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Chiranjeevi and Ram Charan to launch Oxygen Banks 20 May 2021
Chiranjeevi and Ram Charan to launch Oxygen Banks:- Megastar Chiranjeevi has been an undisputed king of Telugu cinema from the past four decades. The top actor also turned a helping hand and is donating a part of his earnings to...
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Read MoreGo First Files A Insolvency: TATA and Indigo In Race 10 May 2023
Go First Files A Insolvency: TATA and Indigo In Race:- Go First was established by Nusli Wadia in 2005. After Pratt & Whitney engines were installed on A320 aircraft, there was a faster rate of premature failures, which resulted in...
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Read MoreServices hit after two-day nationwide bank strike 15 March 2021
Services hit after two-day nationwide bank strike:- United Forum of Bank Unions (UFBU), the body of nine unions is on a two-day nationwide strike that starts from today against the privatization of the lenders. Finance Minister Nirmala Sitharaman announced the...
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Read MoreED conducts raids on TRS MP Nama Nageswara Rao 11 June 2021
ED conducts raids on TRS MP Nama Nageswara Rao:- The officials of the Enforcement Directorate conducted surprise raids on the premises of TRS MP and Telangana leader Nama Nageswara Rao. All the properties related to Madhucon Group are raided today....
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Read MoreRBI hikes the Repo rate by 50 bps: Loan EMIs to go up 08 June 2022
RBI hikes the Repo rate by 50 bps: Loan EMIs to go up:- The Reserve Bank of India (RBI) hiked the repo rate by 50 basic points and this is the second increase in the last five weeks. The decision...
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Read More2000 note exchange: Deadline ends in 3 days 27 September 2023
2000 note exchange: Deadline ends in 3 days:- The deadline to exchange Rs 2000 currency notes is just three days away. On May 19th the Reserve Bank of India ordered the withdrawal of Rs 2000 rupee notes and asked the...
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Read More87 percent of Rs 2000 notes returned to banks 04 July 2023
87 percent of Rs 2000 notes returned to banks:- Reserve Bank of India (RBI) has received Rs 2.72 Lakhs of Rs 2000 banknotes in circulation till the 30th of June as per a statement released by the bank on Monday....
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Read MoreGo First To Resume Its Operations 11 May 2023
Go First To Resume Its Operations:- Low-budget Airways Go First planning to resume its operations on May 24th with 23 aircrafts. Go First have access to 51 departure slots in Delhi and 37 at Mumbai’s main airport and now the...
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Read MoreBanks refuse to take coins from Sai Baba Temple 24 April 2023
Banks refuse to take coins from Sai Baba Temple:- Shocker: As Shiridi Saibaba temple getting Lakhs of rupees in coins as donations, Shri Saibaba Sansthan Trust (SSST) facing a unique problem. Banks interlinked with the trust unable to accommodate the...
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Read MoreRBI may cancel licence of Paytm Payments Bank 07 February 2024
RBI may cancel licence of Paytm Payments Bank:- The Paytm Payments Bank is facing the possibility of having its licence cancelled by the Reserve Bank of India (RBI), according to anonymous sources. The RBI has set a deadline of March...
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Read MoreWestern Alliance Bank Denies Reports 05 May 2023
Three US regional banks failed in the last two months, which created concerns in Western Alliance Bank on the lenders after an article was published in Financial Times. One of the Western Alliance lenders Beverly Hills-based PacWest admitted that they...
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Read MoreRBI issues a clarification on withdrawing Rs 100 and Rs 10 notes 25 January 2021
RBI issues a clarification on withdrawing Rs 100 and Rs 10 notes:- There are several speculations across the country about the ban of Rs 100, Rs 10 and Rs 5 notes in the country. To keep an end to all...
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Read MoreMehul Choksi's bail plea rejected in Dominica 12 June 2021
Mehul Choksi's bail plea rejected in Dominica:- Fugitive businessman Mehul Choksi received a shock in the Dominica High Court after the top court rejected bail. The Dominica High Court said that Mehul Choksi has no ties with Dominica and the...
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Read More17 percent annual hike and five days work for Bank Employees 09 March 2024
17 percent annual hike and five days work for Bank Employees:- The Indian Banks' Association and bank worker associations have settled on a yearly pay climb of 17%, prompting an extra yearly outgo of around Rs 8,284 crore for public...
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Read MoreSupreme Court Slams SBI For Not Sharing Complete Data 15 March 2024
Supreme Court Slams SBI For Not Sharing Complete Data:- The Supreme Court has taken a firm stance against the State Bank of India for withholding complete data on electoral bonds, a scheme that allowed anonymous donations to political parties. The...
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Read MoreJet Airways Founder Arrested 02 September 2023
Jet Airways Founder Arrested:- On Friday Enforcement Directorate (ED) arrested Jet Airways founder Naresh Goyal in connection with a money laundering scam of Rs 539 Cr to Canara Bank. Goyal was interrogated by ED officials in Mumbai, as he was...
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Read MoreUK Court rejects Nirav Modi's application against Extradition 23 June 2021
UK Court rejects Nirav Modi's application against Extradition:- Indian billionaire businessman Nirav Modi is absconding from the country after he owes Rs 13500 crores to Punjab National Bank and its allies. Nirav Modi was caught in London and he is...
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Read MoreBanking Services partially hit due to Bharat Bandh 28 March 2022
Banking Services partially hit due to Bharat Bandh:- Several trade unions of the country called for Bharat Bandh for two days as they are unhappy with the government policies. Bharat Bandh started today and it had very little impact. Banking...
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Read MoreRBI issues instructions to Paytm Payments Banks 11 March 2022
RBI issues instructions to Paytm Payments Banks:- The Reserve Bank of India (RBI) directed the Paytm Payments Banks to stop onboarding new customers with immediate effect. This is a huge setback for the digital finance services of Paytm. RBI took...
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Read MoreChandrababu slams YS Jagan for mortgaging AP Secretariat 04 March 2024
Chandrababu slams YS Jagan for mortgaging AP Secretariat:- TDP leader N Chandrababu Naidu strongly condemned Chief Minister YS Jagan Mohan Reddy for using the State Secretariat building as collateral. In a social media post, Naidu expressed his disappointment in the...
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