Wednesday, 26 August 2015

Current News 27-August-2015

1. An afternoon surge on Wednesday gave the stock market its best day in close to four years, as stocks rebounded from a six-day slump. 

2. As it seeks to bring back black money stashed abroad, India on Wednesday signed an information exchange agreement with Seychelles, preferred by many for routing of funds to dodge taxes.


4.  The Cabinet on Wednesday extended by four months the term of the Seventh Pay Commission, which was set up in February 2014 to revise remuneration of some 48 lakh central government employees and 55 lakh pensioners. 

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