Community & General News
View of IMF Regarding Consolidation of Banks
16 December 2009 at 11:45View of IMF Regarding Consolidation of BanksThe Raghuram Rajan Committee, in general, has recommended to encourage, but not force, consolidation amongst Public Sector Banks (PSBs). The Committee has observed that given the fragmented nature of the In
Impact of counterfeit currency on National Economy
16 December 2009 at 11:41Impact of counterfeit currency on National EconomyReserve Bank of India maintains that the volume of fake currency is negligible, at less than 0.001% (8 notes per million pieces) of the total notes in circulation and, therefore, there is no serious t
Observance of Code on the Date of Polling
02 December 2009 at 16:08ANNOUNCEMENT ON OBSERVANCE OF CODE ON DATE(S) OF POLLINGIn terms of the Election Code of Conduct evolved by the Council of the Institute of Chartered Accountants of India and the subsequent instructions, by way of an Announcement, issued by the Retu
17 FDI Proposals approved
01 December 2009 at 16:4717 FDI Proposals approvedBased on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on November 20, 2009, Government has approved 17 Proposals of Foreign Direct Investment amounting to Rs. 4551.05 Crore approximatel
President's Message - December 2009
01 December 2009 at 13:45President's Message - December 2009Dear CA Pariwar,The ‘green shoots’ of economic revival are now truly maturing - at least from the Indian perspective - and are showing fruits of the labours of the government and regulators. Recovery is
Safeguard the Constitution and its values
01 December 2009 at 10:27Safeguard the Constitution and its values – Mukul Wasnik K G BALAKRISHNAN DELIVERS DR. AMBEDKAR MEMORIAL LECTURE“The vision and values of the Constitution are facing challenges. It is up to us to safeguard the Constitution and its values
Convergence of G-22 on Modalities at WTO
26 November 2009 at 10:39Convergence of G-22 on Modalities at WTOThe G-20 is a group of developing countries which came together on 20 August 2003. The G-20 has been a driving force and works towards ambitious reforms of agriculture in developed countries with some flexibili
Violation of Election code of conduct
25 November 2009 at 09:41Attention : Candidates and Voters for the forthcoming elections It has been brought to my notice that the Election Code of Conduct evolved by the Council is being violated by organizing parties and other programmes under one pretext or the
Finmin sets up body to review portfolio investment policies
25 November 2009 at 09:34Finmin sets up body to review portfolio investment policies To encourage foreign portfolio investment, the Finance Ministry has set up a working group for suggesting changes in the existing policy on foreign capital inflows by FIIs, NRIs and venture
Acceptance of cheques written in regional languages
24 November 2009 at 16:53Acceptance of cheques written in regional languagesReserve Bank of India (RBI) vide its Master Circular dated July 1, 2009 has advised all Scheduled Commercial Banks (excluding Regional Rural Banks) that all cheque forms would be printed in Hindi and
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