In an unprecedented move, the Central Board of Direct Taxes (CBDT)set up a six-member panel to examine the “efficacy” of the existing primary litigation mechanism in the Income...
Philipp Lahm, the captain of Germany’s football team, announced his retirement from international football. His retirement announcement comes just five days after Germany led by him bagged its...
Even as the Philippines was trying to recover from the destruction caused by super typhoon Haiyan last year, another typhoon Rammasun smashed large parts of the Philippines killing...
In a tragic and shocking incident, Malaysia Airlines Flight 17 (MH17/MAS17), a commercial aircraft on its scheduled flight from Amsterdam to Kuala Lumpur, crashed in east Ukraine. It...
The Supreme Court has issued notice to all states and Union territories on a plea for legalizing passive euthanasia. The apex court issued the notice on a petition...
The business leaders of G20 countries held a meeting named Business 20 (B20) Australia Summit in Sydney. They issued a blueprint for G20 leaders to boost economic and...
Budget of a State/Union Territory under President’s Rule: Budget of a State under President’s rule is presented to Lok Sabha. The procedure followed in regard to the Budget of...
The Reserve Bank of India (RBI) issued draft guidelines for setting up of small banks, which will have a local feel and will provide small-ticket loans to farmers...
Former Rajya Sabha member and veteran leader of the Bharatiya Janata Party (BJP), Mr. Om Prakash Kohli was sworn in as Gujarat Governor. Mr. Kohli’s appointment follows the unceremonious...
BRICS group of nations inked a pact to set up a new $100 billion development bank and emergency reserve fund. The agreement to create the bank was signed...
