Daily Archives: September 9, 2019

SBI again cuts lending rates by 10 bps ahead of festive season

Public sector lender State Bank on Monday announced yet another reduction in lending rates by 10 basis points across tenors. The new rates are effective Tuesday, the lender said announcing the third rate reduction in the current fiscal year. One year MCLR, to which all the retail lending rates are linked to, has been reduced to 8.15 percent from 8.25 ...

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Four tremors rattle Chamba in one day


Four tremors were felt in 10 hours in Himachal Pradesh’s Chamba district on Monday, officials said. No immediate loss of life or property was reported, Chamba Superintendent of Police Monica Bhutunguru said. The tremors, which occurred between 12.10 pm and 9.27 pm, were of a magnitude between 2.7 and 5, Shimla Meteorological Centre Director Manmohan Singh said. The first tremor ...

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68th Plenary session of North Eastern Council held in Guwahati


The 68th Plenary session of the North Eastern Council (NEC) was held in Guwahati on the 8th & 9th September, 2019. The Plenary session was inaugurated by the Union Home Minister Amit Shah yesterday. The Union Home Minister announced that the North Eastern Council will earmark 30 per cent of its fund for focussed funding of priority areas and deprived ...

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Auto Industry posts lowest numbers in last two decades


The decline in demand in the auto sector continues. The decrease in demand is at its lowest level in the last two decades. In such a situation, the people of the auto sector have demanded a reduction in the GST rate from the government. GST Council is scheduled to meet on 20 September. Recently, Minister of State for Finance Anurag ...

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