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Centre to launch Two Insurance Schemes in 2015
The central government is expected to launch in May or June the two insurance schemes announced by Finance Minister Arun Jaitley, said a senior official in Insurance Regulatory and Development Authority of India (IRDAI).
He said IRDAI…
BSE Sensex closes nearly 2% down; Nifty ends 1.83% down
Below-expectation quarterly results coupled with negative global cues led to a benchmark index of the Indian equities markets, the 30-scrip BSE Sensex, closing 556 points or nearly 2 percent down on Monday.
The BSE Sensex had plunged by…
Economy on a Recovery Path with 7.4% Growth in 3 Quarters
The Indian economy is on a recovery path with 7.4 percent growth in the first three quarters of the last fiscal with the new NDA government committed to maintaining overall macro-economic conditions, Finance Minister Arun Jaitley said in…
Strong Govt Show in Parliament can boost Stock Markets
Political determination by the government in pushing through key economic bills in the resumed parliament session from Monday can boost the subdued Indian equities markets, which have been disappointed over the poor quarterly earnings of…
World Bank chief Jim Yong Kim praises Jan Dhan Yojana
World Bank chief Jim Yong Kim has praised the "extraordinary Indian effort" to open millions of bank accounts under Prime Minister Narendra Modi's Jan Dhan Yojana.
"This is an extraordinary Indian effort," Kim said at a panel discussion…
2.67-lakh to write KPSC Exam for 440 Posts in Karnataka
A record 2.67-lakh candidates will appear for preliminary exams on Sunday across Karnataka for just 440 posts in three main state government departments, a senior official said in Bengaluru on Friday.
"The Karnataka Public Service…
Shailesh Kumar Singh takes over as CVO, SAIL
Shailesh Kumar Singh, IAS has taken over as the Chief Vigilance Officer of SAIL w.e.f 16.04.2015. Singh, a graduate in Electrical Engineering from IIT, Kanpur joined the Indian Administrative Service in 1991. He has rich and varied…
Maharashtra FDA raids Snapdeal for selling Medicines Online
The Maharashtra Food & Drugs Administration (FDA) has cracked down on major e-commerce website Snapdeal for selling prescription drugs online, a top official said in Mumbai on Friday.
Its sleuths raided Snapdeal's offices in…
India to grow at 7.5 Percent in 2015: Moody’s
A week after it revised its outlook on India to positive from stable, international credit rating major Moody's pegged India's growth at 7.5 percent for 2015.
"India’s economy is on a cyclical upswing. Forward looking indicators suggest…
India assures Foreign Investors of a Modern Tax Regime
India's Finance Minister Arun Jaitley has assured foreign investors that the government of Prime Minister Narendra Modi was working on a more modern tax regime as part of ongoing reforms to increase investment and reduce regulations to…