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5 May

Bill to operationalise Land Boundary Agreement with Bangladesh: Cleared

News The Bill to operationalise the Land Boundary Agreement with Bangladesh was today cleared by theUnion Cabinet and now includes territories in Assam along with those in West Bengal, Tripura and Meghalaya. Bill is likely to come up in Rajya Sabha tomorrow. The inclusion of Assam territories in the Bill ...

5 May

Rs 7-cr boost to Maghrol village: Gram Yojna

News Union HRD minister Smriti Irani on Monday made a second visit to Maghrol village in Anand district, which she adopted under the Sansad Adarsh Gram Yojana, Irani laid the foundations stone for 21 developmental projects in the village that will come up at the cost of Rs 7.14 crore. ...

5 May

UN assures to take up Zaki-ur Rehman Lakhvi’s release issue

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 ...

4 May

Inflows in equities hit 7-year high of Rs 7,600-cr: Mutual Funds

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 ...

4 May

Mega launch of insurance, pension schemes

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 ...

4 May

India’s holding of US securities cross $100-bn mark

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 ...

4 May

Defence procurements worth Rs 1,10,000 crore cleared

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.

2 May

Asia Infrastructure Investment Bank: India could be Vice-President

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 ...

1 May

BMW to increase localization to 50 per cent

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 ...

1 May

121 cases against HSBC account holders : Black Money

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 ...

TimeLine Layout

May, 2015