SBI waives charge on IMPS fund transfer of up to Rs 1,000

Country’s largest bank SBI has waived charges for fund transfer of up to ₹1,000 through its IMPS (Immediate Payment Service) to promote small transactions. State Bank of India had been charging ₹5 along with the applicable service tax for IMPS fund transfer of up to ₹1,000. IMPS is an instant interbank electronic fund transfer service through mobile phones as well […]

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Indian-American doctor couple killed in plane crash in U.S.

In a tragic incident, an Indian-origin psychiatrist couple was killed when their private plane crashed in the U.S. state of Ohio, police officials said on Wednesday. Umamaheswara Kalapatapu, 63, and his wife Sitha-Gita Kalapatapu, 61, both of Logansport, were killed in the crash, according to a media release from the Ohio State Highway Patrol. “They were generous to a fault, […]

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Tax department launches ‘Aaykar Setu’ for taxpayers

The Income Tax Department has introduced a mobile app, named ‘Aaykar Setu’ which aims to facilitate taxpayers with solutions to a range of tax-related issues. The app which was formally launched by Finance Minister Arun Jaitley on Monday, will also let people link their PAN with the 12-digit unique identification number, Aadhaar. The app is currently available on the Android […]

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Amarnath pilgrims attack carried out by LeT

Intelligence sources have said three to five Lashkar-e-Taiba terrorists were involved in the attack on Amarnath Yatra that killed seven pilgrims and injured 14 others, including policemen, when they struck at a bus carrying them on Monday night in Jammu and Kashmir’s Anantnag district. According to the sources Ismail, a Lashkar operative from Pakistan, was heading the militant group. He […]

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Govt. approves Amazon’s food retail plans

The government has approved American e-commerce major Amazon’s proposed $500 million investment in retailing of food products in India, an official said. The proposal was pending before the Foreign Investment Promotion Board which has been abolished. Hence, the Department of Industrial Policy and Promotion gave the green signal to the proposal. As per the proposal, the company will open a […]

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