The IMF has allocated Special Drawing Rights 12.57 billion to India (approx USD 17.86 billion). With this total SDR holding of India has gone up to SDR 13.66 billion.
The Private sector life insurer HDFC Life has announced to acquire a 100 per cent stake in Exide Life Insurance Company in a stock and cash deal, for Rs 6,887 crore.
UK's University of Oxford has topped the list for the sixth consecutive year, followed by California Institute of Technology, Harvard University, and Stanford University at second, third, and fourth positions, respectively.
EXAMIANS