The Appointments Committee of the Cabinet has approved the following : (i) Shri Rajive Kumar, IAS(UP:81), at present in the cadre, as Additional Secretary, Ministry of Petroleum and Natural Gas in the vacancy of Shri Sudhir Bhargava, IAS(RJ:79). (ii) Shri Krishan Kumar Jalan, IAS(HY:82), at present in the Cadre, as Central Provident Fund Commissioner in the… Read More
RBI/2012-13/520 A.P. (DIR Series) Circular No.107 June 4, 2013 To All Scheduled Commercial Banks which are Authorised Dealers (ADs) in Foreign Exchange/ All agencies nominated for import of gold Madam/Sir Import of Gold by Nominated Banks /Agencies Attention of Authorised Persons is drawn to our A.P. (DIR Series) Circular No. 103 dated May 13, 2013 on the… Read More
The Assocham Seminar on Due Diligence - Key to Successful Business Deals - is being organized by ASSOCHAM India on Friday, 7th June, 2013, Hotel Le-Meridian, New Delhi. The Seminar aims To address the many aspects & emerging issues related to Due Diligence process, ASSOCHAM is delighted to bring to you a one-day National Seminar on Due… Read More
Target for power generation is fixed on an annual basis. As against the power generation target of 930 BU for the year 2012-13, 911.65 BU has been achieved, which is 98% of the target. The overall electricity generation in power utilities in the country as well as import from Bhutan since the beginning of 9th Plan… Read More
Reviews The Position of Asset Quality and Capital Adequacy of The Banking System in the Country, National Strategy for Financial Education and the Recommendations of The Financial Sector Legislative Reforms Commission Among Others The Financial Stability and Development Council (FSDC) reviewed the position of asset quality and capital adequacy of the banking system in the… Read More
The Telecom Regulatory Authority of India (TRAI) has today released a consultation paper on Monopoly/ Market dominance in Cable TV services. MIB has sought recommendations of TRAI on restriction to be imposed on Multi System Operators (MSOs)/ Local Cable Operators (LCOs) to prevent monopolies/accumulation of interest in order to ensure fair competition, improved quality of service, and… Read More
1. There have been extensive media reporting in the print as well as electronic about on the quality of drugs (pharmaceutical products like APIs and formulations) manufactured in India for exports. Some isolated reports have also been received about export of spurious / counterfeit drugs attributed to some source in India 2. The Pharmaceutical sector… Read More
Parliamentary Standing Committee on Agriculture has invited suggestions, views, and comments of Experts/Stakeholders/individuals/institutions/organizations interested in Pricing of Agricultural Produce. The Committee chaired by Shri Basudeb Achariya, Member of Parliament, is examining the methodology involved in fixation of Minimum Support Price (MSP); need to broad base crops covered; Market Intervention to protect farmers from distress sale;… Read More
The Government of India have announced the sale (re-issue) of (i)8.12 per cent Government Stock 2020 for a notified amount of Rs. 3,000 crore (nominal) through price based auction, (ii) 8.33 per cent Government Stock 2026 for a notified amount of Rs. 6,000 crore (nominal) through price based auction , (iii) 8.32 per cent Government Stock 2032 for a… Read More
Parliamentary Standing Committee on Agriculture has invited suggestions, views, and comments of Experts/Stakeholders/individuals/institutions/organizations interested on the Agricultural Biosecurity Bill 2013. The Committee is chaired by Shri Basudeb Achariya, Member of Parliament. The Agricultural Biosecurity Bill 2013 proposes: a. integration of plant and quarantine services; b. establishment of an Authority for prevention, control, eradication and management… Read More
RBI/2012-2013/518 UBD.BPD (PCB) Cir. No. 52 /14.01.062/2012-13 May 31, 2013 The Chief Executive Officer All Primary (Urban) Co-operative Banks Madam / Dear Sir, Implementation of Section 51-A of UAPA, 1967 Updates of the UNSCR 1267 (1999) /1989 (2011) Committee™s Al-Qaida Sanctions List and Consolidated List Primary (Urban) Co-operative Banks Please refer to our circular UBD. BPD.… Read More
The Reserve Bank of India today released 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks, September 2012™. The publication contains data on spatial distribution of aggregate deposits and gross bank credit of scheduled commercial banks including regional rural banks (RRBs) based on Basic Statistical Return (BSR)-7 as on September 28, 2012. The data… Read More
Clarifications to Queries on Guidelines for Licensing of New Banks in the Private Sector In providing the clarifications, an attempt has been made to assist potential applicants in understanding the terms of the guidelines. The clarifications are specific to the queries and must be read in the overall context of the guidelines. Q.1. Is it compulsory for the… Read More