Sat, Apr 29, 2017 | updated 04:58 PM IST

Patel assumes charge as RBI's the twenty-fourth Governor

Updated: Sep 05, 2016 13:48 IST      
Patel assumes charge as RBI's the twenty-fourth Governor

New Delhi [India], Sep 5 (ANI): The Reserve Bank of India's new Governor Urjit Patel, who has maintained a contrasting low-profile has assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013.

Patel has also served at the International Monetary Fund (IMF), where he was on deputation from the IMF to the Reserve Bank during 1996-1997, and in that capacity he provided advice on development of the debt market, banking sector reforms, pension fund reforms, and evolution of the foreign exchange market.

He was a Consultant to the Ministry of Finance (Department of Economic Affairs), Government of India, from 1998 to 2001.

Dr. Patel has worked closely with several central and state government high level committees, including the Task Force on Direct Taxes (Kelkar Committee), the High Level Expert Group for Reviewing the Civil and Defence Services Pension System, the Prime Minister's Task Force on Infrastructure, the Group of Ministers on Telecom Matters, the Committee on Civil Aviation Reforms and the Ministry of Power's Expert Group on State Electricity Boards.

There have been several publications in the areas of Indian macroeconomics, monetary policy, public finance, the Indian financial sector, international trade, and regulatory economics written by Dr. Patel. (ANI)

NITI Aayog rules out taxing agricultural income

Updated: Apr 29, 2017 15:54 IST     

Hyderabad (Telangana) [India], Apr 29 (ANI): Rubbishing claims of taxes being levied on agricultural income, NITI Aayog Vice Chairman Arvind Panagariya stated that there has been no such proposal put forth by the chamber.

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New Delhi [India], Apr 29 (ANI-BusinessWireIndia): The latest version of U-Dictionary Android app (v 2.6.1) now allows you to just Copy an English Word in a WhatsApp message and instantly get the meaning in your native language via Tap to Translate feature.

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New Delhi [India], Apr 29 (ANI-NewsVoir): 96 percent of organizations have Digital Transformation initiatives on their roadmap and more than half of those initiatives are in process now. There is obviously a huge appetite across enterprises to utilize innovation for competitive advantage and this places a huge burden on businesses to deliver access to services, data and apps, at any time and from anywhere 24.7.365.

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New Delhi [India], Apr 29 (ANI): The Ministry of Corporate Affairs (MCA) on Saturday sent notices to around two lakh inoperative companies ordering them to terminate operations and de-register themselves from the MCA.

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Time for India to be tax-compliant: Jaitley

Updated: Apr 29, 2017 13:06 IST     

New Delhi [India], Apr 29 (ANI): Introspecting the non-compliance of tax havens with currency and fiscal reforms, Union Finance Minister Arun Jaitley on Saturday asserted that it is important for the Indian economy to move from a non-compliant to a highly-compliant state.

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Join the Breathefree movement and #SAVEYOURLUNGS

Updated: Apr 29, 2017 11:53 IST     

New Delhi [India], Apr 29 (ANI-BusinessWireIndia): Our choice of living has made us vulnerable to many lifestyle diseases. Smoking, no physical activity, food preferences and environmental factors like dust storm and pollution are making our lungs weak.

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New Delhi [India], Apr 29 (ANI-BusinessWireIndia): Arch Academy of Design as a host partner institution in India with support of the Government of Rajasthan hosted an International Cultural Governance Workshop at Zorba, The Buddha, Ghitorni Delhi with collaboration of European Network on Cultural Management and Policy, Creative Europe, The Creative Enterprise Programme of the European Union, The University of Antwerp and The University of the Arts, London.

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New Delhi [India], Apr 29 (ANI-NewsVoir): OnePlus, a global mobile technology startup on Friday hosted the first edition of TEDxBangaloreSalon for 2017 - an initiative aimed at inspiring innovation, sparking discussion and promoting knowledge sharing.

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Direct Create to add 1000 makers to the platform

Updated: Apr 29, 2017 09:17 IST     

New Delhi [India], Apr 29 (ANI): Direct Create, a collaboration-based community platform built to rapidly scale the handmade sector on Friday announced its plans to bring in an additional 1000 makers along with a count of over 200 designers in the coming quarter.

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Amazon, Rocking Deals collaborate to sell refurbished phones

Updated: Apr 29, 2017 09:06 IST     

New Delhi [India], Apr 29 (ANI): E-commerce platform Amazon on Friday announced its partnership with Rocking Deals for the sale of refurbished phones within its 'seller warranty.'

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New Delhi [India], Apr 29 (ANI): Mobile and desktop advertising network AppsDiscover Technologies Pvt. Ltd on Friday announced the appointment of Muhammad Jumhari as the Country Head-Indonesia.

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CBDT inks two APAs with taxpayers

Updated: Apr 28, 2017 20:28 IST     

New Delhi [India], Apr.28 (ANI): The Central Board of Direct Taxes (CBDT) has signed two Unilateral Advance Pricing Agreements (APAs) with Indian taxpayers, strengthening the government's commitment to fostering a non-adversarial tax regime

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UK Iridium brings best of world to Kandivali

Updated: Apr 28, 2017 19:58 IST     

Mumbai [India], Apr 28 (ANI-Businesswire India):At a time when homes in Mumbai are getting more and more unaffordable, comes a breath of fresh air. Right in the heart of this bustling city, is an oasis of peace and comfort. Luxurious homes that are grand like your dreams, and well priced to suit your pockets! UK Iridium, a magnificent dream by UK Realty, brings you a 3.5 acres property that you can now call home!

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New Delhi [India], Apr 28 (ANI-NewsVoir): Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India, in collaboration with PHD Chamber and ONGC is organising a mega CSR Fair and Thematic Conferences from 4th to 6th May, 2017 at Pragati Maidan, New Delhi.

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H1B Visa issue might trouble India, says Arvind Subramanian

Updated: Apr 28, 2017 18:37 IST     

New Delhi [India], Apr 28 (ANI): Chief Economic Advisor Arvind Subramanian on Friday expressed his concern over the H1B Visa issue, saying that if we start getting restrictions on the visa then it is going to be a problem for India.

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New Delhi [India], Apr 28 (ANI-NewsVoir): OTTOEDGE, a full service automotive marketing agency based in India has been assigned as the official Creative, Digital and Media agency by MAN Trucks India which is a 100 percent subsidiary of MAN Truck and Bus AG, Germany, the world's leading manufacturer of trucks and buses.

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New Delhi [India], Apr 28 (ANI-NewsVoir): IndianBlueBook (IBB), the industry-first 'pricing and analytics' platform for new and pre-owned vehicles in India, today released its study "Residual Value Analysis of the Luxury Car Segment in India - 2017."

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New Delhi [India], Apr 28 (ANI-NewsVoir): Spaces, Amsterdam-born creative workspace pioneer, has launched its first location in Gurugram. Located in Cyber City, the newly launched facility marks the company's first Indian entry.

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New Delhi [India], Apr 28 (ANI-BusinessWireIndia): The Ministry of Electronics and Information Technology, Government of India, spearheaded a number of initiatives to promote digital payment solutions and cashless transactions in line with the Prime Minister's Vision of creating a "Digital India."

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OPPLE launches its revolutionary T5 batten

Updated: Apr 28, 2017 16:46 IST     

New Delhi [India], Apr 28 (ANI-NewsVoir): OPPLE, a global integrated lighting solutions company and one of World's Leading LED Lighting brand today unveiled their another revolutionary product, the LED T5 Plastic Batten.

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