Financial News

To control the price rise of petrol central oil ministry said to reduce petrol tax of Rs 6 on every litre of petrol .But finance minister is not agreed to reduce tax because already govt has given levies of Rs. 49000 in last year. The oil ministry requested to state oil companies to wait because

Railway Budget Indian Railways will target zero deaths by preventing train accidents. All railway level crossings will be removed in the next five years. To create SPV to eliminate all level crossings. The recommendations of the Anil Kakodkar Committee on Indian Railway’s safety will be implemented. Railway Minister demands Budgetary Support of Rs. 2.5 lakh

State Bank of India (SBI) leading bank in India,said they could revive its international banking again.They said this can happen in three to four months. As we already know that SBI involved with one fourth of total Indian loan and deposits,said that they like to spread their business internationally ,as presently market is more stabilized

No more harassment,no more waiting ,from April 1 after retirement of any govt employee his PF,gratuity will be funded to his account next day through online payment system and his pension will be start from next month of retirement. E-Payment system has been developed by Controller General of Accounts (CGA) ,the official accountant of govt.It

A step taken by Reserve Bank of India (RBI) to upgrade interest rate of savings account in different banks in India.RBI things that may rise cost of funds of banks and also to push up people to save a large amount of money in savings account. People must gain more if bank increase its interest