Reserve Bank of India notifies priority sector lending norms
In a major relief to banks, the Reserve Bank of India allowed the banks to include direct finance to corporates for agriculture and allied activity of upto Rs one crore as priority sector lending (PSL) exposure as against the earlier exposure of Rs 20 lakh.
Similarly, home...
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Bank is guilty if cheque is lost due to its negligence of its officials
A bank is guilty of deficiency in service when a cheque is lost due to negligence of its officials. A consumer court ruled in Delhi while directing the Bank of Baroda to pay a customer the original amount as well as a compensation of one thousand rupees. The cheque was...
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Measures to Check Sexual and Violent Contents in Films
Central Board of Film Certification certifies films as per the provisions of Cinematograph Act, 1952 and Rules and Guidelines framed thereunder. Scenes which are violative of the provisions of the Act, Rules and Guidelines are deleted. While certifying films care is taken...
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Singapore to S India for $125
Budget airline AirAsia will fly daily to Trichy in South India from Kuala Lumpur effective October, offering a two-way flight for RM400 (Rs.5,000 or nearly $125) inclusive of airport tax.
AirAsia chief executive officer Tony Fernandez told Tamil daily Makkal Osai in an interview published...
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India Inc moves to smaller cities to cut costs: Assocham
The Industry body of Assocham has said that corporate India has begun to move towards tier II and tier III cities like Ranchi, Meerut, Udaipur and Patiala to bring down its rising manpower and infrastructure costs in the metros.
In a report on "Trends of Job Openings", Assocham said....
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Improvement in telecom services across the country
Mr Jyotiraditya Scindia, Minister said improvement in telecom services across the country, including Madhya Pradesh, will be govt's top priority and the Centre will provide Rs 362 crore for expanding the infrastructure in the state.
Talking to reporters after his arrival in Bhopal on Friday for the first time since he became the Union...
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