Pop queen Whitney Houston found dead

Pop queen Whitney Houston found dead in a Beverly Hills Hotel room on the eve of the Grammy Awards.

Grammy awards (for contribution in the field of music) ceremony took place at Los Angeles where Adele won six awards including album of the year and best record with Rolling In the Deep.

12th Five Year Plan targets 4% farm growth:

The 12^th plan that will be submitted in April will set a target of 4 per cent for agricultural growth, Mr Abhijit Sen, Member (Agriculture), Planning Commission, has said.

IFRS & DTC

IFRS ( International Financial Reporting Standards )constitutes a set of financial reporting standards developed by the International Accounting Standards Board (IASB)- a nonprofit organization as a uniform set of standards for reporting financials of companies. India was expected to migrate to IFRS by April 1, 2011, but the migration was delayed by one year due to issues related to enactment of Direct Tax Code (DTC) Bill. The DTC is expected to be implemented from April 2012 onwards.