Page-102 of IBPS

IOR countries to pursue open regionalism to stimulate growth

July 10, 2013

Trade and industry ministers of Indian Ocean Rim Association for Regional Cooperation (IORARC) member nations agreed to promote trade within the grouping to encourage economic cooperation and development in the strategic Indian Ocean region. India (Gurgaon) and Mauritius co-hosted the ..

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RBI allows asset financing NBFCs to access ECB market

July 10, 2013

As per a notification by the Reserve Bank of India which reviewed the External Commercial Borrowing (ECB) policy, Non-Banking Finance Companies (NBFCs) categorized as Asset Financing Companies (AFCs) by the RBI have been allowed to access the ECB market. The ..

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IIFA Awards 2013 Winners

July 10, 2013

The winners of the 14th IIFA Awards 2013 (International Indian Film Academy) under various categories were declared at an event held at Macau. The award winners and their respective categories are as follows: ·         Best Actress: Vidya Balan for Kahaani  ·         Best Actor: Ranbir Kapoor for Barfi. ·         Best ..

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Andy Murray becomes the first Briton in 77 Years to clinch Wimbledon Men’s Single title

July 10, 2013

Andy Murray of Britain created history when he defeated Serbian star player Novak Djokovic at Center Court of London to become the first Briton in 77 years to win the Men’s Singles Title at Wimbledon 2013.  Earlier he was Fred Perry, who ..

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RBI defines term ‘control’, notifies FDI guidelines

July 7, 2013

The Reserve Bank of India (RBI) has notified Foreign Direct Investment (FDI) guidelines pending for past four years as Press notes 2 and 3 of the Department of Industrial Policy and Promotion will be used to ensure that foreign direct investments comply ..

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R. Chandrasekhar appointed as NASSCOM President

July 7, 2013

The National Association of Software and Services Companies (NASSCOM), has appointed R. Chandrasekhar (60), the former Secretary Department of Telecommunications (DoT), as its president.  Chandrashekhar will take over current Nasscom President Som Mittal, whose tenure ends in January 2014. Mr. Chandrasekhar is a 1975 ..

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FIIs withdraw $5.6 billion from debt market in June 2013

July 6, 2013

Past June 2013 was quite unfortunate for Indian currency and Indian debt market as it saw a historic outflow of FIIs to the tune of $5.6 billion which was the highest ever withdrawal in the market’s history. A weak rupee ..

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Bhiwani, Bharatpur and Mahendragarh are now part of NCR

July 5, 2013

The Union Urban Development Ministry has announced that the National Capital Region has been expanded by including Bhiwani and Mahendragarh districts of Haryana and Bharatpur district of Rajasthan in the NCR. There is also a proposal to include Jind and Karnal of Haryana in the NCR. ..

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Ms Sujata Singh will be next Foreign Secretary of India

July 5, 2013

Ms Sujata Singh (59), envoy to Germany, will be India’s next foreign secretary after an approval of her appointment by Prime Minister Manmohan Singh. Sujata Singh is a 1976 batch IFS officer who will succeed the current Foreign Secretary Ranjan Mathai who set to ..

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India rejects Snowden's request seeking political asylum

July 5, 2013

India turned down USA whistleblower Edward Snowden’s request seeking political asylum. The Indian Embassy in Moscow had received a communication containing a request for asylum. Earlier, Snowden, currently sheltered in the transit zone of Moscow airport, has sought asylum in 20 countries, ..

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