In order to make the recruitment process transparent, the Tamil Nadu Public Service Commission (TNPSC) has decided to introduce an online interactive system, under which biometric details of the candidates will considered

As per TNPSC chairman a Centre will be considered as sensitive if it accommodates more than 1,000 candidates, and it will require web-casting and video recording of the exam process
The TNPSC has plans to upload answers to the questions on their official website soon after the exam is over, to facilitate the candidates in assessing the correctness of the answers and send an argument if they do not agree with an answer.An expert panel will go through the disputed answers and finalize on the correct answer and then load it online.

• Nomura has lowered the country's growth estimate for this fiscal to 5.8%, from 6.7% earlier.
• Nomura has also hacked its India GDP prediction for 2013-14 to 6.6% from the earlier 6.9%.
• The government is targeting at GDP growth rate of around 7.6% this fiscal. India's economic growth plunged to 6.5% in 2011-12 from 8.4% in the previous two fiscals.
• As per Nomura, India's monetary and fiscal policies are at "loggerheads" and in impasse.
• It pointed to India government policies as inflationary which reduced the possibility for rate cuts, hurting growth and in turn intensifying the fiscal deficit.
• It has also revised fiscal deficit forecast for India increasing it to 5.8% of GDP in the current fiscal from 5.2%.
• Government aims to curtail the fiscal deficit to 5.1% in 2012-13 from 5.76% in the previous fiscal.

NOMURA:

A Japanese multinational conglomerate, or zaibatsu of financial services, financial management consulting companies and related organizations, headquartered in the Nihombashi district of Tokyo, Japan.

The Nomura Group is involved in diversified industries, such as oil and gas, construction, chemicals and FMCG, but internationally the group is known as a financial services, financial management consultancy group, through the global presence of its holding company - Nomura Holdings, Inc. & its direct, indirect subsidiaries.

In a move targeted at preventing the continuous decline of Rupee, the Reserve Bank of India increased the limit of foreign investment in government bonds by $ 5 billion to $ 20 billion. The regulator also elevated limit of external commercial borrowing (ECB) to $ 10 bilion.

Currently, foreign institutional investors (FIIs) are permitted to invest upto $ 20 billion in Indian corporate bonds. While the limit in government bonds is at $ 15 billion, FIIs are not allowed to invest in infrastructure bonds upto $ 25 billion. The RBI also curtailed the time period for the maturity of government securities (g-secs) to 3 years from earlier 5 years.

External Commercial Borrowings

External Commercial Borrowings (ECB) denote commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (e.g. floating rate notes and fixed rate bonds) obtained from non-resident lenders with minimum average maturity of three years.

Govt bonds or Govt securities

These are the bonds issued by the Govt of a country in its own currency. The bond assists the government to generate money which is used to support various programmes and activities like constructing roads, hospitals, infrastructure etc. Hence, the govt bonds are a sort of loan against which the govt of a country gets a certain amount of money, for a definite amount of time, on a definite interest rate.

In a breakthrough innovation Rao Papineni, the nanotechnology scientist, in collaboration with his colleagues invented a cancer treatment system in which a nano-particle acts as a carrier of anti-cancer drug and releases it only in the cancerous cell, thus safeguarding the healthy cells around from the damage. 

The patent is titled ‘High Capacity Non-Viral Vectors.’ The nano-particles act as non- viral vectors. The nano-particles assist the drug particle to target the cancer affected site with high accuracy. These particles will allow the drug to be released inside the diseased cell. They will boost the function of the drug with minimal collateral damage to healthy cells.

Dr. Rao Papineni and Alan Pollack is the chairman of the Department of Radiation Oncology at the University of Miami. Papineni is currently the chief scientist and senior principal investigator in medical applications of nanotechnology at Carestream Health, Inc USA

The government reconstituted the National Advisory Council (NAC) headed by Mrs. Sonia Gandhi

It inducted Mihir Shah, Member, Planning Commission, and Ashish Mondal, founder of the Bhopal-based NGO, Action for Social Advancement.

The renominated members are:

• N C Saxena
• Narendra Jadhav
• Pramod Tandon
• Aruna Roy
• A K Shiva Kumar
• Deep Joshi
• Anu Aga
• Farah Naqvi
• Mirai Chatterjee

The tenure of the members of the reconstituted panel is till May 31, 2013.