June 16-June 30, 2012
News Trends & Analysis
13th President to Elected This Month
India will have its 13th
President elected on July 19, 2012 with two senior leaders in the fray. The former Finance Minister, Mr Pranab Mukherjee and Former Speaker of Lok Sabha, Mr P A Sangma, are contesting the elections for the highest post in the country, reports said.
PM Backs Growth, to Revive Sentiment
Prime Minister, Dr Manmohan Singh, who has decided to keep the Finance Ministry under his care after the resignation of Mr Pranab Mukherjee, who will be contesting the Presidential elections has assured investors that India will soon revert to a growth rate of nine per cent a year.
SEBI Supports e-Voting
The securities and exchange board of India (SEBI) has directed that listed companies should use electronic voting for seeking shareholder approvals to help bring greater shareholder participation in decision-making, reports said.
Fact Book on Indian Economy
In the midst of slowing growth prospects and criticism on policies from some rating agencies, the Union Finance Ministry has come out with a "fact book" listing the strengths of India such as political stability and sound financial system.
Our investment consultation and facilitation services have been steadily attracting numerous queries from Overseas Indians across geographies, round the clock. These include queries for guidance on tax, legal, investment, education, human resource (HR) services and pre-entry market exploration. Register and avail of our investment consulting and facilitation services.
© 2009 - 2012 OIFC. All rights reserved