Volume - 3 No. 54 3RD OCTOBER, 2013 %$ivate Ci$!ulatio" o"l& E'ito$ i" C(ie): DR. *+,-ORE C. %.

.D-/ %u0lis(e' 0& t(e Di$e!to$ o" 0e(al) o) +"stitute o) 1a"a2eme"t 3 +")o$matio" ,!ie"!e Swagat Vihar, Bankuala Bhubaneswar-751002 Orissa, India Tel.: !1-"7#-"5#225"$ 57 %-&ail: k'(adh)*i&is.a'.in Co"t$i0uti"2 E'ito$:
1R. C-.NDR.,E*-.R %.ND. %4D1 52013-156 B.TC-

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Re7o Rate +BI in'reased re(, rate b) 0.25 basis (,int t, 7.5- t, ',nte&(t in.lati,n. / rise in de(,sit rate is (r,bable but it will in'rease the ',st ,. b,rr,wing .,r h,useh,ld e.g 0,using 1,an. Bank2s ',st ,. .unds &a) de'line as 3arginal Standing 4a'ilit) 53S46 rate ha7e redu'ed b) 75 basis (,ints. 4D, The 8r,ss 9,&esti' Sa7ings 589S6 is :0.;- in 520126 while <hina has a high 89S ,. 5:-. 8% 1o$2a" => 3,rgan has been 'harged a (enalt) ,. ?S @!2, &illi,n ,7er ad&issi,n ,. wr,ng d,ing. The (enalties in'lude @:00 &illi,n t, be (aid t, he ?S O..i'e ,. the <,&(tr,ller ,. the <urren'), @200 &illi,n t, the 4ederal +eser7e, @200 &illi,n t, the ?S Se'urities and %A'hange <,&&issi,n and 1:7." &illi,n (,unds 5@21!.7# &illi,n6 t, the ?B2s 4inan'ial <,ndu't /uth,rit). +""ovative te!("i9ue o) )ili"2 E-Retu$" TaA (a)ers w,uld (a) taA, 'learing dues and get re.unds thr,ugh ,nline taA e-7ass0oo:s. It is as g,,d as &aintaining an indi7idual a'',unts. There is a relie. .,r ab,ut :.5 'r,re assesses. The .inan'e &inistr) said that the) are de7el,(ing an e- (,rtal in whi'h the details ,. the assesses regarding returns n,t .iled, returns n,t sub&itted and taA de&and n,t (aid t, indi7iduals w,uld be a7ailable. The taA(a)ers 'an als, ',&&ent ,n their indi7idual (r,ble&s s, that these 'an be res,l7ed s,,n with,ut g,ing int, hassles ,. n,ti'es and1s'rutin). The a'tual target is t, ',7er the n,n-.ilers ,. return.

N,E; <entral Bureau ,. In7estigati,n 5<BI6, 4,rward 3arket <,&&issi,n 543<6, and the 3inistr) ,. <,r(,rate /..airs 53</6 will l,,k at the (a)&ent 'risis ,. CS%1. The) w,uld l,,k int, their di..erent and res(e'ti7e Durisdi'ti,ns and the I.T de(art&ents w,uld l,,k int, the .inan'ial details ,. CS%1 t, see i. there is an) bla'k &,ne) in7,l7ed. / ',&&ittee headed b) /r7ind 3a)ara& has gi7en its re(,rt ,n CS%1 t, 4inan'e 3inister. <e$o i"te$est s!(emes +BI is against .inan'ing s'he&es .,r ',nsu&er durable dressed as Eer, interest s'he&es. =, ,(ut'o " /s 0,use ,. +e(resentati7e in ?S reDe'ted 8,7ern&ent bill, &aking its (assage ',nditi,nal ,n dela)ing Oba&a2s health'are re.,r&, ?S shut d,wn is i&&inent when 1 &illi,n w,rkers will be asked t, w,rk with,ut (a) and ; lakh w,rkers will be .url,ughed. The ',st w,uld be @:00 &illi,n a da) in l,st e',n,&i' ,ut(ut. +")$ast$u!tu$e T$ust #u"' 8,7ern&ent is thinking in ter&s ,. 'reating In.rastru'ture Trust 4und &u'h in line with +eal %state In7est&ent Trust 5+%IT6. R,ET+s +ural Sel. %&(l,)&ent Training Institutes 5+S%TIs6 has been set u( b) g,7ern&ent, in ea'h distri't ,. the ',untr) .,r basi' and skill de7el,(&ent training ,. the rural B>1 ),uth t, enable the& t, undertake &i'r, enter(rises and wage e&(l,)&ent. ,ove$ei2" C$e'it Outloo: 8l,bal ratings agen') 4it'h has u(graded India2s s,7ereign 'redit ,utl,,k t, stable .r,& negati7e. Real Estate T,( builders ha7e an uns,ld in7ent,r) ,. +s. 5;000 'r,re, a'',rding t, sur7e) b) Business Standard ,n 1! realt) estate ',&(anies. .a'(aa$ The Su(re&e <,urt re'entl) has ,rdered that n, 'itiEen sh,uld be de(ri7ed ,. (,ssessing aadhaar 'ard ,r nu&ber and these sh,uld n,t be issued t, illegal &igrants. The 'ard is a (r,,. ,. identit), n,t the 'itiEenshi(. The basi' ai& ,. this 'ard is t, dire'tl) eli&inate the inter&ediaries and .raud, thereb) sa7ing the eA'heFuer leakages. E'u!atio" >unDab ?ni7ersit) is (la'ed at 22" a&,ng #00 instituti,ns w,rldwide, ahead ,. IIT, Bharag(ur, IIT +,,rkee, IIT, 9elhi and IIT, Ban(ur