The chief executive of Google, Sundar Pichai, has been awarded 199 million US Dollar in shares, a regulatory filing has revealed. It makes him the highest-paid chief executive in the US. Mr Pichai became chief executive of the search engine giant following the creation of its parent, Alphabet. The new award of shares takes Mr … Continue reading Google CEO Sundar Pichai gets $199 million stock award
The Income Tax department has issued refunds worth one lakh crore rupees till January in the current fiscal. In a tweet, Revenue Secretary Hasmukh Adhia said, Income Tax department has so far issued refunds to one lakh 75 crore assesses in 10 months of 2015-16 fiscal. He said, this refund has created major relief to … Continue reading IT dept issues refunds worth Rs 1 lakh cr till Jan in current fiscal
Facebook founder and chief Mark Zuckerberg has expressed disappointment on the Telecom Regulatory Authority of India TRAI’s decision backing net neutrality. Zuckerberg said in a post on the Facebook on Monday, that the TRAI’s dcision restricts one of the Internet.org’s initiatives, Free Basics, as well as programmes by other organisations that provide free access to … Continue reading Facebook disappointed over TRAI’s decision on net neutrality
China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said today, as Beijing sells dollars to stop the yuan from depreciating further. The world’s largest currency hoard shrank by 99.5 billion US Dollar in January to some 3.2 trillion US Dollar , the People’s Bank of … Continue reading China’s foreign exchange reserves dip to lowest level
AMN / The Prime Minister, Narendra Modi, today dedicated the state of the art Paradip Refinery in Odisha, to the nation. Addressing the large gathering on the occasion, the Prime Minister said he appreciated the participation of a such a large number of people in an official programme related to development. Remembering former Chief Minister of … Continue reading PM dedicates Paradip Refinery to the nation
TIA NEWS / Prime Minister Narendra Modi has said the Government is targeting to reduce country’s oil import dependence by 10 per cent by 2022 by creating policy environment that supports raising domestic output and mixing bio-fuels like ethanol in auto fuels. Dedicating Indian Oil Corporation’s new state of the art refinery at Paradip in … Continue reading Govt to reduce country’s oil imports by 10% in next 6 years
Union Minister for Communications and IT Ravi Shankar Prasad has said that Digital India campaign is designed to empower the country and bridge its digital divide. In his key note address to the annual India Conference 2016, organised by the Harvard Business School and Harvard Kennedy School in Boston yesterday, the minister stressed upon the … Continue reading Digital India campaign empowering nation: Minister
Finance Minister Arun Jaitley Saturday said the Centre expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them. Speaking to media after Pre-Budget Consultations with Finance Ministers of States and Union Territories in New Delhi, Mr. Jaitley said the Centre will extend all … Continue reading Jaitely asks States to increase spending on infrastructure, poverty alleviation schemes
AMN / Finance Minister Arun Jaitley has said that the government has to make provision of 1.1 lakh crore rupees in the new budget to meet the liabilities on account of implementation of 7th Pay Commission, PC, recommendations and One Rank One Pension,OROP for ex-servicemen. Addressing the Parliamentary Consultative Committee meeting of his Ministry in … Continue reading Govt. to provide Rs one-lakh crore in Budget to implement pay commission; OROP
IMF Chief Christine Lagarde has hoped that India would be able to implement a series of critically important economic reforms for unleashing the country’s growth potential. Speaking at the University of Maryland in Washington DC Friday, she said the IMF growth forecast for the country hovers around 7.5 per cent for the 2016-17 fiscal. Noting … Continue reading IMF hopes India be able to implement important economic reforms
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