Page-3 of January 2013 Current Affairs, GK & News

Exide Industries to acquire ING stake in Indian life insurance joint venture

Dutch banking and insurance group ING has decided to sell its 26% stake in an Indian insurance venture to local partner Exide Industries. ING is in the process of selling all its Asian insurance and investment management operations. Exide would acquire ING’s 26 % percent in ING Vysya. It would also buy 24% from two ..

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Union Cabinet approves panel to investigate Wal-Mart's lobbying activities

The Union Cabinet gave its nod to the appointment of a one-man Committee into the media reports alleging Wal-Mart of lobbying activities. What would this panel do? The tasks before the Committee are as follows:- (i) To inquire into recent media reports on disclosures of Wal-Mart before the US Senate regarding their lobbying activities and ..

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Shiv Sena elects Uddhav Thackeray as its President

Shiv Sena executive president Uddhav Thackeray  (52) was formally elected as the president of the party. There will be no post of Shiv Sena ‘pramukh’, which was held by late party supremo Bal Thackeray for over four decades.

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Delhi eliminates Leprosy

India’s capital New Delhi has got rid of Leprosy as a public health problem, as the incidence rate of leprosy has declined from 4.5 cases per 10,000 of population in 2001 to 0.8 cases at present. As per WHO guidelines, when the number of leprosy patients gets reduced to below 1 case per 10,000 populations, ..

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India to grow at 5.9% in 2013: IMF

As per the projections of the International Monetary Fund (IMF), India’s economy is expected to expand at the rate of 5.9% in 2013 and a higher growth of 6.4% in 2014 in line with the modest strengthening of global economic outlook.

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