Business
The illegal capital outflows stem from tax evasion, crime, corruption and other illicit activity according to which a record $ 1.1 trillion flowed illicitly out of developing and emerging economies in 2013. In all, during this decade-long period of 2004-2014,…
The World Bank has approved a $ 1.5 billion loan on December 16, 2015 for the ambitious clean India campaign to support the government in its effort to ensure all citizens in rural areas have access to improved sanitation and…
As per RBI from January 1, 2016, such facility will only be available at identified bank branches and Issue Officers of the Reserve Bank. Earlier in June, 2015, The Reserve Bank had set the last date for public to exchange…
These services will include a big collection of music (Jio Beats); around 200 television channels with back-up (Jio Play) and movies (Jio on-demand). Jio Tv service will accept voice command to change channels and subscriber will not require remote control…
According to the Central Board of Direct taxes (CBDT) data, a total of 20.26 lakh assesses were reported as having a taxable income above Rs.10 lakh in the assessment year 2014-15.’ The Union government announced on December 28, 2015 that…
Petronet L.N.G, India’s biggest gas importer, signed a revised contract with RasGas of Qatar on December 31, 2015 to import gas at a significantly lower price to reflect falling global prices. The new contract will save downstream consumers in India…
The Union government has constituted a one-man committee on January 1, 2015 to examine the wage structure and service conditions of gramin dak sevaks in the Department of Posts which has 2.6 lakh gramin dak sevaks. Kamlesh Chandra, a Retired…
The government announced on January 1, 2015 that it will from April 1, 2016 roll out a LPG-like DBT scheme for kerosene where the users will buy the cooking fuel at market rate but will get financial support directly in…
National Bank for Agriculture and Rural Development (NABARD) signed a Memorandum of Understandings (MoU) with National Remote Sensing Centre (NRSC) on January 1, 2015 for web-based monitoring of watershed projects. Under the MoU, Hyderabad-based NRSC, will create a separate page…
BPCL Commissioned Crude Distillation Unit in Mumbai The new state-of-the-art Crude Distillation Unit (CDU) of Bharat Petroleum’s Mumbai Refinery was commissioned at the Mumbai Refinery on December 28, 2015. The unit with a capacity of 6.0 MMTPA at a cost…
Considering the potential price of commutation all of your valuables or maybe your entire house, obtaining home insurance is often a wise investment. whereas your house can be wherever you’re feeling most snug, there is still plenty of unpredictable stuff…