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Cruise missile ‘Nirbhay’ test-fired

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India’s indigenously developed nuclear capable sub-sonic cruise missile ‘Nirbhay’, which can strike targets more than 700 kms away, was on Friday test-fired from a test range at Chandipur in Odisha.

No one else but Mahatma Gandhi on currency notes: RBI Governor .

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Bank G overnor Raghuram Rajan on Monday said that nobody but Mahatma Gandhi should feature on the currency notes. "There are so many great Indians, but of course he (Gandhi) stands above head and shoulders above every one. There are many great Indians that we could get on the notes.

Sebi issues guidelines for investment in Investment trusts,real estate investment trusts.

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The Securities & Exchange Board of India (Sebi) has issued final guidelines for infrastructure investment trusts (Invits) and real estate investment trusts (Reits), instruments expected to help these sectors raise resources to meet a funds crunch. They could generate investment of as much as $20 billion, according to some experts.