RBI elevates foreign investment limit in govt bonds

In a move targeted at preventing the continuous decline of Rupee, the Reserve Bank of India increased the limit of foreign investment in government bonds by $ 5 billion to $ 20 billion. The regulator also elevated limit of external ..

Month: Current Affairs - July, 2012

Indian Scientist Rao Papineni gets US Patent for Cancer Treatment

In a breakthrough innovation Rao Papineni, the nanotechnology scientist, in collaboration with his colleagues invented a cancer treatment system in which a nano-particle acts as a carrier of anti-cancer drug and releases it only in the cancerous cell, thus safeguarding ..

Month: Current Affairs - July, 2012