Page-8 of Current Affairs - February, 2013

SEBI freezes bank accounts of two Sahara group firms

Market regulator Securities Exchange Board of India (SEBI) ordered freezing of bank accounts and attachment of properties of two Sahara group firms – Sahara Housing Investment Corporation Ltd (SHICL) and Sahara India Real Estate Corporation Ltd (SIRECL), and top executives, ..

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Italy arrests head of Italian company on charges of bribery in Defence deal

The head of Italian firm Finmeccanica, Giuseppe Orsi, has been arrested in Milan in connection with charges that bribes were paid to secure an Indian defence helicopter deal worth Rs 3600 crore. What is the case? It is suspected that ..

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Mohan Parasaran is new Solicitor General of India

Mohan Parasaran has been appointed as the new Solicitor General of India following the resignation of senior advocate Rohinton Nariman from the post. Mr Parasaran, who is currently the Additional Solicitor General, is a senior advocate of the Supreme Court. ..

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Fact Box: Special Purpose Vehicle (SPV)

  Cabinet approves setting up of SPV for TAPI gas pipeline The Union Cabinet has given nod to set up the Special Purpose Vehicle (SPV) for the $9-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. It has also granted permission to GAIL (India) ..

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Angelo Mathews appointed as captain of Sri Lankan cricket team

Angelo Mathews has been selected as Sri Lanka’s Test and one-day  international captain for the rest of 2013. He took the reins from Mahela Jayawardene, who recently nominated Mathews to replace him.

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Super volcano eruptions may eliminate life

As per a recent study, life on Earth faces danger from a catastrophic “Supervolcano” which seismologists say is due to erupt in ‘200 million years’ time. How is it happening?

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Fact Box: Antyodaya Anna Yojana

Haryana lifts VAT on wheat given by AAY Haryana has exempted from Value Added Tax for wheat being given to beneficiaries of Antyodaya Anna Yojana (AAY) under the Public Distribution System (PDS). The move would benefit such beneficiaries to the ..

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Iran test fires cruise missile "Ghader"

Iran test-fired a surface-to-surface cruise missile named “Ghader”, which means Capable in Farsi, in international waters near the Strait of Hormuz. About “Ghader”: Surface-to-surface, ground-to-ship cruise missile Range of 200 kilometres Highly advanced with radar, satellite communications, precision in target ..

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Fact Box: Priority sector lending (PSL)

Priority sector lending (PSL) by public sector banks to minorities to minorities surpassed 15% mark. Priority sector lending by public sector banks to minorities has increased from 10.6% in 2007-08 to 15.01% in 2012-13 with a total lending of Rs ..

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Fact Box: Asteroid 2012 DA14

Asteroid 2012 DA14 fly-by closest to Earth Newly discovered asteroid 2012 DA14 flew by closest to Earth. DA14 is the largest known object of its size which passed this close without making any impact. It shot past in a south-north ..

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