BUSINESS & ECONOMY

ESIC Notification: Online registration through MCA Portal and inspection of the units regarding

Online registration through MCA Portal and inspection of the units regarding. It has been brought to the notice from various Regional Offices/Sub Regionall Offices that the inspection of units which have been registered through MCA portal with zero no. of employees are being generated through Shram Suvidha Portal and the SSO after checking the records …

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Tata Group to acquire India’s largest packaged water company Bisleri

Talks with the Tata Group have been going on for two years and Bisleri chairman Ramesh Chauhan made up his mind after meeting Tata Sons chairman N Chandrasekaran and Tata Consumer CEO Sunil D’Souza a few months back. “I like them. They are good guys,” the 82-year-old said, adding that he doesn’t see any point …

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New guidelines: Verify Aadhaar before accepting it as a proof of identity: UIDAI

Verify Aadhaar for correct identification and to curb any possible misuse Before accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should verify the Aadhaar. The Unique Identification Authority of India (UIDAI) maintains that verification of Aadhaar number following the consent of the Aadhaar holder is the right …

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Big Breaking: seizes 272 kg illicit Opium worth Rs 14 crore from inter-state drug cartels

Central Bureau of Narcotics seizes 272 kg illicit Opium worth Rs 14 crore from inter-state drug cartels- In continuance of Anti-Drug operations, officers of Central Bureau of Narcotics (CBN) Neemuch, have busted inter-state drug cartels involved in trafficking of illicit Opium from North East India to Rajasthan. The seized opium is worth around Rs 14 …

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Startup India launches Startup applications for MAARG Portal

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched a call for startup applications for registration on the MAARG portal, the National Mentorship Platform by Startup India. To further boost the Indian startup ecosystem, currently ranked 3rd largest globally, Startup India is focused on catalysing …

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Working paper analyses problems with Freedom in the World Index, V-DEM indices, and EIU Democracy Index

EAC-PM working paper analyses problems with Freedom in the World Index, V-DEM indices, and EIU Democracy Index Economic Advisory Council to the Prime Minister has issued a working paper by Sanjeev Sanyal Member EAC-PM and Akanksha Arora . The Paper analyses three perception-based indices: Freedom in the World Index, V-DEM indices, and EIU Democracy Index …

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Users may not be able to make unlimited payments via UPI payment apps

UPI payment apps like Google Pay, PhonePe, Paytm, and others may soon impose a limit on the transaction. Soon users may not be able to make unlimited payments via UPI payment apps. The National Payments Corporation of India (NPCI), which operates the UPI digital pipeline, is in discussions with the Reserve Bank about implementing its …

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Shri Goyal urges Steel Industry to make best use of India Australia ECTA Agreement and capture new opportunities in Australia

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal urged Steel Industry to make best use of the India-Australia Economic Cooperation & Trade Agreement (ECTA) Agreement and look at capturing new opportunities in Australia. He was speaking at the 3rd edition of ISA Steel Conclave in New …

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“Economy does not look good right now,” Jeff Bezos stated

Amazon founder and billionaire Jeff Bezos recently warned consumers and businesses that they should consider postponing large purchases during the holiday season as an economic recession might be in the offing. Speaking to CNN, the business tycoon advised consumers to keep their cash safe and avoid unnecessary spending in the coming months. He recommended that …

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Shri Arun Goel takes over as new Election Commissioner

Shri Arun Goel today assumed charge as the new Election Commissioner (EC) of India. Chief Election Commissioner Shri Rajiv Kumar, who is currently in Nepal as International Observer for their ongoing national elections, personally called and congratulated Shri Arun Goel on his appointment. Welcoming him to the Election Commission, Shri Kumar said that vast & …

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PM inaugurates ‘Kashi Tamil Sangamam’ in Varanasi, Uttar Pradesh

PM inaugurates ‘Kashi Tamil Sangamam’ in Varanasi, Uttar Pradesh “Embracing entire India, Kashi is the cultural capital of India whereas Tamil Nadu and Tamil culture is the centre of India’s antiquity and glory” “Kashi and Tamil Nadu are timeless centres of our culture and civilisations” “In AmritKaal, our resolutions will be fulfilled by the unity …

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Government withdraws export duty on Steel

The Central Government has restored the status quo as was prevailing prior to 22nd May,2022 and withdrawn the  export duty  on iron ores lumps & Fines below 58% Fe content,  iron ore pellets and the specified steel products including pig iron. The import duty concessions  on Anthracite / PCI coal, coking coal, coke & semi coke …

