Monday, 25 February 2019

#Oscar awards 2019

February 25, 2019 0
Best picture

                           Green Book is American biographicalcomedy-drama film directed by Peter Farrelly. Set in 1962, the film is inspired by the true story of a tour of the Deep South by African-American classical and jazz pianist Don Shirley (Mahershala Ali) and Tony Vallelonga(Viggo Mortensen), an Italian-Americanbouncer who served as Shirley's driver and bodyguard.
Green Book won the People's Choice award at last year's Toronto Film Festival - an award seen by many as a reliable indicator of Oscar glory. Yet the film would soon run into a number of public relations potholes that made last night's win seem like a remote possibility.

Best Original Sound

Paul Massey, Tim Cavagin and John Casali, winners of Best Sound Mixing for "Bohemian Rhapsody,"
shallow  A shallowportion of an otherwise deep body of water. quotations The ship ran aground in an unexpected shallow.


February 25, 2019 0

            The Institute of Company Secretaries of India is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India. It is a premier national professional body set up under the Parliament act of, the Company Secretaries Act, 1980. ICSI functions under the jurisdiction of the Ministry of Corporate Affairs, Government of India. The Institute provides top-quality education to the students of Company Secretaries (CS) Course and best quality set standards to CS Members. At present, there are more than 50,000 members and about 4,00,000 students on the roll of ICSI.
ICSI Headquarter - New Delhi
four Regional Offices- 1) New Delhi 2) Chennai,3) Kolkata, 4)Mumbai and 70 Chapters across India.

ICSI has been contributing to the initiatives of Government of India that have the potential to excel the social-economic growth of India.

Saturday, 23 February 2019

#Pulwama# terror attack

February 23, 2019 0
Pulwama terror attack: India hikes import duty on Pakistan goods to 200 per cent

New Delhi: Taking strong economic action against Pakistan following the Pulwama terror attack, India on Saturday raised the customs duty to 200 per cent on all goods imported from the neighbouring country, including fresh fruits, cement, petroleum products and mineral ore.

The decision would significantly hit Pakistan’s exports to India, which stood at $488.5 million (around Rs 3,482.3 crore) in 2017-18 as it would drastically increase the prices of its goods here.

“India has withdrawn MFN (most favoured nation) status to Pakistan after the Pulwama incident. Upon withdrawal, basic customs duty on all goods exported from Pakistan to India has been raised to 200 per cent with immediate effect,” finance minister Arun Jaitley said in a tweet.

The two main items imported from Pakistan are fruits and cement, on which the current customs duty is 30-50 per cent and 7.5 per cent, respectively. Slapping an import duty of 200 per cent effectively means almost banning the imports from Pakistan, official sources said.

Meanwhile, a dossier, nailing the culpability of Pakistan in the terror attack in Pulwama, will be given to the Financial Action Task Force (FATF), an international terror financing watchdog, to expose the neighbouring country’s links with terrorism and seeking its blacklisting, officials said.

The FATF blacklist means the country concerned is “non-cooperative” in the global fight against money laundering and terrorist financing.

If the FATF blacklists Pakistan, it may lead to downgrading of the country by multilateral lenders like International Monetary Fund, World Bank, Asian Development Bank, EU and also a reduction in risk rating by Moodys, S&P and Fitch.

The Paris-headquartered FATF will also be told through the dossier how the Pakistani agencies are providing funds to the JeM, the official said.

In the next meeting of the FATF, India will also press for the blacklisting of Pakistan so that that action can be taken against the country, another official said. The FATF plenary and working group meetings will be held in Paris next week.

India on Friday revoked the MFN status to Pakistan in the aftermath of the Pulwama terror attack. The country invoked a security exception clause of the World Trade Organisation (WTO) to withdraw this status. Both the countries are member of this organisation.

India can also restrict trade of certain goods and impose port-related restrictions on Pakistani goods.

Friday, 22 February 2019


February 22, 2019 0

The common man who invested his lifelong savings in buying real estate had very limited rights. To protect and safeguard the interests of the home buyers and to ensure that they are not exploited by the developers/builders – the govt of India introduced the RERA Act to protect the interests of the property buyers.

What is RERA?

RERA stands for Real Estate Regulations Act and was introduced in 2016 to protect the interests of the home buyers. The main aim of RERA is to provide relief to the buyers from the malpractices of unfair builders.

