Daily News

Image

SEBI allows side-pocketing in mutual funds

Securities and Exchange Board of India (SEBI) allowed mutual funds to segregate their holdings in stressed securities Known as side-pocketing in mutual fund (MF) parlance. It is practice where fund houses isolate risky assets and cap redemption.

Did you Know

Ajay Tyagi is SEBI Chairman.

Image

Zoramthanga to be sworn in as Mizoram CM

In the 40-seated Assembly of Mizoram, Mizo National Front(MNF) has secured a landslide victory bagging 26 seats. Zoramthanga to be sworn in as Mizoram Chief Minister for Third time. He was state chief minister for two terms earlier from 1998 to 2008.

Did you Know

Kummanam Rajasekharan is Governor of Mizoram.

Image

Retail inflation hits 17-month low at 2.33% in November

Retail inflation eased to a 17-month low in November this year at 2.33 percent, mainly due to decline in prices of kitchen essentials like vegetables. Inflation in November was within the Reserve Bank of India's medium-term goal of 4%.

Did you Know

Min. Statistics and Program Implementation-Retail Inflation.

Image

Delhi Police enters into Limca Book of Records

Delhi Police has entered the Limca Book of Records by training over two lakh women and girls under their self-defence programme in 2017. Delhi Police's self-defence programme is carried out by the Special Police Unit For Women and Children.

Did you Know

Amulya Patnaik is Delhi Police Commissioner.

Image

K Chandrasekhar Rao sworn in as Telangana CM

Telangana Rashtra Samiti President K Chandrasekhar Rao sworn-in as the Chief Minister of Telangana. This is the second time that he is going become the Chief Minister of the state. Governor ESL Narasimhan administered his oath.

Did you Know

Hyderabad is the Capital city of Telangana.

Image

Private life insurers registered growth

Private sector life insurance companies posted a 23.2 percent growth at Rs 40,197.86 crore in their new premiums for April-November 2018, compared to a year ago. Life Insurance Corporation of India (LIC) posted a 7.9 percent YoY drop in new premium.

Did you Know

HDFC Life Insurance registered a 40 percent YoY premium growth.

Image

Ashok Kumar Tyagi appointed as chief financial officer (CFO) of DLF.

Realty major DLF group CFO Saurabh Chawla has resigned from the company. Ashok Kumar Tyagi, the company's whole-time director, would be the new group chief financial officer (CFO), DLF. DLF is the largest commercial real estate developer in India.

Did you Know

Mohit Gujral is CEO of DLF Group.

Image

ISRO Signs Agreement with ROSCOSMOS

India’s ISRO and Russia’s ROSCOSMOS have signed a Memorandum of Understanding (MoU) on ‘Joint Activities in the field of Human Spaceflight Programme’. Specific missions to International Space Station on Soyuz have not been included in the MoU.

Did you Know

Soyuz is the most reliable launch vehicle in the world to date.

Image

Factory output grows 8.1% in October

According to data released by the statistics office, India’s industrial production (IIP) grew 8.1 percent in October as against 4.5 percent in September, aided by a favourable base effect and robust output in all key sectors—manufacturing, electricity.

Did you Know

Central Statistical Organisation (CSO) publishes IIP on monthly

Image

Arunima Sinha begins an expedition to Mount Vinson, Antarctica

Prime Minister Narendra Modi handed over the tricolour flag to Arunima Sinha, marking the beginning of her expedition to Mount Vinson, Antarctica. She is the first female Divyang to climb Mount Everest. She was also a national level volleyball player.

Did you Know

Sinha-1st female Divyang reached the highest peak in 5 continent