Union Minister of State for Commerce & Industry, signs the 17th Joint Economic Committee Protocol in Romania
Shri Jyotiraditya M. Scindia, Union Minister of State for Commerce & Industry, led the 17th Joint Economic Committee (JEC) at Bucharest in Romania and signed the protocol with his counterpart Minister. During the meeting Minister Scindia urged Indian industry to use the opportunities presenting themselves in Europe for investments and cutting-edge technology ventures. Minister M.… Read More
Weekly release of Wholesale Price Index (WPI) discontinued
Consequent upon the decision of the Cabinet Committee on Economic Affairs (CCEA) held on 24th January, 2012, weekly release of Wholesale Price Index (WPI) for the commodities/items under the Groups ˜Primary Articles™ and ˜Fuel & Power™ is discontinued with immediate effect. WPI shall, henceforth, be released on a monthly basis only. The Monthly WPI for… Read More
The Ministry of Labour & Employment and the US Department of Labour initiates talk for signing of MOU
Union Minister for Labour & Employment Shri Mallikarjun Kharge has expressed the hope that the ongoing dialogue and cooperation between Ministry of Labour & Employment, Government of India and the US Department of Labour, that would be further enhanced by the signing of a MoU by him and the US Secretary of Labour in Washington… Read More
SEBI- Offer For Sale of Shares by Promoters through the Stock Exchange Mechanism
CIR/MRD/DP/ 05/2012; February 1, 2012 The Managing Director National Stock Exchange of India Ltd. Exchange Plaza, Bpandra Kurla Complex Bandra (E) Mumbai - 400 051 The Managing Director and CEO Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001 Dear Sir, Sub: Offer For Sale of Shares by Promoters through the Stock… Read More
Deferred Payment Protocols dated April 30, 1981 & Dec 23, 1985 between Government of India and erstwhile USSR
RBI/2011-12 /380 A.P. (DIR Series) Circular No. 74; February 01, 2012 To All Category - I Authorised Dealer Banks Deferred Payment Protocols dated April 30, 1981 and December 23, 1985 between Government of India and erstwhile USSR Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 54 dated… Read More
Pre-Budget meeting convened by the Finance Minister to solicit the suggestions on various vital economic issues
The Union Finance Minister Shri Pranab Mukherjee said that in the era of coalition politics, decisions are taken through consensus as you have to carry others with you. The Finance Minister said that the current year was a challenging year as we had to face the problem of inflation, fiscal deficit and maintenance of sustainable… Read More
Fifth session of India-Belarus IGC for Economic, Trade, Industrial, Scientific, Technological and Cultural Cooperation held in Minsk
The Fifth Session of the India-Belarus Inter-Governmental Commission (IGC) for Economic, Trade, Industrial, Scientific, Technological and Cultural Cooperation was held in Minsk on 31 January, 2012. The Indian delegation was led by Mr. Jyotiraditya M. Scindia, Minister of State Commerce & Industry. The Belarusian delegation was led by Mr. Dmitry S. Katerinich Minister of Industry,… Read More
The 9th World CEO Sustainability Summit, focused on ˜Doing Business while protecting the Global Commons™
Shri Anand Sharma the Union Minister of Commerce, Industry & Textiles addressed the 9th World CEO Sustainability Summit, centred on the theme of ˜Doing Business while protecting the Global Commons™. Shri Sharma in his address said that, India, has made significant headway in ensuring sustainable development in the recent past, not only from the perspective… Read More
MCA- 2nd National CSR Conclave on Corporate Social Responsibility Public Sector Perspective organised by IICA
Union Corporate Affairs Minister Dr. M. Veerappa Moily has stressed for a Corporate culture attuned to the universally accepted values of good governance accountability, transparency, responsibility and responsiveness to stake holders. Dr. Moily was addressing the 2nd Second National CSR Conclave on Corporate Social Responsibility Public Sector Perspective organised by the Indian Institute of Corporate… Read More
ICAI- Extension of date for registration for Integrated Professional Competence Course (IPCC)
In order to mitigate the hardship being faced by the students in registering for Integrated Professional Competence Course (IPCC), the Council at its 312th Meeting held from 25-27th December, 2011 decided to pass the following Resolution:- Resolved that by virtue of powers vested under Regulation 205 of the Chartered Accountants Regulations, 1988, the Council of… Read More
Finance Ministry expects the economy to grow faster in financial year 2012-13
The Central Statistical Office released the quick estimates of national income, consumption expenditure, saving and capital formation for 2010-11 today. Savings and investment data for 2010-11 are new and all other data are revisions to earlier releases. GDP at factor cost at constant (2004-05) prices (real GDP) grew by 8.4 per cent in 2010-11. This… Read More
Comparative Rating Index of Sovereigns (CRIS) developed by the Finance Ministry
Major credit rating agencies give out the sovereign credit rating of each nation as an absolute grade. How other nations fare does not matter in a particular nation™s rating score. This is very different from a comparative rating. An example of comparative rating is the percentile score”the way GRE results are at times given. If… Read More
Master Circular on Memorandum of Instructions governing money changing activities
RBI/2011-12/376 Master Circular No.13 /2011-12 (Updated as on January 31, 2012) To, All Authorised Persons in Foreign Exchange Madam / Sir, Master Circular on Memorandum of Instructions governing money changing activities This Master Circular consolidates the existing instructions on the subject of Memorandum of Instructions governing money changing activities at one place. The list of underlying circulars/… Read More
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