Spain`s Prime Minister Mariano Rajoy had received a democratic mandate after the general election to try and form a government that gives political stability to Spain over the next four-year term.
The People`s Party believes it has a responsibility and a mandate to start a dialogue and explore the viability of a stable government.
Foreign Players Cashing Out from Indian Mutual Fund
Foreign players have begun cashing out in a big way from the Indian mutual fund industry when its total asset base is fast nearing Rs. 15 lakh crore mark and fund houses are upbeat about future growth prospects with retail investors joining the party.
Data show that total Asset Under Management of the mutual fund industry crossed Rs. 13.5 lakh crore mark for the first time, while more than 50 lakh new investor accounts have been added this year.
India Joins Select Club to Build LNG Ships
Cochin Shipyard has received certification to build LNG-transporting ships for any client world-wide, making it the first shipyard in India to get the nod, joining the league of South Korea, Japan and China.
India is going to fulfil a much-desired ambition of LNG ship building. This opens a new chapter in ship-building technology in India and marks a big step for Make in India.
The French company providing the certification, Gaztransport et Technigaz (GTT), is a leader in design engineering and provides membrane-type containment systems for the transportation and storage of LNG.
An ethics tribunal of FIFA banned Sepp Blatter and Michel Platini for eight years saying they had abused their positions over a 2 million Swiss francs payment made to Platini.
The sentence against the two most powerful men in football highlighted the troubles faced by the world`s most popular sport where billions of dollars have been invested in recent years.
Blatter, FIFA`s President since 1998, was fined 50,000 Swiss francs and Platini was fined 80,000 Swiss francs.
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