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.
Ajay Tyagi is SEBI Chairman.
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.
Kummanam Rajasekharan is Governor of Mizoram.
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%.
Min. Statistics and Program Implementation-Retail Inflation.
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.
Amulya Patnaik is Delhi Police Commissioner.
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.
Hyderabad is the Capital city of Telangana.
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.
HDFC Life Insurance registered a 40 percent YoY premium growth.
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.
Mohit Gujral is CEO of DLF Group.
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.
Soyuz is the most reliable launch vehicle in the world to date.
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.
Central Statistical Organisation (CSO) publishes IIP on monthly
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.
Sinha-1st female Divyang reached the highest peak in 5 continent