Budget session of Parliament 2014 Modi government Rail Budget 2014

Parliament's Budget session schedule to be finalised Budget session of Parliament 2014 will be held from July 7 to Aug 14 and the first General Budget of the Narendra Modi government will be presented on July 10.The Rail Budget 2014 will be presented on July 8, while the Eco Survey will be released on July 9.

Other news AROUND THE WORLD

• Senior legislator Mandali Buddha Prasad has been unanimously elected as Deputy Speaker of Andhra Pradesh Legislative Assembly.
•  Shares of sugar companies today showed gains in the stock market after the government announced additional interest-free loan of Rs 4,400 crore for sugar mills besides hiking its import duty.
• The US for the first time has successfully tested a ground-based missile defence system which intercepted a simulated incoming missile over the Pacific Ocean.
• Former TATA Group Chairman Ratan Tata has been conferred an honorary doctor of laws degree by Canada's prestigious York University for his achievements in promoting innovations, exemplary leadership and corporate social responsibility.
• India produced just a little over seven million tonnes (MT) of steel, accounting for five% of the global output of 141 MT in May, World Steel Association (WSA) has said.
• Shares of telecom major Bharti Airtel gained ground after the company announced signing of a definitive agreement with Loop Mobile to create Mumbai's largest mobile network.
• The Andhra Pradesh Legislative Assembly unanimously passed a Bill amending the AP Public Employment (Regulation of Age of Superannuation) Act, 1984, enhancing retirement age of government employees to 60 years from 58.
• Indian aerospace major HAL said the company has strengthened its human resource by inducting over 400 young officers.
• Bathroom fittings firm Roca India has fully acquired Espiem Plastics making it wholly-owned subsidiary of the Roca Group, for an undisclosed sum.
•  India has moved up to 58th rank in terms of foreign money lying with Swiss banks, but it accounts for a meagre 0.15 per cent of an estimated USD 1.6 trillion total global wealth held in Switzerland's banking system.
• The basic tenet of Hinduism is happiness, health and enlightenment for everyone, and suffering, pain and agony for none, President Pranab Mukherjee said as he received the first copy of the Encyclopedia of Hinduism on Monday.
• Global skin care giant Nivea today announced to set up its first ever manufacturing plant in India at Sanand near Gujarat.
• Gro Harlem Brundtland was awarded with the first Tang Prize in sustainable development. The Tang Prize was given to her by the Tang Prize Foundation.
• Norway’s Magnus Carlsen has won the FIDE World Blitz Chess Championship in Dubai.
•  South Africa’s ABDevilliers has eclipsed Virat Kohli as the number One batsman in the latest ICC ODI team rankings.