The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
The Dearness Allowance (DA) of the central government employees and Dearness Relief (DR) to pensioners have been increased by 3 per cent to 34 per cent of the basic pay with effect.
Russia has reportedly released a propaganda video that shows Russian cosmonauts disconnecting the Russian ISS modules from the International Space Station.
EXAMIANS