Pakistan Block Trade With India:Diplomatic Relation Downgrades

Pakistan downgraded diplomatic relations and suspended bilateral trade with India after New Delhi revoked seven decades of autonomy for the disputed Muslim-majority state of Kashmir.

Prime Minister Imran Khan’s government announced Wednesday a series of measures to oppose what it called “unilateral and illegal actions” by India. He also said Pakistan will take the matter to the United Nations Security Council and ensure the army remains vigilant. India’s foreign ministry didn’t respond to a request for comment.

1-Downgrading of diplomatic relations with India.
2-Suspension of bilateral trade with India.
3-Review of bilateral arrangements.
4-Matter to be taken to UN, including the Security Council.
5-14th of August to be observed in solidarity with brave
Kashmiris. #StandwithKashmir pic.twitter.com/v06GmMc5lG

— Govt of Pakistan (@pid_gov) August 7, 2019

India on Monday revoked Article 370 of the Constitution to withdraw the special status given to Jammu and Kashmir and bifurcated the state into two Union Territories — Jammu and Kashmir, and Ladakh.
While India’s High Commissioner Bisaria is in Islamabad, his Pakistani counterpart Moin-ul-Haq is yet to take charge in New Delhi.
A statement issued after the NSC meeting read that the Committee discussed situation “arising out of unilateral and illegal actions” by the Indian government, situation inside Jammu and Kashmir and along the Line of Control.

Pakistan is desperate to bring the international community into this discussion,” he said. “It is hoping that by raising the stakes it would be able to force others to respond.”

India’s exports to Pakistan too have dipped by about 32 per cent to $171.34 million in March. However, exports had increased by 7.4 per cent to $2 billion during 2018-19.

During April-June this fiscal, India’s global exports stood at $314.7million. The main products being exported by India include organic chemicals; cotton; nuclear reactors, boilers; plastic products; tanning or dyeing extracts; cereals; sugar; coffee, tea; articles of iron and steel; copper and footwear.

India had also revoked the MFN (most favoured nation) status to Pakistan in the aftermath of the terror attack. The country has repealed a security exception clause of the World Trade Organisation (WTO) to withdraw this status. Both the countries are member of this body.…

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A Merger Of 2 Dth Giants:Dish TV With Airtel Digital TV

Bharti Airtel, Dish TV and Warburg Pincus have reached agreement over merger, working upon modalities.

Sunil Bharti Mittal’s direct-to-home arm Airtel Digital TV, private equity firm Warburg Pincus and Dish TVNSE 0.21 % have reached an agreement for merger and a formal announcement is expected in 4-6 weeks, two people with direct knowledge of the development told ET.

Together, Airtel Digital TV merger Dish TV will create the world’s largest TV distribution company with about 39 million subscribers and over 61% share of India’s DTH market.

Airtel dth merger with dish tv

In the July month when the talks about the Airtel Digital TV and Dish TV merger moved ahead, the Warburg-Singtel duo were offering the share price of Rs 35 per share. At this price, the buyers were looking towards a 57.52% stake in Dish TV. At the proposed share price, Dish TV would have received Rs 3,707 crore, but Dish TV had remarked that it was looking for a much higher price of Rs 45 per share. This would have netted the Essen Group Owned DTH company Rs 4,766 crore. In the meantime, the shares of Dish TV India have been falling, and the market has been seeing big corrections in the prices. If the merger goes through then together, Airtel Digital TV and Dish TV will be able to fend off Reliance Jio and its pursuit of conquering the DTH and broadband sector.

NOW BECOMES WORLD’S BIGGEST DIRECT TO HOME CABLE TV SERVICE PROVIDER.

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RBI to cut Interest rates again in August

The last time the RBI delivered so many back-to-back cuts was after the global financial crisis over a decade ago.

The Reserve Bank of India (RBI) is set to cut interest rates in August by the fourth meeting , according to a Reuters poll of economists, a majority of whom said risks to their already-modest growth forecasts were skewed more to the downside.