RERA specifies certain norms for building and development of real estate which will enhance the transparency in transactions in the real estate sector.

RERA Rules

An Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment of building, as the case may be, or sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy dispute redressal and also to establish the Appellate Tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority and the adjudicating officer and for matters connected therewith or incidental thereto

As late as 31 October 2016, Central Government, released the Real Estate (Regulation and Development) (General) Rules ml 2016, vide Notification by the Ministry of Housing & Urban Poverty Alleviation(HUPA).The Rules so issued by the Central Government are applicable to the five Union Territories without Legislature viz., Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep, and Chandigarh. The Rules have been issued after the prior release of Draft for comments.

Sunday, 17 February 2019

Why India’s New Defense Budget Falls Short

February 17, 2019 0
India’s New Defense Budget Falls Short The new budget does little to advance the very objectives the country has outlined for itself. On February 1, India’s acting Finance Minister Piyush Goyal (presented the Indian interim budget for 2019-20. Unsurprisingly for an election year, there was a big focus on agriculture and social sectors, and the defense allocation was certainly not the highlight. Specifically, Goyal, in his speech said, “Our Defence Budget will be crossing 3,00,000 crore rupees [INR 3 trillion or about $42 billion] for the first time in 2019-20. For securing our borders and to maintain preparedness of the highest order, if necessary, additional funds would be provided.” Newspaper headlines highlighted the fact that the defense budget had crossed the INR 3 trillion mark. But the key question is if this is sufficient against the backdrop of growing security challenges and the life-cycle driven military modernization that Indian military forces urgently require. In fact, the defense allocation in real terms has gone down if one were to look at the rate of inflation and foreign exchange depreciation over the last year. Commenting on the defense budget, Air Marshal Nirdosh Tyagi, a former Deputy Chief of Air Staff, said, “Last defense budget had increase of just about 7.7 percent over the previous year. Inflation and rupee depreciation more than neutralized this. Thus, no increase in real terms.” Other commentators also echoed this general sentiment that Indian defense budget has stagnated. With major plans for defense modernization on the anvil, the current defense allocation is far too meager to make any meaningful progress. In fact, in the last few years, each Indian defense budget has been criticized as being the lowest budget allocation since the 1962 war with China. Indian defense spending in the pre-1962 phase was about 1.5 percent of GDP annually, going up only as a consequence of the disastrous border war with China in late 1962 and the rebuilding of the Indian military that took place subsequently. It peaked at over 4 percent of GDP in the mid-1980s, according to the World Bank (based on SIPRI data), declining since then. The government has made a total allocation for the defense of INR 4.31 trillion which is slightly over 6.35 percent of the revised estimates for 2018-19. The total Ministry of Defense (MoD)
the budget includes all allocations to the Ministry of Defense, revenue allocations to the three services, Defense R&D Organization (DRDO) and Ordnance Factories and capital allocations to these entities and also defense pensions. Thus, the actual allocation for the defense forces is only INR 3.01 trillion, of which only a third (INR 1.03 trillion) is allocated for capital expenditure, which goes into modernization of the military. Analysts have provided a further break down of the budget in terms of the modernization funds available to army, navy and air force which shows that the resource crunch will continue to be a major problem for all the services. Most of the 6.3 percent hike in the defense budget actually goes to meet the salary and pension requirements, thus making the allocation for modernization a lot smaller than even the previous year. A quick look at the modernization budget shows that the Air Force has got the largest share at INR 363.7 billion followed by Army and the Navy at about INR 220 billion. Why does the continuing almost-stagnant defense allocation create anxieties? This year’s defense allocation is despite the Parliament Committee Report of 2018 which highlighted the serious deficiencies faced by the Indian military. India’s Vice Chief of Army Staff, Lt. Gen. Sarath Chand had last year made a case for increasing the budget, telling a parliamentary panel that the budget “has dashed our hopes”. He pointed to the possibility of a two-front war and to the continuing threats that India faced, saying India did not have sufficient funds for emergency necessary purchases, and the army did not have sufficient war reserves to fight a high-intensity war for more than ten days. He is not likely to be pleased with this year’s budget either. More recently, the Indian Army has released its Land Warfare doctrine which clearly emphasizes a two-front threat scenario (China-Pakistan) for which the Indian Army has to be prepared against, signifying a shift from the single-threat scenario, which was the predominant thinking until a decade ago. Similarly, last year the Indian Air Force (IAF) conducted the Gagan Shakti exercises reportedly with a two-front war scenario. It is somewhat surprising that a nationalist government that prides itself on a muscular foreign policy devotes so little for defense. While the current budget may be dictated by the impending elections and the need for providing sops to various domestic groups, that does not explain the consistently lower defense budget for several years. This also has an impact on India’s strategic options: India’s much softer approach to China over the last year may very well be dictated by the realization that New Delhi simply does not have the military capacity to do anything else.

