International Monetary Fund (IMF) projected that India will grow 6.5 per cent in 2016, overtaking China which, it projected, will slowdown to 6.3 per cent
Expenditure management commission of India--
It is a commission with primary responsibility of suggesting major expenditure reforms so that the high Fiscal Deficit can be contained to sustainable level.The commission will be submitting the Interim Report before the presentation of Budget 2015-16 and the Final Report will be submitted before the 2016-17 budget
There are declared three types of emergencies which are declared by president.
1 National emergency under article 352
2 State Emergency Under Article 356
3 Financial emergency under article 360. (Diff of 4)
IOC is the only Indian company featuring in the top 100 at the 96th position, although down from 88th last year.
There are five state-run and three private sector companies including two from Tata group (Tata Motors and Tata Steel). Reliance Industries is placed at 114th position, followed by Bharat Petroleum (242), Hindustan Petroleum (284), Tata Motors (287), State Bank of India (303), ONGC (424) and Tata Steel (486).
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NEW APPOINTMENTS
1. Justice P Sathasivam - next (40th) Chief Justice of India (CJI) (by suceeding Altamas Kabir).
2. K N Shanth Kumar - PTI Chairman (succeeded R Lakshmipathy)
3. K R Kamath Re-Elected - Chairman of Indian Banks' Association (IBA).
4. Rami Hamdallah - New Prime Minister of Palestine.
5. Sudha Sharma - New CBDT chief.
6. Thomas Mathew - New Chairman Of LIC succeeded D K Mehrotra, retired on 31 May.
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1. First President of India - Dr. Rajendra Prasad.
2. First Woman President of India - Mrs. Pratibha Patil
3. First Vice President ofIndia - Dr. S. Radhakrishnan.
4. First Muslim President ofIndia - Dr. Zakir Hussain.
5. First Sikh President of India - Giani Jail Singh.
6. First Prime Minister of India - Pt. Jawahar Lal Nehru
7. First Woman Prime Minister ofIndia - Mrs. Indira Gandhi.
8. First Speaker of the Lok Sabha - G.V. Mavlankar.
9. First Chief Justice ofIndia Justice - H.L. Kania
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Current positions:
Attorney General of India Goolam Essaji Vahanvati
Central Vigilance Commissioner Pradeep Kumar
Chairman, ISRO K Radhakrishnan
Chairman, LIC S K Roy
Chairman, NABARD Prakash Bakshi
Chairman, NASSCOM Krishnakumar Natarajan
Chairman, National Knowledge Commission Sam Pitroda
Chairman, Planning Commission Manmohan Singh
Chairman, Press Council of India Markandey Katju
Chairman, Press Trust of India R Lakshmipathy
Chairman, SEBI U K Sinha
- See more at: http://freembastuf.blogspot.in/2013/07/taxation-in-india.html#c6