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By AnshulSinghal 
For Private Circulation only
Index 
Section 
Particulars 
Quotes of the Day 
Section 1 
Market Watch 
Section 2 
Economy Updates 
Section 3 
Amendments 
Section 4 
Seminar 
Section 5 
Job/ Empanelment's 
Section 6 
Sports 
Section 7 
Politics 
Section 8 
Movies Updates 
Section 9 
Amazing Facts 
Section 10 
Education 
Section 11 
WorldNews 
Section 12 
Science and Technology 
Section 13 
Spirituality
Quotes of The Day
Section 1 (Market Watch)
Markets Today 
Source: http://economictimes.indiatimes.com/markets 
Stock Indices 
Particulars 
Up/Down 
Sensex 
27,061.04 
65.17 
Nifty 
8,105.50 
19.80 
NSE 
8066.50 
19.20 
BSE 
3329.10 
7.50 
Gold 
26,893.00 
-93.00 
USD 
60.65 
-0.28
Section 2 (Economy Updates)
CPI inflation eases to 7.8% in August 2014 
•CoreCPIinflationdeclines to 6.9% in August 2014 from 7.4% in July 2014 
•All India general CPI inflation declined to 7.8% in August 2014 from 7.96% in July 2014, mainly driven by decline in inflation for vegetables, housing, fuel and transport communicatoin. The corresponding provisional inflation rates for rural and urban areas for August 2014 are 8.35% and 7.04%, respectively. Inflation rates for rural and urban areas for July 2014 had stood at 8.37% and 7.42%, respectively.CPI inflation decline in August 2014 was mainly driven by fall in inflation for fuel & light to 4.2%, while the inflation for housing also declined to 8.5% in August 2014. Further, the inflation for 'clothing, bedding and footwear' and miscellaneous items also eased to 8.5% and 5.9% in August 2014. However, the inflation 'food, beverages & tobacco' group increased to 9.2% in August 2014 from 9.1% in July 2014. 
•The core CPI inflation eased to 6.9% in August 2014 from 7.4% in July 2014. The core CPI inflation reading of 6.9% for August 2014 was the lowest reading for the CPI data with the Base 2010: 100. 
Source: http://www.business-standard.com
NRI Investments in Indian Realty May Rise 35 Per Cent in 2014: Survey 
•NewDelhi:Propertydevelopersareexpectinga35percentsurgeinrealestateenquiriesfromNRIs(non-residentIndians)withBangaloreturningouttobeafavourite,accordingtoasurveybytheAssociatedChambersofCommerceandIndustryofIndia(Assocham). Totapthegrowinginterest,whichcomesatatimewhentheglobaleconomyisstabilisingandIndiaisshowingstrongsignsofrevival,realestatecompaniesherearepullingoutallthestopsbyconductingpropertyshows,exhibitionsandopeningoverseasrepresentativeoffices.Developersarealsoexpandingtheirexistingdistributionchainsandenteringintostrategicpartnershipstoencourageinvestorsfromthiscash-richsegment, theindustrybodysaid. Thesurveywasconductedamongnearly850realestatedevelopersinDelhi-NCR,Chandigarh,Mumbai,Kolkata,Bangalore,Hyderabad, Ahmedabad,Pune,DehradunandChennaietc. BangalorewasthemostfavouritepropertyinvestmentdestinationforNRIs,followedbyAhmedabad,Pune,Chennai,Goa,DelhiandDehradun, thesurveyshowed. 
Source : http://profit.ndtv.com
Auto industry cannot be protected forever: Kher 
•Inaveiledwarningtothedomesticautosector,theCommerceMinistryonFridaysaiditcannotcontinueprotectingtheindustrywhiledutybarriersarecomingdownallovertheworld. 
•“...wehavetolookattowhatextentthepresenttariffprotectiontotheautosectorissustainable...wewillhavetoquestionourselvesonthesustainabilityofalong-termtariffprotectionplan,particularlyinanenvironmentwhereeverycountryisbringingdowntariffs,” CommerceSecretaryRajeevKhersaidhere. 
