National
Sebi plans investor website in 13 Indian languages
Market regulator Sebi is planning to soon offer its investor website in as many as 13 Indian languages, besides the existing one in English, to spread awareness among investors and to help resolve their grievances.
Supreme Court lifts ban on iron ore mining in Karnataka
Supreme Court partially lifts ban on iron ore mining in Karnataka on 3rd September 2012, on the basis of the recommendations of the Central Empowered Committee (CEC). CEC divides the leases of iron ore mines in three categories A,B,C.marginal irregularities and no irregularities of leases come under A category, most irregularities in leases come under C category,moderate irregularities come under B category.The Supreme Court has lifted the banwould only be effective in 18 category A mines, subject to their compliance with statutory clearances.The ban will continued on the remaining leases.
Lok Sabha passed two Bills on 3rd September 2012
Lok Sabha passed two bills on 3rd September 2012 They are 1.Sexual harassment may mean loss of business licence:Non-compliance with the provisions of the law will be punishable with a fine of up to Rs 50,000. Repeated violations may lead to higher penalties and cancellation of licence or registration to do business.2.National Highways Authority of India (NHAI) expansion bill passed
4.6 magnitude quake rocks Ladakh, no impact in Kashmir
A 4.6 magnitude quake rock Ladakh region in Jammu and Kashmir on 4th September 2012 afternoon. However, it was not felt in the Kashmir valley.Its epicentre was in Southern Xinjiang China, located at a distance of 327 km from Leh.
MGNREGA work days raised to 150, crop loans cut to 7%
Empowered Group of Ministers(EGoM) on drought headed by Agriculture Minister Sharad Pawar decided to increase the number of guaranteed work days under Mahatama Gandhi National Rural Employment Guarantee (MGNREGA) to 150 days and cut interest rates on crop loans to 7 percent for one year for the farmers in drought-affected states.
Fiji gets new Indian beauty queen
The 20-year-old Sheryl Kumar was crowned Miss India Fiji 2012 in Suva.
Women and Child Development Ministry launched a Web Portal named Track Child
The Union Women and Child Development Ministry on 18 September 2012 decided to launch a web portal named Track Child, which will serve as a central database of all those children who have gone missing in different parts of the country. The portal will act as a coordination mechanism between child homes, police departments and state governments.
Govt launches Rajiv Gandhi Equity Savings Scheme
The Finance Minister P Chidambaram on 21st September 2012 cut withholding tax on overseas borrowings to 5 percent from 20 percent and approved the Rajiv Gandhi Equity Savings Scheme (RGESS).While the RGESS is aimed at encouraging first time retail investors to invest in stock markets through tax concessions, the cut in withholding tax to 5 percent seeks to lower the cost of foreign borrowings by the Indian companies.The RGESS will give tax benefits to new investors who invest up to Rs 50,000 and whose annual income is below Rs 10 lakh.
C P Joshi given additional charge of Railways
Union Minister of Road Transport and Highways C P Joshi has been assigned the additional charge of the Ministry of Railways in place of Mr Mukul Roy, who was among the six Ministers who resigned from the United Progressive Alliance (UPA) government 22nd September 2012.
Election Commission Ban the usage of animal and birds in poll campaign
The Election Commission of India (ECI) on 26th September 2012 issued an order banning the use of animals and birds by political parties during campaigns. People for the Ethical Treatment of Animals (PETA) India said that following repeated requests by animal activist, the Election Commission asked political parties and candidates to refrain from using animals for their campaigns.