Monday 11th of December 2017

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Government committed to protect interest of financial institutions, depositors: Arun Jaitley

New Delhi,Dec 7:-- Finance Minister Arun Jaitley has said the government is committed to fully protect the interest of the financial institutions and the depositors through the proposed Financial Resolution and Deposit Insurance Bill- 2017.

 

In a tweet, Mr. Jaitley said the Bill is pending before the Standing Committee of Parliament and Center is committed to the objective of this bill. His remarks came amid fears over safety of bank deposits.

In a tweet, Economic Affairs Secretary, S C Garg said, the proposed Bill aims to protect existing rights of the depositors. He said, there is no dilution thereof and it enhances present protections in certain ways. He said, principal guarantee for public sector banks’ depositors come from government ownership will also remain completely unaffected.
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Fish production in the country increases from 0.75 million tonne in 1950-51 to 11.41 million tonne in 2016-17: Radha Mohan Singh

 Panaji,Dec 10(TheFastMail):-Union Minister for Agriculture and Farmers Welfare, Radha Mohan Singh said that India is second largest fish producer in the world. Overall fish production has increased from 0.75 million tonne of 1950-51 to 11.41 million tonne in 2016-17. Besides, this sector provi....

Direct tax collections rise 14.4% during April–November

 New Delhi,dec 9:-- Direct tax collections has registered a growth of 14.4 per cent during April to November of this fiscal. Central Board of Direct Taxes in a statement said, tax collections up to November this year stood at 4.8 lakh crore rupees, which is 14.4 per cent higher than the net col....

Tata Motors rolls out first Tigor EV

Mumbai, Dec 9:-- Automobile major Tata Motors on Wednesday rolled out the first batch of the compact sedan Tigor's electric variant from its Sanand facility in Gujarat.    According to the company, Tigor EVs (electric vehicles) are being manufactured for the Union government's order of ele....

National Conference on E-Courts Project

New Delhi,Dec 8,(Fast Mail):-- The eCommittee, of the Supreme Court of India in association with the Department of Justice (DoJ) of the Government of India held a two day National Conference in New Delhi on December 2 and 3 in which all the Central Project Coordinators of various High Courts connect....

ESI scheme has presence now in over 461 districts of the country providing benefit to around 10 percent of Indian population- Santosh Kumar Gangwar

New Delhi,Dec 8,(Fast Mail):-- The Union Minister of State for Labour & Employment (I/C), Santosh Kumar Gangwar announced that the ESI Scheme is on the path of sustained growth with its presence now in over 461 districts of the country providing benefit to around 10% of India’s population ....

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