India’s exports for the months of April 2011 – February 2012 have registered a growth of 21.4%, at US $ 267.4 billion. Interacting with the media persons here today, Shri Rahul Khullar, Commerce Secretary, informed that during the same period the imports were US $ 434.2 billion with a growth of 29.4% and a Balance of Trade stood at US $ (-)166.8 billion, during the same period. Shri Khullar also informed that India’s exports in February 2012 were US $ 24.6 billion with 4.3 % growth and imports stood at US $ 39.8 bn with growth of 20.6% Balance of trade for the month of February 2012 stood at (-) 15.2 billion US $.

The Telecom Regulatory Authority of India (TRAI) has released Consultation paper on Auction of Spectrum on 7th March,2012. Written comments on the issues raised in the Consultation paper are invited from the stakeholders by 21st March 2012 and counter-comments by 28th March 2012. Stakeholders have been asked to send their comments by due dates as there will be no further extension of timelines. The comments and counter-comments may be sent, preferably in electronic form.

In his Budget Speech for 2010-11, the Union Finance Minister Shri Pranab Mukherjee had announced his intention to bring out a status paper giving detailed analysis of the Government’s debt situation and a road map for curtailing the overall public debt.

The Union Finance Minister Shri Pranab Mukherjee said that setting up of Infrastructure Debt Fund through public private partnership would meet the long term need of infrastructure sector funding. The Finance Minister Shri Mukherjee said that he is confident that the establishment of Infrastructure Debt Fund through PPP model would be a guiding principle for our future activities. The Finance Minister said that funs to the tune of 1Trillion US$ would be required for Infrastructure Sector Funding in next five years, out of which 50 percent would come from private sector through PPP model.

The Budget 2012-13 will be announced on March 16, 2012 by the Finance Minister Pranab Mukherjee. There are a lot of expectations from Budget as the economy of the country is not yet stable and after effects of recession can still be felt. The European Union economic crisis is also having a negative effect on the Indian economy

LIC’s Jeevan Vriddhi is a single premium plan wherein the risk cover is a multiple of premium chosen by you. On maturity this plan offers a Guaranteed Maturity Sum Assured and Loyalty Addition, if any.

National Legal Mission to Reduce Average Pendency Time from 15 Years to 3 Years National Litigation Policy Document Released The Centre has formulated a National Litigation Policy to reduce the cases pending in various courts in India under the National Legal Mission to reduce average pendency time from 15 years to 3 years. This was [...]

As per the provisions of rules 51 & 54A of Conduct of Elections Rules, 1961 read with sub-rules (1) & (2) of rule 27 of Conduct of Election Rules, 1961, covers containing postal ballot papers received by the Returning Officers upto the time fixed for commencement of counting shall be taken into account for counting. There is no prohibition in Law that the votes on postal ballots cannot be recorded or received after the date and time fixed for taking poll at polling stations.

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