Page-2 of Current Affairs - June, 2012

Finance Ministry suggests monetary limit in draft guidelines to invoke GAAR

To attend to investor apprehensions over taxation issues, the Finance Ministry has proposed a monetary limit for invoking the contentious General Anti-Tax Avoidance Rules (GAAR) in its draft guidelines. As per the guidelines, GAAR provisions would be invoked only in ..

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Coca Cola to invest 5 billion dollars in India by 2020

Coca-Cola Company announced that it would invest $5 billion in the country between 2012 and 2020. The company aims to double its business visualizing vast growth opportunities in the country. The company directly hires more than 25,000 people in India ..

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The Indian Embassy in UAE to hold Open Days

The Indian Embassy in UAE decided to organize Open Days on a regular basis on the first Sunday of each month. The move aims to attend to the grievances of the local Indian community regarding consular, community and other matters.

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India, Israel sign agreement to enhance bilateral relation in the Tourism Sector

India and Israel signed an MoU to promote the bilateral relation in the tourism sector. Israel, under this pact, will set up a tourism office in Mumbai and amplify the frequency of flights to India. Israel will invest $ 660000 ..

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South Africa to host Champions League T20

South Africa will host the 4th edition of the Champions League Twenty20 to be held in October, 2012 with Pakistan’s Sialkot Stallions being the new entrant. The tournament has been shifted out of India due to the Monsoon and the ..

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India’s biggest environment problem is poverty – Rama Sarni

Introduction India is in a stage of transition, in its adolescence if you may. Compared to US which enjoys 230 years of independence, India will soon complete just its 63rd independence day. India’s age is a fourth of America’s. Which ..

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Third Industrial Revolution – What are Drivers? – DK Majhi

Throughout the history, economic transformation occurs when new energy system occurs and converge with new communication technology.The new form of communication become the medium for organising and managing the civilisation with the help of new source of energy. In this ..

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India’s Biggest Environmental Problem is Poverty – Palak Chandra

India, the third largest economy in the world, is flooded with many social, political, cultural, and environmental issues. All such issues are interlinked with each other in one or the other way. The issues which are of major concern these ..

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