NEWS AT A GLANCE
No ID proof needed for exchange of old currency notes
The Reserve Bank of India, RBI, has asked not to collect photocopies of identities while exchanging old currency notes. In an official email, RBI said, The guidelines only require customers.
Posted On :16/Nov/2016 5:18:04 PM
Job allotment consultation for candidates who passed Group 2 A
A written test was conducted on 24th January to fill up the vacant post which did not include interviews for Group 2 A. The verification of documents for the successful candidates
Posted On :16/Nov/2016 4:51:31 PM
Power shutdown areas in Chennai on 18-11-16
Power supply will be suspended in the following areas on 18-11-16 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 :16/Nov/2016 4:45:53 PM
Exciting, yet affordable overseas destinations for Indians
Indians presume that every overseas destination they desire to travel to will burn more from their pockets, as the value of Indian rupee is looked upon to be of very low value. This however is merely a myth.
Posted On :16/Nov/2016 3:25:03 PM
Gold rate decreased Rs.168 per sovereign
The cost of gold has decreased Rs.168 per sovereign on Wednesday evening (Nov 16, 2016).A sovereign was worth Rs.23016.00 and a gram was Rs.2877.00.The cost of 1 gram of pure gold (24K) is now Rs.3034.00.
Posted On :16/Nov/2016 3:20:13 PM
The Road to paper money in India
Currency in India can be traced back to as long as the 6th Century BC. Let’s go back in history and trace the origins of money in our country.Along with the Chinese and the Middle Eastern Lydians, Indians were the earliest issuers.
Posted On :16/Nov/2016 3:07:00 PM
Indelible ink to mark fingers of people exchanging demonetized notes
It is understood that in Tamil Nadu for those who exchange cash at bank branches would receive an indelible ink mark on their finger. This work will commence in a day or two.The Centre has announced that.
Posted On :16/Nov/2016 2:35:45 PM
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
Land registrations not affected because of the demonetization
The impact of demonetization of Rs 500 and Rs 1,000 currency notes on the residential real estate segment is very less. Registrar has mentioned that the land registrations were not affected.
Posted On :16/Nov/2016 12:59:13 PM
Railway Ticket Refund against only PAN, Aadhar and Details of Bank Account
The Southern Railway has mentioned that passengers cancelling high value advanced booked tickets should produce Aadhar or PAN card at the ticket counter.After the demonetization of Rs 1000 and Rs 500 notes.
Posted On :16/Nov/2016 12:55:45 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
Light showers in some areas of the city
Meteorological department has mentioned: A low pressure trough (depression) can be seen over southwest Bay of Bengal near Kanyakumari. One or two spells of rain or thundershower is likely to occur.
Posted On :16/Nov/2016 11:17:28 AM
New changes in the TNPSC Group 2 Main question paper
New changes in the TNPSC Group 2 Main question paper have been introduced. TNPSC has decided to include 15 and 30 marks questions.Tamil Nadu Public Service Commission (TNPSC) conducts Combined.
Posted On :16/Nov/2016 11:14:13 AM
Gold rate increased Rs.32 per sovereign
The cost of gold has increased Rs.32 per sovereign on Wednesday morning (Nov 16, 2016).A sovereign was worth Rs.23216.00 and a gram was Rs.2902.00.The cost of 1 gram of pure gold (24K) is now Rs.3061.00.
Posted On :16/Nov/2016 11:09:54 AM
Demonetisation impact - Devotees visiting Tirupathi comes down
With the recent announcement rendering the currency notes of the demonetisation Rs. 500/- and Rs. 1000/- as invalid, the devotees visiting the famous Tirupathi are most acutely affected.
Posted On :16/Nov/2016 10:16:35 AM
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
