RBI extends restriction on Punjab and Maharashtra Bank
AMN The Reserve Bank of India today extended the restriction on Punjab and Maharashtra Bank for another six months, however it has increased the withdrawal limit for the bank’s depositors…
Japanese companies express interest in investing in MP
AMN Japanese companies have expressed interest in investing in Madhya Pradesh. During the webinar, Japanese companies showed keen interest on prospects of investment available in various sectors in the state.…
Govt to boost up projects to produce Neera and Palmgur
Neera, also called palm nectar, extracted from the palm trees before sunrise, is a nutrient-rich health drink consumed in many Indian states There are approximately 10 crore palm trees across…
Befooling customers through 33% extra printed on shaving-cream pack
Many companies cheat consumers through gimmick packaging BY MADHU AGRAWAL A popular branded shaving-cream has been introduced with the pack having prominently printed as 33-percent extra with break-up as 94…
India lifts export ban on anti-malarial drug Hydroxychloroquine
AMN / NEW DELHI The Government of India today lifted the export ban on anti-malarial drug Hydroxychloroquine with immediate effect. Directorate General of Foreign Trade in a notification said, the…
India has taken the big decision to open the coal and mining sector: PM Modi
AMN Prime Minister Narendra Modi today said India has taken the big decision to fully open the coal and mining sector for competition, capital, participation, and technology. Addressing the launching…
PM to launch auction of 41 Coal Mines for Commercial Mining
AMN Prime Minister Narendra Modi will address the launching of auction of 41 Coal Mines for Commercial Mining tomorrow. The commencement of this auction process of coal mines for sale…
PSBs disburse Rs 16,031 Cr to States, UTs so far: FM Nirmala Sitharaman
AMN Finance Minister Nirmala Sitharaman today said, the Public Sector Banks have disbursed 16 thousand 31 crore rupees to the States and Union Territories so far. She said, PSBs have…
RBI constitutes Internal Working Group to review structure of pvt sector banks
AMN / The Reserve Bank of India has constituted a five-member Internal Working Group to review the guidelines related to ownership, governance and corporate structure of private sector banks. In…
Customers of Corporation Bank are at loss after merger in Union Bank of India
By MADHU AGRAWAL Corporation Bank provided CorpClassic FDR-linked saving-accounts with minimum balance in savings-accounts of rupees 15000 and thereafter multiples of rupees 5000 being auto-transferred in linked FDR with an…