80 percent of 66 economists in the July 17-24 poll expected the RBI to cut its benchmark repo rate by 25 basis points to 5.50 per cent at the August 7. Three respondents predicted a 50 basis points cut and the remaining 10 forecast policy on hold.

RBI interest rates

Gareth Leather said that they are going to cut rates in august and again due to the low growth and weak inflation rate of the country.

Reserve Bank Of India India’s inflation growth has remained low which is below 4% and not expected to rise over 2021.

India losing its title as fastest growing economy to china as it is expected to rise at 5.8% and upto 7.2% till march 2021.

Annual growth is also lowered to 6.8% of this fiscal year which is far lower than what IMF projected (7.0%).

India’s economy continues to show weak growth momentum. We believe that while recovery is nascent, maturity is still a far way off,” said Rini Sen, India economist at ANZ.

a majority of economists said no when asked whether the Reserve bank of india should consider core inflation instead of retail inflation as the main measure for its monetary policy framework.…

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Airtel Offers A Massive Discounts On Dth Connections:Offers Additional Benefits Of 1000Rs

Airtel has reduced the prices of its set-top boxes in the country.Also offering a additional price benefits for existing subscribers.

Highlights:

  • The HD Set top box which usually costs 1953, now costs 1453
  • Airtel is also provides additional benefits of 1000rs.
  • Subscribers will get a bundle of 150 channels extra.

Airtel Offers A Massive Discounts On Dth Connections:Offers Additional Benefits Of 1000Rs

The Operator is currently preparing to offer as many benefits as possible to tackle the possible incoming threat from Jio’s upcoming TV service. Hence, all major players such as Dish TV, Tata Sky, Airtel Digital TV and Hathway have been offering a lot of benefits.

Tata Sky recently reduce the price of its set-top boxes in order to generate more interest from subscribers. Following on the footsteps, Airtel has also introduced a similar plan for its own set-top boxes.

Similar to tata sky, airtel also slashes its set top box prices across the country.

The basic HD set-top box, which costs Rs 1,953, is available for Rs 1,453, so company is giving discounts of rs 500.

Along with the reduced price for the HD set-top box, Operator is also bundling benefits worth Rs 1,000 to the subscribers.

Airtel Internet tv set top box now costs 2269 Rs(excluding NCF,Installation,Other Charges) which includes pack of Rs 452/month.

For existing Airtel Digital TV subscribers who want to upgrade to the HD box, they will have to pay Rs 699 for the set-top box with Rs 150 service charge.

If the subscriber wants to upgrade to the Internet TV box, the subscriber will have to pay Rs 1,999 along with Rs 250 as service charge.

The Internet Tv Box is smart set up box from which we can also enjoy services like netflix and prime directly from their tv.The box Also stream 4k resolution.This mnc is tried getting harder to attract customers befor jio come to the market with its dth services.…

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How to check your EPF balance: Via EPF Portal, Umang App, SMS, Missed Call

  • You don’t have to wait for your employer to share the PF statement at the end of the year to know the PF balance.
  • You can check the balance using the Umang App, EPFO portal, EPFO app, sending an SMS, or by just giving a missed call.

Every month your employer transfers some amount into your EPF account along with your contribution. The EPF passbook reflects the total amount in your EPF account along with the details of the monthly contributions made by you and your employer. Some amount is also deposited in the Employees’ Pension Scheme or EPS, which will be shown separately in the EPS column.

Earlier, employees had to wait for their employer to furnish their EPF statement at the end of every year but now they can easily check their EPF balance both online and offline. There are two online methods :

The offline methods available for the customer are :

  • SMS
  • Missed call service

Let us find out how to check EPF balance in detail –

I. Using the Umang app
Employees would now be able to view their PF balance on mobile phones with the help of Umang app. Umang app was launched by the government last year and provides access to various government services at one place.One can view EPF Passbook, raise claim and even track Claim using the app. To get started, you need to complete a one-time registration using your mobile number. 

