Date: 31st July 2012

Important News of the Day

1. Northern grid collapse paralyses city, Metro Service Hit, Traffic Lights Go On Blink, Taps Run Dry, Worst Outage In 10 Years; 300m Suffer.
2. P Chidambaram to hold FinMin in coming days, may name Raghuram G Ranjan as Chief Economic Adviser.
3. RBI cuts GDP growth forecast to 6.5%.
4. PM ordered a relook at three tax issues announced by former FM Pranab Mukherjee to placate global investors. These include IT development centres, FII flows and safe harbour schemes for transfer pricing.
5. Gagan Narang wins First Medal (Bronze) for India in 10m air rifle.

Date: 30th July 2012

Important News of the Day
1. Supersonic BrahMos test-fired from a test range at Chandipur off Odisha. The missile is capable of carrying a 300-kg warhead.
2. Petronet plans power foray with Rs 3500cr plant in JV with Kerala govt.
3. Ex-LIC chief T S Vijayan may be offered UTIMF top slot.
4. China’s Ye Shiwen, 16, sets new world record 
of 4:28.43 as she wins 400m individual medley in London Olympics.
5. Sun Yang becomes first male Chinese swimmer to win an Olympic gold in 400m freestyle.
6. Lewis Hamilton won Hungarian GP.

Date: 29th July 2012

Important News of the Day
1. Ambedkar statues vandalized in Azamgarh, UP.
2. Premium for group health cover may rise by 50%, 4 insurance PSUs had net loss of 1.5k cr.
3. PM announces Rs 300cr relief for Assam riots victims.
4. Google unveils world’s fastest net connection offering lightning-fast access of one gigabit per second.
5. China's Yi Siling won the 1st gold in London Olympics in women's 10m air rifle competition.

Date: 28th July 2012

Important News of the Day
1. Cabinet clears border pact with B'desh.
2. Arms dealer Abhishek Verma got $530K for his US-based co Ganton from swiss co Rheinmetall Air Defence.
3. India-Indonesia inks DTAA.
4. Arjuna awardees may now travel for free in Rajdhani & Shatabdi.
5. HC: N D Tiwari is biological father of Rohit Shekhar.
6. 30th Olympics started in London, it is declared open by Queen Elizabeth-II.

Date: 27th July 2012

Important News of the Day
1. Marans got 550cr bribe in Aircel-Maxis deal: CBI.
2. PM Manmohan Singh will visit riot-hit parts of Assam on Saturday.
3. Reduce defence budget, fund toilets: Ramesh.
4. Roman Magsaysay award winners of 2012:
- Chen Shu-chu (Taiwan)
- Romulo Davide (Philippines)
- Kulandei Francis (India)
- Syeda Rizwana Hasan (B'desh)
- Yang Saing Koma (Combodia)
- Ambrosius Ruwindrijarto (Indonesia).
5. :Nomura Holdings Inc new CEO is Koji nagai.
6. $1.25bn mop-up by SBI may open doors for other banks.
7. Raise FDI limit in defence sector: Panel.
8. Arvind Mayaram is the new economic affairs secretary.
9. RIL, BP reduce investment in MA oilfield to $1.9 billion.

Date: 26th July 2012

Important News of the Day
1. Pranab Mukherjee sworn in as the 13th President of India.
2. Convert all cars to gas in a year,HC orders Gujarat govt.
3. Delhi HC bars Kalmadi from Olympic Opening.
4. Assam riots most affected areas are Kokrajhar, Chirang & Dhubri districts.
5. Jeet Thayil in race for Man Booker prize for his book "Narcopolis".
6. Kulandei Francis won Magsaysay award for taking initiatives in Tamil Nadu empowered thousands of rural women to form micro enterprises, along with other activists from Taiwan, Philippines, Cambodia, Bangladesh and Indonesia.
7. Centre asks SC to allow use of toxic endosulfan.
8. Amitabh Bachchan to run with Olympic torch today.
9. Omita Paul, new secteraty to the Prez of India.
10. 8 FDIs from singapore under I-T lens, each inflows more than $100m.
11. A 6.4-magnitude quake off Indonesia kills 1.
12. K N Srivastava to be new Aviation Secretary.
13. Foreign direct investment (FDI) in India declined sharply for the second month in a row in May with inflows slipping to $1.3 billion from $4.7 billion in the year-ago period.

Date: 25th July 2012

Important News of the Day
1. Antony to head panel oo RIL gas.
2. SC bans tourism in core of tiger forests.
3. Assam riots toll rises to 32 as 70K flee homes, mostly belongs to Bodos & Muslims.
4. Wipro buys Yardley's EU biz, also plans tn buy another heritage brand in UK 'Woods of Windsor'.

