Business

China is World’s Fifth Largest Arms Exporter Today

China is World’s Fifth Largest Arms Exporter Today

Business, World
By *Abdus Sattar Ghazali China has become the world’s fifth-largest arms exporter, according to the Stockholm International Peace Research Institute (SIPRI). China replaces Britain in the top five arms-dealing countries between 2008 and 2012, a group dominated by the United States and Russia, which accounted for 30 percent and 26 percent of weapons exports, SIPRI said Monday, March 13. Germany and France ranked third and fourth on the arms exporter list. “China is establishing itself as a significant arms supplier to a growing number of important recipient states,” Paul Holtom, director of the SIPRI Arms Transfers Program, said in a statement. Commenting on the SIPRI report, Chinese Foreign Ministry spokesman Hong Lei said China was a responsible arms exporter which strictly adhered t
Look Your Stunning Best in Your Holiday Photos with Pachouli’s Range of Vacation Ready Treatments

Look Your Stunning Best in Your Holiday Photos with Pachouli’s Range of Vacation Ready Treatments

Beauty, Business
New Delhi, India--- This holiday season look your spectacular best with Pachouli’s range of vacation-ready treatments. Pachouli is a leading health, fitness & beauty brand spread across Delhi NCR. Whether you are heading to the hills or the beaches, Pachouli is offering an extensive range of services and is a one-stop shop that will make you look your best in your holiday pictures. Pachouli has created treatment concepts that merge techniques and philosophies from around the world to make a pure you. Preeti Seth Wellness Expert, Nutritionist & Cosmetologist and Co-owner of Pachouli Spa & Wellness Destination says, “Summer is a time that is synonymous with vacations and everyone wants to look best in their holiday pictures. At Pachouli we are offering a gamut of services that w
INDIA:Union Budget-2017 Promises Affordable Housing

INDIA:Union Budget-2017 Promises Affordable Housing

Economy, India
New Delhi--- With a view to providing affordable housing, the finance minister has proposed to provide some concessions in the scheme of Income Tax exemption. The definition of affordable housing has been changed. Now the area of 30 Square Metre in four metropolitan cities and 30 Square Metre for the rest of country will be counted as carpet area instead of built-up area. The completion period has also been extended to 5 years from 3 years. The tax on Notional rental income for builders has been proposed to calculate only after 1 year from the end of the year in which completion certificate is received. Some changes in Capital Gain taxation for immovable properties have also been proposed to take effect, as holding period reduced for computation of long-term capital gain from three years

Central Bank increases cash withdrawal limit at ATMs to Rs10,000 per day

Economy
New Delhi: In post demonetization days, the Reserve Bank of India (RBI) in a bid to provide respite to the cash-starved citizens of India, has announced the new cash withdrawal limit at automated teller machines (ATMs). Now, the ATM card holders can withdraw ₹10,000 per day per card. The withdrawal limit has been raised from ₹ 4,500. But the weekly cap of withdrawal will be the same of ₹ 24,000.  The central bank has also raised the withdrawal limits for the current accounts to ₹1 lakh from ₹ 50,000.
‘Remonetise India – A Citizen’s Pledge’ has been Kicked Off by TIMES NETWORK

‘Remonetise India – A Citizen’s Pledge’ has been Kicked Off by TIMES NETWORK

Economy, India
Mumbai, India (BusinessWireIndia)--- TIMES NETWORK, the broadcast arm of the Times Group initiated, ‘Remonetise India - A Citizen's Pledge’, a nationwide crusader campaign, urging Indians to take the next step from demonetization and Pledge for Growth.  Keeping the government’s vision in mind, Remonetise India is an initiative by TIMES NETWORK which calls all the Citizens of India to come out and make a difference. Urging the citizens to be the change agent for the changes they want to see and bring India's economy back on track. Today, TIMES NETWORK conducted a LIVE Telethon from 6:00 pm to 8:00 pm, across all channels of the network and connected viewers to Opinion and Policy makers, encouraged them to invest more and educated the them about moving to a digital and a less cash economy.  
Lucky draw schemes for Digital payments to begin tomorrow

