-The Economic Times KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator. While Reserve Bank of India told banks to send SMS alerts for every transaction as means to fight frauds, the regulator also directed banks to...

-The Hindu The MSP alert will be published on social media handles of the Jai Kisan Andolan and associated organisations Two months after the Finance Minister’s Budget announcement of a minimum support price (MSP) at least 50% above the cost of production, Farmers’ organisation Jai Kisan Andolan has launched a daily news alert, tracking the ground reality regarding MSP. The MSP alert will be published on social media handles of the Jai...

-The Times of India NEW DELHI: A Finance company cannot forcibly take possession of a vehicle for non-payment of dues without sending a notice to the borrower, country's apex consumer commission has said.   The National Consumer Disputes Redressal Commission (NCRDC) on Friday ordered a private Finance company to pay Rs 80,000 to the borrower whose tractor was seized by the company in January, 2011 for alleged non-payment of dues. Directing Shriram Transport Finance...

-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...

-IndiaToday.in Rising prices including those of petrol and diesel were among the reasons that brought down the UPA government of Manmohan Singh, whom the then Gujarat Chief Minister Narendra Modi had described as a "Sardar (chief), who is not asardar (effective)". In May 2012, the UPA government had approved the steepest ever hike in petrol prices across the country. The petrol prices suddenly went up by Rs 7.54 per litre. Petrol price...