Current Affairs

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Page-37 of Archives: May, 2013

Foodgrains output exceeds target for 2013

Projections of food grain production are increased by 5.22 million tonnes to 255.36 million tonnes.  Food grain production estimate include estimation of: Wheat Rice Coarse cereals Pulses Oilseeds...

May 9, 2013

Google formally puts Palestine on virtual map

Google has recognized Palestine as an independent nation by changing the name on portal from ‘Palestine Territories’ to ‘Palestine’. About Palestine Palestine has been associated with the geographical...

May 9, 2013

Scientists find key to ageing process in hypothalamus

US scientists have derived a mechanism to control ageing in mice through Hypothalamus – opens up new techniques to fight against old age diseases and extend lifespan. What...

May 9, 2013

Fact Box: Top 15 countries with gigantic Oil Reserves

Following sanctions over Iran on its oil-trade, oil prices have experienced volatility. Many fear that it would lead to high oil prices. However, Saudi Arabia has said that...

May 6, 2013

Fact Box: "Factory Asia"

Chief Economic Advisor Raghuram Rajan recently held that India is looking forward to introduce the concept of ‘Factory Asia’ in economy to develop rapid production networks. Factory Asia is...

May 6, 2013

Fact Box: Fire Glass

Fire Glass is tempered glass that is used in fireplaces and fire pits to increase vibrancy, reflection and color. It does not burn, but retains heat and refracts...

May 6, 2013

Govt approved IKEA’s FDI proposal of Rs.10,500 Crore

The government allowed Swedish furniture company IKEA to invest Rs 10,500 crore- the largest investment in the single brand retailing – for setting up home furnishing stores in...

May 6, 2013

US rejects India’s request to serve summons against Google Facebook

US authorities held that they will be unable to execute the request by India for serving summons to 11 US-based websites including Google and Facebook. US  authorities also held...

May 6, 2013

RBI eases rates, trims repo rate by 25bps to 7.25%

RBI reduced the Repo Rate (the rate at which RBI lends money to commercial banks), to 7.25% from 7.5% while keeping the CRR (Cash Reserve Ratio- the portion...

May 4, 2013

Estimated GDP Growth at 5.7% for 2013-2014 – RBI

The RBI’s has projected a GDP growth for 2013-14 at 5.7% as against finance ministry’s projection of 6.1%- 6.7%. Indian economy grew by 5% in 2012-2013 on account of...

May 4, 2013

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