Professional tax exemption for visually impaired employees

Professional tax exemption for visually impaired employees

Assam Chief Minister Tarun Gogoi said his government would exempt visually impaired government employees from paying professional taxes and reserve housing quota for them.  Gogoi assured a delegation of All Assam Blind Employees' Ass

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RBI imposes Rs 5 lakh penalty on Muthoottu Mini Financiers

RBI imposes Rs 5 lakh penalty on Muthoottu Mini Financiers

 RBI  said it has imposed a penalty of Rs 5 lakh on Muthoottu Mini Financiers for violation of various regulatory norms, including guidelines on loan to value (LTV) ratio pertaining to gold loans.  The central bank said an i

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Volvo to Export 'Made in India' Buses to Europe

Volvo to Export 'Made in India' Buses to Europe

Swedish transport major Volvo will export buses made in India to Europe initially and global markets subsequently, a top company official said on Tuesday. "We will be the first bus company to export to the Europe

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RBI allows issue of prepaid cards by mass rapid operators

RBI allows issue of prepaid cards by mass rapid operators

The Reserve Bank of India has given its final nod for introduction of a new category of semi-closed Prepaid Payment Instruments (PPI) for Mass Transit Systems (PPI-MTS) to encourage migration from cash to electronic payments. A

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