Lucky draw schemes for Digital payments to begin tomorrow

Economy
New Delhi (GN News) ---The government of India is going to start lucky draw schemes namely, Lucky customer and Digi-Dhan business plan with a view to promote digital payment culture in the country from tomorrow. Under these schemes, people will get the reward on digital payments on a daily basis. The first draw of the Lucky Customer Scheme will be launched tomorrow and under this scheme, consumers will get a cashback of Rs.1000 to 15,000 every day for the next 100 days. The lucky draw winners for the Lucky Customer Scheme will be selected on a daily basis, while the winners of Digi-Dhan business plan will be selected on weekly basis. A mega draw is scheduled to be held on 14th April 2017. After that, the lucky draw schemes shall be reviewed for further implementation. The draws are planned
trademarKing Launches India’s first Automated Trademark Monitoring Platform for Manufacturers & Service Providers

trademarKing Launches India’s first Automated Trademark Monitoring Platform for Manufacturers & Service Providers

Business
Initiates open platform to build trademark awareness. Enables business owners, manufacturers and startups to detect duplicate or deceptively similar brands names and also sends automated alerts via SMS and email if any trademark violation is detected. Chennai, India (BusinessWire) --- TrademarKing.in, India’s leading trademark search engine has announced the launch of India’s first automated trademark monitoring platform. Established business owners, manufacturers and new startups can register to this service for cost-free until 31st January 2017 to monitor their brand names. The trademark monitoring service is first of its kind in India, business owners can leverage maximum benefit to protect their brands through this platform. The aim of this free launch by trademarKing.in is to create a
Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016

Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016

Economy
New Delhi (PIB News) ---The deposits of old notes of Rs.500 and Rs.1000 denominations have been reviewed by the Government from time to time. Already more than five weeks have elapsed since the time of the announcement of the cancellation of the legal tender character of these notes. It is expected that, by now, most of the people would have deposited such old notes in their possession. Keeping this in view and to reduce the queues in the banks, it has now been decided that amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016. The banks have been advised to conduct due diligence regarding the reasons for not depositing these notes earlier. Amounts of Rs.5000 or less may continue to be deposited with banks in the customer’s account, as at pre
India: Government is Committed to Promote Organic Farming, Says Agriculture Minister

India: Government is Committed to Promote Organic Farming, Says Agriculture Minister

Agriculture, Economy, India
Ghaziabad (PIB News) --- Union Agriculture and Farmers Welfare Minister, Radha Mohan Singh said that in view of the importance of organic farming, with emphasis on sustainable production, food security and soil health, Central Government is committed to promote organic farming. Singh was speaking on the inauguration of the Agriculture fair based on Organic Farming here today. The Minister of Agriculture said that the Government is promoting organic farming across the country through the dedicated scheme of Paramparagat Krishi Vikas Yojana (PKVY) and Organic Value Chain Development for Northeast regions (OVCDNER under National Mission for Sustainable Agriculture (NMSA). Singh said that Paramparagat Krishi Vikas Yojana(PKVY) scheme is the first comprehensive plan based on a 20-hectare cluste...
Global Telecom Giant Vodafone Introduces Digital Payment Solution in India

Global Telecom Giant Vodafone Introduces Digital Payment Solution in India

Economy
  New Delhi--- Vodafone India announced here the launch of Vodafone M-Pesa PAY, which is an easy and ready to use digital payment solution. Now the merchants and retailers can receive payments from their customers without any exchange of cash. To start using this exceedingly friendly digital payment solution, retailers and merchants simply have to download Vodafone M-Pesa app and register for Vodafone M-Pesa PAY as a merchant. Once registered, they can notify an individual customer to make the payment due. Customers just need to click on the notification and make payment digitally using their M-Pesa wallet, bank account and debit or credit card in a completely seamless, worry-free and secure manner. Launching Vodafone M-Pesa PAY, Sunil Sood, MD & CEO at Vodafone India said, “The H