Date: 30th Apr 2012

Important News of the Day

1. Govt to spend Rs 2L cr to battle climate change.
2. Telenor ready to write off 14000cr, pull out of India.
3. Govt may ease curbs on cotton exports.
4. Govt set to roll out phases from 1st july for cable digitization, which is necessary to revive TV broadcast industry.
5. DAS- Digital Addressable System.
6. TCS chief N Chandrasekaran takes over as chairman of IT industry body NASSCOm today.
7. Sebi streamline FII debt allocation process.
8. Wan Ho Shon (Korea) beat World no. 1 Lee Chong Wei, won India Open title (badminton).

Date: 29th Apr 2012

Important News of the Day

1. Ex-BJP chief Bangaru Laxman gets 4 years in jail for ‘political graft’.
2. According to NSSO (National Sample Survey Org) poverty line would be Rs 66.10 for Urban areas and Rs 35.10 for Rural region.
3. Ban Ki-moon is on a visit to India to discuss peace security human rights & public health.
4. New Governor of Goa- B V Wanchoo, New Governor of U'khand- Aziz Qureshi, New Governor of Rajasthan- Margaret Alva, New Governor of Andhra Pradesh- E S L Narasimhan, New Governor of Maharashtra- K Sankaranarayanan.

Date: 28th Apr 2012

Important News of the Day

1. India, US poised for $8bn def deals.
2. Four blasts rock Ukraine.
3. A/c transfer within bank made easier, no need for full KYC again portability between banks may be next.
4. Samsung No. 1 handset maker, Nokia’s 14-Yr reign ends.
5. S&P cuts Spain's rating to BBB-plus from A.

Date: 27th Apr 2012

Important News of the Day

1. EPFO rates to be hiked to 8.6% this fiscal.
2. India successfully launched the Risat I (radar imaging satellite) from Sriharikota to survey borders 24*7.
3. Regressive Bill raising legal age for sex to 18yrs cleared.
4. INS Teg armed with BrahMos Cruise Missiles, to be inducted today, the other two stealth frigates, INS Tarkash and INS Trikand, ordered from Russia under a $1.15-billion contract, will follow in Sept 2012 and July 2013.
5. Cabinet okays weak banking bill cap on voting right for foreign investors in pvt banks raised to 26% from 10%.
6. Telcos to gain from Trai’s 2G recommendations, lowering of revenue sharing will ensure substantial savings despite higher reserve price.

Date: 26th Apr 2012

Important News of the Day

1. India gets a bad appraisal: S&P revises outlook to 'negative'.
2. Pak test fires Shaheen 1A.
3. UK slides into another recession, gdp fell in 1st quarter of 2012.
4. IIFCL (Ind Infrastructure Finance Company Ltd) plans $1bn infra debt fund.
5. Maoist free BJD MLA Jhina Hikaka as he agrees to quit from the assembly.

Date: 25th Apr 2012

Important News of the Day

1. Ind set to get a law to counter piracy.
2. RS clears RTE bill, kids with disability to get benefits.
3. SC extends deadline for 2G auction.
4. Govt may get Rs 40K cr from retrospective tax.
5. Banks cut lending rates despite liquidity fears.

Date: 24th Apr 2012

Important News of the Day

1. Trai for 10-fold hike in 2G spectrum fee, tariffs may rise.
2. ETFs- Exchange traded funds.
3. Govt plans bonds to stop doc's brain drain.
4. Pak navy gets its 1st fast-attack ship PNS Azmat from China.
5. N korea threatens to turn Seoul to ashes in 3 minutes.
6. Macquarie shuts down India fund.
7. SBI reduces auto loans & deposit rates.

8. Nestle to buy Pfizer unit for $12bn.
9. TRAI values 2G spectrum at Rs. 7L cr.

10. Robin Van Persie nets PFA (Professional footballer's association) Player of d Year award.

Date: 23rd Apr 2012

Important News of the Day

1. DRDO plans to build reusable missiles.
2. India 7th nation after US, Russia, China, UK, France and Israel with ICBM tech.
3. FCI: Foodgrains may rot due to lack of space.
4. France votes, Sarko stares at defeat, Francois Hollande may be the new prez if he won election.
5. Govt mulls new norms, tax sops to revive SEZ boom, Minimum Area May Be Cut To Just 25% Of Present Figure.
6. TOI leads Abby creative awards winning 21 metals at Goafest.
7. Sebastian Vettel won Bahrain F1 GP.
8. Rafael Nadal beat Novak Djokovic, won Monte Carlo Masters.

