Page-22 of Current Affairs - August, 2013

Weakening rupee is biggest risk to inflation: Subbarao

August 3, 2013

Duvvuri Subbarao, Governor of the Reserve Bank of India, stated that the declining of the rupee is the biggest risk to inflation. RBI left interest rates unchanged as it supports a battered rupee but it would roll back recent liquidity tightening ..

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BrahMos receives orders worth Rs 25,000 crore

August 3, 2013

Indo-Russian (49.5 % stake) joint venture, BrahMos Aerospace developed the world’s first supersonic cruise missile and has already bagged orders worth Rs 25,000 crore from the Indian defence forces. The deliveries to the Indian Army and Navy have started and ..

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CCEA to consider new definition of “Control” in FDI policy

August 3, 2013

The existing clause in the FDI policy states that a company owned and controlled by resident Indian citizens has the power to appoint majority of its directors in that company. Now the Cabinet Committee on Economic Affairs (CCEA) has decided ..

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ICC World Cup 2015 to be jointly hosted by Australia and New Zealand

August 3, 2013

Defending champion India will take on Pakistan in its opening match of the ICC cricket World Cup, 2015 on February 15, 2015 which is to be jointly hosted by Australia and New Zealand from February 14 to March 29, 2015. India has ..

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RBI leaves key rates unchanged to curb the depreciation of Rupee

August 3, 2013

The Reserve Bank of India (RBI) kept the indicative policy (repo) rate unchanged at 7. 25 % and the Cash Reserve Ratio (CRR) at 4% in order to suppress the instability in the foreign exchange market. The RBI had brought ..

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DD Direct Plus to telecast Australia's ABC International Channel

August 3, 2013

An agreement was signed between Prasar Bharati and Australian channel ABC International which will make available the ABC International channel to the viewers of Doordarshan’s Direct to Home (DTH) platform. The channel is the international service of the Australian public ..

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"Bharat Mobile Scheme"

August 3, 2013

Union govt to proceed with “Bharat Mobile Scheme” The Union government is going ahead with Bharat Mobile Scheme to give mobile phones to 6 million families that live Below Poverty Line (BPL). The plan is being seen as similar to freebies ..

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SAFF U-16 football title: India defeats Nepal

August 3, 2013

India beat Nepal 1-0 to in the final match lift the South Asian Football Federation (SAFF) Under-16 Championships title played at the Dasharath Stadium in Nepal. India returned unbeaten in the biennial tournament. SAFF U-16 Championship Annual international football competition First edition: Nepal (August ..

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