RBI to transfer Rs.66,000 crore surplus to government

Mumbai, August 14 (IANS) The Reserve Bank of India (RBI) has announced that it will transfer its surplus profit of Rs.65,896 crore to the central government. “The central board of directors of the Reserve Bank of India, at its meeting held today (Thursday), approved the transfer of surplus amounting to Rs.658.96 billion for the year […]

Yuan stabilises after central bank reassures markets

Beijing, August 14 (IANS): The Chinese yuan halted a three-day slide after the central bank soothed market sentiments, reversing short but sharp declines triggered by a foreign exchange (forex) policy change. On Friday, the central parity rate of the yuan strengthened by 35 basis points to 6.3975 against the US dollar, the first increase since […]

Advanced farm mechanization training held

Longjemdang, August 13 (DIPR): One day training cum demonstration on advanced farm mechanization was held at Longjemdang village which was organized by the Department of Agriculture, Mangkolemba on 12th August 2015.   Resource person Onglutsuba Jamir, A.O.II emphasized on the importance of farm implements and machines which are relevant in the state. He further explained […]

AG Nagaland informs retired officials on pension

Dimapur, August 13 (MExN): All retired State Government officers/officials are informed that Pension and GPF Final payment cases settled upto the month of July 2015 have been uploaded on the AG Nagaland website.   Pensioners may log on to this Office web-site at www.agnagaland.gov.in by clicking at Felicitation and PENSION or GPF Felicitation or by […]

Pensioners informed for physical verification

Mokokchung, August 13 (DIPR): Treasury Officer, Mokokchung has informed all pensioners in the district that physical verification to update and confirm the continued existence of the pensioners will be conducted on the following dates.   All concerned have been informed to bring their identity card “D” duly renewed from the pension office and to obtain […]

Chinese currency falls for 2nd day

BEIJING, August 12 (AP): China’s currency fell further Wednesday following a surprise change in its exchange rate mechanism that rattled global markets and threatens to fan trade tensions with the United States and Europe.   The central bank said the yuan’s 1.9% devaluation Tuesday against the U.S. dollar, which was its biggest one-day fall in […]

3 Naga entrepreneurs bestowed NEDFi Award

3 Naga entrepreneurs bestowed NEDFi Award

Dimapur, August 12 (mexn): Three Entrepreneurs from Nagaland were recipient of “NEDFi Award 2015” for their outstanding Entrepreneurial initiative.   Dr. Aotoshi, Chairman M/s Echahaba Tea Grower Society Ltd; Aolemba Longkumer, Proprietor M/s Country Craft; and Kopele Tepa, Proprietor M/s Bumble Bee Preschool were the proud recipients.   Twenty such entrepreneurs across the eight NE […]

Taxes dept conducts training for Mokokchung business dealers

Taxes dept conducts training for Mokokchung business dealers

Morung Express News Mokokchung | August 11   A ‘Capacity Building and Training Programme for Dealers’ of Mokokchung Town was conducted today at Longkumer Kilem, organized by the Department of Taxes, Mokokchung. Deputy Commissioner of Taxes, Mokokchung, Imosong Imsong while speaking at the programme appreciated the dealers of Mokokchung and the staff of the taxes […]

Sundar Pichai heads Google in restructured Alphabet

Washington, August 11 (IANS): Chennai born, IIT Kharagpur-educated Sundar Pichai became the CEO of the core business of Google as the search giant in a major corporate restructuring formed an umbrella company called Alphabet. With the change entrusting Pichai, 43, with operational management of Google’s search, YouTube and financial-services units, the company’s founders Sergey Brin […]

Financial literacy camp held at Runguzu Nasa Village

Kohima, August 11 (MExN): Financial literacy consultancy and Credit camp was held at Runguzu Nasa Village on August 2 in partnership with State Bank of India Chozuba Branch in  order to promote and educate the rural poor farmers about the concept of Banking services and  its facilities available.   S. Kevi Hibo ABM & I/C […]

Asia currencies fall, stocks mixed after China devalues yuan

Joe McDonald AP Business Writer   Asian stock markets wavered and the region’s currencies tumbled Tuesday after China unexpectedly devalued its tightly-controlled yuan in response to weakening trade and growth.   KEEPING SCORE: China’s Shanghai Composite Index shed 0.4 percent to 3,912.86 while Hong Kong’s Hang Seng gained 1 percent to 24,755.51. Tokyo’s Nikkei 225 […]

Xiaomi launches first made in India smartphone

Xiaomi launches first made in India smartphone

Visakhapatnam, August 10 (IANS): Chinese low-cost smartphone manufacturer Xiaomi on Monday unveiled its first made in India smartphone. Andhra Pradesh Chief Minister N. Chandrababu launched Redmi 2 Prime, fully manufactured in the state. The company announced that the device will be manufactured by Foxconn at their plant in Visakhapatnam.   Naidu said it was a […]