Date: 22nd Apr 2012

Important News of the Day

1. World Earth Day- 22nd Apr.
2. Maoists abduct Sukma district collector Alex Paul Menon in Bastar.
3. Dr K Srinath Reddy, chief of PM Manmohan Singh’s medical panel, became the first Indian to head the World Heart Federation (WHF).

Date: 21th Apr 2012

Important News of the Day

1. Kerala wrong in detaining Italian ship: Centre to SC.
2. 127 killed as Pak plane crashes near Islamabad.
3. China claims Agni V range is 8,000km.
4. Himalayan Expressway inaugurated by C.P Joshi, it passes through Punjab, Haryana, Himachal Pradesh.
5. DRDO’s new target: Anti-satellite (AST) weapons.
6. National Green Tribunal cancels environment cl...earance to Jindal's coal mining project in Chattisgarh.
7. Pak media hails Kayani for his stand on Siachen.
8. PM Manmohan Singh on Friday inaugurated the platinum jubilee celebration of the Assam assembly.
9. Pullout from India to cost Sistema $1bn.
10. Core biz slows, RIL Q4 net falls 21%.

Date: 20th Apr 2012

Important News of the Day

1. BEML chief part of conspiracy in awarding 40cr contract: CBI.
2. Taliban to strike if Pak reopens Nato routes.
3. ICICI Bank, PNB cut lending rates
25-Bps Reduction To Bring Down Loan Costs For New, Existing Customers.
4. FY12 trade deficit hits record $185bn.
5. Nissan’s Datsun plans low-cost car at 2-4L.
6. Instagram deal pegs Facebook at $104bn....
7. Intel enters smartphone market in India with Xolo.
8. New CII (Confederation of Indian Industry) chief- Adi Godrej.
9. Airlines can borrow up to $300m via ECB route.

Date: 19th Apr 2012

Important News of the Day

1. Agni-V (5,000 km range) launch put off due to weather, test will now take place today.
2. Angry after rocket fiasco, N Korea ups N-test ante.
3. Kayani seeks India’s help for Siachen solution.
4. IDBI Bank cuts its lending rate by 0.25%, HDFC Bank to follow suit.
5. Audi to buy Ducati for $1.1bn.
6. Ruias in talks to sell $1bn Aegis BPO.
7. Nestle may buy Pfizer unit for $9bn.
8. Inflation back as retail prices soar, CPI for March rose to 9.47%.

Date: 18th Apr 2012

Important News of the Day

1. BJP won MCD elections in Delhi.
2. Antony acts on Gen’s plaint, fast-tracks arms acquisitions
Border Infra, Rly Lines To Get Boost For Quick Troop Mobility.
3. NGRBA- National Ganga River Basin Authority.
4. The Tokyo Sky Tree (2,080 ft), is the world's tallest TV tower.
5. Repo rate slashed to 8%, reverse repo 7%, bank rate is now 9%, MSF rate 9%.
6. RBI projected growth rate of 7.3% for the current fiscal year.
7. RBI dons activist hat for consumer cause, seeks zero balance a/cs to all, no pre-payment fees on loans.
8. ITC becomes top-weighted stock, beats RIL.
9. IMF lowers India’s 2012 growth forecast to 6.9%.
10. New York Times bags two 2012 Pulitzer Prizes for Explanatory and International Reporting.
11. No Champions Trophy after 2013.

Date: 17th Apr 2012

Important News of the Day

1. Govt bans use of live animals for edu, research.
2. US nominee Korean-American Jim Yong Kim, has been chosen as the new president of the World Bank.
3. Inflation softens to 6.89% in March.
4. Dabur becomes $1bn company.
5. US Exim Bank to fund R-Power’s solar expansion.
6. Sahara India to sponsor volleyball teams.
7. Rory McIlroy becomes no. 1 in Golf.

Date: 16th Apr 2012

Important News of the Day

1. Kabul under siege as Taliban blitz rips through diplomatic zone.
2. China invites Japan and South Korea for observatory plans in Askai Chin.
3. EACOA- East Africa Core Observations Association.
4. EACOA member countries- China, Japan, S Korea, Taiwan.
5. Mileage labels on cars soon, norms for companies from 2015.
6. Overseas ops of banks under lens, Govt seeks finance and JV performance details of PSBs amid euro crisis.
7. IMPS- Interbank Mobile Payment Service.
8. Ajinkhya Rahane of Rajasthan Royals slams 1st ton of IPL-5.
9. Germany's Nico Rosberg won Chinese GP in Shanghai.

Date: 15th Apr 2012

Important News of the Day

1. RAW postings under RTI lens, Appointment’s Administrative Process Not Exempted From Act: CIC.
2. Soon, MGNREGS-like scheme for urban areas.
3. Mild quakes in Gujarat, Maharashtra.
4. Salman Bashir new Pak envoy to India.

