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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : General

Gratuity Pay under New Pension System
Posted Date : 04-May-2013 , 07:31:10 am | Posted By CASANSAAR

Death-cum-Retirement Gratuity is paid to Central Government employees under New  PensionSystem (NPS) as it is paid under the old pension scheme. The monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after reti...

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Earthquake felt in parts of Delhi, Punjab & other parts of North India.
Posted Date : 01-May-2013 , 01:02:54 pm | Posted By CASANSAAR

Tremors were felt in parts of North India as a mild earthquake hit Jammu and Kashmir. The epicentre of the earthquake, measuring 5.8 on the Richter scale, was the border of Jammu and Kashmir and Himachal Pradesh.   Tremors were felt in parts of North India including New Delhi and Punjab. Peop...

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Petrol prices slashed by Rs 3 per litre, effective midnight
Posted Date : 30-Apr-2013 , 07:54:32 pm | Posted By CASANSAAR

Oil companies on Tuesday reduced the price of petrol by Rs. 3 per litre effective midnight, without taxes, after international prices cooled. Oil firms review the price of petrol every two weeks. While petrol price has been deregulated since June 2010 and the price is market determined, t...

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Category : General | Comments : 0 | Hits : 894

Government announces multi-agency probe into money-pooling frauds
Posted Date : 27-Apr-2013 , 02:24:36 pm | Posted By CASANSAAR

In a multi-agency crackdown against alleged duping of public investors through Ponzi schemes, the governmenttoday said the entities suspected to be engaged in such activities are being probed by Sebi, RBI and the Corporate Affairs Ministry, among others. Besides, the Income ...

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No property tax on mobile towers: HC
Posted Date : 26-Apr-2013 , 03:13:08 pm | Posted By CASANSAAR

In a set back for the state government, Gujarat high court on Thursday ruled that it cannot levy property tax on mobile towers and struck down the amendment made in the local laws.  Granting petitions filed by telecom companies, the HC quashed section 145 of Guja...

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How do children below 18 have Facebook accounts: High Court asks govt to explain
Posted Date : 26-Apr-2013 , 09:07:27 am | Posted By CASANSAAR

The Delhi High Court has asked the Centre to respond to a petition that asks how children less than 18 years of age are allowed to open an account on social networking sites including Facebook, even though Indian laws do not permit it.   Facebook allows 13-year-olds to open accounts. ...

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Category : General | Comments : 1 | Hits : 1732

Advance booking period for train tickets reduced to 60 days
Posted Date : 25-Apr-2013 , 09:19:36 pm | Posted By CASANSAAR

Railways has reduced advance booking period from four months to two months from May 1 as part of its efforts to prevent touts from cornering bulk of tickets.   The advance reservation period (ARP) for booking reserved train tickets will be reduced from existing 120 days to 60 days (excluding ...

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Category : General | Comments : 0 | Hits : 975

Chit fund letter-Bomb names Nalini Chidambaram, Wife of P.Chidambaram
Posted Date : 25-Apr-2013 , 08:52:09 pm | Posted By CASANSAAR

Before he was arrested from a hotel in Kashmir, Sudipta Sen, head of the Saradha Group, sent a letter to the CBI in which he listed 22 people who he accuses of blackmailing or "using" him to make money.     Among them are senior leaders of the ruling party in Bengal, the Trinamo...

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Category : General | Comments : 0 | Hits : 957

Partial lunar eclipse tonight, visible from all parts of India
Posted Date : 25-Apr-2013 , 07:21:14 pm | Posted By CASANSAAR

The eclipse will occur on the intervening night of April 25-26-beginning at 11:31 pm and ending at 3:43 am and would be visible from all parts of India.   Sky gazers can look forward to a partial lunar eclipse that will take place Thursday and will be first of the three eclipses of 2013, offi...

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Category : General | Comments : 0 | Hits : 801

Saradha chit fund scam: Government to probe group companies
Posted Date : 25-Apr-2013 , 03:37:58 pm | Posted By CASANSAAR

Amidst growing protests outside a Kolkata court against an alleged chit fund scam, the Corporate Affairs Ministry on Thursday decided to conduct a probe into Saradha group companies. The Chairman of the Saradha Group Sudipta Sen, was produced before a Kolkata court in the wake of...

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Category : General | Comments : 0 | Hits : 675

Chit fund scam: WB govt freezes 35 bank accounts of Saradha group
Posted Date : 25-Apr-2013 , 08:35:46 am | Posted By CASANSAAR

The West Bengal government has cracked down on the Saradha group in the chit fund scam. The Mamata Banerjee government has frozen about 35 bank accounts belonging to the Saradha group, while 36 cars belonging to Saradha Chairman Sudipta Sen and his company have been seized.   Four office buil...

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Category : General | Comments : 0 | Hits : 816

Chris Gayle scores fastest century in cricket history during IPL game
Posted Date : 23-Apr-2013 , 06:38:38 pm | Posted By CASANSAAR

Chris Gayle has set a new record for the fastest century in the history of professional cricket with an astonishing ton off just 30 balls for the Royal Challengers Bangalore in the Indian Premier League, then went on to make the highest score ever seen in Twenty20, ending unbeaten with 175 off ...

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Saket Modi, The 22 Yr Old Who Saves RBI From Deadly Hackers
Posted Date : 23-Apr-2013 , 08:38:36 am | Posted By CASANSAAR

This story of a 22 year old who fabricated his skills and talents for the goodwill of Indian government is truly an inspiring one. So, what is the ‘so’ inspiring part? Well, it’s quite not that common where you get to see a young lad (that too a 22 year old) become the ‘India...

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Category : General | Comments : 0 | Hits : 1600

RIP Shakuntala Devi: Math genius who once had to drop out of school because her parents couldn't afford fee of Rs 2
Posted Date : 21-Apr-2013 , 08:35:21 pm | Posted By CASANSAAR

World-renowned mathematical wizard and astrologer, aptly known as the Human Computer born in Namma Bengaluru, Shakuntala Devi passed away in a private hospital in the city on Sunday.   She was admitted to the hospital two weeks ago due to respiratory and heart related problems. She died of ca...

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Category : General | Comments : 0 | Hits : 1101

Clubbing allowances with basic pay for PF deduction on cards
Posted Date : 19-Apr-2013 , 06:32:28 pm | Posted By CASANSAAR

Decks have been cleared for clubbing of allowances with basic pay for PF deductions under the EPFO scheme, a move that will increase savings but reduce take-home pay of over 5 crore subscribers. A review committee, constituted to look into the nitty- gritty of club...

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Category : General | Comments : 0 | Hits : 884

Microsoft most attractive employer in India: survey
Posted Date : 19-Apr-2013 , 04:15:15 pm | Posted By CASANSAAR

IT and software major Microsoft has emerged as India's most attractive employer for the third straight year in 2013, according to a survey by HR service firm Randstad.   The company was followed by Hewlett Packard and Google India in the second and third positions, respectively.   Othe...

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Govt hikes DA to 80%; to benefit 80 lakh employees, pensioners
Posted Date : 18-Apr-2013 , 10:13:13 pm | Posted By CASANSAAR

Union Cabinet today approved the proposal to increase dearness allowance (DA) to 80 per cent, from existing 72 per cent, benefiting about 50 lakh employees and 30 lakh pensioners of the central government. The hike would be effective from January 1, 2013 and the employees and pensioners wi...

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Category : General | Comments : 0 | Hits : 794

Apply online for PF transfer, withdrawals from July 1: EPFO
Posted Date : 18-Apr-2013 , 06:09:51 pm | Posted By CASANSAAR

Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims.   “We have decided to set up a central clearance house which will be operational on Jul...

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Government drafting law on direct selling businesses to protect consumers
Posted Date : 17-Apr-2013 , 10:01:18 pm | Posted By CASANSAAR

The Centre today said it is drafting a policy on the direct-selling industry to address the concerns of consumers and strengthen the credibility of the sector that is providing huge employment opportunity. The industry sells various consumer products directly to customers rather than via retail...

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NRI devotee Ramalinga Raju from US donates Rs 16 crore to Balaji temple
Posted Date : 16-Apr-2013 , 07:02:37 pm | Posted By CASANSAAR

In a princely offering, an NRI devotee from US today donated Rs 16 crore to the famous hill shrine of Lord Venkateswara at nearby Tirumala. M Ramalinga Raju, an entrepreneur based in the United States, handed over the offering in the form of a demand draf...

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Category : General | Comments : 0 | Hits : 872

Earthquake at Iran-Pakistan border, tremors felt in Delhi and parts of northern India
Posted Date : 16-Apr-2013 , 04:43:58 pm | Posted By CASANSAAR

Tremors were reported in Delhi, Gurgaon and other parts of northern India this afternoon after an earthquake of 7.8 magnitude struck the Iran-Pakistan border region.Mild tremors were reported in Chandigarh, where people said furniture shook for about half a minute.    Tremors were also r...

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Category : General | Comments : 0 | Hits : 941

Gold price crashes to over 15-mnth low; tumbles to Rs 27,600
Posted Date : 15-Apr-2013 , 08:18:27 pm | Posted By CASANSAAR

Gold prices Monday tumbled by Rs 750 to Rs 27,600 per 10 grams to hit an over 15-month low in the national capital due to persistent selling by stockists triggered by a heavy sell-off in global markets. The precious metal, which had suffered the most ever in the previous session by losing Rs 1,250,...

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Category : General | Comments : 0 | Hits : 884

Petrol price cut by Re 1 per litre, effective midnight
Posted Date : 15-Apr-2013 , 06:47:43 pm | Posted By CASANSAAR

State-owned oil marketing companies today cut the price of petrol by Rs. 1 per litre, without taxes, effective midnight tonight, while the price of diesel was left unchanged, Indian Oil said in a release. Oil firms review the price of petrol every two weeks. While petrol is deregulated an...

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Category : General | Comments : 0 | Hits : 698

Now, file RTI applications and pay fees online
Posted Date : 12-Apr-2013 , 07:58:31 pm | Posted By CASANSAAR

In a step towards greater transparency, the government has started a unique facility of submitting RTI applications and fees online.   The portal -- www.rtionline.gov.in -- has been created with an aim to help people exercise their right to seek information through online medium, sa...

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Category : General | Comments : 0 | Hits : 1657

Former DIG, his CA get five years' jail term in bribery case
Posted Date : 11-Apr-2013 , 09:06:18 am | Posted By CASANSAAR

A former Deputy Inspector General of Police was on Wednesday sentenced to five years' imprisonment by the special Anti-Corruption Bureau (ACB) court here for taking bribe from a junior officer for protecting him in a departmental inquiry.  "The special court has convicted A K Jain, the then DI...

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Category : General | Comments : 0 | Hits : 1421

Three independent Directors quit Sahara boards
Posted Date : 08-Apr-2013 , 05:29:31 pm | Posted By CASANSAAR

Amid a fierce regulatory battle with capital markets watchdog Sebi, diversified conglomerate Sahara group has seen three independent members exiting from the boards of its various companies. Those having relinquished their association with Sahara group include RBI's former Deputy Governor Amitabha ...

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Infosys' S Gopalakrishnan is the new CII President
Posted Date : 06-Apr-2013 , 12:33:16 pm | Posted By CASANSAAR

S. Gopalakrishnan (Kris), co-founder and executive co-chairman, Infosys Technologies Limited, has been elected as the President of CII for the year 2013-14. He succeeds Mr Adi Godrej as the new President. S. Gopalakrishnan along with Mr N.R. Narayana Murthy&nb...

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Category : General | Comments : 0 | Hits : 686

Competition Commission of India - Amendments to the Combination Regulations
Posted Date : 05-Apr-2013 , 09:20:05 pm | Posted By CASANSAAR

The Competition Commission of India (CCI) has amended the Combination Regulations with a view to further simplify the filing requirements and bring about greater certainty in the application of the Act and the Regulations. The provisions of the Competition Act, 2002 (“Act”) relating...

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Category : General | Comments : 1 | Hits : 763

Gujarat Assembly passes new Lokayukta Bill
Posted Date : 03-Apr-2013 , 08:10:13 am | Posted By CASANSAAR

The controversial new Gujarat Lokayukta Bill, which curtails the primacy of the Governor and Chief Justice of the High Court in appointment of the anti-corruption ombudsman, was on Tuesday passed by the Assembly amid protests from the opposition Congress.   Congress dubbed the Gujarat Lok...

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Category : General | Comments : 0 | Hits : 665

Petrol, Jet fuel, Non-subsidised LPG prices come down
Posted Date : 01-Apr-2013 , 10:08:21 pm | Posted By CASANSAAR

Fuel prices have come down. Petrol price was on Monday cut by 85 paise per litre with effect from midnight tonight. The price cut, which was made possible because of fall in international oil prices, is excluding local sales tax or VAT. Now, petrol will cost Rs. 67. 29 per litre in Delhi, 74. 14 p...

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Category : General | Comments : 0 | Hits : 871

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