Date: 24th July 2012

Important News of the Day
1. Akhilesh renames dists named after dalits, now Chhatrapati Shahuji Maharaj Nagar and Ramabai Nagar will revert to their original names — Amethi and Kanpur Dehat.
2. Netaji’s aide Capt Lakshmi Sahgal dead.
3. Pulses to get dearer as production to go down, Punjab asks Centre for 800cr relief aid.
4. Supreme Court slashes govt’s discretionary Haj quota from 5,050 to 300.
5. TN gets nod to repair dam at Mullaperiyar.
6. MoD clears 12k crore to acquire 56 planes for IAF.
7. DAC- Defence Acquisitions Council.
8. DOMA- Defence Offsets Management Agency.
9. Top Chinese offshore oil producer CNOOC to buy Canada's NEXEN for about $15bn.
10. Govt puts secrecy cover on IIP data, Not To Give Break-Up Of Output Figures.
11. DIPP- Department of Industrial Policy and Promotion.

Date: 23rd July 2012

Important News of the Day
1. Pranab Mukherjee wins presidential election, to be
sworn in as 13th President of India on July 25.
2. Finmin starts probe into HSBC’s India operations.
3. FIU- Financial Intelligence Unit/
4. PMLA- Prevention of Money Laundering Act.
5. STRs- Suspicious Transaction Reports.
6. CTRs- Cash Transaction Reports.
7. JSPL (Jindal Steel Power Limited) is likely to acquire Canadian coal firm CIC Energy for about $115 million.
8. Fernando Alonso (Spain) wins German Grand Prix.
9. Bradley Wiggins of Britain wins Tour de France (Bicycle race) in Paris.
10. Juan Monaco (Argentina) beat Tommy Haas (Germany), wins Hamburg title (Tennis).
11. Thomaz Bellucci (Brazil) beats Janko Tipsarevic (Serbia), won Gstaad clay court Tournament.
12. Ernie Els won the British Open (Golf).

Date: 22nd July 2012

Important News of the Day
1. Maruti goes for lockout at Manesar, says it's not driving out of Haryana.
2. Mamata to fight alone in forthcoming panchayat polls, but will stay in UPA in centre.

Date: 21st July 2012

Important News of the Day
1. EC rejects Mulayam's vote in prez poll, says secrecy of Ballot violated.
2. INS Sahyadri, the stealth frigate built by Mazagon Dock will be commissioned by Antony today.
3. Oil Min: 27% OBC quota in allocation of petrol pumps.
4. Haryana bans chewable tobacco products.
5. No I-T returns if you earn Rs 5L or less.
6. EGoM pegs spectrum base price at Rs15K cr for 5 Mgz of pan-India airwaves.
7. RBI seeks personal guarantee from promoters for debt recast loans.

Date: 20th July 2012

Important News of the Day
1. Rahul could get party's VP post.
2. BJP's Ravi Shankar Prasad new Dy Leader of opposition in Rajya Sabha.
3. US faces worst drought in 25yrs, food prices to soar.
4. Govt looks to mobilize Rs 10K cr, cabinet clears 11% stake sale in SAIL, VSNL Surplus Land demerger.
5. Injury forces Spain's flag-bearer Nadal out of London Olympics.

Date: 19th July 2012

Important News of the Day


1. Legendary actor Rajesh Khanna passes away.
2. Pranab set to clinch prez poll today.
3. US builds drone that can stay in sky for 48 hrs.
4. EGoM may back Trai’s base price, To Finalize Spectrum Norms On Fri, May Stick With 18K Cr Reserve Price.
5. States back 1.2L cr discom loan recast.

Date: 18th July 2012

Important News of the Day
1. Arun Mishra set to be new DGCA chief.
2. Mamata finally backs Pranab for prez poll.
3. Vietnam gas hunt offer to India may rile China.
4. Russian Dy PM Dmitry Rogozin meets Foreign Minister S.M. Krishna, raises concern over Sistema's investments in telecom.
5. HSBC did biz wid Black Money: US.
6. M&M pips Tata Motors to 3rd slot, Once 2nd Largest Passenger Vehicle Maker, Tata Co Is Now Ranked 4th.
7. Reebok India booked for Fema violation, Co Imported Goods, Flouted Commitment For Exports Worth 8K Cr In 10 Yrs.
8. Stephen R Covey, author of the bestselling motivational book “The 7 Habits of Highly Effective People,” died.
9. TFP- Trade Finance Programme.
10. ADB approved the inclusion of Renminbi (the current currency used in the People's Republic of China, whose basic unit is Yuan) and Indian rupee in the TFP.
11. Marissa Mayer- New CEO Of Yahoo.

