Page-9 of Current Affairs - May, 2013

Contrary to expectations S&P warns of rating downgrade for India from the current grade ‘BBB-’

May 22, 2013

Giving a shocker to the Indian government’s expectations of an upgrade in its sovereign ratings, Standard & Poor’s (S&P) has done just the opposite by warning of a further downgrade from the current grade ‘BBB-’ with a ‘negative’ outlook to ..

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Scientists link low IQ with genetic risk for Schizophrenia

May 22, 2013

As per a new study, it has been found that both the decline in cognitive ability with age and schizophrenia have some common genetic variants that link both the conditions. However, reduced cognitive ability may not necessarily be an indicator of the problem. The study ..

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India-US to expand Co-Operation in Knowledge Sector

May 22, 2013

HRD Minister Dr. Pallam Raju who was leading Indian delegation for a round table discussion a discussion on Advances in US-India Academic Partnership in Washington announced that India will intensify co-operation in knowledge sector with the US. Both nations have finalized eight more ..

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COMPAT orders cement companies to deposit Rs 630 crore

May 22, 2013

The Competition Appellate Tribunal (COMPAT) has directed 11 cement manufacturing firms, including UltraTech, Ambuja and ACC, to deposit Rs 630 crore as it hears their appeal against a record amount of penalty imposed by competition watchdog CCI in 2012.  What ..

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Finance Ministry appoints auditors without consulting RBI

May 22, 2013

Deviating from the earlier practice of consulting the RBI while appointing auditors for the same, the government has appointed auditors for the Reserve Bank of India after consulting with the Comptroller & Auditor General (CAG). As per government, this has been done to avoid ..

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MDNIY designated as WHO Collaborating Centre in Traditional Medicine

May 22, 2013

The Department of Yoga Therapy and Training of Morarji Desai National Institute of Yoga (MDNIY) has been designated as WHO Collaborating Centre in Traditional Medicine for a period of four years. MDNIY had started collaborating with WHO Country Office in ..

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