II. Using the EPFO portal 
Instead of the unified portal, users will now be able to access their PF passbooks on a different website run by the EPFO. The unified portal can, however, still be used for transactional services like transfers. 

Step 1: The member passbook is available at www.epfindia.gov.in 

Step 2: Click on ‘For Employees’ under ‘Our Services’ 

Step 3: Click on ‘Member Passbook’ under ‘Services’ 

It will take you to the page as below. 

Alternatively, you can directly go to the page: 

https://passbook.epfindia.gov.in/MemberPassBook/Login.jsp 

To access the passbook, make sure your UAN is activated by the employer. Remember, UAN is provided by the EPFO but it has to be verified and activated by your employer. So, if yours has already been activated, use it along with your password to log in and check your passbook balance. 


The passbook facility is not available for members of establishments that are exempt under the EPF Scheme, 1952. If you still try …

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Mother’s Day 2019: How To Make Mothers Feel Special?

On Mother’s Day, take time out from your busy schedule and make it a gala affair for your mothers. There are a lot of options a person can choose from to surprise their mothers. Apart from the regular way of giving greeting cards and arranging chocolates, cakes and flowers, one can make them feel special by giving a little personal touch by exercising unique and interesting options.

Handwritten notes, letters or poems can prove to be a big hit. In these notes and letter, one can express how much their mothers mean to them and appreciate the many sacrifices they have made. She will not only treasure these personalized notes but will hold them close to her heart.

Mother’s Day 2019: How To Make Mothers Feel Special?

Take your mother down memory lane by gifting her a custom-made scrapbook that contains loved up pictures of her and you from over the years.

While there are several gifts that you can give to your mothers, a weekend getaway will surprise her for sure. Stealing her away from her routine of daily chores, that she remains busy, will surely rejuvenate her energies.

One can take time off and spend quality time with their mothers. Cook her a “meal-to-remember” surprise by keeping her likes and dislikes in mind. She will fondly recall this moment for all times to come.

On Mother’s Day, you can lend a helping hand, support and back all those mothers in need. One can make them special by donating utility articles, organize meals for them and present them gift coupons along with hand written notes giving them compliments about their efforts.…

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Pradhan Mantri Shram Yogi Mandhan: Unorganised sector workers to get Rs 3,000 post-retirement

Finance Minister Piyush Goyal, while presenting Budget 2019, on Friday announced the launch of a social security pension scheme for workers in the unorganized sector, called the Pradhan Mantri Shram Yogi Mandhan.

Under the scheme, an assured monthly pension of Rs 3,000 per month will be provided to workers in the unorganized sector after 60 years of age. However, to avail of the scheme, workers will have to contribute Rs 100 month.

“Pradhan Mantri Shram Yogi Mandhan will be launched to provide assured monthly pension of 3000 rupees per month, with a contribution of 100 rupees per month, for workers in unorganized sector after 60 years of age,” Goyal said.

He further said the scheme, which would benefit 10 crore workers, would be implemented from this fiscal itself. “It may become the world’s biggest pension scheme for the unorganized sector in five years,” he said. Goyal also announced an increase of gratuity limit from Rs 10 lakh to Rs 30 lakh from the next fiscal.

The new pension scheme will run alongside the existing Atal Pension Yojana, which guarantees returns post-retirement. He said 50 percent of the country’s Gross Domestic Product (GDP) comes from “sweat and toil of 42 crore workers in the unorganized sector.”

The government’s attempt to woo the unorganized sector comes after an estimated 200 million workers across various sectors carried out a two-day nationwide strike on January 8-9. About 91 percent of the informal sector, which was dependent on cash for survival, was harmed due to demonetization.

Among the most pertinent demands raised by the protesters was minimum wages of Rs 18,000 and assured pension of at least Rs 3,000. The government seems to have paid heed to their demands.…

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