Tuesday, August 21 2018

April 4, 2018

8,625 Startups recognised in India as on 30 March, 2018

New Delhi-As per the data available with Startup India, a total of 8,625 Start-ups have been recognised as on 30 March, 2018. 2711 start-ups where incorporated in 2017-18. This information was given by Minister of State of Commerce & Industry, C. R Chaudhary in a written reply in the Rajya Sabha. The Minister said that Department of Industrial Policy and Promotion has issued detailed norms to assess the performance of States in promoting Startups on 6th February this year. He

Read More >>.

April 4, 2018

Notice to Deepak Kochhar in Videocon Rs 3,250 crore loan case

The notice has been issued Deepak Kochhar, husband of ICICI bank MD and CEO Chanda kochhar has been issued by IT Dept , in connection with its tax evasion probe in the Videocon bank loan case.IT Dept asked him to furnish details of his personal finances, Income Tax Returns for the last few years and business transactions with the firm apart from other financial details of the company. The department has also sent a detailed questionnaire, seeking details of the

Read More >>.

April 3, 2018

Indian Institute of Science, Bengaluru declared as best institution in India

Bengaluru – Union HRD Minister Prakash Javadekar Releases NIRF India Rankings 2018 for Higher Education Institutions.The Indian Institute of Science (IISC) in Bengaluru was adjudged the overall best institution in the country. Indian Institute of Technology, Madras has been adjudged the best engineering college and the Indian Institute of Management-Ahmedabad the best management institution. Delhi University’s Miranda House was the best college and National Law School of India University Bengaluru the best law school in the country. AIIMS New Delhi,

Read More >>.

April 3, 2018

India Launches Digital Initiative for Ease of Export

New Delhi-Union Commerce and Industry and Civil Aviation Minister, Suresh Prabhu launched digital initiatives by Export Inspection Council (EIC) for ease of export at New Delhi.Speaking on this occasion the Minister said that India’s potential for agricultural and food export will get a great boost due to these digital initiatives.EIC is the official export certification body of Governmentof India and has launched this flagship project of Digital India Initiative to keep pace with changing dynamics of the world.In order to

Read More >>.

April 3, 2018

India can play heavy role in Indo Pacific region: Trump administration

India has the capability and potential to play a more weighty role in the Indo-Pacific region said Trump administration.US Deputy Assistant Secretary of State for East Asian and Pacific Affairs, Alex Wong said it is in the US’ interest as well as of the entire region that India plays an increasingly weighty role in the region.He said that India role is on all fronts, whether it is security, economic or diplomatic.

Read More >>.

April 3, 2018

President of India presents Padma award to 43 people

New Delhi-President Ramnath Kovind conferred prestigious Padma awards to the second batch of 43 awardees who’ve made extraordinary contribution in their fields in the service of society. at an investiture ceremony at the Rashtrapathi Bhawan. This was the second batch of the Padma awardees who received their honours at the Rashtrapati Bhawan’s Darbar Hall.Prominent recipients of the Padma Bhushan included Lakshman Pai for art, Pankaj Advani and Mahendra Singh Dhoni for Sports and Sharda Sinha for music.Those who were part

Read More >>.

April 2, 2018

Mortal Remains of 38 Indians reached Amritsar from Bagdad

Minister of State for External Affairs, General V K Singh brought back in a special plane the mortal remains of 38 of the 39 Indians, killed by the Islamic State terrorists in Iraq.He said, the government made all out efforts to bring them back alive but ISIS terrorists killed these Indians.Indian minister also thanked the Iraqi authorities for their co-operation in identifying and handing over the bodies to India. He said, government was not aware of their whereabouts of these

Read More >>.

April 2, 2018

Zero tolerance for even minor errors on H1B visa applications

People on social media platforms indicates that immigration attorneys this time expect a much high rate of rejection of H1B visa applications.As per indications there will be zero tolerance for even minor errors.The process of filing petitions for H1B, visa among highly-skilled Indian professionals, begins on Monday amidst unprecedented scrutiny by the US Administration.The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

Read More >>.

April 1, 2018

E-Way Bill system come into effect across India

New Delhi- e-way Bill System has come comes into force across India. Now business houses and transporters have to produce before a GST inspector e-way bill for moving goods worth over Rs 50,000 from one state to another.E-way Bill is touted as an anti-evasion measure that would help boost tax collections by clamping down on trade that currently happens on cash basis.

Read More >>.

April 1, 2018

India become second largest producer of mobile phones

New Delhi-India replaced Vietnam and now become the second-largest mobile phone producer in the world after China. Indian Cellular Association said that annual production of mobile phones in India increased from 3 million units in 2014 to 11 million units in 2017. With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18.Minister Ravi Shankar Prasad.Pankaj Mohindroo,ICA National President said that we are happy to inform you that with

Read More >>.