Govt appoints Krishnamurthy Subramanian as new Chief Economic Advisor
Posted Date : 07-Dec-2018 , 11:02:32 pm | Posted By CASANSAAR
The government today appointed Dr Krishnamurthy Subramanian as the new Chief Economic Advisor.Dr Subramanian will have a tenure of three years.
The Appointments Committee of the Cabinet has cleared his name. He is currently working as an Associate Professor in Indian Schoo...
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Govt constitutes Lokpal search committee
Posted Date : 28-Sep-2018 , 08:20:02 am | Posted By CASANSAAR
The Government has set up an eight-member Lokpal Search Committee under the Chairmanship of former Supreme Court Judge, Justice Ranjana Prakash Desai.
Prasar Bharati Chairman A Surya Prakash, former SBI Chief Arundhati Bhattacharya and Justice Sukha Ram Singh Yadav among others will b...
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Wishing You a Very Happy Independence Day
Posted Date : 15-Aug-2018 , 09:52:52 am | Posted By CASANSAAR
Freedom Of Speech;
Independence To Grow;
Equality Of Everybody;
Liberty Of Mind And Thought;
And Tolerance Towards Others.
Let's Thanks All The Great Souls
Who Made This India Possible For Us.
Happy Independence Day!!!
&...
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Government eyes ways to block Facebook, WhatsApp
Posted Date : 07-Aug-2018 , 09:10:23 pm | Posted By CASANSAAR
The government has asked telecom operators and internet service providers to suggest ways to block social media apps such as Facebook and WhatsApp during emergencies, a move the industry says will be difficult to enforce and violate the fundamental right of speech and expression.
In an 18 July le...
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Tata Steel moves Supreme Court on Bhushan Power bids
Posted Date : 04-Aug-2018 , 07:38:11 am | Posted By CASANSAAR
Tata Steel Ltd on Friday moved the Supreme Court challenging the National Company Law Appellate Tribunal (NCLAT) order that allowed revision of bids for debt-laden Bhushan Power and Steel Ltd (BPSL).
A lawyer representing Tata Steel informed the court that the company has sought urgent hearing on...
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Govt permits e-commerce shipment via Foreign Post Offices
Posted Date : 03-Aug-2018 , 10:27:59 pm | Posted By CASANSAAR
The Customs Department plans to permit e-commerce shipment via foreign post offices. Exports by Post Regulations, 2018, prescribing the Postal Bill of Export-I for E-commerce shipments and Postal Bill of Export-II for non-E-commerce shipments, have been issued. Further, Circular ...
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Parliament passes bill for quick prosecution in cheque bounce
Posted Date : 27-Jul-2018 , 09:32:10 pm | Posted By CASANSAAR
Parliament today passed a bill aiming at allowing a court to try offences related to cheque bounce expeditiously and direct the drawee to pay a minimum of 20 per cent of the cheque amount as interim compensation.
The Negotiable Instruments (Amendment) Bill, 2018, which was passed in the Lok Sabha...
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NCLAT Upholds Rs 6,300-Crore CCI Fine On Cement Companies
Posted Date : 26-Jul-2018 , 09:43:32 am | Posted By CASANSAAR
In a major setback for cement manufacturers, the National Company Law Appellate Tribunal (NCLAT) on Wednesday upheld the hefty penalty of about Rs 6,300 crore imposed on 11 leading cement companies by the Competition Commission of India (CCI) through its order in 2012 and 2016 for price cartelisatio...
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Govt decides to withdraw contentious FRDI Bill
Posted Date : 19-Jul-2018 , 07:59:25 am | Posted By CASANSAAR
The National Democratic Alliance (NDA) government has decided to withdraw the contentious Financial Resolution and Deposit Insurance Bill 2017, or FRDI Bill, and is awaiting the cabinet’s nod to move Parliament for this as the government looks to avoid controversial legislation ahead of the 20...
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Rajya Sabha passes the State Banks Repeal & Amendment Bill, 2017
Posted Date : 18-Jul-2018 , 10:44:32 pm | Posted By CASANSAAR
The Rajya Sabha has passed the State Banks (Repeal and Amendment) Bill,2017 . The House adopted the amendment moved by the government regarding the bill. The Bill seeks to repeal the State Bank of India (Subsidiary Banks) Act, 1959, the State Bank of Hyderabad Act, 1956 and further to amend th...
