Page-7 of Current Affairs - December, 2013

Western Ghats: Nod for farming activities by Ministry of Environment & Forests

The Environment Ministry, following the ‘in principle’ acceptance of the Kasturirangan panel report, issued a fresh order on easing norms on activities related to plantations and agriculture in Ecologically Sensitive Areas (ESA). The Ministry elucidated that the recommendations made by ..

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India rolls out its First indigenous LCA – Tejas

Tejas, India’s first indigenous Light Combat Aircraft (LCA), which is all set to replace the MiG-21 series, developed by the Defense Research and Development Organization (DRDO) with Hindustan Aeronautics Limited (HAL) as its principal partner. Tejas is the smallest, light ..

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Indian scientists discovered insulin pills for diabetics

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

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

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

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

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

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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