Page-16 of Current Affairs - August, 2012
India looks for Belgian investment in NMIZs
India looked for investments from Belgium in the National Manufacturing and Investments Zones (NMIZs) primarily in the area of training and research. NMIZs will be mega industrial zones with world class supporting infrastructure. The government is providing a number of ..
Month: Current Affairs - August, 2012
India declares drought as El Nino appears
India sees its first drought in last three years due to deficient Monsoon rains As per India Meteorological Department (IMD) the El Nino weather pattern may reduce rains again in the second half of the June to September season. India ..
Month: Current Affairs - August, 2012
US Sanctions on Banks engaged in Iranian oil transactions
United States announced new sanctions against foreign banks that assist Iran sell its oil. The fresh sanctions will target anyone buying Iranian petrochemicals or facilitating payments to Iran, including an Iraqi or Chinese Bank. This has been done to further ..
Month: Current Affairs - August, 2012
Indian Railways inks MoU with Belgium for station development
Indian Railways inked an MoU with Belgium on bilateral co-operation for effective development and modernization of railway sector of both the countries. Railways have selected about 50 stations including New Delhi, Howrah, Mumbai, Patna, Bhubaneswar and Chennai for transforming them ..
Month: Current Affairs - August, 2012
India opens door for FDI from Pakistan
India allowed foreign direct investment (FDI) from Pakistan. But it will be only through government route and not through the automatic route. Earlier, no individual residing in Pakistan or a company based there was permitted to invest as FDI in ..
Month: Current Affairs - August, 2012
New Committee to bolster rural credit structure: RBI
RBI set up a panel to find ways to strengthen the rural cooperative credit structure. The 7 member Committee headed by NABARD Chairman Prakash Bakshi will; · Review the prevailing Short Term Cooperative Credit Structure (STCCS), focusing on structural hindrances ..
Month: Current Affairs - August, 2012
Tumor Stem Cells multiply and fuel Cancer: Study
As per latest research tumors have been found to contain their own pool of stem cells that can multiply and keep fueling the cancer, seeding re-growth. The study deals with a different type of cancer stem cells. What are Stem ..
Month: Current Affairs - August, 2012
Kofi Annan resigns as the UN special envoy to Syria
Former UN Secretary-General Kofi Annan quit as the UN special envoy to Syria. He was appointed to the position to explore for the peaceful solution to the Syrian crisis and secure a peaceful transition of the rule. He failed to ..