Business

Nov 222017
 Power and its generations have been given utmost importance by the government of Kerala.
Bill Gates "Giving Pledge", more than 170 extremely rich have decided t part with their wealth at least fifty percent. 'Giving Pledge' have been the torch bearer to stream live may to donate part of the money to philanthropy, getting the roller of private government, aiming to eradicate poverty, its roots from the world at large. Nandan Nilekani, Infosys fame, and his wife Rohini have become the recent signatory to pledge from India.
The Unique Identification Authority of India stated that 200 websites run by Central and State government displayed details such as the names and addresses of some Aadhaar beneficiaries.In response to a Right to Information inquiry, UIDAI noticed that there has been a breach, those data have been removed from those websites.However, they did not specify when the breach took place or did UIDAI make those details public.
Unique Identification Authority of India(UIDAI) has notified that there is no need to link bank accounts of Non-resident-Indians NRIs, Person of Indian Origin PIOs and Overseas Citizens of India OCIs with Permanent Account Number PAN or Adhar, henceforth. UIDAI has advised various agencies involved in implementing this work to find out a mechanism to verify the status of those individuals. Under the prevention of Money Laundering Rules 2017 and the income tax, it has specified those persons who are eligible to enroll for Adhar.
Reserve Bank of India has decided not to pursue with the proposal for an Islamic Banking System in India.This is a bold step taken by the Reserve bank of India.Central Bank of India had filed an RTI inquiry on the issue, on which RBI took this decision to drop the proposal of Islamic Banking."Wider and equal opportunities are available to every Indian citizen to the banking and financial system.
  Reliance Communications' RCom lead by Anil Ambani missed the deadline of an interest payment, for the first time.Reliance Communications’ (RCom) bonds slumped to a record low after the company missed the deadline, unable to pay the interest, according to Bloomberg, The price of the $300 million of 6.5% securities, RCom owed the interest payment, nosedived to 1.7 cents, a record low of 39.4 cents.
125 crores of Indians have had the brunt of Demonetization, which is one of the bold decision with a high-risk ever taken by the Indian government, in the recent past. With this demonetization on 8th November 2016, Prime Minister Narendra Modi underlined his intentions to change the course of Indian economy aiming to bring transparency, justice to the common man.On one hand, the Indian government had intentions to implement Demonetization with nine highlights.1.Deflation due to less currency circulation.
Oil and Natural Gas Commission ONGC on its twenty-five years of oil discovery has plans to convince Indian government to allow private companies have a stake of 60 percent in oil and gas producing fields of national oil companies, that is Oil and Natural Gas Commission and Oil India Ltd.
    India jumped by 30 points to 100 on the World Bank ranking when the stock markets showed upward trends, Nifty zoomed past 10,400 for the first time and Sensex hit a record of 33,451  as per the release.Eight core sectors showed a six-month high of 5.2 percent in September and definite leads from the global market which brought smiles on the investors.
A ray of hope to the struggling economy of Great Britain is on the cards.Bank of England is to up the interest rates to contain inflation.This could result in hurting the British Economy further.The central Bank too is expected to up its main interest rate by 0.25 percent. If it delivers the cut, as bank Governor Mark Carney has indicated, it would be its first hike since July 2007, when world credit markets started to freeze up in what would prove to be an early phase of the global financial crisis.
India is likely to be the fastest growing economy in the world during the next few years, Reforms like GST, Demographics, suitable international investments, digitisation has set the country to be achieving a working six million dollars by 2027. Ther has been an acceleration of GDP growth from 5.8% in 1990's to 6.9% in 2000's. U.S based property owners and the world are expected to meet in November in India to find out the Indian government offers and feasibility, risks in different sectors and India's placements in the world's economy.

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Entertainment

Nov 172017
Sanjay Leela Bhansali film “Padmavathi” could disrupt law and order in Uttar Pradesh, requests Information and Broadcasting Ministry as the film allegedly depict distortion of facts.UP Govt.