Current Affairs

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6 key central banks in the world to make currency swap arrangements permanent

6 major central banks of the world to make their network of currency swap facility permanent. These banks will convert their temporary bilateral liquidity swap facility into standing...

November 4, 2013

Google updates its search engine with 'Hummingbird'

Google has modified its Internet search engine to give better answers to the increasingly complex queries posed by Web surfers. The change has come as part of an...

October 2, 2013

German polls: Angela Merkel victorious

Chancellor of Germany Angela Merkel won a third term by in German elections. Her conservative Union bloc – the Christian Democratic Union (CDU) and Bavarian Christian Social Union (CSU)...

October 2, 2013

ECB keeps key rate unchanged at 0.5%

The 23-member governing council of European Central Bank has left its benchmark interest rate unaltered at a record low of 0.5%. The council said that the slowly recuperating eurozone...

September 6, 2013

Stage set to launch India's first defence satellite

India’s first defence satellite GSAT-7 dedicated to Navy for maritime security is now set for the launch. The home-built satellite will be crucial as it will overcome Navy’s...

August 30, 2013

Intermixing of Population happened in India for 2,300 years

As per the scientists from the Hyderabad based Centre for Cellular and Molecular Biology (CCMB) and Harvard Medical School, Indian population was derived from two major ancestral populations...

August 12, 2013

Tension escalates between U.K.-Spain over Gibraltar

There is a sudden spike in the Anglo-Spanish conflict over Gibraltar as Spain has threatened to impose border charges and close airspace which can turn into a form...

August 8, 2013

EU barred funding settlements for Israel

European Union (EU) has issued an instruction that will bar all 28 member states from funding projects connected to Jewish settlements in the occupied territories, including annexed east...

July 31, 2013

Prince Philippe is Belgium’s 7th King

Belgium’s King Albert after a 20-year reign stepped down the throne which has been overtaken by his son Philippe who took the oath before parliament to become Belgium’s...

July 28, 2013

Latvia gets approval to join Eurozone

The small Baltic nation of Latvia has been given approval from its European partners to become the 18th member of the eurozone from 2014. The ECOFIN council which...

July 15, 2013

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