Tag: business
LPG, Jet Fuel Prices Hiked
State-run oil marketing companies (OMCs) on Saturday hiked the price of subsidised cooking gas, or LPG, along with kerosene and aviation turbine fuel (ATF).....
SBI Cuts Cost Of Lending Rate By 0.9% Across Maturities
With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.....
Send 40% Currency To Rural Areas, RBI Tells Banks
Admitting to the cash crunch prevailing in rural areas, the RBI on Tuesday asked commercial banks to send at least 40 per cent of the currency meant for circulation to their rural branches.....
'Petrol Pumps To Accept Card Payment Till Friday'
Petrol pumps across the country will continue to accept credit and debit cards till Friday, an AIPDA official said on Monday.....
India's Factory Output Up At 5.7%, Retail Inflation Falls To 3.41%
India's factory output rose 5.7 per cent in November, the first month of the government's demonetisation drive, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before, official data showed on Thursday.....
ONGC Staffers To Get 'Khadi Bonus'
Oil and Natural Gas Corporation Ltd.(ONGC) employees will now get their annual cash bonuses in the form of Khadi vouchers for buying Khadi garments, a top official said here on Saturday.....
India's Wholesale Price Inflation Marginally Up In December
Even as vegetable prices plummeted 33 per cent, India's annual inflation based on wholesale prices rose marginally to 3.39 percent in December 2016 from 3.15 per cent for the month before, due to hardening of manufactured products and fuel prices.....
Tribunal Orders Attachment Of Mallya's Property For Debt Recovery
The Debt Recovery Tribunal (DRT) on Thursday ordered attachment and recovery of industrialist Vijay Mallya's properties for defaulting on bank loans by his defunct Kingfisher Airlines Ltd.....
CBI Arrests Ex-IDBI Chief, 7 Others In Vijay Mallya Loan Case
The CBI on Monday arrested four former IDBI Bank officials, including a former Chairman, and four former executives of now-defunct Kingfisher Airlines in its ongoing probe into the Vijay Mallya loan default case, officials said.....
RBI Lifts ATM Cash Withdrawal Limits From Wednesday
The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect.....
