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Global Growth

Global Growth at 2.7% in 2017 is Projected by World Bank

2016 stagnant world trade, subdued investment and increased the policy uncertainty. All these factors are suggesting the global economy is going to face another...

Private Sector Banks to impose Cash Transaction Fees

Recently, from 01 March 2017, Wednesday onward, all major private sector banks like ICICI Bank, HDFC Bank and Axis Bank have started charging a...

All India Bank Union to go on Strike on 28 February 2017

The United Forum of Bank Unions (UFBU) has confirmed that they have asked their members to go on strike owing to the concerns raised...

Bank of England to reconsider use of ‘Animal Fat’ in UK Pound Sterling

Recently the group of Hindus in UK had being fighting against the use of animal fat in the new £5 denomination notes under the...

Rs.500 Crores allocated to India Post Payments Bank

Indian Government has escalated its pace on setting up over 650 branches of IPPB all around the nation within next 5-6 months, typically by...

RBI Monetary Policy Announced! No Change in Repo Rate, Again!

Today, 08 Feburary 2017, RBI governor Mr. Urjit Patel released 6th Bimonthly Monetary Policy of the Reserve Bank of India. The economists were expecting...
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State Bank Of India Looking for Probationary Officers 2017

State Bank of India (SBI) invited applications for eligible Indian Citizens for 2313 posts of Probationary Officers (PO). Candidates selected are liable to be...

Online Scam worth Rs.3700 Crore by Socialtrade.biz

The Special Task Force of Uttar Pradesh has red handed caught the online fraud company "socialtrade.biz" which was operated by its director Anubhav Mittal...

Summary of Union Budget 2017-18

On 01 February 2017, the Finance Minister of India, Mr. Arun Jaitley presented the Union budget for the fiscal year 2017/18. This was a...
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RBI slashes MDR charges, offers lucky draw

In order to boost the digital payments among merchants and commoners, RBI has come up with two unique solutions. At first they cut MDR...