Current Affairs: November 16, 2011

SBI launches Money-Gram International’s Global Money Transfer Service

  • State Bank of India (SBI), the country s largest public sector lender, has joined hands with money transfer services company Money-Gram International and the latter’s principal agent Thomas Cook (India) Ltd to provide in-bound money services across SBI s key branches.

Renowned Chechen poet gunned down in Moacow

  • Well-known Chechen poet and academic Ruslan Akhtakhanov was shot dead outside his home on Begovaya Street in South-west Moscow.
  • Akhtakhanov was very vocal to keep the Chechen Republic in the Russian Federation. He was for both religious and secular development of the republic, and these ideas were not popular among the radical Islamic gangs. Russia has been fighting rebels in the North Caucasus regions since the collapse of the Soviet Union, waging a war in 1994-1996 against separatist insurgents in Chechnya. After a second war in Chechnya in 1999, the rebels have been trying to impose an Islamic state in the North Caucasus regions.

“Saraswati Samman” conferred on Kannada novelist Bhyrappa

  • Eminent Kannada writer S L Bhyrappa was today honoured with the prestigious “Saraswati Samman” of 2010 for his novel “Mandra”.
  • Carrying a citation, plaque and cash prize of Rs 7.5 lakh, the coveted honour was given away to the 75-year-old writer by Member of Parliament and Indian Council for Cultural Relations (ICCR) President Karan Singh.

O N V Bags Vagbhadananda award

  • Eminent poet and film personality O N V Kurup has been chosen for the “Guru Vagbhadananda Puraskaram” for enriching literature. He had won many coveted awards, including Jnanapeeth earlier.

Paris Pact Experts Working Group Meeting on Precursors

  • The second Paris Pact Experts Working Group Meeting on Precursors focused on priority action to be taken to counter the diversion of chemical precursors, used in the illicit manufacture of heroin, the recent trafficking trends as well as challenges concerning measures to prevent their diversion from licit markets.

E-book reader ‘WordZo’ launched

  • WordZO, a unique product designed for improving English vocabulary, equipped with e-book reader, multi-lingual dictionary and vocabulary revision tool.

Virginia seeks investments from India

  • Virginia announced its new marketing representatives in India. The Commonwealth of Virginia is offering Indian companies and investors incentives based on capital investment and actual number of jobs created. In contrast to most other US states, Virginia incentives will be paid in cash form to the enterprise, instead of tax credits. Due to its location and ready-made talent pool Virginia is the IT industry leader in the US. Virginia exported nearly 293.7 million dollar in goods to India during 2010

Infosys Science Foundaton announces winners of ‘Infosys Prize’

  • Eminent economist Prof Raghuram G Rajan will be one of the recipients of the Infosys Prize for his contributions in the field of Economics.

Agni-IV production by 2014

  • India, which successfully tested the new generation Agni-IV medium-range ballistic missile, will carry out further tests of the weapon system till 2013 to ensure it is ready for production by 2014.


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