Date: 17th July 2012

Important News of the Day
1. Jaswant Singh is NDA’s Vice-Presidential candidate.
2. Pak to hold next general elections in Nov.
3. Inflation declines to 7.25% in June.
4. IMF pegs 2012 growth lower at 6.1%.
5. GSK clinches deal to buy US-based biotech co Human Genome for $3 billion.
6. ROGER FEDERER set the World Record for Being World No. 1 for 287 weeks, which began yesterday, surpassing Pete Samprass who occupied No. 1 spot for 286 weeks.

Date: 16th July 2012

Important News of the Day
1. India to ink $600m jet engine deal with US.
2. Sushil Kumar India’s Olympic flag-bearer.
3. Jeev Milkha Singh wins Scottish Open (golf).
4. Janco Tipsarevic of Serbia beat Juan Monaco of Argentina, won Mercedes Cup final (tennis).

Date: 15th July 2012

Important News of the Day
1. Govt pushes for "black box" in cars.
2. Ethanol-petrol mix planned to cut fuel bill, Govt’s Move For Mandatory Blending For Biofuel Raises Chemical Industry’s Hackles.
3. EBP- Ethanol Blended Petrol.
4. Kudankulam nuclear power to be available by August-end.
5. AERB- Atomic Energy Regulatory Board, AERB chairman S S Bajaj.
6. India slip to fifth in ICC Test rankings, England is at No. 1 position.

Date: 14th July 2012

Important News of the Day
1. Man Booker finalists to be announced at Jaipur Literature festival to be held from Jan 2013.
2. The Delhi high court has set aside a cap of 200 SMSs per month imposed by Trai, saying the cap will apply only to commercial SMSs.
3. India test-fired a 700km-range nuclearcapable surface-to-surface Agni-I missile from a military base in Odisha.
4. PMO set up an expert committee on GAAR, headed by Parthasarathi Shome.
5. The Reserve Bank of India has halved fees that banks are allowed to charge for remittances of up to Rs 10,000 under the national electronic fund transfer (NEFT) system from Rs 5 to Rs 2.5.
6. Exports drop 5.5% to $25.07bn and imports drop 13.5% to $35.37bn in June.

Date: 13th July 2012

Important News of the Day
1. IIP output up 2.4% in May.
2. Vittorio Colao-led Vodafone to buy Telstra's struggling New Zealand unit for $670m.
3. Ind's growth projection cut to 6.5% by ADB (Asian Development Bank).
4. Tadashi Ishii-led Japanese Ad gaint Dentsu to buy UK-based marketing group Aegis for $5bn.
5. Manisha Girotra will be the CEO of global independent bank Moelis & co.

Date: 12th July 2012

Important News of the Day
1. GAAR may be eased further to soothe jittery investors.
2. SAIL selloff back on Cabinet menu, Stake Divestment Of 10.8% In PSU Major May Fetch Govt Up To 4,000Cr.
3. Vittorio Grilli takes over as Italian FM after PM steps down from the post.
4. Carlyle buys 10% stake in Infotech.
5. Nasir Ali is Air India joint MD.

Date: 11th July 2012

Important News of the Day
1. SC signals rethink on auction route for all natural resources, but No Relook At 2G Licence Cancellation.
2. PC likely to return as FM by August.
3. DGCA chief Bharat Bhushan removed, Prasant Sukul may took additional charge as DGCA chief.
4. Shinde may replace PC as home minister.
5. MCX-SX (Multi Commodity Exchange-Stock Exchange) gets nod for equity play, Sebi Allows Launch Of Full-Fledged Stock Exchange, Sets Conditions.
6. China pips Japan to No. 2 slot in Fortune 500.

Date: 10th July 2012

Important News of the Day
1. Ansari set to get second term as Vice-President, Ansari will be only the second person after Sarvapalli Radhakrishnan, India’s first Vice-President, to be elected to two consecutive terms in office.
2. New Tatkal rules from today: Sales start at 10am.
3. ICAO- International Civil Aviation Organisation.
4. Singapore PM Lee Hsien Loong Arrives in Delhi to push for bigger Indian role in Asean and to engage in education sector.
5. Bengal set for 2nd biggest Japanese FDI as SAIL, Kobe sign deal today.
6. 20-YEAR PACT: GAIL nears $12bn US gas deal.
7. Serena and Venus defeated Andrea Hlavackova and Lucie Hradecka of the Czech Republic, won Wimbledon Ladies Doubles.
8. Mike Bryan and Lisa Raymond beat Leander Paes-Elena Vesnina, won Wimbledon mixed doubles title.

