allotted funds.
Posted On :17/Nov/2016 12:59:00 PM
JB Soft System