News UNSC questioned Pakistan’s “sincerity” in the matter of a terrorist’s release. In this regard, UN Security Council assured that it will take up the issue of Mumbai terror attack mastermind Zaki-ur Rehman Lakhvi’s release at its next meeting. India  conveyed to Pakistan its unhappiness at the way the case was ...

News Mutual fund managers pumped in over Rs 7,600 crore in equity markets in April, making it their highest net inflow in more than seven years, mainly on account of positive investor sentiments and the government’s reforms agenda. Mutual fund (MF) industry’s asset base has grown around 10 per cent ...

News Prime Minister Narendra Modiwill launch on May 9 social security insurance and pension schemes in Kolkata, while other ministers will unveil them in different cities. Benefits These schemes, are aimed at providing affordable universal access to essential social security protection in a convenient manner linked to auto- debit facility ...

News India purchased nearly $ 10 billion worth bonds in just one month. This made India’s exposure to US government securities reach $ 101.7 billion. The holdings crossed the $ 100 billion-mark in February, the highest level in more than a year. From the time Prime Minister Narendra Modi-led government came to the power ...

News The Defence ministry has cleared procurements worth Rs 1,10,000 crore, of which 90% are under ‘Make in India’. Finalistion of defence procurement procedures will be completed in the next 2-3 months.

News India is likely to get the Vice-President’s post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members. Chances of India getting the Vice President’s post are high as the vote share is expected to be based on 50 per ...

News Luxury car major BMW India will increase the localization of  its vehicles to 50 per cent, which is in line with the Make-in-India programme. BMW has localised production of engines and gearboxes at its Chennai plant with a capacity to produce 14,000 vehicles per year About 95 per cent of cars ...

News The Income Tax department filed 121 cases for prosecution of  entities whose names have appeared in the HSBC Geneva bank Undisclosed income  of Rs 4,800 crore has been brought under tax net in these cases at the end of the last fiscal. A report  has been sent to the Special Investigation ...

News Government has cleared the proposal of ‘integrated border management system’. It comprises of thermal imaging, fiber optics communication, radars scanner and sensors, which will be installed at the eight rivulets along the IB. It is expected to reduce infiltration through riverine stretches on the international border. There is about 145.876 ...

News New companies will be able to start their business  by filing just one integrated company incorporation form, starting May 1st 2015,  against eight separate forms earlier The new form, called INC-29, will be available on the Ministry of Corporate Affairs website. Benefits This is part of the government’s drive to improve India’s ...