India Current Affairs - 2020

SEBI: To issue guidelines for FATCA compliance for fiscal year 2014-15

To combat possible tax evasion by Americans through Indian entities, the Securities and Exchange Board of India (SEBI) planned to issue the Foreign Account Tax Compliance Act (FATCA) compliance norms in the fiscal year 2014-15.  For the implementation of the FATCA, the US government is required to sign Inter-Government Agreement (IGA) with various countries, including Read More…

Third Nuclear Security Summit (NSS) 2014

The Nuclear Security Summit (NSS) 2014 held at The Hague, Netherlands. In the third edition of nuclear summit, 58 world leaders participated to enhance the global nuclear security structure. Objective: To prevent nuclear terrorism by reducing the amount of dangerous nuclear material in the world, improving the security of all nuclear material and radioactive sources Read More…

India’s spices export registered 41% increase in April-Dec 2013

As per the data released by the Spices Board at Kochi, the India’s spices export in rupee terms registered an increase of 41% in the current financial year (April-Dec 2013). The total volume of 1,93,625 tonnes seed spices valued at Rs.1,906 crore has been exported against 1,09,067 tonnes valued at Rs.1,008 crore in the previous Read More…

“Kolkata”- World’s 7th most riskiest city

As per the World’s Riskiest Cities 2014 report, Kolkata emerged as the world’s 7th most risky city, the only entry from India, when it comes to being under threat from all types of natural disasters. Excerpts of the World’s Riskiest Cities 2014 report Based on Swiss Re’s risk modelling expertise and the latest hazard information. Read More…

BofA-ML pricks poll bubble: India’s growth depends on global cycle

As per the American brokerage Bank of America-Merrill Lynch (BofA-ML) report titled, ‘Will markets be third time lucky? Three big ifs: Polls, the El Nino, and the dollar’, the global economic cycle drives growth far more than who rules in India. Excerpts of report Will markets be third time lucky? Three big ifs: Polls, the Read More…