Nearly seven firms including KPMG, BNP Paribas, and Rothschild India Pvt Ltd are competing to recommend the government for Air India strategic sale and its subsidiaries.
Petrol and diesel price increased
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Petrol price was increased by 7 paise per litre and diesel price up by 8 paise per litre with effect from 6 am, Oct 27.
Petrol and diesel price increased
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Petrol price was increased by 4 paise per litre and diesel price up by 6 paise per litre with effect from 6 am, Oct 26.
The deadline for linking Aadhar card details with various other avenues (mobile, family smart ration card, bank account, and other social welfare benefits) has now been extended from 31st December 2017 to 31st March 2018.
The central government has retained the rate of interest for the General Provident Fund (GPF) and other similar schemes at 7.8% for the October-December quarter.
Petrol and diesel price increased
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Petrol price was increased by 2 paise per litre and diesel price up by 3 paise per litre with effect from 6 am, Oct 25.
If the proposal doesn’t contain the details of material facts, you will probably go through a very tough phase as a nominee. Hence, you got to be very careful at the time of filing proposal.
Government of India have announced the Sale (re-issue) of (i) 6.84 per cent Government Stock, 2022 for a notified amount of Rs. 3000 crore (nominal) through price based auction.
IOB reduces interest rates on loans
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The banks fix the loan interest ratio rates based on the MCSR. Accordingly, the Indian Overseas Bank (IOB) has reduced the MCSR ratio for 3 months by 35 basis points, the MCSR ratio for 6 months by 30 basis points.
India Post Payments Bank (IPPB) has appointed Mr. Suresh Sethi, the former MD of Vodafone M-Pesa Ltd. as its Managing Director & Chief Executive Officer. Mr. Sethi had been selected by the Banks Board Bureau.
Petrol and diesel price remain unchanged today (October 24). Prices may vary from Outlet to Outlet within a city due to differential local sales tax or VAT rates.
The central government has ordered the banks to verify the identity copies furnished by those who do financial transactions of over Rs. 50000 by checking with the original documents of ID proof.
Petrol and diesel price increased
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Petrol price was increased by 2 paise per litre and diesel price up by 3 paise per litre with effect from 6 am, Oct 23.
The Reserve Bank of India has come up with an explanation that it is mandatory to link Aadhar card details with the bank savings account under the Money Laundering Prevention Act.
Petrol and diesel price increased
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Petrol price was increased by 14 paise per litre and diesel price up by 9 paise per litre with effect from 6 am, Oct 22.
RBI not to make rate cut, say experts
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According to discussions during the Monetary Policy Committee (MPC) meeting, the RBI is set to take a cautious path, and hence the possibility of making rate cut is meagre.
The Government has been examining the Drugs (Prices Control) Order, 2013 (DPCO) with a view to enhancing the accessibility and affordability of essential medicines at reasonable prices to the poor and needy.
