The Finance Ministry has relaxed the investment norm for Life Insurance Corporation of India. LIC can now invest up to 30% of a company’s paid-up capital. Earlier it...
Finance Minister P.Chidambaram held that the amendments to General Anti-Avoidance Rules (GAAR), have been finalized. GAAR, was proposed in the 2012-13 Budget in order to preventing tax evasion....
In order to boost reform in Myanmar US President Barack Obama has trashed a nearly decade-old ban on most imports from Myanmar. Thus, US economy will now open...
SEBI eased the the investment limit for HFCs (Housing Finance Companies) in debt mutual funds. An additional exposure not exceeding 10% of net assets of the scheme shall...
Markandey Katju, former Supreme Court judge and Press Council chairman wrote 2 emails of protest to the Maharashtra CM Mr. Prithviraj Chavan strongly decrying the arrest of two...
Tata Tele took Vodafone to Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against Vodafone’s notice threatening to disconnect termination of SMSes on its network over a dispute on...
Bharti Airtel Ltd, India’s largest telecommunications operator has finished an end-to-end network transformation program across the 16 African countries in which it operates. This transformation programme by Airtel...
The RBI and the State Bank of Vietnam (SBV) concluded a Memorandum of Understanding (MoU) to encourage greater co-operation and sharing of supervisory information b/w the two supervisors.
Liberian President Ellen Johnson Sirleaf chosen for this year’s Indira Gandhi Prize for Peace, Disarmament and Development for being an "inspiration" to women and ensuring return of peace...
Yuvi: The book on Indian Cricketer Yuvraj Singh written by Makarand Waingankar. The book illustrates the cricketing career of Yuvraj Singh and how tough he is, how he...
