As Tamil Nadu Electricity Board has been functioning under loss over the last few years, Tamil Nadu Government is examining the possibilities of increasing the Electricity charges again.
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US President Barack Obama nominated three Indian-Americans to the 14-member advisory commission on Asian Americans and Pacific Islanders (AAPIs). It was nominated on 24 April 2014.
The High Court of Gujarat on 2 April 2014 restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a non-performing asset (NPA). The bench of the High Court of Chief Justice Bhaskar Bhattachrya and Justice J B Pardiwala said that the Section 2(1)(o) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest(SARFAESI) Act is held unconstitutional.-
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