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Bhushan Steel appoints T V Narendran as Chairman
Posted Date : 15-Jul-2018 , 06:51:18 pm | Posted By CASANSAAR
Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.
Narendran, CEO and MD of Tata Steel, has more than 30 years of exper...
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International Yoga Day being celebrated world over today
Posted Date : 21-Jun-2018 , 10:18:25 am | Posted By CASANSAAR
The 4th International Yoga Day is being celebrated across the globe today. In India Prime Minister Narendra Modi led thousands of people in performing yoga asanas, in the main event organised at Forest Research Institute in Dehradun, Uttarakhand. He called upon people to make Yoga a movement and a p...
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SBI Research report estimates additional gain of Rs 37,426 crore in revenue in current fiscal
Posted Date : 16-Jun-2018 , 11:56:46 am | Posted By CASANSAAR
A SBI Research report estimates an additional gain of 37,426 crore rupees in revenue in the current fiscal due to surge in oil prices and better tax collection due to Goods and Services Tax - GST.
According to the report, 16 out of 24 states have seen their revenues rising, with the aggrega...
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Govt notifies 8.55% interest on PF for 2017-18
Posted Date : 30-May-2018 , 03:02:07 pm | Posted By CASANSAAR
Employees’ Provident Fund Organisation (EPFO) has asked its field offices to credit 8(point)55 per cent rate of interest for 2017-18 into the Provident Fund accounts of around 5 crore subscribers.
According to an order issued by the EPFO, the Labour Ministry has conveyed approval to c...
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Petrol prices hiked by 17 paise a litre, Diesel by 21 paise per ltr
Posted Date : 15-May-2018 , 10:10:48 am | Posted By CASANSAAR
Petrol and diesel prices have been increased. Cost of petrol has been raised by 17 paise a litre and diesel by 21 paise per litre in Delhi . Fuel prices were last hiked 19 days ago.
With this, diesel prices touched an all-time high of 66 rupees 14 paise in the national capital. Petrol price...
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Court issues fresh order to attach Mallya's properties in PMLA case
Posted Date : 09-May-2018 , 03:22:35 pm | Posted By CASANSAAR
A Delhi court today issued fresh directions to attach the properties of businessman Vijay Mallya, who was declared a proclaimed offender for evading summons in a money laundering case related to FERA violations.
Chief Metropolitan Magistrate Deepak Sherawat issued the order after advocate N K Mat...
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Monthly payroll reporting for formal sector introduced for regular assessment of employment in sector
Posted Date : 27-Apr-2018 , 12:28:55 pm | Posted By CASANSAAR
India has introduced monthly payroll reporting for the formal sector to facilitate analysis of new and continuing employment. It will put an end to all speculations and conjectures regarding job creation in the economy.
The payroll data from Employees’ Provident Fund Organisation (EPF...
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Diesel price hits all-time high, petrol prices highest in 4 years
Posted Date : 02-Apr-2018 , 09:22:04 am | Posted By CASANSAAR
Petrol price today hit a four-year high of 73 rupees 73 paise a litre, while diesel rates touched an all-time high of 64 rupees 58 paise in the national capital.
State-owned oil firms, which have been since June last year revising auto fuel prices daily, today raised petrol and diesel rates...
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Parliament passes Payment of Gratuity Bill
Posted Date : 22-Mar-2018 , 07:30:33 am | Posted By CASANSAAR
Parliament gave its seal of approval to the Payment of Gratuity (Amendment) Bill, 2018 with the Rajya Sabha adopting it today. The bill was passed by voice vote during Zero Hour without discussion. The Lok Sabha had already passed the bill last week.
Moving the Bill, Labour Minister Santosh Kumar...
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Delhi HC issues notice to Raja, Kanimozhi on ED, CBI appeal in 2G scam case
Posted Date : 21-Mar-2018 , 02:06:59 am | Posted By CASANSAAR
The Delhi High Court today issued a notice to former Telecom Minister A Raja, DMK MP Kanimozhi and others on the Enforcement Directorate, ED's plea challenging their acquittal in a money laundering case arising out of the 2G spectrum allocation scam.