•HewasspeakingattheSocietyofIndianAutomobileManufacturersannualconvention. 
•Indiaisprotectingthedomesticautoindustryfromoverseascompetitionwhilesigningfreetradeagreementswithdifferentnationsandgroups. 
•Khersaidthatwhilenegotiatingtradeagreementsonehastokeepinmindtheoverallinterestofdifferentsectors. 
Source: http://www.thehindubusinessline.com
Section 3 (Amendments)
•Hon’bleDelhiITAThasinthecaseofDCITv/sHeminderKumariinITANo.4210-4213/Del/2013hasheldthattheinformationreceivedbytheAssessingofficerfromhisinvestigationWing,atbest, beregardedasaprima-faciematerial,butcouldnotbeconstruedasconclusiveforuseagainsttheassesseetofastenanytaxliability,becausethesamewasrequiredtobecorroboratedbycredibleandindependentevidence 
Source: http://taxguru.in 
Information from investigation wing is only a prima-facie material and not conclusive
Source: http://taxguru.in 
ICAI Proposes to double the stipend Payable to articled
Section 4 (Seminar)
Source: http://www.cpeicai.org/?comp=2 
East End C.A. Study Circle of NIRC 
Conference on Concept of PERMANENT ESTABLISHMENT & BUSINESS CONNECTION” 
Jawaharlal Nehru National Youth Centre 219, DeendayalUpadhyayaMarg, New Delhi-2 
13th Sep, 2014 09:45 -17:30 
9810387163 
6 CPE Hours
State Agency For Development Of Handloom Cluster 
Last Date :15/09/2014Expression of interest for empanelment of CAG enlisted chartered accountant firms for providing service to SADHAC. Address:Handicraft Complex,Gandamunda,P.O.Khandagiri, Bhubaneswar- 751030Phone:0-9238102698/99Email:sadhacorissa@gmail.com 
Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity
SECTION 6 (SPORTS UPDATE)
SANDEEPJAJODIAELECTED AS PRESIDENT OF BOXING INDIA 
Delhi-basedSandeepJajodiawaselectedpresidentunopposedatthemuch- awaitedBoxingIndia(BI)electioninMumbaionThursday.JayKowli,presidentoftheMaharashtraBoxingAssociation,upsetRohitJinendraJainofNewDelhitobeelectedsecretarygeneralofthenewfederation. 
Inathree-waycontest,Assam'sHemantaKumarKalitaeasedpastManipur'sKhoibiSalamandTripura'sRupakDebroytobecometreasurer.Atotalof10vice-presidentsandsevenexecutivememberswereelectedinthepolls,heldunderthesupervisionofInternationalBoxingAssociation(AIBA)observers- CliodhnaGuyandKishenNarsi.ThesportsministryandtheIndianOlympicAssociation(IOA)didn'tsendtheirobservers. 
Theelectionproceedingswerevideorecorded.TheobserverswillnowsubmitareporttoAIBA,whichwillcontinueBI'sprovisionalmembership,providingittherighttorunthesportinIndia.Adecisiontothiseffectwilllikelybetakenthisweekitselforbythebeginningofthenext.ThecontinuationofprovisionalmembershipwillalsopavethewayforIndianboxerstocompeteunderthenationalflagattheAsianGamesandothercompetitions. 
Source: http://indiatoday.intoday.in
HaryanaandMaharashtra,statesunderCongress-ledgovernmentsfor10and15yearsrespectively,willholdelectionsonOctober15,withcountingofvotesonOctober19,asperthescheduleannouncedbytheElectionCommissiononFriday.ThetermoftheHaryanaassemblycomestoanendinOctoberandinMaharashtraitendsinNovember. 
