Page-92 of IBPS

Supreme Court: Courts can’t impose fine more than twice the amount in Bounced Cheques

The Supreme Court, in a ruling, directed the Courts not to impose a fine of more than twice the amount in bounced cheques even if they are taking a lenient view of the accused by not sentencing him imprisonment. As per ..

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Government plans to launch interest rate futures

In order to deepen its financial market, the Govt is all set to launch  trading of government bond futures.  These interest rate futures would help banks and financial institutions and allow Indian policy makers with an estimate to evaluate market predictions for their future rate ..

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Chanda Kochhar ranked 4th in Fortune magazine's global list of top-50 women business leaders

ICICI Bank CEO and MD, Ms Chanda Kochhar has been ranked 4th in Fortune magazine’s global list of top-50 women business leaders. The list is topped by Brazilian energy giant Petrobras’ CEO, Maria Das Gracas Foster. Other Indians making it to the list ..

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New Zealand author Eleanor Catton wins 2013 Booker Prize

New Zealand author Ms Eleanor Catton became the youngest winner of the Man Booker Prize for fiction. She claimed the award for her novel “The Luminaries”. “The Luminaries” is the longest book ever to win the Booker Prize . Ms Eleanor Catton ..

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Plan to bring all Post Offices across India under the Core Banking Solution System

The Central Govt has planned to add all the post offices throughout India under the core banking solution system. Objective: To bring more rural areas with AADHAAR seeded accounts. Ms Nidhi Khare (the Adviser to the Planning Commission) held that ..

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More regulatory reforms for insurance sector to spur growth: IRDA chief

As per Insurance Regulatory and Development Authority (IRDA) Chairman T. S. Vijayan, the insurance industry will undergo another round of regulatory reforms, particularly focused on distribution channel, to instill growth. As per him, IRDA is focusing on bank channels and ..

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Chemistry Nobel 2013 to Levitt, Karplus and Warshel

The Nobel Prize in Chemistry for 2013 will be shared by Michael Levitt, a British and US citizen, US-Austrian Martin Karplus and US-Israeli Arieh Warshel. As per Royal Swedish Academy of Sciences who announces the names for the awards, the Nobel Laureates in ..

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Rothman, Schekman and Sudhof to share Nobel Prize 2013 for Physiology or Medicine

The Nobel committee has announced the winners of the 2013 Nobel Prize for Physiology or Medicine. The Prize has been awarded to three scientists, James E. Rothman, Randy W. Schekman and Thomas C. Sudhof, all based in the USA for working ..

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Nobel physics Prize 2013 goes to Englert and Higgs

The Nobel Prize in physics has been announced to be given to physicists Francois Englert of Belgium and Peter Higgs of Britain for their theoretical discoveries on how subatomic particles acquire mass. What is the special contribution of Englert and ..

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SEBI merges FIIs and QFIs into new FPIs category

Stock market regulator, the Securities Exchange Board of India (SEBI) announced Foreign Portfolio Investor (FPI) regulations aimed at wooing foreign investors. SEBI, through these new rules, intends to ease the registration process and operating framework for foreign investors. Under FPIs, ..

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