Union Government has decided to amend Foreign Direct Investment (FDI) norms for NRIs, Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCI) to increase capital flows into the country. Decision in this regard was taken at Cabinet Committee on Economic Affairs (CCEA) meeting chaired by Prime Minister Narendra Modi in New Delhi. In…
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What? The Goods and Service Tax Bill or GST Bill, officially known as The Constitution (122nd Amendment) Bill, 2014, would be a Value added Tax (VAT) to be implemented in India, from April 2016. GST stands for “Goods and Services Tax”, and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of…
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Hungarian writer Laszlo Krasznahorkai has won the prestigious Man Booker International Prize for 2015. He was chosen from a list of 10 contenders from around the world. About Laszlo Krasznahorkai Laszlo Krasznahorkai was born in 1954 Gyula, Hungary. He had gained recognition in 1985 after he had published his debut novel Satantango, which he adapted…
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Meghalaya has achieved 100 percent success in implementing Union Government’s flagship scheme for financial inclusion-Pradhan Mantri Jan Dhan Yojna (PMJDY). In the state, all eleven districts have been able to open at least one bank account of every household under the ambitious scheme. More than 5.53 lakh households have been covered with 1.55 lakh new…
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The researchers have discovered the driest place on the Earth in the Atacama Desert in Chile. The site discovered is referred as Maria Elena South (MES). The results of the discovery was presented in the paper, Discovery and microbial content of the driest site of the hyperarid Atacama Desert, Chile, published in March 2015 in…
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