InMay,theCongresshadwonjustoneofthe10LokSabhaseatsinHaryanawhiletheBJPwonseven.InMaharashtra,ofthe48LokSabhaconstituencies,theCongress-NCPalliancewononlysix,whiletheBJP-ShivSenacombinewon42,indicatingstronganti-incumbencyinbothstates. 
Announcingtheschedule,ChiefElectionCommissioner(CEC)V.S. Sampath,saidthemodelcodeofconductcomesintoeffectimmediately.ItwouldalsobeapplicabletotheCentralGovernmentinthecaseofpoliciesandannouncementsrelatedtothepoll-boundStates. 
TheschedulefortheJammu&Kashmir(J&K)andJharkhandAssemblyelectionswillbeannouncedlaterasthetermsoftheassemblieswillendonlyinJanuary2015. 
Source: http://www.thehindu.com
Section 8 (movies updates)
Salman‘hit and run’ case trial to restart Sep 24 
•Following the production of the “missing” case papers in the SalmanKhan hit-and-run case, the trial againstthe actorwill resume before the sessions court here from Sep 24. 
•The prosecution Friday informed the court that all the originaldocuments–barring one –pertaining to witness statements and case diaries “missing” since the past few months have been found. 
•Producing the 63documents, the prosecution also assured Sessions Judge D. W. Deshpandethat the single missing document would also be traced out soon. 
•The prosecution had informed thecourt ofthe missingdocumentsfirst in July following which the case was adjourned till August. 
•In August, the prosecution again expressed helplessness by saying that thedocumentsand case diaries could not be traced. 
Source: http://www.mizonews.ne
Section 9 (Amazing Facts)
Amazing facts 
By raising your legs slowly and laying on your back, you cannot sink into quicksand. 
Dogs and cats, like humans, are either right or left handed. 
Source: http://indianrealist.com
Section 10 (Educational)
Source: casansaar.com 
ICAI proposes Change in Eligibility period for IPC Exams & 
in Rules related to supply of answer book, Fees , stipend etc. 
ICAI has vide its press release dated 10th September 2014 
proposed amendments to The Chartered Accountants 
Regulations, 1988 vide Draft Chartered Accountants 
(Amendment) Regulations, 2014. Vide this it has proposed 
the Amendments in Regulations 28E, 39, 48 and 204 of the 
Chartered Accountants Regulations, 1988.
SECTION11 (WORLDNEWS)
U.S. THREATENEDYAHOOWITH$250,000-A-DAYFINEFORWITHHOLDINGUSERDATA 
Yahoo! Inc. said the U.S. government threatened in 2008 to fine it $250,000 a day for refusing to comply with national security-related requests for its users’ Internet data. 
In small victory for Yahoo’s legal challenges to U.S. surveillance practices, a court today permitted the company to release 1,500 pages of documents that shed light on the scope and force of the government’s data-collection methods. 
Source: http://www.theglobeandmail.com
SECTION12 (SCIENCEANDTECHNOLOGY)
INTEXAQUA4X LAUNCHEDININDIAWITH3G SUPPORTFORJUSTRS2999 
The IntexAqua 4X smartphonehas made its debut in India and it falls in the affordable category carrying a price of just Rs 2999. Wallet-friendly as it is, the phone isn’t the cheapest on the market, but it does have the upper hand as only a few handsets offer 3G connectivity in this range. 
TheIntexAqua4X has been launched exclusively through eBay and it has basic features to offer. One of its biggest downsides is that Android 4.2 Jelly Bean runs the show, while similar devices come with version 4.4 KitKatout of the box. 
Source: http://www.mobiletor.com
SECTION13 (SPIRITUALITY)
व्रत एवं पवव 
विक्रम संित् 2071 भाद्रपद शुक्ऱ सप्तमी से आश्ववन शुक्ऱ षष्ठी तक 
शक संित् 1936 राष्रीय भाद्रपद 10 से राष्रीय आश्ववन 8 तक 
हिजरी सन् 1435 श्िल्काद 5 से श्िऱहहज्ि 4 तक 
Source: http://www.jagran.com/spiritual/panchang-news-hindi.html 
13 ससतंबर पंचमी का श्राद्ध, भरणी-श्राद्ध, चन्द्द्रषष्ठी व्रत
. 
