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Loans now cheaper after RBI cuts interest rate

Mumbai: Home, automobile and other loans are set to become cheaper after the Reserve Bank of India (RBI) Friday. The RBI cut in interest rates represents a record fifth straight time in almost a decade. With all six members of the Monetary Policy Committee (MPC)...

Fast loans on digital platform: Pradhan

Bhubaneswar: Self Help Groups (SHGs) can avail Mudra loans up to Rs 50,000 in just 30 seconds, while bank customers can get loans amounting to Rs 1 crore within 59 minutes. This was announced by Union Minister Dharmendra Pradhan, Friday during the launch of mega...

‘One Nation One Ration’ likely in all ULBs

Bhubaneswar: After successfully implemented ‘One Nation One Ration’ programme in Bhubaneswar Municipal Corporation (BMC) area, the state government is now planning to roll out the new scheme in all remaining urban local bodies (ULBs) of the state. “Implementation of pilot project ‘One Nation One Ration’...

ECoR plans spl trains, coaches for puja rush

Bhubaneswar: The East Coast Railway (ECoR) has planned special puja trains and will add additional coaches/berths on the trains running in their jurisdiction in the state to facilitate easy movement of the passengers. While the department has planned an array of special trains in the...

Sustainable energy is top priority: Pradhan

New Delhi: With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan Thursday said securing affordable and sustainable energy tops agenda of “vulnerable” importing nations like India which were exposed to supply concerns. India was able...

PMC used 21K fake accounts to hide bad loans

Mumbai: Punjab and Maharashtra Co-operative Bank (PMC) used more than 21,000 fictitious accounts to hide loans it made, according to a police complaint lodged by officials, in the latest banking fraud case to spook the country’s depositors and investors. The complaint, filed with the Economic...

Things you need to know before having an office affair

Office romances can be both dangerous and exciting.  You spend the majority of your day and week with the same group of people, and it’s only natural that attractions may develop into something more. But dating a colleague comes with risk. When you mix and...

 

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