Page-4 of Investments
Gionee inks MoU with Haryana Government to set up manufacturing hub in Faridabad
The Gionee India has signed a Memorandum of Understanding (MoU) with the Haryana government to set up its phone manufacturing hub in Faridabad. The MoU was signed by Gionee Mobiles Chairman Liu Lirong and Haryana State Industrial and Infrastructure Development ..
Month: Current Affairs - September, 2016
Savings, Investment and Capital Formation
GDP measures the total output of goods and services for final use occurring within the domestic territory of a given country, regardless of the allocation to domestic and foreign claims. A part of this is consumed and what left after ..
Capital Formation in Economic Development
Development of a nation without the availability of adequate capital either in the form of physical capital or in the form of human capital is not possible. The higher the rate of capital formation (physical as well as human), the ..
Centre announces 30 per cent tax sop for industries in Bihar
On 20 August 2015 Central government announced 30 per cent income tax rebate for establishment of new manufacturing plants and machinery in 21 ‘backward’ districts of Bihar. In order to give boost to economy and to attract new manufacturing units ..
Month: Current Affairs - August, 2015
LIC launches maiden unit linked insurance plan (ULIP)
State run insurer, Life Insurance Corporation of India (LIC) has launched its maiden unit linked insurance plan (ULIP) product across the country. The ULIP which is also called as ‘New Endowment Plus’ offers investment-cum-insurance provision during the term policy providing ..
Month: Current Affairs - August, 2015
Haryana government signs MoU with United Technologies
Haryana Chief Minister has signed an MoU with the Connecticut-based firm United Technologies for setting up a facility to manufacture air conditioners in Gurgaon and to expand its operations in Haryana. As per the MoU United Technology will set up its air conditioner business ..