DISCLAIMER – 
1-The opinion(s) expressed by member(s) are of their own, and/ORinformation provided by member(s), the users need to verify it from their own sources. No responsibility of any sort taken by me or any member(s) or the moderator for any opinion expressed or the information posted. 
2-The Information is mainly compilation of information from various sources and professionals, for sharing of information in core group.

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Knowledge update 13 sep-14

  • 1. By AnshulSinghal For Private Circulation only
  • 2. Index Section Particulars Quotes of the Day Section 1 Market Watch Section 2 Economy Updates Section 3 Amendments Section 4 Seminar Section 5 Job/ Empanelment's Section 6 Sports Section 7 Politics Section 8 Movies Updates Section 9 Amazing Facts Section 10 Education Section 11 WorldNews Section 12 Science and Technology Section 13 Spirituality
  • 5. Markets Today Source: http://economictimes.indiatimes.com/markets Stock Indices Particulars Up/Down Sensex 27,061.04 65.17 Nifty 8,105.50 19.80 NSE 8066.50 19.20 BSE 3329.10 7.50 Gold 26,893.00 -93.00 USD 60.65 -0.28
  • 7. CPI inflation eases to 7.8% in August 2014 •CoreCPIinflationdeclines to 6.9% in August 2014 from 7.4% in July 2014 •All India general CPI inflation declined to 7.8% in August 2014 from 7.96% in July 2014, mainly driven by decline in inflation for vegetables, housing, fuel and transport communicatoin. The corresponding provisional inflation rates for rural and urban areas for August 2014 are 8.35% and 7.04%, respectively. Inflation rates for rural and urban areas for July 2014 had stood at 8.37% and 7.42%, respectively.CPI inflation decline in August 2014 was mainly driven by fall in inflation for fuel & light to 4.2%, while the inflation for housing also declined to 8.5% in August 2014. Further, the inflation for 'clothing, bedding and footwear' and miscellaneous items also eased to 8.5% and 5.9% in August 2014. However, the inflation 'food, beverages & tobacco' group increased to 9.2% in August 2014 from 9.1% in July 2014. •The core CPI inflation eased to 6.9% in August 2014 from 7.4% in July 2014. The core CPI inflation reading of 6.9% for August 2014 was the lowest reading for the CPI data with the Base 2010: 100. Source: http://www.business-standard.com
  • 8. NRI Investments in Indian Realty May Rise 35 Per Cent in 2014: Survey •NewDelhi:Propertydevelopersareexpectinga35percentsurgeinrealestateenquiriesfromNRIs(non-residentIndians)withBangaloreturningouttobeafavourite,accordingtoasurveybytheAssociatedChambersofCommerceandIndustryofIndia(Assocham). Totapthegrowinginterest,whichcomesatatimewhentheglobaleconomyisstabilisingandIndiaisshowingstrongsignsofrevival,realestatecompaniesherearepullingoutallthestopsbyconductingpropertyshows,exhibitionsandopeningoverseasrepresentativeoffices.Developersarealsoexpandingtheirexistingdistributionchainsandenteringintostrategicpartnershipstoencourageinvestorsfromthiscash-richsegment, theindustrybodysaid. Thesurveywasconductedamongnearly850realestatedevelopersinDelhi-NCR,Chandigarh,Mumbai,Kolkata,Bangalore,Hyderabad, Ahmedabad,Pune,DehradunandChennaietc. BangalorewasthemostfavouritepropertyinvestmentdestinationforNRIs,followedbyAhmedabad,Pune,Chennai,Goa,DelhiandDehradun, thesurveyshowed. Source : http://profit.ndtv.com
