News: Money held by Indians in Swiss banks fell by over 10 per cent last year to 1.8 billion Swiss franc (about Rs 12,615 crore), amid an enhanced clampdown against the famed secrecy wall of Switzerland’s banking system by Indian and other governments. This is the second lowest amount of ...
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Govt approves 16 foreign investment proposals amounting Rs 6,750.86 Cr
News: Based on the recommendations of Foreign Investment Promotion Board (FIPB), government has approved 16 proposals of Foreign Direct Investment (FDI) amounting to Rs 6,750.86 crore. The government has approved Torrent Pharmaceuticals’ proposal for increasing FII investment from 13.09 per cent to 35 per cent. While, Syngene International has been allowed ...
Read More »A regulatory body to safeguard home buyers: Maharashtra govt
News: Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President. The Maharashtra Housing (Regulation and development) 2012 was passed two years ago ...
Read More »MGNEGRA workdays increased from 100 to 150 in drought hit areas
News: Battling opposition charge of pursuing “anti-poor” policies, the NDA government has decided to increase the number of workdays under MGNEGRA from 100 days to 150 days in drought-hit areas. A policy decision has been taken that if a family requires 150 days of work under MNREGA in a drought affected ...
Read More »Five major decisions taken by Modi govt
News: In a bid to provide affordable houses and boost the agricultural produce in the economy, Prime Minister Narendra Modi-led Union Cabinet and CCEA on Wednesday took key decisions on the ‘Housing For All’ project and Minimum Support Prices (MSP) for farmers. The government increased the MSP of pulses by Rs 200 ...
Read More »PM Modi has changed terms of India-US engagement
News: India’s ties with the US have been “completely transformed” with setting of new parameters in bilateral engagement during the first year under Prime Minister Narendra Modi, and there is more to come in, all the areas. In one year, India under Modi, government has been used effectively to lay the foundation ...
Read More »Disaster relief material list to be made by govt and non govt organisations
News: The union home ministry wants all central ministries, states and nongovernmental organisations to specify what relief material they can supply within the first 72 ‘golden’ hours of a natural disaster and has spelt it out clearly that they cannot subsequently raise bills with the home ministry for relief supplies. A ...
Read More »China gets its first yoga college
News: The first yoga college in China has been established at the Yunnan University of Nationalities in Kunming. India and China are also jointly organizing a massive 5-day yoga training camp in Chengdu city, where nearly 1,000 Chinese students will be trained by visiting Indian gurus. The camp which will ...
Read More »BrahMos missile ordered for the fourth regiment of Indian Armed Force
News: Indian Armed Forces have ordered a fourth regiment of BrahMos missiles and plan to order another two accordingly for the fifth and sixth regiment. BrahMos Aerospace was founded in 1998, and named in honour of the Brahmaputra River in India and the Moscow River in Russia. There is a ...
Read More »4,400 hectares of land freed from encroachment along Ganga
News: About 4,400 hectares of land along the Ganga has been freed from encroachment in Uttar Pradesh and the Centre has started planting saplings on it as part of a special afforestation drive. Land mafia allegedly had encroached upon the flood plains by forging land records and got the plots transferred in ...
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