Page-14 of Current Affairs - December, 2013

Karnataka Assembly passes rigorous ESMA Bill

The Legislative Assembly of Karnataka passed a stringent Essential Services Maintenance Bill (ESMA), 2013 which will render striking work a non-bailable offence and empowers the police to arrest a striking employee without warrant. Why Essential Services Maintenance Bill (ESMA), 2013? ..

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India to be hub of oil demand growth after 2020: IEA

As per Paris-based International Energy Agency (IEA), India will become the largest single source of global oil demand growth after 2020. Key predictions of IEA published in its World Energy Outlook: The global oil demand is projected to touch 101 ..

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Government disinvest Power Grid Corp further with $1.1 billion FPO

Following its plan to achieve the Rs.40, 000 crore disinvestment target for this fiscal, the government issued Follow-on-Public Offer (FPO) of Power Grid Corporation which was fully subscribed. The sale of 78.70 crore shares valuing $ 1.1 billion, or 17% ..

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Indian diplomat Abhay Kumar writes anthem for SAARC

In a bid to foster regional consciousness and bring member states closer, Kathmandu-based Indian diplomat Abhay Kumar composed an anthem for the South Asian Association for Regional Cooperation (SAARC). SAARC Anthem by Kumar will be translated in Hindi, English, Nepali, Bengali, Pashto, ..

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Dabhol – Bangalore gas pipeline launched

Prime Minister Manmohan Singh dedicated to the Nation GAIL India Ltd’s 1,000 km long natural gas pipeline from Dabhol to Bangalore during the inaugural ceremony of the 8th Asia Gas Partnership Summit (AGPS). About Dabhol-Banglore Gas Pipeline: Constructed in a ..

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India’s CAD improves to $ 5.2 billion in second quarter

India’s Current Account Deficit (CAD) has improved significantly to $ 5.2 billion (1.2% of GDP) in the second quarter (July-September) of this fiscal mainly due to decrease in gold imports and increase in exports. As per the RBI, the (CAD), ..

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India Post offers Express Parcel and Business Parcel services

India’s Department of Post (DoP) has launched two new parcel services namely ‘Express Parcel’ and ‘Business Parcel’. India Post aims to generate revenue of Rs 100 crore from these services. Express Parcel: It is an air mail service for retail ..

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India successfully test-fired nuke-capable Prithvi II missile

India’s Strategic Forces Command (SFC) successfully test-fired nuclear capable Prithvi II missile as part of a regular training exercise. The indigenously developed ballistic missile with a maximum range of 350 km was fired from Integrated Test Range at Chandipur in ..

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India at 94th spot on Corruption Perception Index: Transparency International

According to a survey by corruption watchdog Transparency International, India is positioned at 94th place on corruption index which ranked 177 countries. Afghanistan, North Korea and Somalia are viewed as the world’s most corrupt countries while Denmark and New Zealand ..

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RBI makes punching PIN mandatory for debit card transactions done every time

With an aim to minimize frauds, RBI has made it mandatory for debit card holders to punch in their PIN numbers every time they use the card. In June 2013, the central bank had extended the deadline for implementation of ..

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