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Cheque Bounce New Rule: money will be deducted from other account

If you use bank cheque, then you must read this news. In fact, in order to effectively deal with the cases of cheque bounce, the Finance Ministry is considering several steps like deducting money from another account of the issuer of the Cheque and prohibiting the opening of new accounts in such cases. Is. In …

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“No Money For Terror” Ministerial Conference on Counter-Terrorism Financing

Session on Financial Action Task Force and India’s Priorities in G20 Anti-Corruption Working Group organised by Department of Revenue in New Delhi on the eve of 3rd “No Money For Terror” Ministerial Conference on Counter-Terrorism Financing. To highlight India’s priorities in G20 Anti-Corruption Working Group (ACWG) on the eve of the 3rd “No Money For Terror” Ministerial …

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Ambassadors Appreciates Diversity of Khadi Fabric

Khadi’s Global Popularity Attracts Foreign Ambassadors to Khadi India Pavilion at IITF- Khadi’s soaring global popularity grabbed the attention of the Thailand Ambassador to India, H.E. Ms. Pattarat Hongtong, and Oman Ambassador to India Mr. Issa Alshibani who visited the Khadi India Pavilion at the 41st India International Trade Fair-2022, on Friday. Ambassadors lauded the …

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Today the UK-India Young Professionals Scheme was confirmed, offering 3,000 places to 18–30 year-old degree educated

Today the UK-India Young Professionals Scheme was confirmed, offering 3,000 places to 18–30 year-old degree educated Indian nationals to come to the UK to live and work for up to two years. As per the Prime Minister’s Office statement, “I know first-hand the incredible value of the deep cultural and historic ties we have with …

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uday kotak

Son of India’s richest banker isn’t in the running to lead Kotak Mahindra Bank

Jay Kotak, son of founder Uday Kotak who has led the business since establishing it in 1985, is not a contender for the role, according to KVS Manian, the firm’s whole-time director. The billionaire will transition from his chief executive position by the end of next year, after central bank guidelines capped tenures for Indian …

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Old Pension Scheme Big statement: Government will implement Old Pension Scheme! Finance Minister’s statement on the money deposited in NPS

Finance Minister Nirmala Sitharaman said that the money deposited in the National Pension Scheme (NPS) belongs to the persons contributing to it. State governments cannot take it under the law. Talking to the media, Sitharaman said in response to questions related to the restoration of the old pension system, that the Rajasthan and Chhattisgarh governments …

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11,000 job cuts: Mark Zuckerberg’s Message to Meta Employees

Mark Zuckerberg just shared the following with Meta employees: Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go. We are also taking a number of additional steps to …

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services purchased from Google Ads, Cloud, Workspace, YouTube, Play, and other paid Google services in India.

Google Payments Alert: Changes to using your card with Google

We’re reaching out to inform you that Google has deleted your Visa card information to comply with new Reserve Bank of India card storage regulations. Your card details will no longer be available to make payments for Google services. You can still enter your card details to use your Visa card to make payments. When you …

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National Pension System (NPS) Rules Changes

NPS e-NOMINATION PROCESS Upon receiving your application, the nodal officer will now have the authority to accept or reject it. Additionally, if the Nodal Officer fails to act on your application within 30 days, it will be automatically submitted to the Central Recordkeeping Agency (CRA). NO SEPARATE PROPOSAL FORM FOR ANNUITY ON MATURITY: In order …

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QRB Report on Audit Quality Review –

QRB Report on Audit Quality Review – 2021-22 – (02-11-2022) ContentsFrom the Chairperson’s Desk 3Composition of the Board 6Our Approach 7Our Expectations 7How We Select Audit Firms for Review 8How We Conduct Audit Quality Review 9Overall Trend of Audit Engagements ReviewedFY 2012-13 to FY 2021-2211Key Highlights – FY 2021-22 12Summary of Observations 15a) Standards on …

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RBI e-rupee pilot project launched (e-Rupee including SBI, HDFC, ICICI to issue e-rupee)

e-rupee pilot project launched The RBI started the pilot project of digital currency (e-Rupee). This will be regulated by RBI by the Reserve Bank. RBI has selected 9 banks including SBI, HDFC, ICICI to issue e-rupee. Right now it will be used only for Indian ₹ ERVOF wholesale transactions. This will also lead to cross …

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