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Showing posts from August, 2013

RECENT LIBERALIZATION IN FOREIGN DIRECT INVESTMENT (FDI) LIMITS IN INDIA

An investment made by a company or entity based in one country, into a company or entity based in another country, in order to acquire management control and profit sharing or the whole ownership of an accredited company operating is called Foreign Direct Investment (FDI). It plays an extraordinary and growing role in global business. FDI in India is subject to certain Laws, Rules and Regulations and is also subject to predefined limits in various sectors which range from 20% to 100%. There are also numerous sectors where in FDI is not permitted by the Union Government of India. From time to time the FDI limits are reviewed by the Government as per its need. FDI is permitted in new sectors where the limits of investment in the existing sectors are modified accordingly. In order to liberalize the FDI limits to attract more foreign Investor in India, the Union Government of India constituted a committee named, Arvind Mayaram (Rajasthan Cadre IAS Officer) Committee headed by the Economic

ADVERTISEMENT IN INDIA – LEGAL ASPECT

An advertisement is defined as a paid-for communication, addressed to the public or a section of it, the purpose of which is to influence the opinions or behavior of those to whom it is addressed . Advertisements can now be seen on electronic media whereas previously one could only see them in the print media, meaning thereby, it now has a wider canvas and has even more greater influence on the society including illiterates through television channels. This influence has become a great cause of concern for the people at large and statutory bodies nowadays, even big corporate with high reputation have indulged themselves into promoting misleading advertisement which usually have greater impact on the large section of society.   False Ad : ―Any advertising or promotion that misrepresents the nature, characteristics, qualities or geographic origin of goods, services or commercial activities constitutes a false-ad.   Regulator of Advertisements: Advertising Standards Council of India (―AS

Factors that Influence Exchange Rates

Aside from factors such as "interest rates" and "inflation", the " exchange rate "  is one of the most significant determinants of a country's relative level of  economic health. It play a vital role in a country's level of trade, which is  critical to most every free market economy in the world. Major Forces Behind Exchange Rate Movements: A higher currency makes a country's exports more expensive and imports cheaper  in foreign markets; a lower currency makes a country's exports cheaper and its  imports more expensive in foreign markets. A higher exchange rate can be expected to lower the country's balance of trade, while a lower exchange rate  would increase it. Determinants of Exchange Rates : Exchange rates are relative, and are expressed as a comparison of the currencies of two countries. (i) Inflation : As a general rule, a country with a consistently lower inflation rate exhibits a rising currency valu

Bradley Manning Trial

Statement by Julian Assange on Verdict in Bradley Manning Court-Martial 30 July 2013, 19:30 UTC Today Bradley Manning, a whistleblower, was convicted by a military court at Fort Meade of 19 offences for supplying the press with information, including five counts of 'espionage'. He now faces a maximum sentence of 136 years. The 'aiding the enemy' charge has fallen away. It was only included, it   seems, to make calling journalism 'espionage' seem reasonable. It is not. Bradley Manning's alleged disclosures have exposed war crimes, sparked revolutions, and induced democratic reform. He is the quintessential whistleblower. This is the first ever espionage conviction against a whistleblower. It is a dangerous precedent and an example of national security extremism. It is a short sighted judgment that can not be tolerated and must be reversed. It can never be that conveying true information to the public is 'espionage'. President Obama has ini