GOVERNMENT
POLICY
‘Branch licensing cannot be reduced to quid pro quo’
Mumbai, Oct. 30 The US Treasury Secretary, Mr Henry M. Paulson, said his country is not keen on making market access for banks as a matter of bilateral quid pro quo in trade negotiations. He made this observation in the course of ...
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Bonus ordinance promulgated
The President has promulgated the Payment of Bonus (Amendment) Ordinance 2007, which raises the eligibility limit for payment of bonus from the salary or wage of Rs 3,500 per month to Rs 10,000 per month. The ordinance promulgated on October 27 ...
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AP Govt moves to strengthen education system
CM hints at public-pvt partnership for schools
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FINANCIAL POLICY
RBI guidelines on holding cos deferred to Nov-end
The Reserve Bank of India has postponed the date for issuing final guidelines on holding companies in banking groups, till the end of November.The bank had released a discussion paper on holding companies in banking groups and sought feedback, in ...
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HUMAN RESOURCES
Civil Service exam postponed
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