Page-6 of Current Affairs - December, 2013

Indian scientists discovered insulin pills for diabetics

December 21, 2013

Indian scientists have discovered a pill form of insulin treatment,  so now diabetes patients would be spared from the pain of jabbing themselves with a needle every day. The process to transform delivery of this therapy from a shot to ..

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UN lowered India's growth forecast to 4.8% for 2013

December 21, 2013

United Nations lowered India’s economic growth forecast for 2013 to 4.8% and warned emerging market economies of the possible negative impact of a tapering of the US Federal Reserve’s quantitative easing program. The UN’s World Economic Situation and Prospects 2014 ..

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UTIP Study: Kolkata ranked top in public transport among Indian cities

December 21, 2013

As per a study conducted by the International Association of Public Transport (UTIP), Kolkata (31) ranked top in the public transport among Indian cities. The other cities studied by the UTIP are Mumbai (41), Chennai (54), Hyderabad (55), Bangalore (65) ..

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Sebi exempts govt from making open offer to IOB shareholders

December 21, 2013

Capital market regulator, Securities and Exchange Board of India (SEBI) exempted the government from making an open offer to public shareholders for acquiring shares of Indian Overseas Bank (IOB). The order was issued after the Government planned to raise its stake ..

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Devyani Khobragade case: Government transfered diplomat to Indian permanent mission to UN

December 21, 2013

The Ministry of External Affairs transferred diplomat Ms Devyani Khobragade to India’s Permanent Mission in the United Nations, giving her full diplomatic immunity. Why Ms Devyani Khobragade has been transferred to India’s Permanent Mission in the United Nations? Ms. Devyani ..

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RBI outlines action plan to tackle NPAs; discussion paper open for public comments

December 19, 2013

The Reserve Bank of India (RBI) outlined a corrective action plan to minimize rising Non-performing assets (NPAs). The plan include three steps:- To motivate early identification of problem cases. To restructure the accounts timely , which are considered to be ..

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"Deterrence Stability and Escalation Control in South Asia" – A study cautions nuclear instability in South Asia

December 19, 2013

As per a study entitled Deterrence Stability and Escalation Control in South Asia released by a major think-tank in Washington has warned that in the fifteen years since India and Pakistan tested nuclear devices in 1998, both have introduced 17 ..

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EU bestows "GSP-Plus" status on Pakistan

December 19, 2013

The European Union (EU) has given GSP-Plus status to Pakistan, a move that is likely to encourage the textile and other industries as it grants exporters duty-free access to 28 member nations of the EU group. Pakistan was in talks with ..

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West Bengal adopts Bill to tackle illegal activities of Chit Funds

December 19, 2013

With a view to tackle illegal activities of Chit Funds, the West Bengal Assembly adopted a fresh Bill ‘West Bengal Protection of Interest of Depositors in Financial Establishments Bill, 2013′. The bill has arrived close on the heels of Sardha ..

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Iran space mission sends monkey to space for second time

December 19, 2013

Iran has revealed that it has successfully sent a monkey into space for the second time in 2013 as part of a space mission aimed at manned space flight. As per Iran’s President Hassan Rouhani, the monkey – named Fargam, ..

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