Railways plans to discontinue providing blankets in some AC trains

NEW DELHI: Faced with criticism that it gives dirty blankets to passengers, the railways is working on a pilot project to discontinue providing them in AC coaches in some trains. Recently, the CAG, in its report tabled in Parliament, criticised the railways on cleanliness and hygiene in trains and stations. On a trial basis, the railways will maintain the temperature … Read more

Nifty makes history, touches 10,000: Key factors

Equity benchmark NSE Nifty touched the psychological mark of 10,000 for the first time in Tuesday’s opening trade. The broader index opened at 10,010.55, gaining 44.15 points. Here are some of the key points which contributed to the surge: Optimism among investors The policies introduced by the Narendra Modi-government have provided a sense of optimism in the … Read more

Karnataka Bank targets Rs 2,500 crore export credit in FY18

Karnataka Bank aims to achieve an export credit target of Rs 2,500 crore during the current financial year. Besides, the Bank will be proactive in extending all the required banking facilities to the forex sector by giving preferential treatment. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, … Read more

Nucleus Software extends digitization capability of FinnOne Neo mCollect

Nucleus Software Exports has extended digitization capability of its lending mobility solution (FinnOne Neo mCollect) which can now be used for Unified Payments interface (UPI) based direct fund transfers. With this capability in FinnOne Neo mCollect, the loan collection agents can initiate a UPI based payment request to the customer on their Virtual Payment Address … Read more

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