  • 9. Auto industry cannot be protected forever: Kher •Inaveiledwarningtothedomesticautosector,theCommerceMinistryonFridaysaiditcannotcontinueprotectingtheindustrywhiledutybarriersarecomingdownallovertheworld. •“...wehavetolookattowhatextentthepresenttariffprotectiontotheautosectorissustainable...wewillhavetoquestionourselvesonthesustainabilityofalong-termtariffprotectionplan,particularlyinanenvironmentwhereeverycountryisbringingdowntariffs,” CommerceSecretaryRajeevKhersaidhere. •HewasspeakingattheSocietyofIndianAutomobileManufacturersannualconvention. •Indiaisprotectingthedomesticautoindustryfromoverseascompetitionwhilesigningfreetradeagreementswithdifferentnationsandgroups. •Khersaidthatwhilenegotiatingtradeagreementsonehastokeepinmindtheoverallinterestofdifferentsectors. Source: http://www.thehindubusinessline.com
  • 12. Source: http://taxguru.in ICAI Proposes to double the stipend Payable to articled
  • 14. Source: http://www.cpeicai.org/?comp=2 East End C.A. Study Circle of NIRC Conference on Concept of PERMANENT ESTABLISHMENT & BUSINESS CONNECTION” Jawaharlal Nehru National Youth Centre 219, DeendayalUpadhyayaMarg, New Delhi-2 13th Sep, 2014 09:45 -17:30 9810387163 6 CPE Hours
  • 15.
  • 16. State Agency For Development Of Handloom Cluster Last Date :15/09/2014Expression of interest for empanelment of CAG enlisted chartered accountant firms for providing service to SADHAC. Address:Handicraft Complex,Gandamunda,P.O.Khandagiri, Bhubaneswar- 751030Phone:0-9238102698/99Email:sadhacorissa@gmail.com Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity
  • 17. SECTION 6 (SPORTS UPDATE)
  • 18. SANDEEPJAJODIAELECTED AS PRESIDENT OF BOXING INDIA Delhi-basedSandeepJajodiawaselectedpresidentunopposedatthemuch- awaitedBoxingIndia(BI)electioninMumbaionThursday.JayKowli,presidentoftheMaharashtraBoxingAssociation,upsetRohitJinendraJainofNewDelhitobeelectedsecretarygeneralofthenewfederation. Inathree-waycontest,Assam'sHemantaKumarKalitaeasedpastManipur'sKhoibiSalamandTripura'sRupakDebroytobecometreasurer.Atotalof10vice-presidentsandsevenexecutivememberswereelectedinthepolls,heldunderthesupervisionofInternationalBoxingAssociation(AIBA)observers- CliodhnaGuyandKishenNarsi.ThesportsministryandtheIndianOlympicAssociation(IOA)didn'tsendtheirobservers. Theelectionproceedingswerevideorecorded.TheobserverswillnowsubmitareporttoAIBA,whichwillcontinueBI'sprovisionalmembership,providingittherighttorunthesportinIndia.Adecisiontothiseffectwilllikelybetakenthisweekitselforbythebeginningofthenext.ThecontinuationofprovisionalmembershipwillalsopavethewayforIndianboxerstocompeteunderthenationalflagattheAsianGamesandothercompetitions. Source: http://indiatoday.intoday.in
  • 19.
