Daily Archives: February 16, 2016

Govt approves 10 proposals of FDI of Rs 607 Crore

By | February 16, 2016

Government Approves Ten (10) Proposals of Foreign Direct Investment (FDI) Amounting to Rs. 607 Crore Approximately; Recommends One Proposal for Approval of CCEA Involving FDI of Rs. 5856.51 Crore. Based on the recommendations of Foreign Investment Promotion Board in its 231st meeting held on 22nd January 2016, the Government has approved ten FDI proposals involving… Read More »

RBI releases Data on India’s International Trade in Services: December 2015

By | February 16, 2016

Source Reserve Bank of India Date : Feb 15, 2016 The Reserve Bank releases monthly data on India’s international trade in services with a lag of around 45 days. The value of exports and imports of services during the month of December 2015 are given in the following Table. Table: International Trade in Services (US$… Read More »

Non Tax Receipt Portal Launched by Govt for making online payment

By | February 16, 2016

Finance Minister Shri Arun Jaitley inaugurates the Non Tax Receipt Portal (NTRP); Portal provides a one-stop platform to citizens/corporates/other users for making online payment of Non-Tax Receipts to Government of India; At the launch today, NTPC remitted an Interim Dividend to Government, through NTRP, amounting to Rs. 989 Crore. The Union Finance Minister Shri Arun… Read More »

National Capital goods policy unveiled

By | February 16, 2016

National Capital goods policy unveiled Anant Geete says policy a gateway to endless opportunities for Capital goods; terms it as an initiative spearheaded by department of Heavy Industry The Government has unveiled the National Capital Goods Policy. Addressing a seminar on the subject of ‘Capital Goods and Engineering: Realising the Make in India Vision, in… Read More »

Trade Based Money Laundering major source through which illicit money is taken out of the country

By | February 16, 2016

Special Investigation Team (SIT) Asks DRI to Verify if $ 505 Billion Left the Country Between 2004–2013 ; Sit to take Further Necessary Action After Receipt of Report From DRI Special Investigation Team (SIT) has, in its various reports, observed that Trade Based Money Laundering is major source through which illicit money is taken out… Read More »

Central Geological Programming Board

By | February 16, 2016

Central Geological Programming Board BACKGROUND   The Central Geological Programming Board (CGPB) is the apex body at the national level to overview the programme of geoscientific activities including mineral exploration in the country. It was established through Government of India Resolution dt. 27th July, 1966, and subsequently revamped vide Ministry of Mines resolution no. F.… Read More »