Page-38 of IBPS

6th BRICS Summit: India’s PM Modi flies to Brazil

July 15, 2014

Prime Minister Narendra Modi has flown to Brazil to participate in the sixth annual BRICS summit. The BRICS summit – a multilateral forum comprising of the upcoming economies of Brazil, Russia, India, China and South Africa – will be the ..

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9.48% increase in Railway revenues earnings during April – June 2014

July 15, 2014

The Indian Railways has registered a 9.48 % increase in its total approximate earnings on originating basis during April 1, 2014 to June 30, 2014 at Rs. 36674.17 crore compared to Rs. 33499.53 crore during the same period last year. ..

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Rich nations should capitalize Green Climate Fund: India

July 14, 2014

Expressing concerns over the empty coffers of the Green Climate Fund (GCF), India urged rich countries to give their consent to a road-map for its capitalization by 2015 – the year the world will have a universal global climate treaty. ..

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'Vacate Office in New Delhi': India asks UNMOGIP, the UN Observer on J&K

July 13, 2014

Indian Government has asked United Nations Military Observer Group in India and Pakistan (UNMOGIP) to vacate its Government accommodations in New Delhi. Reacting to this, Pakistan said that such steps would not change the legal status of the Kashmir dispute ..

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BSE sets up advisory group on REITs

July 13, 2014

The Bombay Stock Exchange (BSE) has set up an advisory group on REITs (Real Estate Investment Trusts), which seeks to attract long-term funds to the investment-deficient realty sector from both foreign as well as domestic investors. The Budget 2014-15 also ..

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IFRS system mandatory from 2016-17 FY

July 12, 2014

From 2016-17 FY, it will be mandatory for Indian corporate sector to migrate to International Financial Reporting Standards (IFRS) from the current indigenous Indian Accounting Standards. The new system has been necessitated by the need to be consistent with global ..

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Pay MGNREGA workers wages commensurate with minimum wages fixed by State: SC asks Government

July 12, 2014

As per the direction of the Supreme Court, Government must implement its February 2014 notification fixing higher average daily wages to workers of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The order came a day after the proposed ..

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INS Kamorta: India’s first indigenous warship delivered to Indian Navy

July 12, 2014

Garden Reach Shipbuilders & Engineers Ltd (GRSE) delivered to the Indian Navy country’s first indigenously built warship INS Kamorta. The highly sophisticated Anti-Submarine Warship (ASW), the first in its class of four corvettes being built by GGRSE for the Navy was ..

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