December 23, 2014
While the Narendra Modi government’s push to incentivize manufacturing in the country -- with its Make in India initiative -- is yet to roll out in any meaningful manner and show its benefit, one industry is already reaping its dividend: the mutual fund business.
According to an article in the Economic Times, three asset management companies have launched or are in the process of launching schemes that are expected to benefit from the proposed initiative.
December 23, 2014
CHENNAI, TAMIL NADU: Eminent filmmaker and Dadasaheb Phalke Award winner K Balachander died here today at a private hospital after prolonged illness.
Hailed as “Iyakunar Sigaram” (Peak among directors) in Tamil film industry Balachander, 84, was hospitalised following age related ailments on December 3. He breathed his last at 7.02 pm today, Hospital authorities said.
December 23, 2014
Prime Minister Narendra Modi's party made big electoral gains in the disputed region of Jammu and Kashmir and captured power in Jharkhand on Tuesday, underscoring the Hindu nationalist's dominance of the political landscape.
December 22, 2014
China just discovered an economy the size of Malaysia’s hiding down the back of the sofa.
China to Overtake US Economy by 2016
The National Bureau of Statistics said Friday that gross domestic product was 3.4% higher in 2013 than original estimates, after recalculating its figures under a new methodology.
December 22, 2014
Gasoline has breached below $2 in a number of gas stations around the country. It has fallen below that level in five large cities, based on the price of an average gallon of gas.
According to GasBuddy, these cities are Tulsa, Okla., ($1.96); Lubbock, Texas, ($1.98): Kansas City, Mo. ($1.99); Fort Worth, Texas, ($1.99); and Dallas ($1.99).
December 22, 2014
New Delhi: Facing opposition attack over the conversion issue, Government today said in Lok Sabha that neither it nor the BJP was involved in such acts and the state governments should take action if anyone violates the law.
Parliamentary Affairs Minister M Venkaiah Naidu insisted that the government does not support conversion or re-conversion.
December 21, 2014
New Delhi: The Bharatiya Janata Party on Sunday hit back at Trinamool Congress leaders for using offensive language against the Prime Minister and the Finance Minister, and called West Bengal Chief Minister Mamata Banerjee a "chit fund minister".
Decemeber 20, 2014
Denying it was behind the devastating cyber attack on Sony Pictures, North Korea warned the U.S. on Saturday that it would face "serious consequences" if it retaliates.
What Are U.S. Options If North Korea Is Confirmed as Cyberterrorist
December 20, 2014
New Delhi: In yet another trouble for Indian diplomat Devyani Khobragade, the External Affairs Ministry has stripped her of her duties as Director in the Development Partnership Division of the MEA. She has been placed under a compulsory wait.
December 20, 2014
New Delhi: India tops the list of 30 countries which feel its development strategy is correct under Prime Minister Narendra Modi. Modi is also one of the most popular leaders at the global stage and has the confidence of Indians in handling domestic and international matters, according to a survey conducted by Harvard's Kennedy School of Government.
