Page-4 of 2012

Aam Aadmi, Janashree Bima Yojana exempted from service tax

Government has exempted services of life insurance business provided  under Aam Aadmi Bima Yojana (AABY) and Janashree Bima Yojana (JBY)from service tax. Aam Aadmi Bima Yojana Launched in 2007 Covers death and disability insurance for the benefit of rural landless ..

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Virbhadra Singh takes oath as Himachal CM for a record sixth time

Congress leader Virbhadra Singh was sworn in as the Chief Minister of  Himachal Pradesh for a record sixth time. Previously, he was Chief Minister 5 times b/w 1983 and 1985; 1985 and 1990; 1993 and 1998 and 2003 and 2007.

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After referendum Egypt approves new constitution

Egypt voters approved a constitution drafted by President Mohamed Mursi’s Islamist allies. The new constitution was adopted with 63.8% of the vote which gave Islamists their third consecutive victory at the polls since Hosni Mubarak was ousted in a 2011 ..

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President Obama: TIME’s Person of the Year

TIME magazine has named US President Barack Obama Person of the  Year "For finding and forging a new majority, for turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union". This is the second ..

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India, ASEAN finalize FTA pact in services, investments

India and the Association of Southeast Asian Nations (ASEAN) finalized the Free Trade Agreement (FTA) in services and investments. What does this mean?

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U.S. House approves $633 billion Defense Authorization Bill

U.S. House of Representatives approved the Defense Authorization Act of 2013, and it is now headed to the Senate for passing the $633 billion Pentagon budget. Highlights in the Bill:

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IntercontinentalExchange (ICE) to acquire NYSE

Atlanta based exchange, IntercontinentalExchange Inc., is buying,  more than 200 years old, New York Stock Exchange (NYSE) for about $8 billion.  The deal has been approved by the boards of both companies, but still needs the clearance by regulators and ..

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Jeet Thayil among 24 selected for Sahitya Akademi Awards 2012

Jeet Thayil, whose novel Narcopolis was nominated for the Booker, has  been one among the 24 authors selected for Sahitya Akademi Awards 2012. He was selected for his poetry collection ‘These Errors are Correct’ in English. About Sahitya Akademi Award ..

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500-year-old gunpowder sacks discovered

Around 500 year old Gunpowder bags, dated back to around 1550, were found near the Jain temple in the Sonar fort of Jaisalmer, made famous by Satyajit Ray’s film ‘Sonar Kella’. These explosives were used in cannons. What is Gunpowder? ..

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BlackBerry appoints Ranbir Kapoor as its brand ambassador

Blackberry smartphone manufacturer Research-In-Motion (RIM) has   appointed Ranbir Kapoor as its brand ambassador in India.

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