Monthly archives: February, 2013

Procedures for Foreign Portfolio Investors Simplified-Several Measures Announced to Strengthen Capital Markets

Terming the Indian markets as amongst the best regulated the Finance Minister announced several measures to strengthen the capital market regulator SEBI on the eve of its Silver Jubilee. The Depository Participants authorized by SEBI will now register different classes of portfolio investors subject to compliance with KYC guidelines doing away with different procedures and …

Budget Summary

The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this asmool mantra, the Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4.8% of GDP. Presenting the Union Budget in Parliament …

Highlights of the Budget

The Union Budget for 2013-14 aims at higher growth rate leading to inclusive and sustainable development as ‘mool mantra’. ·        Finance Minister makes three promises: to women, youth and the poor. ·        Nirbhaya Fund to empower women and to keep them safe and secure. ·        Proposal to set up India’s first Women’s Bank as a public sector bank. …

Finance Minister Proposes Special Focus on Green Revolution in 2013-14; Outlay Increased to Boost Agriculture Production

An allocation of Rs. 1000 crore has been proposed in the budget 2013-14 to continue support to the new green revolution in Eastern States like Assam, Bihar, Chhattisgarh and West Bengal to increase the rice production. An outlay of Rs. 500 crore is proposed for starting a programme of crop diversification that would promote technological …

Union Budget 2013-14

The Union Finance Minister, Shri P. Chidambaram giving final touches to the General Budget 2013-14, in New Delhi on February 27, 2013. The Ministers of State for Finance, Shri Namo Narain Meena and Shri S.S. Palanimanickam are also seen.

Microchip’s BodyCom™ technology is world’s first to use human body as a secure, low-power communication channel

Framework provides short-range, low-data-rate communication solution for securely connecting to wide range of wireless applications  27th February 2013 [NASDAQ: MCHP] — Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, has announced the launch of its BodyCom™ technology, which provides designers with the world’s first framework for using the human body …

Just Watch 17 Points for Budget 2013 – Umesh Shanmugam

The economy The finance minister has already committed that the fiscal deficit for FY13 and FY14 will be 5.3% and 4.8% of GDP, respectively. A lower number will be welcomed by the markets, provided it is credible. For example, with the failure of the spectrum auction, it might be difficult for the finance minister to …

CDE Announce Attendance at Bauma 2013 in Munich

Materials washing specialists CDE Global will be exhibiting at the Bauma exhibition in Munich, Germany from 15th to 21st April and will launch the latest M2500 mobile washing plant and AggMax portable logwasher. The M2500 was launched to the global market at Bauma 2010 and has since been installed in 20 countries throughout Europe, Middle …