Uniform cicvil code: Uttarkhand has drafted its own uniform civil code with recomendations on live-ins and raising age for marriage of women. It feels increasing age of marriage to bring uniformity across religions will bring geater women empowerment. Further The panel has also touched inheritance law,poligamy and polyandry. It keeps in mind gender equality,focussing on women,children and gender equality.
Manipal CM resignation: Manipal Chief Minister resignation drama ended amid continuing violence as thousands of his supporters gathered including women in front of his residence for his stay as Chief Minister. On his way to Raj Bhavan he was stopped by elderly women and the crowd stood in the way of convoy. Earlier Emas of Imphal has given ultimatum to state government to end the violence.
China Pakistan economic ties : On clinching $3 billion IMF bailout Pakistan prime minister stated China saved them from Default. IMF board has to approve it in July. It has concluded talk with IMF. Earlier Saudi Arabia, Unted Arab Emirates have helped Pakistan. Pak has received $2billion loan from its ally China.Earlier Saudi Arabia approved funding additional 2 billion USD.
India excludes overseas credit card spend fom LRS: Government has amended foreign exchange management rule to exclude Liberal remittances scheme. Because of it, these transactions will not attract Tax deduction at source.Government has deffered the plan to collect higher tax collected at source at the rate of 20% on expenditure on LRS and overseas tours upto May 30.Ministry has given enough time to software modification by banks for this changes.
Goldman -Apple to end partnership: American express may takeover the Apple tieup as per sources. Apple expands financial offerings to generate more revenue from various services.The sales of apple has increased from 10% to 20% in last year from earlier decade. Earlier both had introduced saving account with high yield. Goldman fell to second spot from the top merger and acquisition adviser in five years.
