
Daily Newsletter | Tuesday, December 08, 2015 | | National Herald case: High court's ruling could cast a shadow over GST bill | Congress reacted with indignation to the Delhi High Court judgment ordering the presence of Sonia and Rahul Gandhi in a trial court hearing the National Herald case, claiming “several legal deficiencies” in the verdict even as the development could cast a shadow over the prospects of the GST bill hanging fire in Parliament. |
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Delhi debates, Beijing acts to check air pollution | While Delhi continues to debate the ‘tough’ anti-pollution measures announced by the city government, China’s capital Beijing on Monday issued its first “red alert” on air pollution since 2013, taking tougher and immediate measures to deal with a problem which appears to be comparable to what Delhiites face at the moment. |
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| | | | Retail investors push equity MF assets to record 4L cr | For the first time in the history of Indian mutual fund industry, total equity assets managed by fund houses in the country crossed the Rs 4-lakh-crore mark, indicating the return of domestic investors to the stock market who are now taking the mutual fund route. |
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‘India needs `60k cr to hit global average in insurance’ | The insurance industry will require Rs 50,000-60,000 crore to improve insurance penetration in the country from around 3% of gross domestic product to 6%, the world average, according to the Insurance Regulatory and Development Authority of India (IRDAI). |
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