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January 9, 2017 4:26 AM
Petrol pump owners deferred till January 13 their decision to not accept credit and debit card payments for fuel sales after banks put off the move to levy the transaction charge.<br/><br/>To promote cash-less transactions, the government had waived the Merchant Discount Rate (MDR) on fu...
January 9, 2017 4:24 AM
The Bank of India today said it has decided to reduce its interest rates on retail loans, including home and vehicle loans, with effect from today. <br/><br/>The bank earlier reduced its minimum lending rates or marginal cost of funds based lending rates (MCLR) by up to 90 basis points, ...
January 9, 2017 4:22 AM
Union Finance Minister Arun Jaitley has said that the date for presenting the Union Budget on February 1 was decided much in advance of the Election Commission's announcement of schedule for assembly elections.<br/><br/>He dismissed Opposition allegation that<br/>the Budget wa...
January 8, 2017 9:19 PM
Petrol pumps across the country will not receive payments on HDFC and Axis Banks card swipe machines from midnight tonight .These banks are reportedly charging one percent transaction fee on payments at petrol pumps. President of All-India Petroleum Dealers' Association Ajay Bansal told AIR tha...
January 8, 2017 9:14 PM
The 3-day 14th Pravasi Bharatiya Divas (PBD 2017) convention began in Bengaluru on Saturday. On the first day, the Youth Pravasi Bhartiya Divas was inaugurated by Vice President of Suriname Micheal Ashwin Adhin, Union Minister for Youth Affairs and Sports Vijay Goel, Minister of State for External A...
January 8, 2017 9:04 PM
Government has asked banks to obtain permanent account number, PAN, or Form-60, in case of nonavailability of PAN, from all bank account holders by February end this year. Central Board of Direct Taxes issued a notification in this regard today and informed about amendment in Income-tax rules. <b...
January 8, 2017 9:02 PM
Government has asked banks to obtain permanent account number, PAN, or Form-60, in case of nonavailability of PAN, from all bank account holders by February end this year. Central Board of Direct Taxes issued a notification in this regard today and informed about amendment in Income-tax rules. <b...
January 8, 2017 8:50 PM
Janta Dal (United ) today again reiterated its support to demonetisation saying it will review its impact in the last week of this month. Earlier the party had said, it will review the impact of demonetisation after December 30, the deadline for exchanging old currency notes of one thousand and five...
January 8, 2017 8:50 PM
Finance Minister Arun Jaitley today said demonetisation is obviously disruptive as are all reforms as they change the retrograde status quo. He said money has lost its anonymity post demonetisation of high currency notes. Mr Jaitley said, the period of pain and inconveniences is getting over and the...
January 8, 2017 8:03 PM
Union Agriculture Minister Radhamohan Singh today said besides farmers, poor and middle class people have been largely benefitted by demonatisation. After inaugurating the first Digi Dhan Mela of Bihar in Patna today Mr. Singh said housing has now become affordable and interest rates have been slash...
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