Current Affairs

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Page-9 of Archives: May, 2014

Members of Planning Commission resign

Following the standard practice, all members of the Planning Commission (PC) including Deputy Chairman Montek Singh Ahluwalia and all the other members of the Commission submitted their resignations...

May 23, 2014

Anandiben Patel: First woman CM of Gujarat

Anandiben Patel (73) will succeed PM-designate Narendra Modi as the Chief Minister of Gujarat. Prior to her election as CM, she was state’s revenue minister.  Modi was the...

May 22, 2014

All banks need to install ‘talking ATMs” from July 1, 2014: RBI

As per the directions of the Reserve Bank of India (RBI), all banks will be required to make all new ATMs installed from July 1, 2014 as “talking ATMs” with Braille...

May 22, 2014

Flipkart acquires Myntra

India’s largest online retailer, Flipkart.com, acquired fashion e-retailer Myntra.com. While the exact size of the deal could not be ascertained, some reports estimate it to be of Rs...

May 22, 2014

RBI permits banks to provide loans to exporters for up to 10 years

Banks have been allowed by the RBI to give loans with tenures of up to 10 years to exporters to help them ensure capital flows to fulfil long-term...

May 21, 2014

Jitan Ram Manjhi sworn-in as Bihar Chief Minister

Jitan Ram Manjhi is the new Chief Minister of Bihar. He was administered oath of office and secrecy by Governor D.Y. Patil at a ceremony at the Raj...

May 21, 2014

Modi is not the first instance when CM becomes PM

Prime Minister-to-be Narendra Modi is not the first Chief Minister to ascend to the seat of the head of Government of India. The distinction goes to former Karnataka...

May 21, 2014

Pension Payment Order (PPO) to be given soon after retirement to Central Govt employees

The Centre has decided to give Pension Payment Order (PPO) to all central government employees at the time of retirement along with their other dues. This step has been...

May 21, 2014

RBI to start managing Telangana's public debt from June 2, 2014

The Reserve Bank of India (RBI) and the newly created state Telangana have inked a pact according to which the RBI shall carry on the general banking business...

May 21, 2014

Researchers unravel why olive oil reduces blood pressure

Scientists have discovered why olive oil reduces blood pressure. As per a new research, consuming unsaturated fats, like those in olive oil, along with leafy greens and other...

May 21, 2014

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