EPFO cut interest rate to 8.55 pc for 2017-18
AMN /New Delhi The Employees’ Provident Fund Organisation, EPFO on Wednesday lowered the rate of interest on employees provident fund to 8.55 per cent for over 6-crore subscribers for 2017-18,…
Govt clears opening up of commercial coal mining to Pvt firms
AMN / NEW DELHI In a major reform in the coal sector since its nationalisation in 1973, the government today allowed private companies to mine the fossil fuel for commercial…
Cabinet approves 130 km long Jeypore-Malkangiri New Line project
Union Cabinet at its meeting chaired by prime minister Narendar Modi approved 130 km long Jeypore-Malkangiri New Line project at a cost of 2676.11 crore. It will help in combating…
UK, India launch joint research projects on clean water & energy
AMN The UK- India Joint research projects on Water Quality Research and Energy Demand Reduction in Built Environment were launched in New Delhi. The projects were jointly launched by NITI…
PM praises Maharashtra Business model
‘Magnetic Maharashtra: Convergence 2018’ AMN / Mumbai Prime Minister Narendra Modi today said that Maharashtra had developed a magnetic strength that was attracting domestic as well as global investors. Inaugurating…
Jaitley in Riyadh to attend India-Saudi Arabia Joint Meeting
AMN / Riyadh India’s Finance Minister Arun Jaitley arrived here last night on a two-day visit to Saudi Arabia. He will co-chair the 12th India-Saudi Arabia Joint Commission Meeting to…
RBI asks banks to accept notes & coins of small denominations
RBI has directed all banks to accept small denomination notes and coins tendered at their counters. The apex bank issued a notification in Mumbai yesterday, saying such denial of service…
India, Iran to sign 15 agreements on economy, culture
Andalib Akhter / New Delhi India and Iran are all set to sign 15 economic and cultural documents on Saturday in presence of Prime Minister Narendra Modi and Iranian President…
PNB fraud case: Union Bank has $300 mn outstanding exposure
Mumbai State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million in the $1.8 billion fraud detected by Punjab National Bank (PNB)…
PNB scam: ED conducts raids on Nirav Modi’s house, office
Diamond jewellery designer Nirav Modi The Enforcement Directorate has raided 17 premises across the country related to Nirav Modi and Geetanjali Gems in connection with Punjab National Bank fraud case.…