Justice SP Garg issued another notice to t...
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Foreign lawyers, firms cannot practice law in India - Supreme Court
Posted Date : 13-Mar-2018 , 08:50:51 pm | Posted By CASANSAAR
Foreign lawyers cannot carry out any litigation or non-litigation work in India on a permanent basis, the Supreme Court held in a ruling, which also gives the Bar Council of India (BCI) regulatory control over overseas legal professionals even if they are in the country on temporary assignments.&nbs...
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SC indefinitely extends March 31 deadline for mandatory Aadhaar linking
Posted Date : 13-Mar-2018 , 06:24:17 am | Posted By CASANSAAR
The Supreme Court has ruled that for now, citizens do not have to link their Aadhaar numbers to a range of services including bank accounts and mobile phones. The top court said that a biometric ID is mandatory for accessing social welfare schemes and subsidies, but till it decides on whether the go...
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Cabinet approves the Arbitration and Conciliation (Amendment) Bill, 2018
Posted Date : 08-Mar-2018 , 08:40:48 am | Posted By CASANSAAR
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. It is a part of the efforts of the Government to encourage institutional arbitration for settlement of disputes and make India a cen...
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First sale of Electoral Bonds to commence from 1st March
Posted Date : 26-Feb-2018 , 01:17:43 am | Posted By CASANSAAR
The first sale of Electoral Bonds will commence from the 1st of next month for a period of ten days.
The Ministry of Finance said, State Bank of India has been authorized to issue and encash Electoral Bonds initially at its four authorised branches.
Electoral Bond will be valid for...
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EPFO declares 8.55% interest rate for FY18, lower than 8.65% for FY17
Posted Date : 22-Feb-2018 , 10:30:59 am | Posted By CASANSAAR
Retirement fund body EPFO today lowered the rate of interest on employees provident fund to 8.55% for its over 6-crore subscribers for 2017-18, from 8.65% in the previous fiscal.
"It is difficult to evaluate about future in view of present economic scenario. We paid 8.65% last fiscal, which ...
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Cabinet approves New Bill to ban Unregulated Deposit Schemes and Chit Funds (Amendment) Bill, 2018
Posted Date : 21-Feb-2018 , 08:40:46 am | Posted By CASANSAAR
In a major policy initiative to protect the savings of the investors, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to introduce the following bills in the Parliament:-
(a) Banning of Unregulated Deposit Schemes Bill, 2018 in parliament &
(...
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Government of India makes Amendments in Small Savings Act
Posted Date : 14-Feb-2018 , 09:13:35 am | Posted By CASANSAAR
The Government gives highest priority to the interest of small savers, especially savings for the benefit of girl child, the senior citizens and the regular savers who form the backbone of our country’s savings architecture. In order to remove existing ambiguities due to multiple Acts and rule...
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Competition Commission slaps Rs 136 crore penalty on Google
Posted Date : 09-Feb-2018 , 09:22:24 am | Posted By CASANSAAR
The Competition Commission on Wednesday imposed a fine of Rs 136 crore on internet giant Google for unfair business practices in the Indian market for online search.
After a detailed probe on the complaints filed in 2012, the regulator through a majority order said the penalty is being imposed on...
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UIDAI permits face recognition for Aadhaar authentication
Posted Date : 16-Jan-2018 , 08:33:03 am | Posted By CASANSAAR
Aadhaar will include face recognition alongside iris or fingerprint scan as a means of verifying users, helping those who face issues in biometric authentication or have worn-out fingerprints, the authority in charge of the national identity card system said today.
The face authentication will be...
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Nation celebrates 155th birth anniversary of Swami Vivekananda
Posted Date : 12-Jan-2018 , 09:31:25 am | Posted By CASANSAAR
Nation is celebrating the 155th birth anniversary of Swami Vivekananda today.
One of the greatest spiritual leaders of India Swami Vivekananda had introduced Indian philosophies of Vedanta and yoga to the western world.
He became popular in the western world after his famous speech...
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