Current Affairs

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Page-28 of Archives: December, 2013

Government disinvest Power Grid Corp further with $1.1 billion FPO

Following its plan to achieve the Rs.40, 000 crore disinvestment target for this fiscal, the government issued Follow-on-Public Offer (FPO) of Power Grid Corporation which was fully subscribed....

December 5, 2013

Indian diplomat Abhay Kumar writes anthem for SAARC

In a bid to foster regional consciousness and bring member states closer, Kathmandu-based Indian diplomat Abhay Kumar composed an anthem for the South Asian Association for Regional Cooperation (SAARC). SAARC...

December 5, 2013

Dabhol – Bangalore gas pipeline launched

Prime Minister Manmohan Singh dedicated to the Nation GAIL India Ltd’s 1,000 km long natural gas pipeline from Dabhol to Bangalore during the inaugural ceremony of the 8th...

December 5, 2013

India’s CAD improves to $ 5.2 billion in second quarter

India’s Current Account Deficit (CAD) has improved significantly to $ 5.2 billion (1.2% of GDP) in the second quarter (July-September) of this fiscal mainly due to decrease in...

December 5, 2013

India Post offers Express Parcel and Business Parcel services

India’s Department of Post (DoP) has launched two new parcel services namely ‘Express Parcel’ and ‘Business Parcel’. India Post aims to generate revenue of Rs 100 crore from...

December 5, 2013

India successfully test-fired nuke-capable Prithvi II missile

India’s Strategic Forces Command (SFC) successfully test-fired nuclear capable Prithvi II missile as part of a regular training exercise. The indigenously developed ballistic missile with a maximum range...

December 5, 2013

India at 94th spot on Corruption Perception Index: Transparency International

According to a survey by corruption watchdog Transparency International, India is positioned at 94th place on corruption index which ranked 177 countries. Afghanistan, North Korea and Somalia are...

December 5, 2013

President inaugurates Hornbill Festival of Nagaland

President Pranab Mukherjee inaugurated Nagaland’s famous Hornbill Festival. Hornbill (name of a bird) Festival, considered one of the biggest events in the state, puts on display the rich...

December 5, 2013

RBI makes punching PIN mandatory for debit card transactions done every time

With an aim to minimize frauds, RBI has made it mandatory for debit card holders to punch in their PIN numbers every time they use the card. In...

December 2, 2013

RBI permits banks to pay interest at shorter intervals

RBI has decided allow banks decide on the periodicity of interest payment on rupee savings and term deposits keeping in view that the banks are functioning on core...

December 2, 2013

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