Community & General News
Modifications in the Gold Monetisation Scheme
27 January 2016 at 11:14Government had launched the Gold Monetisation Scheme (GMS) on 5th November, 2015. Thereafter a number of suggestions have been received to make the scheme easier for the customers to participate. Accordingly, in consultation with Government, RBI has
Indian economy emerges as one of the fastest growing economies of the world
08 January 2016 at 10:16FM: Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15; Economy is firmly on the path of economic revival The Union Finance Minister Shri Arun Jaitley said that I
Issue of free books to the flood affected victims in Tamil Nadu
22 December 2015 at 16:11The Council of the Institute of Chartered Accountants of India (ICAI) expresses its profound grief to the families of the people affected by the recent floods in Tamil Nadu.The Institute offers assistance by providing Study Materials, free of cost, t
Cabinet approves Real Estate Bill, 2015
10 December 2015 at 11:03The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing b
RBI keeps repo rate unchanged at 6.75%
02 December 2015 at 10:54Fifth Bi-monthly Monetary Policy Statement, 2015-16By Dr. Raghuram G. Rajan, GovernorMonetary and Liquidity MeasuresOn the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate
Economy is expected to grow in the vicinity of 7.5%
01 December 2015 at 12:23The Central Statistics Office (CSO) released estimates of GDP and related parameters for Second Quarter of 2015-16 today. The Finance Ministry analysed the data and made its observation that the GDP growth rate in the second quarter of the current Fi
Overwhelming response to Gold bond scheme
28 November 2015 at 12:57Overwhelming response received from the retail investors for Sovereign Gold Bond Scheme (SGB) ; 63,000 applications received for a total of Rs 246.20 crore by the Banks and Post Offices for 917 kgs of gold; Number of decisions taken to improve the re
Implementation of the provisions of the ICDS
27 November 2015 at 11:54Stake Holders and General Public requested to bring-out Issues/Points by 15th December, 2015 which in their opinion require further Clarification/Guidance for proper Implementation of the Provisions of the Income Computation and Disclosure Standards
Highlights of Recommendations of Seventh Central Pay Commission
20 November 2015 at 15:28Recommended Date of implementation: 01.01.2016Minimum Pay: Based on the Aykroyd formula, the minimum pay in government is recommended to be set at ₹18,000 per month.Maximum Pay: ₹2,25,000 per month for Apex Scale and ₹2,50,000 per month for Cabinet S
PM to Launch Gold Related Schemes on 5th November, 2015
04 November 2015 at 10:29The Prime Minister Shri Narendra Modi will launch the four mega Gold related Schemes i.e. Gold Monetisation Scheme (GMS), Gold Sovereign Bond Scheme, Gold Coin Scheme and the Gold Bullion Scheme on Thursday, 5th November, 2015 in the national capital
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