Date: 14th Apr 2012

Important News of the Day

1. India throws open FDI window for Pak, investments may be allowed in via FIPB route.
2. FIPB- Foreign Investment Promotion Board.
3. Centre needs 2.3L cr to fund RTE initiative.
4. Rishi faces ED heat over Tatra ‘scam’.
5. Delhi to get mega cultural multiplex worth Rs 300cr.
6. PC inaugurates ICP (integrated check post) at Attari-Wagah for Ind-Pak trade.
7. Jadavpur professor Ambikesh Mahapatra arrested over forwarding Mamata's cartoon.
8. RIC (Russia, India, China) trilateral meeting between Foreign Ministers held in Moscow on N Korea rocket launch.
9. Rocket launch fails, North Korea eyes N-test.
10. Bank credit grew 19% last fiscal.
11. India, Pak in talks to open bank branches: Anand Sharma.
12. Generation capacity tops 2 lakh MW.
13. Samantha Biotechnics acquisition facing Voda-like tax, Sanofi seeks French help.

Date: 13th Apr 2012

Important News of the Day

1. India celebrates Public Sector Day today.
2. SC upholds RTE (right to education), paves way for revolution in schooling, 25% quota for poor students in all boards.
3. Maoists free Italian hostage Paulo.
4. Govt clears Rs 30K cr AI bailout, fund will be proposed to be pumped in over next 9 yrs, Rs 6750 cr infused immediately.
5. Secure HSNP (higher security number plates) on tracks from May 1.
6. Prez seeks SC clarity on 2G ruling bailout.
7. Strong twin earthquakes rattle Mexico.
8. Mitsui Sumitomo Insurance Co (MSICL) of Japan picks up 26% in Max NY Life, stake buy valued at Rs 2731 cr, NY Life exits JV with Max India.
9. Govt blundered on Jan IIP, cuts it from 6.8% to 1.1%, sugar goof-up, 58L became 134L.
10. IIP growth slows to 4.1% in Feb.
11. Maruti launches Ertiga.
12. Shiva Thapa and Sumit Sangwan, young Indian Boxers won gold in Asian Meet to add to Olympic qualification.

Date: 12th Apr 2012

Important News of the Day

1. 8.6 magnitude earth quake strikes off Banda Aceh in Indonesia, other countries also hits including India, SriLanka, Australia.
2. FIIs sell their stakes, net outflow over Rs 1,000 cr in three days, analysts blame govt's tax rules.
3. Govt to fund 30% highway projects.
4. Emirates may invest in an Indian carrier.
5. Finmin to start selloff from June to meet disinvestment target.
6. MIMPS- Manner of Increasing and Maintaining Public Shareholding In Recognized Stock Exchanges.
7. Smriti Mehra is ‘women golfer of the year’.

Date: 11th Apr 2012

Important News of the Day

1. Govt may allow 49% FDI by foreign airlines this week, Jet, IndiGo unlikely to be eligible for FDI.
2. Airtel launches 4G in Kolkata.
3. Apple’s m-cap hits $600bn for 1st time.
4. Credit growth slows down to 17%.
5. PNGRB- Petroleum and Natural Gas Regulatory Board.
6. Instagram CEO- Kevin Systrom.
7. TDLTE- Time-Division Long-Term Evolution.
8. Govt seeks Prez reference in 2G case,
wants views on auction of resources, all telecom licences issued since 1994 .

Date: 10th Apr 2012

Important News of the Day

1. New India Assurance achieves Rs 10,000 cr global premium, first Indian General Insurance company to cross $2bn global premium.
2. Navy to deploy spy drones on TN coast.
3. iGate will delist Patni at 520/share.
4. Facebook buys mobile photo-sharing app Instagram FOR $1bn.
5. China’s inflation up at 3.6%.
6. Apple keen to set up stores in India.
7. Kingfisher staff paid after four months.
8. PSU banks may have to close loss-making arms.
9. Bubba Watson of USA clinched Augusta Masters (golf).
10. Saurav Ghosal bt Robbie Temple of England, won El Gouna International Open (squash) in El Gouna, Egypt.

Date: 9th Apr 2012

Important News of the Day

1. Citi Bank completed 200 yrs, it was opened in NY in 1812.
2. PM talks on terror, Zardari emphasis on Kashmir issue, PM offers Pak help in Siachen tragedy.
3. IL&FS may buy Hershey’s 51% in JV, its rest 49% stake is with Godrej group.
4. 25% stake may be must for 2 cos in FDI joint venture.
5. Recovering Yuvraj returns to India today.

