Page-31 of Current Affairs - January, 2014
Ladakh region of Jammu and Kashmir celebrated the festival of Losar with traditional and religious fervor and gaiety. The festival which is celebrated for 15 days marks the start of the New Year. Abour Losar: Losar is a centuries-old community-based socio-religious festival celebrated by the Buddhists of Ladakh. The region has 19 major monasteries celebrating ..
The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as its currency and the fourth smallest economy in the euro zone after Malta, Estonia and ..
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The Aam Aadmi Party-led Delhi government declared 50% subsidy on the power tariff to benefit approximately 28 lakh households, after announcing 667 litres of water free of charge to all households in the capital who have metered connections. Salient Features of the Power Tariff Subsidy 50 % subsidy would be provided to domestic electricity consumers, ..
The French Constitutional Council approved the government’s controversial “millionaire tax” proposal for companies to pay 75% tax on annual salaries exceeding €1 million ($1.375 million USD), in line with President Francois Hollande’s drive to limit executive pay at a time of economic hardship. To reduce France’s budget deficit, the increase in tax raised discontent among ..
As per a survey conducted by the IT security firm Trend Micro, Bitcoin mining malware is infecting millions of computers globally and extending the threat of cyber security risks for users of the cyber currency. Thousands of computers, including in India, are being infected with malwares related to the virtual currency. Bitcoin mining is resource-intensive and ..