After surgical strikes ,Rupee falls The rupee on Thursday lost a whopping 39 paise, its biggest single-day fall in three months, against the US dollar to close at 66.85 after the Army carried out “surgical strikes” Wednesday night on terror launchpads across LoC. Overall sentiment turned highly volatile on fears that heightening tensions between India
After 18 soldiers were killed in the attack on the Army camp in Uri on September 18 2016, the government made up its mind that it could not be business as usual with Pakistan, conversations with top defence, intelligence and diplomatic officials indicate. Areas that are generally used to infiltrate militants across the Line of
EPFO to invest Rs 13,000cr in ETFs in FY17 Buoyed by a handsome return of 12.1% in the first year of investing fresh inflows in equity exchange traded funds (ETFs), Employees’ Provident Fund Organisation (EPFO) has decided to invest 10% of its annual incremental deposits or an estimated R13,000 crore in the current fiscal in these
[no_toc] Jio : COAI’s ‘Backdoor’ remark contempt of court Mukesh Ambani-led Reliance Jio today slammed the telecom lobby group COAI for calling the company a “back door operator”, saying the charge has already been rejected by the Supreme court and leveling such an allegation is “contempt of court.” “The press statement of COAI Director General Rajan
[no_toc] Commodities trading It may open to foreigners The Securities and Exchange Board of India (SEBI) has initiated talks with the Reserve Bank of India (RBI) to allow foreign portfolio investors into the commodity derivatives market. “We are already in talks with the RBI on this matter,” SEBI Chairman U.K. Sinha said on the sidelines
[no_toc] First Indian meet an Organization of Islamic Nations In a recognition of the country’s Muslim community, the second-largest in the world, an Indian has been invited to attend a prestigious conference of the Organisation of Islamic Countries’ Islamic Conference Youth Forum for Dialogue and Cooperation (ICYF-DC). Haji Syed Salman Chishty of Dargah Ajmer Sharif has
Global Competitiveness Index : India Improves India’s ranking in the Global Competitiveness Index for 2016-17, released by the World Economic Forum (WEF), improved 16 places to 39. India’s competitiveness improved across the board, particularly in goods market efficiency (60), business sophistication (35) and innovation (29). recent reform efforts by the government have concentrated on improving
RBS to pay $1.1 billion Royal Bank of Scotland Group Plc (RBS.L) will pay $1.1 billion (845.18 million pounds) to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed. The settlement with RBS brings the U.S. regulator’s recoveries against various banks to $4.3 billion in lawsuits over their sale of
If quality wasn’t reason enough for you to travel gaga over chocolates, then here is another one, a replacement study has recommended that indulgence during a daily chocolate habit might be all it takes for a better-working brain. The study, conducted by researchers at the University of South Australia, University of Maine and also the
Everyone loves a good browse once they’re on vacation, but what proportion higher if the book you’re greedy is really primarily based inside the place you’re visiting? Novels are going to be an amazing because of learn a lot of regarding the history and culture of a part, while not the dry factual feel of
