Wednesday, August 22 2018

October 30, 2017

International investors pumped $3bn into Indian capital markets

Foreign investors infused 3 billion dollars in the Indian capital markets so far this month due to high nominal and real yields and stable macroeconomic conditions. Most of the funds have been infused in the debt markets.According to the latest depository data, FPIs invested a net sum of Rs. 2,806 crore in the stock markets and another Rs. 15,132 crore in debt, taking the total to Rs. 17,938 crore during October 3-27.This follows a net outflow of over Rs. 10,000

Read More >>.

October 29, 2017

BJP slammed Congress of encouraging separatism in J&K

BJP leader Arun Jaitley has slammed former union minister P Chidambaram for his remarks on autonomy for Jammu and Kashmir.Mr Jaitley said, position of Congress with regard to Azadi or greater autonomy for Jammu and Kashmir goes directly contrary to India’s national interest.He said that the Kashmir problem is the Congress’s legacy and instead of learning from its past mistakes it wants to precipitate a crisis for this country.

Read More >>.

October 28, 2017

PFMS will help monitor the flow of funds to beneficiaries

Mandatory use of Public Finance Management System, PFMS will help monitor the flow of funds to beneficiaries of different government welfare schemes.said union Finance Minister Arun Jaitley.He said, due to the monitoring of funds, one can know the actual status of utilisation of funds by the multiple implementing agencies of the central and state governments.Jaitley also talked about implementation of various schemes through Direct Benefit Transfer mechanism

Read More >>.

October 28, 2017

Prabhu strongly raised the issue of H-1B and L1 visas

Union Minister Suresh Prabhu strongly raised the issue of H-1B and L1 visas with the US.Mr Prabhu said the Indian side has explained to the United States that the issue is being raised not because Indians will find it difficult but US economy itself will find it difficult to cope with the reality. In the forum also attended by US Trade Representative Robert Lighthizer, Mr Prabhu said, the US has immensely benefited by IT professionals penetrating into the market by

Read More >>.

October 27, 2017

France and India for strengthen bilateral defence cooperation

New Delhi-India and France discussed a range of measures to expand military to military ties, including enhancing the scope of their joint exercises.Union Defence minister Nirmala Sitharaman and French Minister for the Armed Forces Florence Parly reiterated their strong intention to further expand bilateral cooperation on counter-terrorism.France and India will also actively explore additional measures to facilitate operational level interactions between their respective armed forces.

Read More >>.

October 27, 2017

SBI Foundation is selected for adoption of Jantar Mantar,Delhi

New Delhi-Seven shortlisted companies were given ‘Letters of Intent’ for fourteen monuments under ‘Adopt a Heritage Scheme’ of Ministry of Tourism. SBI Foundation shortlisted for the adoption of Jantar Mantar, Delhi.TK International Limited shortlisted for the adoption of Sun Temple, Konark,Raja Rani Temple, Bhubaneshwar, Ratnagiri Monuments, Jajpur, Odisha.Yatra Online Pvt. Limited shortlisted for the adoption of Hampi, Karnataka Leh Palace, Jammu & Kashmir, Qutub Minar, Delhi,Ajanta Caves, Maharashtra.Travel Corporation of India Ltd. shortlisted for the adoption of Mattancherry Palace Museum,

Read More >>.

October 24, 2017

Rs 2.11 lakh crores Capitalisation plan for public sector banks

New Delhi-Capitalisation plan of two lakh eleven thousand crore rupees for public sector banks has been approved by cabinet.Finance Minister Arun Jaitley at press conference said, the huge spending on infrastructure announced will give a fillip to private sector investment, direct benefit to MSMEs and employment generation.Mr Jaitley said, once the banks are strengthened, appetite for their stock will improve. He said, it was decided that a bold step needs to be taken by the government to recapitalise banks.

Read More >>.

October 24, 2017

President of Afghanistan calls on the President of India

New Delhi-His Excellency Mr Ashraf Ghani, the President of the Islamic Republic of Afghanistan, called on the President of India, Shri Ram Nath Kovind, at Rashtrapati Bhavan. Welcoming the Afghan President to India, the President expressed admiration for the astute leadership that he has provided to Afghanistan through difficult times. He also commended Mr Ghani for strengthening bilateral relations between India and Afghanistan. The President said that for India, Afghanistan is not just a strategic partner, but a nation that

Read More >>.

October 23, 2017

Modi government at the Centre imposed the Gabbar Singh Tax – Rahul

Gandhinagar: Congress VP Rahul Gandhi mocked the central government, saying GST is ‘Gabbar Singh Tax’ not Goods and Services Tax. He was addressing a rally in Gandhinagar.The Congress wanted to implement the Goods and Service Tax. But the PM Modi government at the Centre has imposed the Gabbar Singh Tax said Rahul.He also slammed theGujarat government and said, “Every section of Gujarat’s society is part of a movement, because since past 22 years govt was not of people but of

Read More >>.

October 23, 2017

India’s Space mission to Moon Chandrayaan – II in 2018

The Union Minister of State Atomic Energy and Space, Dr Jitendra Singh has said that India’s Space Mission to Moon, “Chandrayaan-II”, will take place in 2018, most likely in the first quarter of the year. Addressing the inaugural session of the 5-day Asian Conference on Remote Sensing , Dr Jitendra Singh said that India has today emerged as the world’s frontline nation in the field of Space Technology. This, he said, is in itself a glorious vindication of the dream

Read More >>.