Petrol, diesel, kerosene and LPG likely to go up after monsoon session
The Finance Ministry has said that it does not have any money to provide for fuel subsidy. This has hinted that there are possibilities that there might be a hike in the prices of petrol, diesel, domextic cooking gas (LPG)…
ICICI Bank increases ATM cash withdrawal fees for International transactions
The customers of the ICICI bank will have to pay more while withdrawing cash from international locations. All the ATM cash withdrawals at the international locations will be costlier by 17 percent by the middle of this month. ICICI Bank…
Prices of aviation turbine fuel hiked
In some additional burden for the aviation industry in India, the jet fuel prices have been hiked by a steep 7.6 percent. This is the biggest ever increase which has taken the price to the all time high of Rs….
Central Bank of India slashes interest rates on loans
Government owned Central Bank of India has announced that a reduction of up to 2 % in the interest rates across the retail loan categories. This also includes home loans, vehicle loans and other retail advances like the personal loans…
Indigo, Jet Airways charge highest fares, Kingfisher charges lowest in July
Low cost Indian airline Indigo charged the highest fares on several sectors, while the Kingfisher Airline which was once considered as the ‘first class’, charged the cheapest. The latest figures from the month of July had shown some of the…
SBI launches online application service for youth
Country’s largest financer State Bank Of India Card has on August 28, 2012 launched an online application service which aims to acquire about 3,000 customers through its initiative in the next four months. With the new service the bank aims…
RBI to introduce rupee symbol in Rs. 1,000 rupee note
The Reserve Bank of India on August 28, 2012 said that it will soon be launching Rs. 1,000 denomination bank notes with the rupee symbol. Till now the Rs. 1,000 rupee note did not have the rupee symbol which was…
Jet Airways launches co-branded credit card along with ICICI Bank
Indian carrier Jet Airways which is the second largest private airline announced the launch of its co-branded credit card with ICICI Bank. Jet had earlier announced the tie up earlier with HDFC Bank for its flying miles programme. Now the…
Public sector banks resume operations after strike
The operations of the public sector banks resumed on August 24, 2012 after a two day strike which was called by the unions. The normal banking operations resumed which included the millions of piled up cheques. The unions of the…
Mutual funds to be purchased from mobile phones
After the introduction of mobile banking, now there are also other tasks which can be done through the mobile phone like trading stocks, commodities, currencies and so on. Now the mobile phone users can also invest in the mutual funds…