RBI authorises 29 agency banks to accept payments of I-T dues

RBI has authorised 29 agency banks to accept payments of Income Tax dues. In a press release issued from Mumbai on Monday, RBI has appealed tax payers to remit their income tax dues sufficiently in advance of the due date. In order to minimize the hassle, tax payers can also use the facility of online … Read more

Heart diseases, cancer, diabetes & respiratory diseases increasing

The probability of dying pre-maturely from a non-communicable disease like cancer has gone up in India between 2010-2012 and it has emerged as the leading cause of fatalities globally, a WHO report said. The latest global status report on non-communicable diseases (NCDs) conducted by the World Health Organisation (WHO) states that the four main NCDs … Read more

India’s growth to reach 6.3 per cent in 2016

The United Nations today said India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year and 6.3 per cent in 2016. According to the United Nations World Economic Situation and Prospects 2015 report, India’s economy expanded by an estimated 5.4 per cent in 2014, an improvement from … Read more

$15 per hour minimum wage approved in Seattle US

The Seattle City Council unanimously passed an ordinance that would give the city the highest minimum wage in US. Socialist City Council Member Kshama Sawant, who after the council meeting called on the people of America to elect more independent and socialist candidates, said the push for a higher minimum wage is spreading across the … Read more

Remittances & money transfer to India up

The UAE Exchange, one of the global money transfer brands has said its total remittances business into India witnessed a growth of 6.44 per cent last year. This is the highest quantum since 2008. The annual remittance inflows crossed 7.18 billion dollar mark in 2013. Tamil Nadu, Kerala and Maharashtra were the biggest contributors with … Read more

Income inequality rising in countries like India – IMF

The net worth of India’s billionaire community has soared 12-fold in 15 years – enough to eliminate absolute poverty twice over in the country, where income inequality is also on the rise, according to the IMF. Seven out of ten people in the world today live in countries where inequality has increased over the past … Read more

Women in rural India – RGGVY empowered the rural women

Rajiv Gandhi Grameen Vidyutikaran Yojana(RGGVY) has made a significant difference to the lives of women in rural India. Various evaluation studies of RGGVY commissioned by Rural Electrification Corporation reveal that the programme has empowered the rural women. 75% of women surveyed in Rajasthan stated that they are able to work in the fields after electricity … Read more

Global Islamic Economic Summit in Dubai

A two day long Global Islamic Economic Summit, GIES gets underway in Dubai. More than 3000 business leaders, decision makers and Islkamic economy experts will attend the meet. The summit will be inaugurated by the Vice President and Prime Minister of UAE and the Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum. The event … Read more

Yoga once a week may relieve lower back pain

Practising yoga – an ancient Indian meditative practice – just once a week may be enough to provide lower back pain relief and reduce the need for pain medication, a new study has found. Researchers at Boston University School of Medicine (BUSM) and Boston Medical Center (BMC) have found that a weekly yoga class provided … Read more

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