Page-29 of Current Affairs - November, 2012

Need to establish South Asian power trading market: CERC

India’s power sector regulator Central Electricity Regulatory Commission (CERC) has suggested establishing a South Asian power trading market to help alleviate acute electricity deficits faced by many nations in the region. It recommended that a SAARC sub regional power trading market will be beneficial to member nations. It will enhance benefits of competition and efficiency ..

Month: 

Category: 

Topics: 

Limit for concessional SMS at 100 per day per SIM: TRAI

The Telecom Regulatory Authority of India (TRAI) has set the limit for concessional SMS at 100 per day per SIM. This will be implemented in 15 days. As per the directives: There is no maximum limit for SMS, but consumers will be charged not less than 50 paisa per SMS once it crosses 100 a ..

Month: 

Category: 

Topics: 

Apex court refuses to interfere with policy on FDI in retail

Asserting that Policy making is exclusive right of the executive, the Supreme Court refused to interfere with the policy on FDI in retail. The Centre informed the court that Reserve Bank of India had notified the amendments to the regulations permitting foreign direct investment in multi-brand retail. Amendments in the Foreign Exchange Management (Transfer or ..

Month: 

Category: 

Topics: 

Unique SMS service from NASA to help spot ISS

To celebrate 12th anniversary of crews living and working aboard International Space Station (ISS) NASA launched a new SMS service that will help people on earth to spot International Space Station (ISS) without a telescope.  “Spot the Station” service will send you a text message or an email as the ISS passes over your house, ..

Month: 

Category: 

Topics: 

U.K. to slash aid to India

Britain is planning to slash its £280 million a year aid to India from 2015 following increasing domestic pressure on Prime Minister David Cameron to halt funding emerging economies such as India, China and Brazil at a time when Britain itself faces a serious economic crisis. The funds, however, will still be diverted to aid ..

Month: 

Category: 

Topics: 

Persons in News: Ruchir Sharma

Ruchir Sharma bags Tata Literature First Book Award. Author Ruchir Sharma was honored with the Tata Literature Live! First Book Award for his book Breakout Nations: In Pursuit of the Next Economic Miracles. The book gives a clear picture of the shifting balance of global economic power and how it will play out for emerging ..

Month: 

Category: 

Topics: