50 lakh central government employees to get heavy increment 58 lakh pensioner gets hike in their pensions National treasury will get strained of an additional 1 lakh crore rupees or more. New Delhi, Dated 29th June (News Agency)–The government on Wednesday announced the execution of the recommendations made by the 7th pay commission. With this […]
“It was rules, not China that prevented India’s NSG membership. Ten members opposed India’s entry to the NSG. But spoilt by the West, self-centred and self-seeking India just refuses to go by the rules. Moreover, it is only to contain China that the US is cosying up to India” says an article in the ‘Global […]
Voting in favour of ‘Brexit’, the British masses have shown unwillingness to remain a part of the EU. The decision has had grave political repercussions the world over, prompting also, swift ripples on the global share market as much as on the global political scene. Following the results of the referendum, the British Prime Minister […]
New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]
The Central Bank of China has warned that China is to a certain extent under pressure even now and so recession still looms over the country. Li-Gang Liu, the chief Economist in China has warned that a just one wrong turn on the part of the government would suffice to take China to economic stagnation. […]
New Delhi (PTI): The central government is planning vital steps to consolidate public sector banks in order to strengthen them. On account of this 27 public sector banks would be merged and reduced to form 4 to 5 strong banks. It is been said that in the current financial year to start this process, five […]
New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]
Delhi, 14 June, PTI – A new proposal of Goods and Service Tax (GST bill) has been put forward which is considered to bring unprecedented changes in the indirect taxation of the country. Except Tamil Nadu which has some reservations on GST provisions, majority of the states have approved the new proposal of GST, which is […]
London 11th June (News Agency) – Terrorists and some unknown countries are consistently trying to enhance their cyber capabilities. The Chief of British Intelligence, Robert Hannigan has warned that using this cyber capability, they could be planning a major cyber attack to bring a city to a complete standstill. A few days back it was […]
Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]