Current Affairs

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Page-5 of Archives: December, 2013

Mr. Mikhail Kalashnikov: Designer of AK-47 ( ''Avtomat Kalashnikova 1947") passed away

Mikhail Kalashnikov (94), the Russian gun designer whose AK-47 rifle became the weapon of choice for many national armies and guerrillas around the world, passed away. About AK-...

December 26, 2013

First Ministerial Level Talk held for BCIM Trade Corridor

India, China, Bangladesh and Myanmar held the first ever official-level discussions on the ambitious BCIM economic corridor to link India and China with Bangladesh and Myanmar. The economic...

December 25, 2013

Cabinet approved FTA in trade and services with ASEAN

The Cabinet approved a Free Trade Agreement (FTA) in trade and services with the Association of Southeast Asian Nations (ASEAN). Objective: To promote the movement of Indian professionals...

December 25, 2013

Govt allowed CIL to pump gas from CBM mines

The Cabinet Committee on Economic Affairs (CCEA) allowed state-owned Coal India Ltd (CIL) to pump methane gas trapped in coal beds of its existing mines. This move will...

December 25, 2013

CCEA allowed RIL Higher Gas Prices in Lieu of Bank Guarantee

The Cabinet Committee on Economic Affairs (CCEA) allowed Reliance Industries Ltd (RIL) to sell natural gas at the revised doubled price from April, 2014 provided the firm gave...

December 25, 2013

India-Venezuela: Signed Cultural Exchange Programme

India and Venezuela signed a programme on cultural exchanges in the fields of publication, film and media, image and space arts, stage and music arts. The programme will...

December 24, 2013

Canara Bank got license to open a branch in New York

To expand its global presence, the Canara Bank received a license from the US regulators to open a branch in New York. As stated by the Chairman and...

December 24, 2013

SEBI sets out deposit norms for members in debt segment

The Securities and Exchange Board of India (SEBI) sets out minimum deposit requirements for members in the debt segment of the stock exchanges. As per the circular issued...

December 24, 2013

CCEA approved Rs 6,600 cr interest-free loans for sugar mills

The Cabinet Committee on Economic Affairs (CCEA) approved Rs 6,600 Crore interest-free loans to cash-starved sugar mills in order to make payments to cane farmers. The interest subvention...

December 24, 2013

Ms. Usha Sangwan: The first woman managing director of LIC

The Government of India appointed Ms Usha Sangwan as the first woman managing director of Life Insurance Corporation of India (LIC) and Vijay Kumar Sharma as an MD...

December 24, 2013

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