News Headlines: • Prime Minister Narendra Modi says terrorism, in any shape or form, is against humanity and there should be zero tolerance towards it; Calls for urgent reforms in UN Security Council and IMF. • BRICS nations agree to create $100bn development bank and emergency reserve fund; First President for the bank to be from India; Headquarters at Shanghai. • RBI eases financing norms for infrastructure and affordable housing projects. • SEBI bars founder of Satyam Computers, B Ramalinga Raju and four others from accessing capital markets for 14 years. • Heavy rain disrupts normal life in northern Kerala; Alert sounded in Uttarakhand in view of Met forecast.
Posted on: Wed, 16 Jul 2014 07:48:48 +0000
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