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Articles by eMinds Legal

Clean Energy Focus – World Energy Leaders Take Action

Inaugurating the fourth Clean Energy Ministerial taking place in New Delhi this week, India`s Prime Minister Dr. Manmohan Singh said that "there is need for inter-country consultation and discussion in these areas to promote information exchange and to identify possible areas of collaboration, and also to learn from each other`s experience in addressing common problems.… Read More

India™s Foreign Trade – Report for March, 2013

EXPORTS (including re-exports) Exports during March, 2013 were valued at US $ 30849.65 million (Rs. 167836.31 crore) which was 6.97 per cent higher in Dollar terms (15.65 per cent higher in Rupee terms) than the level of US $ 28839.36 million  (Rs. 145123.41 crore) during March, 2012. Cumulative value of exports for the period April-March… Read More

Foreign Trade Policy 2009-14 – Highlights of Annual Supplement (2013-14)

Highlights of Annual Supplement (2013-14) to the Foreign Trade Policy 2009-14 Announced by Shri Anand Sharma 1. Measures to revive investors™ interest in SEZs. 1.1 A package of measures has been formulated to revive investors™ interest in SEZs and to boost exports. The salient features of the package are:- (i) In view of the acute… Read More

India Show inaugarted in Panama

The Minister of State in the Ministry of Commerce & Industry, Dr. D Purandeswari today inaugurated the India Show in Panama. Speaking during the inauguration, the Indian Minister emphasised on enhanced cooperation and engagements between India and Panama. She exhorted the business leaders of both the sides to increase the trade and investments to next… Read More

Coal Beneficiation – Task Force Report to be submitted soon

A task force constituted by the Ministry of Coal to work out the policy issues of coal beneficiation is likely to submit its findings shortly. This was announced by Minister of Coal , Shri Sriprakash Jaiswal. He was addressing the inaugural session of the International Conference & Expo on Coal Beneficiation being organised by the… Read More

BRGF (Backward Regions Grant Fund) Approved by Cabinet Committee

The Cabinet Committee on Economic Affairs has given its approval to: (i) continue the special plan for Bihar in the remaining four years 2013-14 to 2016-17 of the Twelfth Five Year Plan with a total allocation of Rs.12,000 crore for the entire Twelfth Five Year Plan period, (ii) continue the special plan for the KBK… Read More

Cabinet Approval to National Policy for Children, 2012

The Union Cabinet today gave its approval to the National Policy for Children, 2012. The Policy reaffirms the government`s commitment to the realisation of the rights of all children in the country. It recognizes every person below the age of eighteen years as a child and that childhood is an integral part of life with… Read More

DA and DR released to Central Govt. employees & Pensioners

Release of additional installment of Dearness Allowance to central government employees and Dearness Relief to pensioners, due from 1.1.2013 The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2013 at the rate of 8 percent over the… Read More

CLR Snippets :: Extension of Walmart inquiry

Extension of term of the One-man Committee to inquire into media reports concerning Walmart from 1.5.2013 to 31.05.2013 The Union Cabinet today gave its approval for one month extension of the tenure of the one man Committee under Mr. Justice Mukal Mudgal, former Chief Justice of Punjab and Haryana Court i.e. from 01.05.2013 to 31.05.2013.… Read More

Survey on International Trade in Banking Services: 2011-12

The Reserve Bank of India today released, on its website, the data related to the results of Survey on International Trade in Banking Services: 2011-12. The data compiled are based on an annual survey which is intended to provide information on International trade in banking services (ITBS) for India in respect of the branches/subsidiaries of Indian banks… Read More

IMF Conference on Rethinking Macro Policy II

Remarks by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at IMF Conference on Rethinking Macro Policy II, Washington DC, on April 17, 2013 Session VI: Capital Account Management Three sub-topics (i) Capital controls (ii) Reserves (iii) International provision of liquidity I. Capital Account Management Intellectual Shift on Capital Controls The change in our world… Read More

Seminar on Strengthening IMF Surveillance

Talking Points of Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at Seminar on Strengthening IMF Surveillance IMF Spring Meetings, Washington DC, on April 16, 2013 Question 1: Over the next three to five years, what do you see as the critical issues for IMF Surveillance? Response There are several critical issues for IMF Surveillance… Read More

Anti Money Laundering Standards as per Financial Action Task Force

RBI/2012-13/478 DNBS(PD).CC.No 323/03.10.42/2012-13 April 18, 2013 All Non Banking Financial Companies excluding Residuary Non Banking Companies Dear Sir/Madam, Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) - Standards Please refer to DNBS (PD).CC.No.319/03.10.42/ 2012-13 dated December 28, 2012 on risks arising from the deficiencies in AML/CFT regime of certain jurisdictions. 2. Financial Action Task Force… Read More

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