DOWNLOAD PDF1. Securities and Exchange Board of India (Sebi) has slapped a penalty of Rs 13 crore on Reliance Industries Ltd (RIL) on the issue of correct disclosure of diluted earning per share (DEPS)- a key earnings ratio.
2. The Telangana government has issued an order constituting a separate Public Service Commission with immediate effect. The order would enable the new government to make direct selections to the posts under various categories and will help it to carry out other functions.
3. Prime Minister Narendra Modi and U.S. Secretary of Defence Chuck Hagel discussed strategic geopolitical issues, including the deteriorating situation in Iraq and the post-poll deadlock in Afghanistan. U.S. wanted to be a partner in India’s military modernisation and recognised India’s need to strengthen its defence-industrial base.
4. Supreme Court has appointed a panel headed by the former Union Law Minister, Salman Khurshid, to suggest ways to end the practice of high capitation fee charged by medical and engineering colleges for admission.
5. The Central Government is planning a comprehensive review of the tea plantation sector policy. The new policy aims to strengthen the various schemes that are now available to the sector to bring vitality to the industry. Over a billion kg of tea is produced and the industry supports 30 lakh people in some of the lesser developed States. Women constitute half the workforce.
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