Punjab National Bank (PNB) said on Wednesday that unauthorized transactions of about `11,356 crore ($ 1.77 billion) in one of its branches in Mumbai have been traced. PNB said that these transactions were done to benefit selected account holders and on the basis of transactions, other banks paid these account holders abroad.
Maharashtra will invest Rs 60,000 crore in 10 years: Mukesh Ambani
Reliance Industries chairman Mukesh Ambani has said that his company will invest 60,000 crore in the next 10 years to make the country's first integrated integrated area in Maharashtra in collaboration with global companies. Ambani said that over the past few weeks, more than 20 global companies have agreed to invest in Reliance.
Modi government can make hallmarking of gold ornaments compulsory from January next year. Under the Indian Standards Bureau Amendment Act, the government can do this. The Ministry of Consumer Affairs has taken this decision. Hallmarking is planned to be compulsory for three categories of 8, 14 and 22 carat ornaments. The decision has been postponed till March 31.
Note 15 months after the ban, the RBI is still working on the accuracy and authenticity of the number of notes closed. The Reserve Bank said that this work is being done very fast. This information was received in response to the RTI application filed by PTI. Complete information can be shared only after this process is complete
According to an official order, the Ministry of Finance has nominated eight tax officials to handle GST related questions on social media site Twitter. It has been decided on behalf of the Ministry of Finance that 8 officers with immediate effect be available to answer questions arising through Twitter and e-mail.
Today the budget session has started. In the beginning of the week, the stock market recorded a surge. In view of the rising market bounce, SEBI has given high alert. On the SEBI directive, the stock market has ordered brokers to collect large margins from large and foreign investors. With the current surge in the market, SEBI is facing a risk of increasing systemic risk in the market.
The cess will be applicable on petrol-diesel from Monday. After that, the price of petrol and diesel will increase by 12 o'clock. The price of fuel will increase by 1 percent on Sunday night from 12 a.m. The Madhya Pradesh government has issued notifications. Make it clear here that the increased price will be applicable in percent on every liter of fuel.