Date: 9th July 2012

Important News of the Day
1. Bihar seeks 352% hike in 12th plan outlay.
2. World vows terror shield for Af, offers $16bn aid.
3. Taiwan’s SYM eyes M&M’s tech.
4. Roger Federer Defeats Andy Murray In Wimbledon Men's Singles, becomes no. 1.
5. Australian driver Mark Webber (red bull) Wins British Grand Prix.
6. Jonathan Marray became the first Briton to win a Wimbledon men's doubles title in 76 years. Marray and Dane Frederik Nielsen beat Robert Lindstedt and Horia Tecau.
7. Vladimir Klitschko retained his world heavyweight titles by beating challenger Tony Thompson.

Date: 8th July 2012

Important News of the Day
1. BJP names Jagadish Shettar new K'taka CM.
2. Torrential Rain sinks Russia, 103 dead.
3. Serena Williams wins fifth Wimbledon title. She beat Agnieszka Radwanska of Poland.

Date: 7th July 2012

Important News of the Day
1. P Chidambaram to head telecom spectrum EGoM.
2. AMFI- Association of Mutual Fund in India.
3. SRO- Self Regulatory Organisation.
4. TDSAT- Telecom Disputes Settlement and Appellate Tribunal.
5. IMF to cut global growth outlook, says Christine Lagarde.

Date: 6th July 2012

Important News of the Day
1. Govt made it mandatory for power plants with captive mines to sell power through bids.
2. Indo-Pak deal to stop border firing.
3. $2.5bn US aid for Pak to open NATO supply routes to Afghanistan.
4. Mauritius offers India 2 islands in effort to preserve tax treaty.
5. Aditya Birla Group buys Canadian co., To Infuse $250M Into Terrace Bay Pulp Mill As It Secures Raw Material.
6. ECB, China cut benchmark rates.
7. Direct tax collection rises 7% to Rs. 1.1L cr in Q1.
8. Sunil Chhetri signup with Sporting Lisbon, the legendary Portuguese club.

Date: 5th July 2012

Important News of the Day
1. Jagadish Shettar set to be new K'taka CM in compromise deal.
2. Big bang moment: Scientists may finally have found ‘God particle’/ 'Higgs Boson'.
3. PSBs strike ATM outsourcing deal, Bring Down Transaction Costs By Roping In 9 Pvt Players For 63k Units.
4. Timeless Steel, a book on Rahul Dravid has launched.

Date: 4th July 2012

Important News of the Day
1. Iran tests Shahab 3 missile with a range of 1300Km along with Shahab 1 and 2, says Israel target.
2. Re rises by 106p on hopes of fresh $ flows from FIIs.
3. Barclays CEO Bob Diamond, Chairman Marcus Agius & COO Jerry del Missier quit over low LIBOR (London Interbank Offered Rate) scandal during financial crisis.
4. ONGC pips TCS to become most-valued co.
5. Govt plans Rs 2K cr fund for pharma.

Date: 3rd July 2012

Important News of the Day
1. Sharad Pawar opts out of panel on spectrum.
2. PM announced Rs 500 cr aid for flood-hit Assam.
3. RGSSBY- Rajiv Gandhi Shilpi Swasthya Bima Yojana.
4. Ind, Pak border talks begin in New Delhi.
5. Indian boxer Mary Kom to be conferred Lt Colonel rank.
6. E-filing of returns must if you earn over Rs 10 lakh.
7. National Housing Bank (NHB), Genworth, Asian Development Bank (ADB), and International Finance Corporation (IFC), have together set up a joint venture mortgage guarantee company-India Mortgage Guarantee Corporation Pvt. Ltd. (IMGC).

Date: 2nd July 2012

Important News of the Day
1. Flood hits Assam, 2 quakes hits Northeast.
2. ISRO to build 3rd launchpad at Sriharikota in Andhra Pradesh.
3. Japan starts 1st N-reactor of Ohi N-plant since crisis.
4. EU banned crude imports from Iran.
5. Spain beat Italy by 4-0, won Euro cup 2012.

Date: 1st July 2012

Important News of the Day
1. State Bank Day- 1st July.
2. SBI ups FD returns by 25 basis points, nixes relief on loans.
3. Fasih Mahmood to be sent to India for terror strikes.
4. NSG (Nuclear Supplier Group) plenary meeting held in Seattle.
5. India inches closer to NSG membership, US pitches for New Delhi's entry.