N. K. Singh to Head the 15th Finance Commission
15th Finance Commission setting up has been approved by the Union Cabinet chaired by the Prime Minister Narendra Modi on November 22, 2017. It will assess the tax resources of the…
Manushi Chhillar Crowning Miss World 2017 gives Credence to ‘India is Home to World’s Most Beautiful Women’
India’s Manushi Chhillar won the coveted Miss World 2017 title at a glittering event held at Sanya in China on Saturday, 18 November 2017; 17 years after Priyanka Chopra won…
Insolvency & Bankruptcy Code Bars Defaulting Promoters
Insolvency and Bankruptcy Code, 2016 (IBC) amended on 23 November 2017 by the Government of India promulgating ordinance to bar defaulting promoters from bidding for their own assets is one…
Insolvency and Bankruptcy Code, 2016 is a paradigm shift from ‘Debtor in Possession’ to ‘Creditor in Control’ regime
Insolvency and Bankruptcy Code, 2016 (IBC) was passed by parliament in May 2016 and became effective in December 2016 with the aim to consolidate the laws relating to reorganisation and insolvency…
BrahMos Air Launch Missile Fired from Su-30 MKI Aircraft
BrahMos air version anti shipping missile was successfully fired on 22 November 2017 by Indian Air Force from its frontline Su-30 MKI fighter aircraft off the Eastern Coast. The launch…
Manmohan Singh wins Indira Gandhi Prize for Peace, Development & a New International Economic Order
Dr Manmohan Singh, Born in 1932, Former Prime Minister, Finance Minister and Governor of Reserve Bank of India will be the recipient of 2017 Indira Gandhi Prize for Peace, Disarmament…
India’s Sovereign Rating Highest Since 1988
Moody’s Investors Services, the Global credit rating agency, upgraded India’s sovereign rating to the highest since 1988, on 17 November 17, raising it for the first time in 13 years,…
World’s First Hydrogen Tram with Green Energy Starts in China
Marking a big step in the application of green energy in public transport, World’s first Hybrid Electric Tram powered by Hydrogen fuel cells has started running in China and has…
Dassault Reliance Aerospace for Future Needs of Indian Armed Forces
Dassault Reliance Aerospace Limited (DRAL) inauguration ceremony- The foundation laying ceremony of Dassault Reliance Aerospace Limited (DRAL) manufacturing facility took place on October 27, 2017 in Reika Hyde’s which covers…
Recapitalisation to Restore Banks’ Health & Revive Economy
The Centre’s move to infuse Rs. 2.11 lakh crore capital into public sector banks over the next two years, through a blend of financial mechanisms, is expected to help revive…