Canada’s Brookfield Asset Management Inc will invest about $1 billion (Rs 7,000 Crore) in a joint venture with State Bank of India to invest in businesses with stressed assets. Brookfield Asset Management, Inc. is a global alternative asset manager which focuses on the real asset sectors of property, infrastructure, and renewable energy. The firm has […]
Author: Sushil Joshi
Parliament’s Monsoon Session Begins, PM Modi Urges All Parties to Support GST Bill
With sparks all set to fly in the Parliament over a range of issues, the Monsoon Session of the Parliament began on Monday. About a dozen pending bills have been listed by the government for consideration and passage during the monsoon session. Ahead of the session, PM Narendra Modi appealed opposition parties to help the […]
French Police Arrests Two More Suspects in Connection with Truck Attack in Nice
On Sunday, French authorities arrested two more suspects, a man and a woman, in connection with truck attack in Nice. On Thursday night, Mohamed Lahouaiej Bouhlel, a Tunisian-born émigré killed at least 84 people in the city when he rammed a truck into Bastille Day revelers, many of whom were foreign tourists. Tens of thousands […]
Reliance Exported Less than 10 Million Tonnes of Petroleum Products in April-June Period
Reliance Industries’ petroleum product exports dipped below 10 million tonnes in April to June Period – the first time after three quarters – due to rise in domestic demand. The largest petroleum exporter of India exported 9.8 million tonnes of petroleum products in the first quarter of 2016-17. In January-March 2016, the company had exported […]
Minority Affairs Minister Najma Heptulla and Minister of State for Heavy Industries G M Siddeshwara Resign from their Posts
On Tuesday, Minority Affairs Minister Dr Najma A Heptulla and Minister of State for Heavy Industries G M Siddeshwara resigned from their posts. President Pranab Mukherjee has accepted both resignations. These resignations have come about a week after PM Modi’s major expansion and reshuffle of his Cabinet on July 5. PM Modi had inducted 19 […]
Theresa May to be the Next Prime Minister of the UK
Theresa May will be the next prime minister of the UK. She was announced the winner of the Conservative leadership contest on Monday afternoon. “I am honored and humbled to have been chosen by the Conservative Party to become its leader,” said May, the UK’s home secretary, in London. “During this campaign, my case has […]
India to Import 5 Lakh Tonnes of Maize to Check Prices
The Government of India has decided to import 5 lakh tonnes of maize to check price rise and hoarding in view of fall in domestic production of the crop. “To check prices & prevent hoarding Smt @nsitharaman approves importing 5,00,000 MT of maize under Tarrif Rate Quota by State Trading Entp,” the Indian commerce ministry […]
Burhan Wani, Hizbul Mujahideen Commander, Killed in Joint Operation in Kashmir Valley
Burhan Wani, a commander of terrorist group Hizbul Mujahideen, was killed on Friday in a joint operation of Indian Army and Jammu & Kashmir Police. Wani, 22, had become a poster boy of the Valley’s militancy, and was killed along with two other terrorists in Anantnag district of Kashmir. The killing of Wani is being […]
Britain Participated in Iraq War Based on Wrong Intelligence Reports, Says Chilcot Report
Britain’s participation in Iraq War was based on misleading intelligence reports, according to the 2.6 million-word Chilcot report that was released on Wednesday and delivered damning verdict on Britain’s most controversial military engagement since the end of the Second World War. Chilcot report says Iraq War could have been averted had leaders chosen peaceful diplomatic […]
ICICI Bank to Add 400 New Branches and 1000 ATMs in FY17
India’s second largest bank ICICI (Industrial Credit and Investment Corporation of India) will add around 400 more branches across the country to boost business from retail operations. The bank will also open around 1,000 more ATMs across the country in the current fiscal year. Headquartered in Mumbai, ICICI is an Indian multinational banking and financial […]
Indian Girl Tarishi among 20 Foreigners Killed by Terrorists in Dhaka
Tarishi Jain, an Indian girl, is among the 20 foreigners killed by terrorists at Holey Artisan Bakery in Dhaka. Tarishi’s body was identified on Saturday. Her relatives are now reported to be arriving in Dhaka to be with the family. Last rites of Tarishi will take place in India. Terrorists killed 20 foreigners, most of […]
World Bank Gives India $1 Billion Loan for Solar Mission
The World Bank has announced to give a loan of $1 billion to India in support of country’s ambitious solar generation plans. This is World Bank’s largest financing to date of solar projects for any country in the world. The World Bank signed agreement to give about $625 million for the Grid Connected Rooftop Solar […]
Thirty-Seven Police Cadets Killed in Afghanistan in Suicide Bombings outside Kabul
