Railway Enquiry No139 touched a new peak

Railway Enquiry no achieved a new peak of receiving 29.20crore calls in previous year. This is the average of receiving 8lakh calls per day. Mostly Railway enquiry no 139 is used to check PNR Status, Train timings, ticket fare and many.

These enquiry calls are received in various call centres of Kolkatta, Ahmadabad, Noida and Mysore and provides necessary data. The data centres are situated at Chennai, Mumbai, Delhi and Kolkatta.

This enquiry no was first started in July2007 and received total calls of 120crore. In previous yr alone it received 29.20crore calls and 7.5crore SMS enquiries. This is the new record of receiving such a huge calls.
75% of calls were received from UP, Bihar, Rajasthan, Hariyana, MP and Jharkhand.
The response of calls were given in various languages such as Hindi, English, Punjaabi, Gujaraati, Kannada, Malayalam, Tamil, Telugu, Bengali, Odiya and Assami. In that Hindi lies in First place followed by English which is 16%. Per day 10000 SMS enquiries were wrongly received because of unaware of sending SMS format.

CANARA BANK RECRUITMENT FOR THE POSTS OF PROBATIONARY OFFICERS & PROBATIONARY CLERKS - THE SPECIAL INDUSTRY INITIATIVE-JAMMU & KASHMIR SCHEME

Canara Bank,a leading Public Sector Bank with Head Office in Bangalore and pan India presence with over 3680 branches, as part of its Corporate Social Responsibility, is participating in the Special Industry Initiative - Jammu & Kashmir (UDAAN) Scheme launched by the Ministry of Home Affairs,Government of India.

Applications are invited from the eligible candidates in the state of Jammu & Kashmir for enrolling to the training programme. Please read this advertisement carefully and ensure your eligibility before submitting on-line application.
 
Opening date for Online Registration : 29.04.2013
Closing date for Online Registration : 15.05.2013

For More Information  Click Here 

For Registration Click Here

Registering Online Complaints With SEBI

SEBI is the regulator for the Securities Markets in India. The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.

Tollfree Investor Helpline

1800 266 7575 or
1800 22 7575
(All days from 9:30 AM to 5:30 PM excluding declared holidays)

Office of Investor Assistance and Education (OIAE):   

Tel.:+91-22-26449188 / 26449199 / 40459188 / 40459199

How to file complain online?

• For Registering a complaint online Click Here
• click on "Complaint Registration"
• under "Investor Corner" 

For more Queries Click Here

Address and Offices of SEBI
Head Office : Mumbai (Bombay)
Head Office :	Plot No.C4-A,'G' Block,Bandra Kurla Complex,Bandra(East), Mumbai 400051 Tel : +91-22-26449000 / 40459000 Fax : +91-22-26449016-20 / 40459016-20 E-mail : sebi[at]sebi[dot]gov[dot]in
North Zone : New Delhi
Regional Office :	The Regional Manager, 5th Floor, Bank of Baroda Building,16, Sansad Marg, New Delhi - 110 001. Tel. Board: +91-11-23724001-05 Fax : +91-11-23724006. E-mail : sebinro[at]sebi[dot]gov[dot]in
South Zone : Chennai (Madras)
Regional Office :	The Regional Manager, 7th Floor, Overseas Towers, 756-L, Anna Salai, Chennai : 600002 Tel : +91-44-24674000/24674150 Fax: +91-044 -24674001 E-mail : sebisro[at]sebi[dot]gov[dot]in
East Zone : Kolkata (Calcutta)
Regional Office :	The Regional Manager, L&T Chambers, 3rd Floor, 16 Camac Street, Kolkata 700 017 Tel : +91-33-23023000. Fax: +91-33-22874307. E-mail : sebiero[at]sebi[dot]gov[dot]in
West Zone : Ahmedabad
Regional Office :	Western Regional Office Unit No: 002, Ground Floor SAKAR I, Near Gandhigram Railway Station Opp. Nehru Bridge Ashram Road Ahmedabad - 380 009 Tel : +91-79-26583633-35 E-mail : sebiwro[at]sebi[dot]gov[dot]in

List of companies in Insurance Complaints

Due to improper business practices and the complaints from the victims of customers HDFC and Standard Life Insurance lies in first place. 
Giving false promises and selling insurance HDFC, Standard Life Insurance, Bajaj Allianz, Birla sunlife Insurance are the companies who lies in front. Also ICICI, Prudential Life Insurance, Reliance Life Insurance provide false promises and attract customers but it would not work and the complaints from customers were still increasing. 
In the last fiscal year there were 1.68 lakh complaints registered under insurance companies. This, in the previous fiscal year, which was 1 million. Last year, LIC also received 2538 complaints. In the private sector, HDFC, Standard Life Insurance Company received 33,823 complaints ,the Federal Finance Minister. Mr.Chidambaram told in Rajya Sabha.

