Reserve Bank of India has announced that currency notes (denomination Rs. 500/- & Rs.1000/-) printed before 2005 can be exchanged till 30th June, 2015.
The latest statistics released from the Reserve Bank of India indicates that there has been an increase of 11% in the amount of loans given by commercial banks during the first 2 weeks of December.
The Government has set up an Inter Ministerial Committee for considering the requirement of separate legislation in respect of Direct Selling / Multi Level Marketing.
Gold rate decreased Rs.32 per sovereign
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The cost of gold has decreased Rs.32 per sovereign on Wednesday morning (Dec 24, 2014).
The Government is actively considering a proposal under which all Hallmarking and Assaying centres will assign a unique nine character code to the jewellery for purity and traceability.
The central Minister for Employee welfare, Mr. Bandaru Dattatreya, indicated in the Lok Sabha that the government had made some crucial decisions for ESI subscribers including the raising the current limit of Rs. 1500/- to Rs. 2000/-.
Gold rate reduced Rs.200 per sovereign
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The cost of gold has reduced Rs.200 per sovereign on Tuesday morning (Dec 23, 2014).
Gold rate decreased Rs.40 per sovereign
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The cost of gold has decreased Rs.40 per sovereign on Monday morning (Dec 22, 2014).
The Goods & services Tax proposed in the parliament includes the petrol & diesel taxes much against the protest from several state governments including Tamil Nadu. However, alcoholic liquor is not included.
Gold rate increased Rs.72 per sovereign
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The cost of gold has increased Rs.72 per sovereign on Saturday morning (Dec 20, 2014).
SEBI (Securities and Exchange Board of India) has planned to ease all documentation procedures for villagers aiming to increase their participation in share trading.