Date: 8th Apr 2012

Important News of the Day

1. Pak president Asif Ali Zardari and his son Bilawal Bhutto to meet PM today.
2. Avalanche buries 100 Pak soldiers in Siachen.
3. Legal cover for HIV+ soon.
4. Mali junta: Power shift to interim govt, Diouncounda Traore becomes the new interim president.

Date: 7th Apr 2012

Important News of the Day

1. World Health Day- 7th Apr.
2. Cities may get taller as panel seeks higher FSI (floor space index).
3. H1N1 claims three lives in Bangalore.
4. World’s first women pipe band in CRPF, headed by Darshana Kumari.
5. Bad loans spark bank downgrades, Ratings Of 6 PSU Banks Cut This Year Higher Levies, Oil.
6. Nasscom creates health insurance plan for IT cos.

Date: 6th Apr 2012

Important News of the Day

1. EPF interest rate may be increased to 8.6% this yr.
2. Govt plans tax on vacant land to check hoarding.
3. Tax incentives on exports to Iran.

Date: 5th Apr 2012

Important News of the Day

1. ASEAN summit held in Cambodia.

2. India gets a N-powered submarine INS Chakra on 10-yr lease from Russia for $1bn, talks on with Russia for 2nd N-sub, said Antony.

3. Govt may cut excise duty on petrol to avert price hike.

4. FM to meet jewellers as three-week strike causes Rs 15K cr loss.

5. Baroda bt Punjab, won Syed Mushtaq Ali trophy (cricket).

6. Nadia Petrova- Maria Kirilenko of Russia bt Roberta Vinci-Sara Errani of Italy, won Miami women double.

7. Poland's Agnieszka Radwanska bt Russia's Maria Sharapova, won Miami Open women title.

Date: 4th Apr 2012

Important News of the Day

1. ISRO's commercial arm Antrix signs Rs. 100cr deal to launch French satellite SPOT 6.
2. Mutual Funds lose Rs. 36K cr in FY12, down to 3-yr low of Rs. 6.7L cr.
3. Govt may not hike insurance FDI limit, to retain voting cap in pvt banks.
4. FSA- Fuel Supply Agreement.
5. BSE's CEO Madhu Kannan to join Tata sons.
6. Govt issued presidential directive to CIL to sign 20-yr agreement FSA with new power projects.
7. Govt securities or G-sec yield hits 4-month high, ends at 8.74%.
8. IPL 5 starts today, 4th Apr-27th May.

Date: 3rd Apr 2012

Important News of the Day

1. J'khand, Bihar contributes up to 20% of their Gross State Domestic Products (GSDP) in 2011-12.

2. BEML (Bharat Earth Movers Ltd) Chief- V R S Natarajan.

3. Aung San Suu Kyi won by-election in Myanmar.

4. Currency of Myanmar- Kyat.

5. RBI eases FCA (Foreign Currency Accounts).

6. India rejects Qatar's offer for LNG supply.

7. AIFs- Alternate Investment Funds.

8. SGF- Settlement Guarantee Fund.

9. Sebi allows bourses, PEs (private equity funds), VCs (venture capital funds) to list.

10. Murdoch-Owned STAR Channel To Beam India’s Home Matches From 2012-18; Deal With BCCI Worth Rs 3,851 cr.

11. Ajit Pal named as thehead to lead Indians in Olympics .

12. Novak bt Murray, won Miami Open.

13. Hyderabad to host Jr World TT in 2012.

Date: 2nd Apr 2012

Important News of the Day

1. Amarendra Khatua, special envoy in Sudan to help promote peace and protect India's interests in oil.

2. Vodafone may take India to UN over tax.

3. Ravi Rishi, owner of Britain -based Vectra group has been questioned by CBI on Tetra Truck deal.

4. Suu kyi, leader of National League for Democracy (NLD) set to enter Myanmar's Parliament.

5. Oil cos may lose Rs. 2L cr this fiscal by selling fuels at govt-controlled rates.

6. Leander Paes-Radek Stepanek bt Max Miryni and Daniel Nestor, won the Miami ATP Masters. This win gave a 50th title to Paes.

Date: 1st Apr 2012

Important News of the Day

1. India’s Total Fertility Rate (TFR) drops by 19% to 2.5 in 2010.

2. DRDO- Defence Research & Development Organisation.

3. DRDO chief- V K Saraswat.

4. Lakshmi Mittal tops list of UK’s richest Asians.

5. UN-Arab League special envoy Kofi Annan says the Syrian authorities to withdraw troops and stop violence.