Page-7 of Insights

Fact Box: White Label ATMs

June 29, 2013

RBI gives nod to Muthoot Finance to set up White Label ATMs Indian gold loan company Muthoot Finance Ltd has obtained the RBI’s in-principle approval to set up the white label ATMs,as the government seeks to take financial services to the ..

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Fact Box: "Kirobo" : World’s first talking robot-astronaut ready to take off

June 28, 2013

“Kirobo” : World’s first talking robot-astronaut ready to take off Japanese have developed the world’s first robot-astronaut that can communicate with humans. It will be launched to International Space Station (ISS) from Japan Aerospace Exploration Agency’s (JAXA) Tanegashima Space Center atop ..

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Fact Box: 'Diaspora Bonds'

June 25, 2013

India thinks over ‘Diaspora Bonds’ India is examining to introduce “Diaspora Bonds” to attract investment from NRIs (Non-Resident Indians), to facilitate greater inflow of funds in the infrastructure sector. The government is examining longer-term investment instruments for overseas Indians so that the ..

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Fact Box: Operation TEMPORA – run by British spy agency GCHQ

June 24, 2013

UK’s spy agency ‘GCHQ’ has bigger electronic spying system than US’ NSA As per the latest revelations made by the NSA whistleblower Edward Snowden about the electronic surveillance programme, Britain’s spy agency GCHQ (the Government Communications Headquarters) — has clandestinely gained access ..

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Fact Box: 'Ammu'

June 24, 2013

‘Ammu’: Mascot for 35th National Games The official mascot of the 35th National Games has been named ‘Ammu’ which is a hornbill. The games will be hosted by Kerala in November-December 2013. The characterized versions of the mascot showing ‘Ammu’ in ..

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Fact Box: Commodities Transaction Tax (CTT) on non-farm products

June 23, 2013

Commodities Transaction Tax (CTT) on non-farm products from July 1, 2013 As per an announcement made by the Central Board of Direct Taxes (CBDT), from July 1, 2013, the Commodities Transaction Tax (CTT) shall be levied on the derivative contracts of non-agricultural ..

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