Page-6 of Current Affairs - December, 2013

Canara Bank got license to open a branch in New York

December 24, 2013

To expand its global presence, the Canara Bank received a license from the US regulators to open a branch in New York. As stated by the Chairman and Managing Director of Canara Bank, R. K. Dubey, the Board of Governors ..

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SEBI sets out deposit norms for members in debt segment

December 24, 2013

The Securities and Exchange Board of India (SEBI) sets out minimum deposit requirements for members in the debt segment of the stock exchanges. As per the circular issued by SEBI – As per the norms for stock brokers and proprietary ..

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CCEA approved Rs 6,600 cr interest-free loans for sugar mills

December 24, 2013

The Cabinet Committee on Economic Affairs (CCEA) approved Rs 6,600 Crore interest-free loans to cash-starved sugar mills in order to make payments to cane farmers. The interest subvention will be 12%, which will be borne by the Sugar Development Fund. ..

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Ms. Usha Sangwan: The first woman managing director of LIC

December 24, 2013

The Government of India appointed Ms Usha Sangwan as the first woman managing director of Life Insurance Corporation of India (LIC) and Vijay Kumar Sharma as an MD and chief executive officer of LIC Housing Finance. With these appointments, LIC ..

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First human artificial heart transplant executed in France

December 24, 2013

An artificial heart that can give patients up to five years of extra life has been successfully implanted for the first time, at Georges Pompidou Hospital in Paris, France. The equipment designed to overcome the worldwide shortage of transplant donors was ..

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Kirobo: World’s first robot astronaut

December 22, 2013

Kirobo, the world’s first robot astronaut talks about Christmas in its first chat with the Japanese commander of the International Space Station. About the world’s first robot astronaut Kirobo Kirobo is Japan’s first humanoid robot astronaut, developed by Tomotaka Takahashi, ..

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RBI: Inflation linked bonds for sale from December 23, 2013

December 22, 2013

The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on December 23, 2013 and close it on December 31, 2013. Objective: The ..

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Russia frees former oil tycoon Mikhail Khodorkovsky

December 22, 2013

Mikhail Khodorkovsky, an oil tycoon and political opponent of Vladimir Putin, released from prison after being pardoned by the Russian President. He left for Germany where his mother is being treated for cancer He spent ten years in jail for ..

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