U.S. House approves $633 billion Defense Authorization Bill

U.S. House of Representatives approved the Defense Authorization Act of 2013, and it is now headed to the Senate for passing the $633 billion Pentagon budget. Highlights in the Bill:

Month: Current Affairs - December, 2012

Category: International / World Current Affairs

IntercontinentalExchange (ICE) to acquire NYSE

Atlanta based exchange, IntercontinentalExchange Inc., is buying,  more than 200 years old, New York Stock Exchange (NYSE) for about $8 billion.  The deal has been approved by the boards of both companies, but still needs the clearance by regulators and ..

Month: Current Affairs - December, 2012

Jeet Thayil among 24 selected for Sahitya Akademi Awards 2012

Jeet Thayil, whose novel Narcopolis was nominated for the Booker, has  been one among the 24 authors selected for Sahitya Akademi Awards 2012. He was selected for his poetry collection ‘These Errors are Correct’ in English. About Sahitya Akademi Award ..

Month: Current Affairs - December, 2012

500-year-old gunpowder sacks discovered

Around 500 year old Gunpowder bags, dated back to around 1550, were found near the Jain temple in the Sonar fort of Jaisalmer, made famous by Satyajit Ray’s film ‘Sonar Kella’. These explosives were used in cannons. What is Gunpowder? ..

Month: Current Affairs - December, 2012

Category: Science & Technology Current Affairs

BlackBerry appoints Ranbir Kapoor as its brand ambassador

Blackberry smartphone manufacturer Research-In-Motion (RIM) has   appointed Ranbir Kapoor as its brand ambassador in India.

Month: Current Affairs - December, 2012

Scientists discover new “mosasaur” species of aquatic lizard

Scientists have discovered a new Mosasaur species of aquatic lizard  which is 84 million-year old, 20 feet long. These were the biggest and most dangerous predators in European rivers.

Month: Current Affairs - December, 2012

Category: Science & Technology Current Affairs