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Send 40% currency to rural areas, RBI tells banks 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. ....


Scoot and TigerAir offers promotional fare to Singapore, Australia Scoot and TigerAir offers promotional fare to Singapore, Australia

Two budget airlines - Scoot and TigerAir- on Monday announced promotional fares to Singapore and Australia out of Indian cities like Chennai, Amritsar, Bengaluru, Lucknow, Hyderabad and Jaipur. ....


Demonetisation hits core industries output growth in November Demonetisation hits core industries output growth in November

Reflecting some impact of the government's recent demonetisation measure, the output of India's eight infrastructure industries in November 2016 increased by 4.9 per cent, but fell sequentially as compared to the 6.6 per cent growth logged in October, official data showed on Monday. ....


Petrol price hiked by Rs 1.29/litre, diesel by 97 paise Petrol price hiked by Rs 1.29/litre, diesel by 97 paise

Following the recent spurt in oil prices, state-run Indian Oil Corp on Sunday hiked prices of petrol by Rs 1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states. ....


SBI cuts cost of lending rate by 0.9% across maturities 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. ....


LPG, jet fuel prices hiked 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). ....


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The UDF in Kerala is all set to enter the Guinness world record for the longest banner whe

 

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 
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