Others News

CBEC seeks more staff to meet growing workload

29 November 2011 at 10:19

The Central Board of Excise and Customs (CBEC) has asked the government for 25,000 more employees, equivalent to 40% of its current staffing level, to meet the growing workload. The finance ministry unit helps formulate policy on the levy an

Posted in Others | 3540 Views

FDI in Retail Sector to create 10 million jobs: Anand Sharma

28 November 2011 at 12:58

The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing

Posted in Others | 1 comments | 4113 Views

PM got past a split cabinet to push retail FDI

26 November 2011 at 12:55

It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated &m

Posted in Others | 2 comments | 4452 Views

Deregulation of Savings Bank Deposit Interest Rate

26 November 2011 at 10:22

RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No

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FDI for multi-brand retailing gets past cabinet

25 November 2011 at 12:01

You will soon be able to walk into a mega deep discount store run by global retailers such as Walmart, Tesco and Carrefour in your neighbourhood. Brushing aside political resistance from allies Trinamool Congress and DMK as well as some Congre

Posted in Others | 3 comments | 4248 Views

RBI gives nod to Air India plan, asks banks to meet on Monday

25 November 2011 at 12:01

The Reserve Bank of India (RBI) has approved state-owned Air India Ltd’s financial restructuring plan with conditions and asked a group of creditors led by State Bank of India (SBI) to take the process forward. RBI has written to SBI and o

Posted in Others | 1 comments | 3306 Views

ICSI - Online change of Address by the Members

25 November 2011 at 11:22

Sub : Online change of Address Dear Member, This has a reference to the ongoing initiative of the Institute for automation. In this regard, the facility for online change of address of the Members has also been added to the list of services alr

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The New Tata Boss

24 November 2011 at 12:17

Cyrus Mistry is 43 years old, younger than what Ratan Tata was when he took over at the helm of the Tata group in 1991. His appointment will be part of a larger generational shift in the Tata group, after leadership changes in many of the operati

Posted in Others | 1 comments | 7029 Views

RBI hikes Interest Rates on NRE and FCNR(B) Deposits

24 November 2011 at 11:35

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits In view of the prevailing market conditions, it has been decided that until further notice and with effect from close of business in India as on November 23, 2011, the interest rates o

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ICSI-Suggestions invited for Pre-Budget Memorandum - 2012

24 November 2011 at 11:30

ICSI has planned to submit a Pre-Budget Memorandum 2012 to the Government preferably by 5th December 2011. For this, we request you to kindly give your valuable suggestions relating to: Direct Taxes Central Excise Law and Rules Customs Laws

Posted in Others | 3099 Views