At least 37 police cadets were killed in Afghanistan after two suicide bombers targeted their convoy near Kabul. About 40 people were also injured in these attacks. Suicide attacks occurred at 11 am local time, about 20 km west of Kabul in Paghman district. Taliban has claimed responsibility of the attack. Musa Rehman, the district […]
India Tests Surface-To-Air Missile System Developed in Collaboration with Israel
On Thursday, India successfully tested surface-to-air missile that has been developed in collaboration with Israel. The system dubbed Medium Range Surface-to-Air Missile system (MR-SAM) was tested at the Integrated Missile Test Range at Chandipur in Balasore, Odisha. This missile system is a product of joint venture between India and Israel. The missile was fired from […]
EU Leaders Deliver Tough Message to David Cameron in Brussels
On Tuesday, British Prime Minister David Cameron had to face stiff anger of European Union (EU) leaders in Brussels. These leaders had a tough message for Cameron at their post-Brexit two-day summit in Brussels. EU leaders told Cameron that Britain should immediately leave EU, and should not expect to have same trade benefits that it […]
Kurukshetra, Yamuna Nagar will be Included in Krishna Circuit: Khattar
Manohar Lal Khattar, the Chief Minister of Haryana, has announced that Kurukshetra and Yamuna Nagar districts of Haryana will now be included in Krishna Circuit. With the support of central government, these districts will now become famous internationally for their cultural, religious, and spiritual significance in tourism sector. In a bid to attract international tourists, […]
‘Pakistan Cannot Conquer Kashmir through War’ Says Former Foreign Minister of Pakistan Hina Rabbani Khar
Former Foreign Minister of Pakistan, Hina Rabbani Khar has said that Pakistan cannot take away Kashmir from India in a war. In an interview with Pakistan News Channel Geo News, Ms Rabbani said war is not a solution for Kashmir problem, and dialogues between two countries is the only solution to resolve the issue. She […]
India Becomes Full Member of Missile Technology Control Regime (MTCR)
On Monday, India joined The Missile Technology Control Regime (MTCR) as the 35th member of the elite group. According to experts, this MTCR membership will enable India to deal in high-end missile technology. Indian Foreign Secretary S Jaishankar received MTCR membership papers in New Delhi on Monday, and signed the instrument of accession in the […]
India has Sustained Growth Despite Global Slowdown, Arun Jaitley Says
Despite global slowdown, India has successfully maintained high growth rate, and needs $1.5 trillion for infrastructure, finance minister Arun Jaitley said on Sunday. “We have been able to sustain growth in the phase of global slowdown essentially on the strength of the infrastructure creation in India where the gap is huge,” Jaitley said at the […]
Amit Shah Addresses Public Rally at Haridwar, Promises to Give Corruption-Free Government in Uttarakhand
On Saturday, BJP President Amit Shah addressed the ‘Shankhnaad Rally’ in Rishikul Maidan in Haridwar and promised the people of Uttarakhand that BJP will give a corruption-free government in the state. He appealed the public to vote out Congress from power in 2017 state elections. Amit Shah said BJP will ensure development of Uttarakhand with […]
Britain Exits EU – Over Rs 4 Lakh Crore Knocked off from India Stock Market
Britain has voted to exit European Union (EU) in a historical referendum, in which 51.9% people voted in favor of Britain’s exit from EU, while 48.1% people opposed the idea. Prime Minister David Cameroon announced his resignation after the results were declared. He said the country needs a change in leadership following the results of […]
India Fails to Get Membership of Nuclear Supplier Group (NSG)
India failed to get membership of the Nuclear Supplier Group (NSG) in the two-day plenary that concluded in Seoul on Friday. India’s application for the NSG membership was rejected following opposition from 10 member countries. China strongly opposed India’s entry into the group, while most other members including the US, France, and Britain were in […]
Union Cabinet Clears Rs 6,000 Crore Package for Textile Sector to Create 10 Million New Jobs
Union Cabinet of India has cleared Rs 6,000 crore special package for textile sector to deal with the increasing competition from China’s textile and apparel industry. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. According to the government, the new move is expected to attract investments […]
International Yoga Day 2016: Thousands of people Participate in Yoga Sessions in India
On Tuesday, Prime Minister participated in a mass yoga demonstration in Chandigarh on the occasion of International Yoga Day 2016. The event , which began at 6:30 am, was organized at the Capitol Complex in Chandigarh, and over 30,000 people, took part in the event. Hundred differently-abled children were also present at the Capitol Complex […]
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