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Core sector growth slows down to 1.4% in February

Growth in eight core industries slowed to 1.4 per cent in February this year, due to output decline in five sectors, including crude oil and natural gas. Besides these two, the other three sectors which posted negative growth are refinery products, fertiliser and steel.The output of eight...


RBI imposes Rs 5 lakh fine on 16 banks for violation of norms

RBI has penalised 16 central co-operative banks with a fine of 5 lakh rupees each for non-adherence of the Know Your Customer and Anti-Money Laundering guidelines. These include Dumka Central Co-op. Bank Ltd (Jharkhand), Cuttack Central Co-op. Bank Ltd (Odisha) and Ajmer Central Co-op. Bank Ltd (Raj...


Govt to notify pattern of EPFO investment in equity soon

The Labour Ministry is proposing to start with investment of one per cent of its corpus into equity markets to facilitate flow of Employees' Provident Fund Organisation (EPFO). Sources in the Ministry said, the investment pattern for the retirement fund body in this regard is likely to be notifi...


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"Mann Ki Baat-Part VI"
22/03/15 11:00 AM IST

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