Saturday, December 10, 2016
 
 
 
 
 
 

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Armed forces are answerable to government: SC The Supreme Court on 28 October 2016 said Armed forces are answerable to the government ‘otherwise there will be martial law in the country’.
Startups can raise USD 3 million via ECBs annually: RBI Reserve Bank of India (RBI) on 27 October 2016 permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year. Under this, Funds can be raised with a minimum maturity of 3 years.
Union Cabinet approves New Productivity Linked Reward Scheme for port and dock workers The Union Cabinet on 27 October 2016 approved the New Productivity Linked Reward (PLR) Scheme for all Major Port Trusts and Dock Labour Board employees and workers for the years 2015-16 to 2017-18.
Union Cabinet approves agreement on Trade, Commerce and Transit between India and Bhutan The Union Cabinet, chaired by the Prime Minister Narendra Modi, on 27 October 2016 approved the agreement on Trade, Commerce and Transit between India and Bhutan.
Union Cabinet approves agreement between India and Estonia on the transfer of sentenced persons The Union Cabinet on 27 October 2016 approved the signing and ratification of agreement between India and Estonia on the transfer of sentenced persons.
Union Cabinet approves Cadre Review of Indian Posts & Telecommunications Accounts and Finance Service The Union Cabinet on 27 October 2016 approved the first Cadre Review of Indian Posts & Telecommunications Accounts and Finance Service (IP&TAFS).
Punjab Directorate wins NCC National Games Punjab Directorate on 27 October 2016 won the 2016 National Cadet Corp (NCC) National Games.
India, New Zealand sign three pacts including avoidance of double taxation India and New Zealand on 26 October 2016 signed three agreements in the areas of double taxation avoidance, food security and sports.
New species of millipede found in Sequoia National Park, California A group of researchers discovered a tiny threadlike millipede in the unexplored dark marble caves in Sequoia National Park in California.
World Bank releases report titled Doing Business 2017: Equal Opportunity for All The World Bank Group on 25 October 2016 released the report titled Doing Business 2017: Equal Opportunity for All.

 

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