Hundreds of thousands of people poured into Washington to watch Donald Trump being sworn in as the 45th US president. Donald Trump took to the stage on January 20, when he was sworn in on the steps of the US Capitol. The new President then went to the US Capitol surrounded by
62nd Filmfare Awards ceremony, presented by the Filmfare magazine, honored the best Hindi language Indian films of 2016. The ceremony was held on 14 January 2017 and was co-hosted by Kapil Sharma, Karan Johar and Shahrukh Khan. Aamir Khan took away the Best Actor Award for his impressive performance in Dangal film.
IMF in its latest update on World Economic Outlook has cut India’s economic growth rate forecast by one percentage point to 6.6 per cent for 2016-17 — from its earlier estimate of 7.6 per cent because of the effect of demonetisation on consumption and payments. If the projection holds true, the fastest growing
India, with a score of only 3.38, ranks 60th among the 79 developing economies on the Inclusive Development Index, despite the fact that its growth in GDP per capita is among the top 10 and labor productivity growth has been strong. Poverty has also been falling, albeit from a high
The government has further liberalized the FDI policy in 2016. This may give a boost to inflow of FDI. Ease of doing business, however, has not improved much as expected this year. Here are some noteworthy developments: FDI Policy Reforms To further supplement domestic capital, technology and skills, for accelerated
India and Kazakhstan today signed a Protocol to amend the existing Double Taxation Avoidance Convention (DTAC) between the two countries, which was earlier signed on 9thDecember, 1996 for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income. Salient features of the Protocol
Income-tax Rules have been amended to provide that banks shall obtain and link Permanent Account Number (PAN) or Form No. 60 (where PAN is not available) in all existing bank accounts other than Basic Savings Bank Deposit Account (BSBDA-zero balance savings accounts, including Jandhan accounts) by 28.02.2017, if not already done. In
The World Bank has lowered its growth forecast for India to 7 per cent from 7.6 per cent in 2016-17, citing a slowdown in consumption and manufacturing due to demonetisation and an ongoing decline in private investment and credit constraints due to impaired bank balance sheets. The World Bank’s Global
India and USA have signed a Memorandum of Understanding (MoU) between the Indian Computer Emergency Response Team (CERT- In) under the Ministry of Electronics and Information technology of the Government of India and the Department of Homeland Security, Government of the United States of America on cooperation in the field of cyber Security.