Saturday, 16 February 2019

about pnb metlife

February 16, 2019 0
about pnb metlife
Life Insurance Companies


Name of Insurance Company
Life Insurance Corporation of India


Name of Insurance Company
Aegon Life Insurance Co. Ltd
Aviva India Life Insurance Co. Ltd.
Bajaj Allianz Life Insurance Co. Ltd.
Bharti Axa Life Insurance Co. Ltd
Birla Sunlife Insurance Co. Ltd.
Canara HSBC OBC Life Insurance Co. Ltd.
DHFL Pramerica Life Insurance Co. Ltd.
Edelweiss Tokio Life Insurance Co. Ltd.
Exide Life Insurance Co. Ltd.
Future Generali India Life Insurance Co. Ltd
HDFC Standard Life Insurance Co. Ltd.
ICICI Prudential Life Insurance Co. Ltd.
IDBI Federal Life Insurance Co. Ltd.
India First Life Insurance Co. Ltd.
Kotak Life Insurance Co. Ltd.
Max Life Insurance Co. Ltd
PNB MetLife India Insurance Co. Ltd.
Reliance Nippon Life Insurance Co. Ltd.
Sahara India Life Insurance Co. Ltd.
SBI Life Insurance Co. Ltd.
Shriram Life Insurance Co. Ltd.
Star Union Dai-ichi Life Insurance Co. Ltd.
TATA AIA Life Insurance Co. Ltd.

Wednesday, 7 November 2018

theories of international trade ppt

November 07, 2018 0
Different International Trade Theories

 The contemporary theory of international trade is a growth of the general stability theory of value. This theory was put forward by Bertil Ohlin, a Swedish economist, and it's replaced the traditional comparative cost theory. As individuals specialize in economic action by which they've comparative benefits, similarly states concentrate on the creation of specific commodity by which they've comparative benefit on the basis of factor endowments. As differences in individual capacities are the main reason for exchange between people, similarly differences in variable costs is the main reason for international trade. Bertil Ohlin thus extends the investigation that's applicable to one market to the conclusion of values globally i.e. 

Exchange between different countries. Thus, Ohlin observes International trade is, but a particular instance of inter neighborhood or inter regional trade. Therefore, based on Ohlin, there is no requirement to have different theory of international trade. He says the same basic principle holds good of all trade, while it's internal trade or international trade. The classical theory of relative cost is based on the premise of relative immobility of the factors of creation as between different nations. 

However, Ohlin points out that this immobility will be located even in different areas of the same nation. Based on Ohlin, the immediate cause of global trade is the distinction in commodity costs which in turn is a result of the differences in factor prices. Goods are purchased because it cheaper to get them from outside the country. The institution of the rate of trade between the two nations facilitates the comparison involving the commodity rates prevailing in the two nations. 

Therefore, in Ohlins opinion there are no basic differences, but only quantitative differences in between inter regional and international trade. Ohlins concept represents a departure from the classical concept and marks a great improvement on it. Gain from International Trade: The profit from international trade depends upon the Terms of Trade i.e., the speed at which the goods of one nation are traded for the goods of the other nation. At these example in these above section, in nations A and B, creation with equal units of work and capital will be! A20 tooth brushes and 20 kg of sugar. 

B15 tooth brushes and 10 kg. Of sugar. Total creation in A and B = 35 tooth brushes and 30 kg. Of sugar. But if they concentrate, A will use both units of effective power for sugar and B for tooth brushes. A will consequently produce with 2 units of effective power40 kg. Of sugar. B will produce with 2 units of effective power30 tooth brushes. Comparing these two positions, we find that with specialty, there's a gain of 10 kg. Of sugar and a loss of 5 tooth brushes on these whole. Referring back to our equation, we see that 10 kg.