Community & General News


Committee Report to Review Facilities for Individuals under FEMA

   11 August 2011 at 12:13

RBI releases Report of the Committee to Review Facilities for Individuals under FEMA, 1999 The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) the Committee Report to review facilities for individual under FEMA 1999. The R

Posted in Community & General |   5334 Views


Dr. Subbarao re-appointed RBI Governor for two more years

   10 August 2011 at 15:15

Dr. Subbarao re-appointed RBI Governor for two more years The Government of India today approved the extension of the term of Dr. D. Subbarao as the Governor of the Reserve Bank of India. Dr. Subbaraos term has been extended for a period of

Posted in Community & General |   4599 Views


FM Confident that Our Economy is Strong Enough to Address Any Concern Arising Out of Recent Delevements in USA and Eurozone

   09 August 2011 at 10:13

Says Government to Fast Track the Implementation of Pending Reforms; to Focus on Encouraging Greater Domestic Consumption and Give Impetus to Drivers of Domestic Growth The Union Finance Minister Shri Pranab Mukherjee said that the recent devel

Posted in Community & General  1 comments |   3807 Views


RBI's Monetary Policy Stance Aims to Maintain an interest Rate Environment that Moderates Inflation and Anchors Inflationary Expectation

   06 August 2011 at 10:10

The Reserve Bank of India (RBI) in its first quarter review of Monetary Policy 2011-12 on July 26, 2011 has raised the repo rate from 7.5 per cent to 8.0 per cent. The reverse repo rate under the liquidity adjustment facility, determined with a sp

Posted in Community & General |   4770 Views


Announcement of KYC Norms

   05 August 2011 at 14:34

All the members of Institute of Chartered Accountants of India (ICAI), who are in practice, are hereby informed that the Council has formulated the following Know Your Client Norms (KYC norms) at its 307th Meeting held on 13th July, 2011,

Posted in Community & General  1 comments |   10491 Views


ICWAI - President Message August, 2011

   04 August 2011 at 16:13

It is a matter of great honour to have been elected as President of this great Institution for the year 2011-12.

Posted in Community & General |   4716 Views


Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above

   02 August 2011 at 12:00

RBI/2011-12/135 DBOD.BP.BC. No. 26 / 21.01.001/2011-12 August 1, 2011 To, The Chairmen / Chief Executives of All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,0

Posted in Community & General |   5382 Views


FM ask business leader to play role for economic growth

   02 August 2011 at 11:55

FM says fundamentals of the economy are strong; asks top business leaders to play a proactive role to build synergy and for propelling the economy to the path of higher trajectory of growth The Union Finance Minister Shri Pranab Mukherjee has ex

Posted in Community & General |   2874 Views


Highlights of Economic Outlook 2011-12

   01 August 2011 at 12:34

The Chairman Economic Advisory Council to the Prime Minister, Dr. C. Rangarajan released the ‘Economic Outlook 2011-12’ in New Delhi today. Following are the highlights: Economy to grow at 8.2% in 2011-12 Agriculture grew at 6.6% i

Posted in Community & General  3 comments |   7011 Views


Entitlement of number of trainees by Company Secretary in Practice

   01 August 2011 at 10:28

The Council at its 201st meeting held on 23rd-24th June, 2011, in supersession of its earlier decision which was notified in October, 2008 issue of Chartered Secretary, has decided that with effect from 24th June, 2011, for the pur

Posted in Community & General |   7866 Views



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