The very first question comes in our mind at the time of taking home loan is for how many period loan to be taken/ what would be the best home loan tenure. Home Loan on your house, besides being a…
Category: Finance
RBI to conduct Overnight Reverse Repo Auction under LAF for Rs. 20,000 crore today between 3.45 pm and 4.15 p.m
The Reserve Bank of India (RBI) will conduct overnight reverse repo variable rate auction for a notified amount of Rs. 20,000 crore today (October 9, 2014, Thursday).The auction will be conducted between 3.45 PM and 4.15 PM as per the revised…
RBI has released Taliban Sanction List
RBI Has released Taliban Sanction List & instructed Regional Rural Banks and State / central Cooperative Banks to update the list of individuals/entities as circulated by Reserve Bank and before opening any new account, it should be ensured that the name/s…
FII inflows at seven-month low in India
Foreign institutional investors’ (FIIs) $1‑billion inflows into Indian equities in September made it the worst month in terms of overseas flows seen in the last seven months. The BSE benchmark Sensex ended ‑0.03% lower in September after ending each of…
Service Tax Department will publish list of service tax defaulters
The revenue authority plans to prepare a list of service tax defaulters and publish it. This is part of the arrear recovery plan for all indirect taxes, such as customs duty, excise duty and service tax. “In service tax law,…
EPFO’s subscribers to get accounts update in real time from Oct 16
Over four crore subscribers of the retirement fund body EPFO would be able to access their provident fund accounts online on real time basis using a dedicated members’ web portal from October 16. The Universal Account Number (UAN) member’s portal…
Essential goods’ prices under Central government watch
The Narendra Modi government has set up a mechanism to monitor prices of key essential commodities to ensure there is no unusual flaring in the ongoing festival season. The Prime Minister’s Office is being sent daily updates on the food price situation in four…
India’s External debt jumps from $12.6 billion to $346.6 billion in June, 2014
The country’s international investment position (IIP) has deteriorated during the June quarter as net claims of non-residents rose $12.6 billion to $346.6 billion following a sharper rise in the value of foreign-owned assets in the country vis-a-vis rise in the value of residents’ financial…
Banks may tighten their norms for Fixed Deposits also
The Finance Ministry has asked public sector banks to tighten norms, including KYC monitoring for high-value fixed deposits, to check the kind of frauds suspected to have been committed at Dena Bank and OBC. The ministry would like banks to make a full-proof arrangement…