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Friday, 24 November 2017

IFFI Nominates Nine Movies for ICFT UNESCO Gandhi Medal


The International Film Festival of India (IFFI) has nominated nine movies for this year’s International Council for Film, Television and Audio-visual Communication (ICFT) UNESCO Gandhi Medal. Out of nine films, five are from India. 

Thursday, 23 November 2017

IKEA opens first 'Hej HOME' in India at Hyderabad


Swedish home furnishing major IKEA has launched its first experiential centre 'IKEA Hej HOME' in Hyderabad, ahead of opening its first store in the country at the same state in spring 2018.

Government Sets up a Panel to Draft New Direct Tax Law


The government has constituted a task force for redrafting the 50-year old income tax law in sync with the economic needs of the country. The six-member task force will have Arbind Modi, CBDT Member (Legislation) as the Convener and other members, including Girish Ahuja (chartered accountant), Rajiv Memani (Chairman and Regional Managing Partner of EY) and Mansi Kedia (Consultant, ICRIER). 

India climbs 3 steps to 51 on IMD World Talent Rankings



India has improved its ranking by three notches to 51 globally in terms of ability to attract, develop and retain talent while Switzerland topped the list compiled by leading global business school IMD. 

Sri Lankan PM Wickremesinghe Visits to India


Prime Minister Narendra Modi met Sri Lankan Prime Minister Ranil Wickremesinghe. The Sri Lankan Prime Minister, who arrived in India on a four-day visit, will hold bilateral talks with Prime Minister Modi and will also call upon President Ram Nath Kovind.

PM Modi Inaugurated 5th Global Conference on Cyberspace


PM Narendra Modi has Inaugurated fifth global conference on cyber space, he stated rapid change in digital domain has brought changes in the entire world in New Delhi. 

Prime Minister launches Umang app


Prime minister Narendra Modi has launched Umang mobile application, an integrated platform for government to citizen services. Umang- an acronym for "unified mobile app for new age" e-governance - currently hosts around 162 services from 33 government departments of central and state governments. The app has been developed by the ministry of electronics and information technology (MEITY). 

Cabinet Approves India's Membership for EBRD


Union Cabinet chaired by Prime Minister Narendra Modi has approved India's Membership for European Bank for Reconstruction & Development (EBRD). Membership of the EBRD would enhance India's international profile and promote its economic interests and contribute to an improved investment climate in the country. 

Emmerson Mnangagwa to be Sworn in as Zimbabwe's New President


Zimbabwe's former Vice President Emmerson Mnangagwa will be sworn in as the President of the country. Speaker of Parliament Jacob Mudenda stated that the ruling ZANU-PF party has nominated him to fill the vacancy left by Mr Robert Mugabe. Mr Mugabe stepped down after 37 years ruling the country. 

Wednesday, 22 November 2017

Cabinet Approves Setting up of 15th Finance Commission


The Cabinet has approved the setting up of the 15th Finance Commission which will assess the tax resources of the nation and suggest a formula for their devolution among states. Its recommendations will have to be in place before April 1, 2020, it takes 2 years for Finance Commission to give its recommendations.