India's one of the leading public sector bank Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect. In dollar terms, the revised interest rates for deposits of one year and above, but less than two (2)…
Indian Household Savings Decline to 22.3 % in 2011-12: RBI survey
While financial savings rate fell, physical saving rate rose as households turned to physical assets as inflation hedge The Reserve Bank of India (RBI) on recently expressed concern over steadily falling savings & investment rates, especially the financial savings by ho…
TCS On Sale Of Gold Coins In Cash..!
FINANCE BILL, 2013 (2013-14) - CLARIFICATION ON AMENDMENT TO SECTION 206 - C OF INCOME-TAX ACT DEALING WITH TAX COLLECTION AT SOURCE (TCS) ON SALE OF BULLION OR JEWELLERY IN CASH Currently, sale in cash of bullion (excluding coin or / any other article weighing 10 grams or /…
2012: Gold Sales Rise 6%
Gold sales registered a 6% growth in 2012 depite spurt in the precious metal's prices in recent years, a top official of the World Gold Council said. Mr. Vipin Sharma, Director (Jewellery) WGC said, “The total sales volumes of gold for 2012 stood at Rs 2.47 lakh crore a…
Dabur India First to List on MCX-SX..!
India's FMCG major Dabur India is the first company to list on the newly launched MCX-SX. Apart from Dabur India ,Pennar Industries & DPSC too have listed. As per the listing fee structure, MCX - SX is not charging any processing fee or / initial listing fee. The initi…
VGN: Premium Residential Project on ECR, Chennai..!
Chennai Super Kings’ captain Mr. M.S. Dhoni launched “Chennai
Super Kings is a great platform to connect with customers,” says Mr. Pratish
Devadoss, Managing Director, VGN Developers. The
Chennai city -based developer, a principal sponsor of the Indian Premier League
franchis…
ARCHITECT’S DUTY TOWARDS SOCIETY..!
- Dr Justice AR Lakshmanan A rchitects are
said to build not only a beautiful city but also a
lovely society. They are revered for their artistic approach. Once they
were not even recognised and were considered draughtsman. But as the society
developed and more and
more comme…
16th Somani Studio Showroom in Chennai
S omany Ceramics
Ltd one of the leading players in the Indian ceramic industry inaugurated its
16th ‘Somany Studio Showroom’ at Srinivaska Enterprise Chennai. The
showroom was inaugurated by Mr. Reji John – DGM, Somany Ceramics Ltd. Speaking
on the occasion, Mr Reji John – DGM…
India Bhishma Award for Radhakrishnan..!
Mr.
R. Radhakrishnan, All India Past President & Trustee of Builders Association
of India (BAI) has been conferred with India Bhishma Award
2013. He has been honoured with the award on the occasion of 40th
convention of International Federation of Asian and Western Pacif…
Outstanding contribution to Real Estate Award: CREDAI Honors Mr. Irfan Razack..!
Mr.
Irfan Razack, Chairman & Managing Director, Prestige Group, was awarded the
prestigious ‘Outstanding contribution to Real Estate’ award at the
Confederation of Real Estate Developers’ Associations of India (CREDAI)
awards held on recently. Mr.
Irfan Razack was confer…
