Mahavitaran’s electricity tariff reduction due to savings of Rs 66,000 crore: CMD

Mahavitaran’s electricity tariff reduction due to savings of Rs 66,000 crore: CMD

Follow Us on Google News Mumbai, June 26 (IANS) The Maharashtra State Electricity Distribution Company (Mahavitaran) CMD Lokesh Chandra on Thursday said that the electricity tariff reduction was due to savings of Rs 66,000 crore in the company’s power purchase cost in the next five years. He added that this will be passed on to … Read more

Canara Bank removes minimum balance requirement for all savings accounts

Follow Us on Google News New Delhi, June 1 (IANS) In a customer-friendly move, the Canara Bank on Sunday officially scrapped the penalty for not maintaining a minimum balance in savings accounts starting June 1. With this decision, customers holding any type of savings account with Canara Bank will no longer be charged or penalised … Read more

India’s household savings may surge to Rs 22 lakh crore in FY25: Report

Follow Us on Google News Mumbai, May 30 (IANS) Net financial savings of India’s household sector may reach Rs 22 lakh crore or 6.5 per cent of gross national disposable income (GNDI) in FY25 based on the current trends, according to an SBI report released on Friday. With the latest RBI annual report indicating that … Read more

Family loses residential shed, livestock & life savings in Bandipora midnight fire

Bandipora, May 23, KDC: A devastating nocturnal fire reduced a residential tin shed and cowshed to ashes in Rather Mohalla, Ajas, Bandipora, claiming the lives of two cows and a calf while destroying cash savings worth lakhs of rupees. Witnesses told Srinagar-based news-gathering agency Kashmir Dot Com that the shed, belonging to Aashiq Hussain Rather, … Read more

PM Surya Ghar Yojana brings power and savings to Bhagalpur, beneficiaries laud initiative

Follow Us on Google News Bhagalpur, May 19 (IANS) The PM Surya Ghar: Muft Bijli Yojana, launched in February 2024, is making waves across Bihar’s Bhagalpur. With over 500 beneficiaries spread across 16 blocks and the urban area of the district, the scheme is not only lighting homes but also lightening financial burdens. Local residents … Read more

Axis Max Life Launches Smart Value Income & Benefit Enhancer Plan – A Flexible Solution for Guaranteed Income, Savings, and Protection

Axis Max Life Insurance Ltd. {formerly known as Max Life Insurance Company Ltd.} (“Axis Max Life”/ “Company”), has announced the launch of its Axis Max Life Smart Value Income & Benefit Enhancer Plan (UIN: 104N159V01), a Non-Linked, Non-Participating Individual Life Insurance Savings Plan. This offering, available on all channels from May 5, 2025, is … Read more

‘See the savings’: Guwahati Jan Aushadhi Kendra shows medicine price gaps with market rates

Follow Us on Google News Guwahati, April 30 (IANS) In Assam’s Guwahati city, the Pradhan Mantri Jan Aushadhi Kendra has emerged as a boon for the poor and underprivileged, offering quality medicines at highly affordable prices. The initiative has significantly reduced the financial burden of medical expenses while ensuring better access to healthcare for the … Read more

High inflation eroded purchasing power, hit households’ savings before 2014: Centre

Follow Us on Google News New Delhi, April 16 (IANS) As India’s retail inflation hit six-year low in March, the government data showed on Wednesday that average annual inflation between 2004–05 and 2013–14 stood at 8.2 per cent, reflecting a decade marked by considerable volatility in retail prices and households across the country bearing the … Read more

Lowering drug prices result in annual savings of Rs 3,788 crore to patients: Centre

Follow Us on Google News New Delhi, March 18 (IANS) The average price reduction of drugs, due to fixation or refixation of prices, has resulted in estimated annual savings of approximately Rs 3,788 crore to patients, the Parliament was informed on Tuesday. Union Minister of State for Chemicals and Fertilisers, Anupriya Patel said in a … Read more

Exit mobile version