Page-19 of Current Affairs - August, 2013

CCEA nod to create Special National Investment Fund

August 6, 2013

The Cabinet Committee on Economic Affairs (CCEA) has approved a mechanism to bring down the government shareholding in its six sick companies to the required 90% or less. As per CCEA decision, a Special National Investment Fund will be created to transfer shares ..

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Research links Climate Change to Human Conflict

August 6, 2013

As per a latest study from University of California, Berkeley which analysed 60 studies on climate change, by 2050, human conflict could rise by 50% due to the rising temperatures. The study covered all major types of violence and revealed ..

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France to reduce Rafale order, programme depends upon Indian defense deal

August 6, 2013

France government has decided to cut back its orders for Rafale fighter jets from the current 11 per year to just 26 over the next six years. The move is likely to de-stabilize the entire Rafale programme unless Dassault Aviation ..

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Sugathakumari conferred with Saraswati Samman 2013

August 6, 2013

Noted Malayalam poetess Sugathakumari has been conferred with the prestigious Saraswati Samman 2012 for Manalezhuthu (the Writings on the Sand), a collection of poems in Malayalam. About Saraswati Samman Award Saraswati Samman Award was instituted by KK Birla Foundation in 1991 to ..

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Lucknow zardozi gets GI (Geographical Indication) registration

August 5, 2013

The Geographical Indication Registry (GIR) has accorded the Geographical Indication (GI) registration to the Lucknow Zardozi – the world renowned textile embroidery. The Zardozi products manufactured in areas in Lucknow and surrounding districts have now become a BRAND and will carry a registered logo to ..

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CCEA approves dilution of safeguards for FDI in multi-brand retail

August 4, 2013

The Cabinet Committee on Economic Affairs (CCEA) has given its nod for the “dilution” of certain safeguards including relaxing the 30% sourcing norm and doing away with the mandatory 50% condition for backend infrastructure investment which were approved by Parliament ..

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RBI’s cash-tightening measures to stay until Forex market stabilizes: Subbarao

August 4, 2013

RBI Governor D Subbarao has defended the central bank’s stance on choosing inflation over growth, saying that when the “inflation threshold limit is crossed, it becomes difficult to make a trade-off.” He explained that there is a threshold level of ..

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India to launch indigenous Aircraft Carrier project

August 4, 2013

India will launch its biggest ever Indigenous Aircraft Carrier (IAC) project, in terms of size and complexity of design, on August 12 at Kochi. Indigenous Aircraft Carrier (IAC) project: It will be India’s biggest Indigenous Aircraft Carrier warship with a ..

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