Public Sector Organizations: Revenue of Rs 18 lakh crore

Past in the 2011-12 fiscal year, Public sector companies earnings, was Rs 18.20 lakh crore. This is the value of gross domestic product, as 34.8 percent, President Pranab Mukherjee, in New Delhi on the occasion said. 

Cash Balance : The performance is much better in Federal Government owned Public sector companies. From the public sector, 50 companies were listed on the stock markets. These capital raising funds to the stock market as 7.30 lakh crore rupees have been invested in past 2012 to March period. In computational financial year, public sector companies export earnings was Rs.1.20 lakh crore. It is the country's total export of 8.5 percent. 

Revenue : Central government earned a revenue of Rs 1.60 lakh crore (Divident, Tax, Interest income) from Public Sector profitable companies. This is the total revenue of the central government, which is 21.4 per cent., However, in the public sector, 66 companies are listed as low income. However steps have been taken to improve the income of the respected companies.  

Economic growth : The country's economy growth in the next two or three years will be 7 to 8 percent. Over the past 10 years the country's economy, had an average of 7.9 percent.But, it is only in the last fiscal year of 2012-13, it fell to 5 percent. Central government will take corrective measures to the next two to three years and 7 to 8 percent economic growth will be achieved.

Heavy Fines for the banks those who Infringe the rule : A violation of Rs.1crore

A fine of one million rupees for banks, a punishable offense for those who violate the legal norms, the Reserve Bank has announced. 
The amendment bill was passed on the Banking Regulation Act, section 46. It is published in the government gazette and the new rules will be passed soon immediately. So far, Rs 5 lakh was fined among banks those who infringe the rules. But now it has been increased to 1 crore rupees. 

Accordingly, banks who violate the KYC (Know your customer) norms will be penalized immediately.  

JP Morgan Bank which has only one branch in Mumbai has been penalized Rs.5lakh for violating the KYC norms. Similarly, ICICI bank has also been charged Rs.30lakh for violating the KYC norms. Moreover, ING Vysya Bank paid a fine of 55 million rupees. Similarly, Axis Bank, HDFC Bank, Kottak Mahindra Bank, Yes Bank has been penalizes each of Rs.15 lakh. Citi Bank, PNB, State Bank of India, The Royal Bank of Scotland, Standard Chartered Bank has also been fined of Rs.5lakh for violating the norms.

Banks to reduce the amount for Gold Loan

Due to deterioration of Gold prices, banks must provide a reduction up to five thousand rupees for Gold loans, banks have been ordered. 
Due to reduction of gold price and increasing investment the order has been made.
When the price of a gram of gold sold for 2900 rupees, banks rate is 2200 per gram, and for 8gm it was 17,600.  
Currently, gold price has been declined to Rs 2426 and the present bank rate for gold loan is declined to Rs12 thousand. Thus, on average, more than five thousand rupees has been reduced. 

Due to deterioration of gold price, the gold reserves (557.75 ton) with the Reserve Bank plunged to 29 per cent, to $ 2.417 million. Though due to rise in gold prices for 10yrs, and average expenditure for the purchase of gold is calculated the loss is minimum, RbI.

Cabinet Approves 80% Hike In DA from 72% For Central Govt Employees and Pensioners

UNION CABINET ON TUESDAY APPROVED A PROPOSAL TO HIKE AN ANOTHER ADDITIONAL DEARNESS ALLOWANCE BY 80% from 72% FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS...

THE CENTRAL GOVERNMENT TODAY APPROVED TO RELEASE A EIGHTY PERCENT HIKE IN DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS, THIS HIKE IS TO BE EFFECTIVE RETROSPECTIVELY FROM JANUARY 2013...

Repo rate, Reverse repo rate, CRR, SLR rates

As of now,

Repo rate                 is 7.50%
Reverse Repo rate is 6.50%
CRR rate                  is 4% ( 18000 Crore Liquidity )
SLR rate                   is 23%

What is GDP?

The Gross Domestic Product or GDP is a measure of all of the services and goods produced in a country over a specific period; classically a year.

    The value of GDP shows a Country's economic growth and production during the Financial year.
If the GDP of a country is above 8 or 9% the economic growth is high in that particular country and if it is below 5% tat economic growth is poor and should be improved.

Eg:  GDP during 2008-09 is 6.7% in India.
        GDP in the current Financial yr 2012-13 is estimated to be 5.5%.

Govt makes some special policies to improve the GDP growth if it is lowered.