A passenger found travelling in train on berths booked under Sr Citizen Quota be treated as travelling without ticket

From February 1, any passenger found travelling in the train on the berths booked under Senior Citizen Quota by declaration of wrong age will be treated as travelling without ticket and charged accordingly. Because of false declaration of age, the passenger is misusing both concession and quota depr...

Government reappoints Urjit Patel as Deputy Governor of RBI for a second term

Government has reappointed Urjit Patel, as Deputy Governor of Reserve Bank of India, RBI, for a second three-year term. He headed a committee that paved the way for the proposed monetary policy committee. Mr Patel joined RBI on January 11, 2013. The re-appointment of Mr Patel assumes significance as...

Value of Rupee withstand volatility of int'l markets reasonably well: Jaitley

India among fastest growing economies in world with GDP growth at 7.3%: FM

PSU bank employees on strike, operations hit partially

Banking operations were hit partially today as a section of public sector banks' employees went on a strike across the country. The bank employees were protesting against violation of bilateral settlement agreement by associate banks of SBI. Private sector banks and country's large...

NPS subscribers can now make payments online

Subscribers of New Pension System can now make their contributions online through net banking, credit or debit cards with pension fund regulator PFRDA launching a platform for the same.Through this platform, a prospective subscriber can register for NPS and contribute to his/her Permanent Retirement...

Wall Street shares slumps after Chinese market turmoil<br/>

Wall Street shares closed sharply down after the suspension of trading on Chinese markets for the second time this week spread alarm among investors. After Asian and then European stock markets fell, Wall Street&apos;s Dow Jones and S&amp;P 500 indexes shed 2.3 per cent. Earlier, circuit-bre...

PSU bank employees to go on strike today

A section of public sector banks employees will observe one-day strike across the country today to protest against what they call violation of bilateral settlement agreement by associate banks of SBI. However, officer grade of employees will not take part in the strike called by All India Bank Emplo...

India to grow at 7.8% in current year: World Bank

The World Bank has projected a robust 7.8 percent growth for the Indian economy in the current year. In its Global Economic Prospect report released yesterday, the World Bank cited strong investor sentiment in India and the positive effect on real incomes of the recent fall in oil prices. The report...

EPFO settles 90 lakh claims in April-Dec, FY16

Retirement fund body Employees&apos; Provident Fund Organisation&apos;s, EPFO has settled more than 90 lakh claims in the period of April-December last year. Labour and Employment Ministry in a release said, 96 per cent of the cases were settled in mandated 20 days period. It said, in a majo...