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Page-14 of Archives: January, 2014

RBI: Gold loan finance companies can now give loans up to 75% of the market value of the gold

The Reserve Bank of India (RBI) has eased the norms for extending loans against gold jewellery as collateral. It has decided to raise the Loan-To-Value (LTV) cap for...

January 11, 2014

Cabinet approved the TRAI guidelines for TV rating agencies

The Union Cabinet approved the proposal of the Ministry of Information and Broadcasting to bring out the comprehensive regulatory framework in the form of guidelines for Television Rating...

January 11, 2014

No cash transactions in CIS : SEBI move to check laundering

The market regulator, Securities and Exchange Board of India (SEBI) made it compulsory for all investments into Collective Investment Scheme (CIS) funds to be made through banking channels,...

January 11, 2014

HSBC PMI: Service sector output drops in December for 6th consecutive month

The HSBC Services Purchasing Managers’ Index (PMI), compiled by Markit, fell to 46.7 in December from 47.2 in November, registered the sixth consecutive monthly drop in output levels,...

January 11, 2014

Supreme Court: Persons can be tried despite not being named in FIR

The Supreme Court held that a person can be made an accused by the trial court in case evidence crops up during the proceedings even if he has...

January 11, 2014

Supreme Court directs Centre to set up National Regulator for granting all Green Clearances

The Supreme Court has directed the Centre to establish a national regulator for environmental clearances. The apex regulator will supervise grant of clearances and implementation of forest policy...

January 11, 2014

Rashtriya Kishor Swasthya Karyakram: India's first adolescent health programme launched

The Government of India has started the country’s first comprehensive adolescent health programme- Rashtriya Kishor Swasthya Karyakram, which will also focus on adolescents’ reproductive health. Rashtriya Kishor Swasthya Karyakram...

January 11, 2014

RBI chooses CCIL to issue Unique Identity Codes in Financial Transactions

The RBI has chosen the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing internationally compatible Legal Entity Identifiers (LEIs) in...

January 11, 2014

Get rid of SLR, end loan waivers: RBI committee

A high-level panel of the Reserve Bank of India (RBI) has suggested that the central bank should gradually abolish the Statutory Liquidity Ratio (SLR), the portion of deposits...

January 11, 2014

Election Commission cancelled Google tie-up, back with NIC

The Election Commission of India (EC) has cancelled tied-up with US-based internet heavyweight, Google to assist it manage online voter registration and facilitation services ahead of the India’s...

January 11, 2014

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