Decline in Gold Exports

jewellGold exports from India have halved in August to $561 million as compared to July. The imports are restricted by the government and RBI by levying huge import duty, the export of the yellow metal is directly affected.

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Samsung Galaxy Trend Listed Online for Rs.8,700 Only

samsungSamsung`s India online store has listed new mid-range Smartphone the Galaxy Trend for Rs. 8,700.  The Galaxy Trend is also available through online retailers like Flipkart and Snapdeal for a discounted price of Rs. 8,490.

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No Diesel Hike as of Now – Says Government

imgOil Minister M Veerappa Moily has mentioned that no proposal has been moved to the Cabinet for raising diesel rates beyond the 40-50 paise a litre monthly increase, which has been implemented since January this year. As on this day, there is no proposal to increase price of diesel except for what the Cabinet had authorised in January.

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CPI demands to release 20 tmc Cauvery water into Palar every year

palarVellore district has urged the Centre and Tamil Nadu governments to ensure release of 20 tmc of Cauvery water into Palar River every year.  In order to recharge the groundwater resources of Palar which feed the combined drinking water supply schemes of five districts.

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TRAI Proposes Mandatory Ussd Based Mobile Banking Solution

The truth is that a large number of mobile subscribers in rural areas do not have access to banking facilities presents an opportunity for leveraging the mobile telephone to achieve the goal of financial inclusion. Unstructured Supplementary Service Data (USSD) appears to be one of the most promising modes of mobile banking for financial inclusion. Hence the Telecom Regulatory Authority of India.

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