Tuesday, August 21 2018

April 22, 2018

Reserve Bank of India revised KYC norms

Mumbai- KYC norms have been revised by RBI following the decision of Govt to update the PML rules in June last year.Reserve Bank of India made linking of national biometric ID Aadhaar to bank accounts mandatory. However, it said this will be subject to the final decision of the SC on making of Aadhaar mandatory.Till now, an Officially Valid Document for address proof together with Permanent Account Number issued by the Income Tax department and a recent passport size photograph

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April 21, 2018

Death penalty to those convicted of raping children up to 12 years

New Delhi-An ordinance to allow courts to award death penalty to those convicted of raping children up to 12 years of age has been approved by Union Cabinet.This move comes against the backdrop of the alleged rape and murder of girls in Jammu and Kashmir’s Kathua and Unnao district.Official sources said that the criminal law amendment ordinance seeks to amend the Indian Penal Code (IPC), the Evidence Act, the Code of Criminal Procedure (CrPC) and the Protection of Children from

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April 21, 2018

CHOGM adopts forward looking Connectivity Agenda for Trade and Investment

London:In response to the risks to growth presented by rising protectionism, leaders at the Commonwealth Heads of Government Meeting expressed their strong support for the multilateral trading system and adopted a six-point connectivity agenda to boost trade and investment links across the Commonwealth.Leaders committed themselves to the vision of increasing intra-Commonwealth trade to USD2 Trillion by 2030, and expanding intra-Commonwealth investment. This is to be achieved through the Commonwealth Connectivity Agenda for Trade and Investment. The Commonwealth Connectivity Agenda will

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April 21, 2018

Commonwealth takes strong stance against cybercrime with landmark declaration

London:Commonwealth countries have unanimously committed to take action on cybersecurity between now and 2020, following a landmark declaration. In a major announcement at the Commonwealth Heads of Government Meeting, the 53 leaders agreed to work closely together to evaluate and strengthen their cybersecurity frameworks and response mechanisms.The declaration is the world’s largest and most geographically diverse inter-governmental commitment on cybersecurity cooperation. It followed an announcement by the UK government to pledge up to £15 million to help Commonwealth countries strengthen

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April 20, 2018

Indian External Affairs Minister visiting to Mongolia after 42 years ago

New Delhi-External Affairs Minister Sushma Swaraj will visit Mongolia from 25-26 April 2018 at the invitation of H.E. Mr. Damdin Tsogtbaatar, Minister of Foreign Affairs of Mongolia. This will be EAMs first visit to Mongolia. The last visit of Indian External Affairs Minister to Mongolia was 42 years ago. During her visit, EAM will co-chair the 6th round of India-Mongolia Joint Consultative Committee (IMJCC) meeting with Foreign Minister Tsogtbaatar, covering a range of issues including, inter alia, political, strategic, economic,

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April 20, 2018

India-US relationship are doing extremely well – Arvind Subramanian

Washington-US-India ties have been extremely well on the strategic and defence fronts said Chief Economic Adviser, Arvind Subramanian.He was speaking in Washington at the launch of Washington-chapter of CUTS International, an Indian think tank.He is currently in Washington to attend the annual Spring Meeting of the International Monetary Fund and the World Bank said there are some aspects of the India-US relationship which are doing extremely well, especially on the strategic side and the defence side.Chief Economic Adviser said that

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April 20, 2018

Madhya Pradesh conferred Most Film Friendly Award

Madhya Pradesh was conferred the award for the Most Film Friendly State for its efforts towards easing filming in the State by creating a well structured web site, film friendly infrastructure, offering incentives, maintaining databases, undertaking marketing and promotional initiatives, unanimously by the Jury from among the 16 States that participated. The Most Film Friendly State Award was announced by the Chairman of the Jury, Ramesh Sippy. The Most Film Friendly State Awards would be presented by President of India

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April 17, 2018

PM addresses Indian Community in Stockholm

The Prime Minister, Narendra Modi, addressed the Indian Community in Stockholm. He thanked the Government of Sweden, in particular His Majesty the King of Sweden; and the Prime Minister of Sweden, Mr. Stefan Lofven who was present at the event, for the warm welcome he received in Sweden.He said that India is going through a great transformation today. He said that the current Union Government had been elected on the mandate of Sabka Saath, Sabka Vikas. He said the Government

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April 17, 2018

Indian Govt files new pleadings at ICJ in Kulbhushan Jadhav case

New Delhi-Indian Govt filed the second round of written pleadings in the ICJ the Hague,Netherlands in the Kulbhusan Jadhav case. Ministry of External Affairs of India said, it remains committed to making all possible efforts to secure and protects the rights of Kulbhusan Jadhav.International Court of Justice had on 18th May last year indicated provisional measures as requested by India and passed an order obligating Pakistan to not carry out the sentence that was awarded Mr Jadhav through a farcical

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April 17, 2018

RBI have taken all steps to meet unusual demand of the currency

New Delhi-There are reports of cash shortages and some ATMS running dry of cash or becoming nonfunctional in some parts of the country.There has been unusual spurt in currency demand in the country in last three months. n the current month, in the first 13 days itself, the currency supply increased by Rs.45000 crores. This unusual spurt in demand is seen more in some parts of the country like Andhra Pradesh, Telangana, Karnataka, MP and Bihar. The Government of India

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