Page-35 of Current Affairs - February, 2015

China overtakes US as top foreign investment destination: UNCTAD report

As per United Nations Conference of Trade and Development (UNCTAD) report, China has overtaken the United States (US) as the top destination for foreign direct investment (FDI). US  was on top as foreign investment destination for past 11 years i.e. since 2003. Key facts from UNCTAD report In 2014, foreign firms had invested 128 billion dollars in China compared to 86 billion ..

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RBI Doubles the FOREX Remittance Limit under Liberalised Remittance Scheme (LRS)

The Reserve Bank of India (RBI) in its monetary policy review has enhanced the limit for foreign exchange (FOREX) remittances under Liberalised Remittance Scheme (LRS) to $250,000 (Rs. 1.5 crore) per person per year. This limit was doubled compared to earlier limit of $125,000 per person per year. Under the LRS, Indians can open, maintain ..

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Acclaimed sculptor and artist Mrinalini Mukherjee passes away

Acclaimed Indian sculptor and artist Mrinalini Mukherjee has passed away in New Delhi. She was 65. She was best known for her sculptures, crafted using knotted hemp ropes and cast bronzes. Mrinalini Mukherjee Ms. Mukherjee was daughter of seminal Santiniketan artists Benode Behari and Leela Mukherjee. She had studied painting at M S University in Baroda ..

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Dr.Nandita Chatterjee takes charge as Secretary in Ministry of Housing & Urban Poverty Alleviation

Dr.Nandita Chatterjee has taken charge as the new Secretary in the Ministry of Housing & Urban Poverty Alleviation (HUPA). She will succeed Anita Agnihotri who was transferred to the Department of Social Justice and Empowerment in recent secretary-level bureaucratic reshuffle. Prior to this appointment Dr.Nandita Chatterjee was a Member-Secretary of National Commission for Women (NCW). ..

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Madhya Pradesh gets 10th national award for excellent work in MGNREGA

Madhya Pradesh has been awarded the 10th national award for excellent work in Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA). Union Rural Development Minister Virendra Singh presented the award to state’s Panchayats and Rural Development Minister Gopal Bhargava at the MGNREGA summit held on the occasion of MNREGA Divas (observed on 2 February) in New Delhi. ..

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