What is a Mutual Fund ? A mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds today can be purchased in two ways –Continue Reading
Airtel launches India’s first Payments Bank service in Rajasthan Airtel Payments Bank Limited or Airtel Bank became the first payments bank in the country to launch live banking services in Rajasthan. The pilot phase of the Airtel bank launched in Rajasthan aims at testing systems and processes ahead of aContinue Reading
1.In India, the e-filing for Income tax returns is compulsory for the persons and entities which have an income of more than___? [A]5 Lakh [B]10 Lakh [C]15 Lakh [D]20 Lakh 10 Lakh 2.Recently, the Government sector banks have urged the Reserve Bank of India ( RBI) to consider perpetual non-cumulativeContinue Reading
Bhubaneswar :The two day annual International Radio Fair ‘Outreach International Radio Fair-2016’ has been held in Bhubaneswar, Odisha on February 13, 2016. The Radio Fair is an event which is first of its kind in India. The event had focussed on the role of radio in emergencies and disasters. TheContinue Reading
Federal Bank has introduced funds transfer by giving a missed call to the Bank. The bank will call back seeking the details and this facility is available with a transaction monthly cap of Rs.25000/Continue Reading
By Bignews.news Team The Economic Intelligence Council (EIC) is the apex forum which is responsible for coordination, strategy and information-sharing amongst the government agencies responsible for intelligence and control of economic offences like smuggling, money laundering tax evasion and fraud. The chairperson of the council is the Finance Minister ofContinue Reading
UAE: The world’s largest cruise ship terminal- Hamdan bin Mohammed Cruise Terminal was recently unveiled in Dubai. This newly opened terminal can handle 14,000 cruise passengers a day, thus making it world’s largest.Continue Reading
Tata Docomo has announced their new scheme which allows the cell phone user to select his own cell numbers. Also, according to them , you can get details of your bill, activate and deactivate Value Added Services and even subscribe to Add-on Packs, all by simply sending an SMS toContinue Reading
The Vistara airline is a joint venture between Tata Sons and Singapore Airlines.The new carrier was announced in 2013 and will be a full-service airline based in New Delhi. The two companies will initially invest a combined US$100 million to start the carrier, with Tata Sons owning 51 per centContinue Reading
Sensex is down, Rupee is up, banks are down and suddenly a lot of people think that he is unfair and handsome. . But Friday began with a surprise repo rate rise by RBI boss Raghuram G. Rajan The Reserve Bank of India’s (RBI) new Governor Raghuram Rajan increased theContinue Reading
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