Current Affairs

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Page-8 of Current Affairs - December, 2012

India ranked 8th in the list of countries with highest black money outflows

As per a report released by Global Financial Integrity (GFI), a Washington-based research and advocacy organization, India ranked 8thon the list of countries with high black money outflows....

December 22, 2012

SEBI increases BMC deposit for stock brokers

Market regulator, the Securities and Exchange Board of India (SEBI), has increased the Basic Minimum Capital (BMC) deposit for stock broker and trading members to up to Rs.50...

December 22, 2012

Lok Sabha approves Companies Bill, 2011

Lok Sabha cleared Companies Bill, 2011. As per the new legislation: It will be compulsory for companies with Rs. 5 crore or more profits in last three years...

December 22, 2012

India clinches World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category

India clinched World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category. It was a 3rd consecutive victory of the title in the Men’s category and 2nd...

December 22, 2012

RIL plans to invest $10 billion on 4G network

After winning the licence to offer 4G network in 2010, Reliance Industries Ltd. (RIL) is now planning to invest $10 billion to start its 4G network across the...

December 21, 2012

Coast Guard exhibits its potential at Clean Sea-IV

The Coast Guard which is the central coordinating agency for oil spill response in India, demonstrated its preparedness and capability to tackle marine oil spills at the national-level...

December 21, 2012

India formulates indigenous Japanese Encephalitis vaccine

India’s Bharat Biotech has developed world’s first vaccine against Japanese Encephalitis (JE) using an Indian strain of the virus. It used JE virus collected from Kolar in Karnataka...

December 21, 2012

Hambantota port not part of ‘string of pearls’: Sri Lanka

Sri Lanka has clarified that the Hambantota port is not part of a Chinese ‘string of pearls’ to surround India.                                     Source: google maps What is the issue...

December 20, 2012

New urea investment policy gets Cabinet Committee’s clearance

The Cabinet Committee on Economic Affairs (CCEA) cleared new urea investment policy, which is likely to incentivize fertilizer companies to establish new plants and enhance existing capacity. Around...

December 20, 2012

Marks & Spencer incorporates anti-bribery clause in Indian contracts

As British retail giant “Marks & Spencer (M&S)” is considering its expansion plans in India, it has added strict anti-bribery clauses in India contracts. The move comes at...

December 20, 2012

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