Page-5 of Current Affairs - December, 2013

M. Veerappa Moily is the new Environment and Forests Minister

The current Minister for Petroleum and Natural Gas, Marpadi Veerappa Moily, has been assigned an additional charge of the Environment and Forests Ministry after the exit of Jayanthi Natarajan. Ministry of Environment & Forests ( MoEF) The MoEF is the chief agency in the administrative framework of the Central Government accountable for the planning, promotion, ..

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Fiscal deficit to be around 5.2% in FY14: CRISIL

As per ratings agency CRISIL, government will miss its 4.8% fiscal deficit target by 0.40% this fiscal 2013-14 and suggested Public Sector Units (PSUs) should dip into their cash reserves to reduce the gap by paying extra dividends. As per the rating agency, taking into account the current scenario, wherein the front loading of expenditure has resulted in ..

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Year 2014 to bring 8.5 lakh new jobs: Report

As per a survey by recruitment platform year 2014 MyHiringClub.com  augurs well for job seekers as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare. According to the survey based on a study conducted among more than 5,600 firms across 12 industry sectors, the forecasted number of new jobs in 2014 ..

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SEBI made fund-raising easier for corporate India and tightened noose on fraudsters

In order to raise funds easier for companies through genuine equity or debt offers, the market regulator SEBI approved new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit money-pooling schemes. The measures of new norms:- To consider the Financial Portfolio Investors (FPIs) similar to Foreign Institutional Investors ..

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SEBI: Foreign portfolio investors will be treated on par with FIIs on tax issues

In consultation with the Finance Ministry, Securities and Exchange Board of India (SEBI) decided to treat the three categories of Financial Portfolio Investors (FPIs) uniformly for tax purposes. In other words, the new rule aims to bring all foreign investors under a common framework called the SEBI (Foreign Portfolio Investors) Regulations, 2013. The Foreign Institutional ..

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