  • 20. HaryanaandMaharashtra,statesunderCongress-ledgovernmentsfor10and15yearsrespectively,willholdelectionsonOctober15,withcountingofvotesonOctober19,asperthescheduleannouncedbytheElectionCommissiononFriday.ThetermoftheHaryanaassemblycomestoanendinOctoberandinMaharashtraitendsinNovember. InMay,theCongresshadwonjustoneofthe10LokSabhaseatsinHaryanawhiletheBJPwonseven.InMaharashtra,ofthe48LokSabhaconstituencies,theCongress-NCPalliancewononlysix,whiletheBJP-ShivSenacombinewon42,indicatingstronganti-incumbencyinbothstates. Announcingtheschedule,ChiefElectionCommissioner(CEC)V.S. Sampath,saidthemodelcodeofconductcomesintoeffectimmediately.ItwouldalsobeapplicabletotheCentralGovernmentinthecaseofpoliciesandannouncementsrelatedtothepoll-boundStates. TheschedulefortheJammu&Kashmir(J&K)andJharkhandAssemblyelectionswillbeannouncedlaterasthetermsoftheassemblieswillendonlyinJanuary2015. Source: http://www.thehindu.com
  • 21. Section 8 (movies updates)
  • 22. Salman‘hit and run’ case trial to restart Sep 24 •Following the production of the “missing” case papers in the SalmanKhan hit-and-run case, the trial againstthe actorwill resume before the sessions court here from Sep 24. •The prosecution Friday informed the court that all the originaldocuments–barring one –pertaining to witness statements and case diaries “missing” since the past few months have been found. •Producing the 63documents, the prosecution also assured Sessions Judge D. W. Deshpandethat the single missing document would also be traced out soon. •The prosecution had informed thecourt ofthe missingdocumentsfirst in July following which the case was adjourned till August. •In August, the prosecution again expressed helplessness by saying that thedocumentsand case diaries could not be traced. Source: http://www.mizonews.ne
  • 24. Amazing facts By raising your legs slowly and laying on your back, you cannot sink into quicksand. Dogs and cats, like humans, are either right or left handed. Source: http://indianrealist.com
  • 26. Source: casansaar.com ICAI proposes Change in Eligibility period for IPC Exams & in Rules related to supply of answer book, Fees , stipend etc. ICAI has vide its press release dated 10th September 2014 proposed amendments to The Chartered Accountants Regulations, 1988 vide Draft Chartered Accountants (Amendment) Regulations, 2014. Vide this it has proposed the Amendments in Regulations 28E, 39, 48 and 204 of the Chartered Accountants Regulations, 1988.
  • 28. U.S. THREATENEDYAHOOWITH$250,000-A-DAYFINEFORWITHHOLDINGUSERDATA Yahoo! Inc. said the U.S. government threatened in 2008 to fine it $250,000 a day for refusing to comply with national security-related requests for its users’ Internet data. In small victory for Yahoo’s legal challenges to U.S. surveillance practices, a court today permitted the company to release 1,500 pages of documents that shed light on the scope and force of the government’s data-collection methods. Source: http://www.theglobeandmail.com
  • 30. INTEXAQUA4X LAUNCHEDININDIAWITH3G SUPPORTFORJUSTRS2999 The IntexAqua 4X smartphonehas made its debut in India and it falls in the affordable category carrying a price of just Rs 2999. Wallet-friendly as it is, the phone isn’t the cheapest on the market, but it does have the upper hand as only a few handsets offer 3G connectivity in this range. TheIntexAqua4X has been launched exclusively through eBay and it has basic features to offer. One of its biggest downsides is that Android 4.2 Jelly Bean runs the show, while similar devices come with version 4.4 KitKatout of the box. Source: http://www.mobiletor.com
  • 32. व्रत एवं पवव विक्रम संित् 2071 भाद्रपद शुक्ऱ सप्तमी से आश्ववन शुक्ऱ षष्ठी तक शक संित् 1936 राष्रीय भाद्रपद 10 से राष्रीय आश्ववन 8 तक हिजरी सन् 1435 श्िल्काद 5 से श्िऱहहज्ि 4 तक Source: http://www.jagran.com/spiritual/panchang-news-hindi.html 13 ससतंबर पंचमी का श्राद्ध, भरणी-श्राद्ध, चन्द्द्रषष्ठी व्रत
  • 33. . DISCLAIMER – 1-The opinion(s) expressed by member(s) are of their own, and/ORinformation provided by member(s), the users need to verify it from their own sources. No responsibility of any sort taken by me or any member(s) or the moderator for any opinion expressed or the information posted. 2-The Information is mainly compilation of information from various sources and professionals, for sharing of information in core group.