Saturday, March 15, 2008

Top News

·         As per Budget, PAN Card will be made mandatory for more financial transactions.

·         The Kerala government has proposed Poovar in Thiruvananthapuram district as a viable spot for setting up a world-class shipyard.

·         The Central Government has shot down the proposal from Kerala government to fly its own airline to certain international destinations.

·         The new citizenship test introduced by Australia 'does not adversely' affect persons of Indian origin – as per Central Government.

·         Bill payments of BSNL land phone (Trivandrum) and BSNL Mobile (all India) can be now done using SBI Internet Banking.

·         Indian budget waives farm loans in a big way & reduces income tax rates. Short term capital gains tax for capital market gains raises to 15%.

·         UAE officials are working with the Government of Kerala to develop a Dh1.8 billion Sky City project at Kochi. The proposal involves building an eight kilometre-long elevated highway.

·         The Kerala government will soon kick off measures to develop IT parks in all the 14 districts in the state.

·         The government is considering bringing parity between Overseas Indian Citizens (OIC) and Non-Resident Indians (NRI) in admission and scholarship programmes.

·         The Middle East's first low-cost airline Air Arabia will add the city of Kozhikode in Kerala to its list of destinations in India effective Feb 26.

·         Later this year, Kerala will hold a global meet of Keralites living outside the state, Governor RL Bhatia told.

·         The tourism sector in Kerala appears to be doing well with 19.43 percent increase in foreign tourist arrivals.

·         NRI Labour MP Keith Vaz on Thursday said that the British government's decision to impose a new "immigrant tax" on foreigners coming to the country might be discriminatory.

·         Air India Express has allowed 15 additional weekly Gulf flights from the three Kerala airports.

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