GM India Launches Chevrolet Beat Diesel
General Motors India launched the much-awaited diesel version of its dynamic and elegant Chevrolet Beat today at a ceremony presided over by GM India Vice President P Balendran. The all-new … Read More
Category: Economics
Current affairs Updates -June 2011
Mahindra & Mahindra (M&M) has renamed its Logan car as Verito. Anup Bagchi has taken over as the MD and CEO of ICICI Securities. Veteran banker K.V. Kamath has been … Read More
Union Budget India 2011 Highlights
Standard rate of excise duty held at 10 percent; no change in CENVAT rates. Personal income tax exemption limit raised to Rs 180,000 from Rs 160,000 for individual tax payers. … Read More
China-The World’s Largest Economy
China has emerged as the world’s largest economy, surpassing Japan, which had held on to the position for over four decades. At the end of 2010, Japanese economy was estimated … Read More
Common Economic Terms
Floating Debt: Generally, any short-term debt, specifically, the part of the national debt that consists of short-term borrowing.Fringe benefits: Rewards for employment over and above the wager paid. e.g. goods … Read More
GK Based on Economics and Industry
1. In India the major export of iron ore is from (a) Visakhapatnam (b) Paradip (c) Marmugao (d) Haldia Answer : C 2. As an export item of India, which … Read More
India Union Budget 2011-2012-Key Highlights
· I-T exemption limit raised to Rs 1.80 lakh from Rs 1.60 lakh . · Exemption for senior citizens raised to Rs 2.5 lakh · Tax under women slab unchanged. … Read More
India’s forex reserves 4th largest in the world at $297.3 bn
NEW DELHI: The Economic Survey on Friday said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis . India’s foreign exchange … Read More
Guide to Money Matters-All about The Indian Currency
Money as a means of payment, consists of coins, paper money and withdrawable bank deposits. Today, credit cards and electronic cash form an important component of the payment system. For … Read More
India, Malaysia Ink Free Trade Pact
India signed a comprehensive economic cooperation agreement (CECA) with Malaysia, which will come into effect on 1st July 2011. The agreement with Malaysia gives its doctors, accountants, two-wheelers, cotton garments … Read More