Assignment of Lead Bank responsibility- Newly formed district of Bhim Nagar in the State of Uttar Pradesh

RBI/2011-12/417 RPCD.CO.LBS. BC.No. 61/02.08.01/2011-12 The Chairmen/CMD All Lead Banks Dear Sir/Madam, Assignment of Lead Bank responsibility- Newly formed district of Bhim Nagar in the State of Uttar Pradesh The Government of Uttar Pradesh vide their Gazette Notification No. 2876/1-5-2011-154/2011-R-5 dated September 28, 2011 has advised about the constitution of a new district viz. Bhim Nagar… Read More

Duty exemption on re-import of Cut & Polished Diamonds sent abroad for Certification/ Grading

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section ii)  Government of India; Ministry of Commerce & Industry; Department of Commerce Notification No.  100   (RE-2010) /2009-2014 Dated  28th  February,  2012  Subject: Duty exemption on re-import of Cut & Polished Diamonds sent abroad for Certification/ Grading  S.O (E) In exercise… Read More

International conference on innovations in public employment programme and sustainable inclusive growth to begin on 1st March

Union labour and Employment  Minister Shri Mallikarjun Kharge will inaugurate  the International conference on innovations in public employment programme and sustainable inclusive growth on March 01, 2012 at New Delhi . Labour Ministers from 32 countries will be attending this conference. The objectives of the three day conference organised in collaboration with ILO are : … Read More

Amends Notification No. 12/97 Customs(N.T.) dated the 2nd April, 1997

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 12/2012 - Customs (N.T.) New Delhi, dated the 27th February, 2012 G.S.R¦..(E).- In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs, hereby makes the following… Read More

Appointment of Common Adjudicating Authority

Government of India Ministry of Finance (Department of Revenue) Notification No. 13/2012-Customs (N.T.) S.O.          (E). In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Joint Commissioner or Additional Commissioner of… Read More

Circular on Amendments to SEBI (Mutual Funds) Regulations, 1996 & Valuation of Debt and Money Market Instruments

CIRCULAR Cir/IMD/DF/6/201 2 February 28, 2012 All Mutual Funds/Asset Management Companies (AMCs) Sir/Madam, Sub: Circular on Mutual Funds A. Amendments to SEBI (Mutual Funds) Regulations, 1996 1. Please find enclosed a copy of the gazette notification No. LAD-NRO/GN/201 1-12/38/4290 dated February 21, 2012 pertaining to Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2012 for your… Read More

Circular for Mutual Funds on Distributor Due Diligence & Clarification to Regulation 24 of SEBI (Mutual Funds) Regulations, 1996

Circular No. Cir/IMD/DF/7/2012 , Dated- February 28, 2012 All Mutual Funds/ Asset Management Companies (AMCs) Sir/Madam, Sub: Circular for Mutual Funds A. Distributor Due Diligence 1. Please refer to SEBI circular no. SEBI/IMD/DF/13/201 1 dated August 22, 2011 regarding the captioned matter. 2. It is hereby clarified that the due diligence of distributors is solely the… Read More

The 12th meeting of the Assembly of Asian Organisation of Supreme Audit Institutions starts tomorrow

The 12th meeting of the Assembly of Asian Organisation of Supreme Audit Institutions (ASOSAI), a regional group of the International Organisation of Supreme Audit Institutions (INTOSAI), will be inaugurated by the Governor of Rajasthan, Shri Shiv Raj Patil at Jaipur tomorrow. Chief Minster of Rajasthan Shri Ashok Gehlot will release the Assembly logo. This will… Read More

India & Italy to explore two more working groups- Tourism & hospitality and Agro-processing

Giving a new impetus to the economic engagement with Italy, the Union Minister of Commerce, Industry and Textiles Shri Anand Sharma has set a deadline for joint working groups to prepare their recommendation for upcoming meeting of India-Italy Joint Economic Commission to be held in June 2012. India and Italy have five working groups on… Read More

ICAI is organising 7 days course on Oracle R12 Financials from 16th April 2012

The Committee on Information Technology of the ICAI is organising 7 days course on Oracle R12 Financials at Delhi from 16th April 2012. The revised Oracle Financial Accounting Program would address the following topics. 1. Fundamentals of Oracle ERP R12 e-Business Suite 2. Security 3. General Ledger 4. Procure to Pay 5. Order to Cash… Read More

CAG & GAO discuss the issues of common interest and the need for mutual cooperation which would be for mutual benefit

The Comptroller General of the United States of America, Government Accountability Office (GAO), Mr. Gene Dodaro, called on the CAG of India, Mr. Vinod Rai at the CAG Headquarters here today. The GAO in the USA, is the counterpart of the institution of the Comptroller and Auditor General of India. Mr. Dodaro & Shri Rai… Read More

GOI & ADM signed the final agreement for USD 50 million to meet the growing demand for electricity in Assam

The Government of India and the Asian Development Bank (ADB) today signed an agreement for the third and final $50 million tranche of an ADB loan. This is the third and last tranche of total $ 320.6 million MFF, out of which loan assistance from ADB is $ 200 million and financing by Government of… Read More

Import of Gold on Loan Basis- Tenor of Loan and Opening of Stand – By Letter of Credit

RBI/2011-12/411 A.P. (DIR Series) Circular No. 83 To All Category I Authorised Dealer Banks Madam / Sir, Import of Gold on Loan Basis- Tenor of Loan and Opening of Stand - By Letter of Credit Attention of Authorised Dealer Category I (AD Category I) banks is invited to the A.P.(DIR Series) Circular No. 34 dated February… Read More

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