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News at a Glance

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Petrol price up by Rs 3.78, diesel by Rs 1.70
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    Prices of petrol and diesel in Tamil Nadu went up by Rs 3.78 and Rs 1.70 respectively, following the state government revising the Value Added Tax (VAT) on these products.
Posted On : 05/Mar/2017 7:57:26 PM View More & Comment (2868)

Software service sector growth to be 10 percent, NASSCOM
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    NASSCOM has reported that there will be 8 to 10 percent growth in India’s Software Service sector during 2017-18.
Posted On : 04/Mar/2017 3:19:49 PM View More & Comment (1734)

H1B visa issuance is stopped for 6 months
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    The American government has temporarily stopped issuing H1B Premium visa. Starting from 3rd April, for 6 months from then, issue of H1B visa will remain stopped. This has put all Indian IT employees panicked.
Posted On : 04/Mar/2017 12:51:17 PM View More & Comment (2278)

SBI announces penalty for not maintaining minimum balance
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    If your SBI account does not have the minimum balance maintained, according to a new announcement from the bank, you may have to bear with a penalty from 1st April.
Posted On : 04/Mar/2017 11:43:41 AM View More & Comment (4718)

Top 4 Ways CRM Software Company in Chennai Can Help Improve Your Customer Service
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    It has become quite crucial for all entrepreneurs to make use of the latest technology, so as to get the most out of their business and earn profits. Besides assisting the sales representatives.
Posted On : 04/Mar/2017 10:15:00 AM View More & Comment (3718)

RBI seeks conducting special camps on digital payments
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    The Reserve Bank of India has requested all the banks to conduct special camps and create awareness about digital payments to all the people. The camps are set to start from 1st April and will teach about UPI and USSD 99# payments.
Posted On : 03/Mar/2017 2:32:05 PM View More & Comment (1122)

Furnishing of Aadhaar mandatory for final settlement of Pension claims
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    The EPFO has clarified that obtaining of Aadhaar should be mandatory for the time being only for final settlement of Pension and not in withdrawl cases. The EPFO had extended the date of submission of Aadhaar Number.
Posted On : 03/Mar/2017 9:50:36 AM View More & Comment (1228)

New India Assurance plans 300 Micro-offices for the benefit of Rural public
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    The New India Assurance Company has planned to open 40 new Micro-offices throughout Tamil Nadu during the next financial year for the benefit of the rural citizens
Posted On : 02/Mar/2017 6:11:23 PM View More & Comment (2280)

The law regarding penalty for those in possession of old demonetized notes effective
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    The central government announced on 8th November 2016 that the old currency notes of Rs. 500 and Rs. 1000 will not be valid as a measure to smuggling and circulation of black money in the country.
Posted On : 02/Mar/2017 6:05:33 PM View More & Comment (1660)

Electronic collection of LIC Premium payments
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    With the increasing trend of electronic exchanges all over the country, the country’s premier Public Sector Insurance Company LIC (Life Insurance Corporation of India) is set to collect all premium payments on policy in electronic mode.
Posted On : 02/Mar/2017 3:35:20 PM View More & Comment (1531)

Announcement from Private Banks: Charges for more than 4 transactions per month
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    The demonetization caused a lot of hardships to the public. There was a severe cash shortage in the ATMs. The Public started gathering in huge numbers in the banks and ATMs to withdraw money.
Posted On : 02/Mar/2017 12:56:38 PM View More & Comment (1721)

Government to conduct programs promoting women entrepreneurship
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    Very soon, government will start taking vigorous steps to promote women entrepreneurship. Among its initiatives is to conduct programs in the following weeks where mentoring and business capitals will be offered.
Posted On : 02/Mar/2017 12:09:15 PM View More & Comment (1430)

All banks are requested to enable mobile banking soon
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    As a move to promote digital transactions and cashless India, the government has requested all banks to make mobile banking facility available to all their customers by or before 31st March this year.
Posted On : 02/Mar/2017 11:54:54 AM View More & Comment (1350)

IndiGo launches two flights to Madurai in Tamil Nadu
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    Low-cost carrier IndiGo yesterday launched its maiden flight to Madurai from Delhi via Chennai and return to the national capital with a touchdown in the state capital of Tamil Nadu.
Posted On : 02/Mar/2017 11:51:19 AM View More & Comment (1898)

Non-subsidised LPG cylinder price goes up by Rs 86
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    With effect from 1st March, 2017, non-subsidized price of LPG cylinder has increased by Rs.86. This is in line with the rise in global LPG product prices. However, there will be no impact on the LPG consumers.
Posted On : 01/Mar/2017 1:07:27 PM View More & Comment (1742)

The ban on the sales of plots will apply only to unapproved lands
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    The Chennai High Court has explained that the ban on the sales of plots will apply only to the unapproved lands.
Posted On : 01/Mar/2017 12:26:55 PM View More & Comment (1849)

Rs.10 coins are absolutely valid, clarifies RBI
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    Reserve Bank of India has yet again announced that Rs 10 coins are legally valid. Hence, it has requested people to accept the coins without hesitation.
Posted On : 01/Mar/2017 10:42:05 AM View More & Comment (1653)

Even now it is possible to exchange old notes - here it is
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    The central reserve bank has recently announced a new facility to exchange the old notes exclusively for the Indian Citizens residing abroad.
Posted On : 28/Feb/2017 6:34:28 PM View More & Comment (3583)

New charges for financial exchanges in banks from 1st March
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    Even as the demonetization phase is coming to an end, some major banks have decided to implement additional charges for transactions over a fixed amount.
Posted On : 28/Feb/2017 6:23:27 PM View More & Comment (2364)

7th Pay Commission ramps up gratuity payment limit
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    From the present gratuity payment limit of Rs 10 lakh, it is ramped up to Rs 20 lakh, according to the centre’s latest decision. And the same is the recommendation suggested by 7th Pay Commission as mentioned in its report submitted to the government.
Posted On : 28/Feb/2017 3:02:22 PM View More & Comment (2477)
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