Page-11 of Current Affairs - January, 2013

Proceeds of NIF allowed to be used to fund bank recapitalization: CCEA

In a move made to enhance disinvestment policy, the Cabinet Committee on Economic Affairs (CCEA) chaired by PM Dr. Manmohan Singh has permitted the National Investment Fund (NIF) to buy shares of public sector enterprises, including banks and insurance companies. ..

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Axis Bank offers e-Gift Card service

Axis Bank has launched ‘Axis Bank e- Gift Card’ which is an online version of physical plastic gift cards. What does it offer? The e-Gift card allows the customers to buy gift cards in an alternate way. The card carrying ..

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Black Holes are growing faster than previously believed

Scientists from Swinburne University have revealed that the growth of super massive black holes, which are present at the centers of galaxies, does not occurs in the same way as it was previously thought. Previous Thoughts and New Discovery:

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Diktat by Khap Panchayats on dress code for women illicit: Supreme Court

The apex court of India has ruled that diktat on dress code for women and barring them from carrying cellphone is unlawful. As per the ruling, such diktats are against the fundamental right to life and Khap Panchayats have been ..

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Facebook launches new “graph search” tool

Facebook has unveiled a new friends-based search tool “graph search” which will help its users search for people and places within the social network. The new tool which is available as a beta version will initially let users browse mainly ..

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RBI’s multiple roles create conflict: IMF

As per International Monetary Fund (IMF) report, India, despite its recent successes in developing a stable financial system, its financial sector still faces up obstacles to its ability to support growth and stability. As per report, which is part of ..

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Mohammad Tahir-ul-Qadri – New face in Pakistan Politics

  Mohammad Tahir ul-Qadri is a Pakistani politician, former law professor and a Sufi scholar.He was the former professor of international constitutional law at the University of the Punjab. Qadri is also the founder and Chairman of Minhaj-ul-Quran International. He ..

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Govt imposes 2.5% duty on import of crude edible oils

In a move aimed at protecting domestic oilseed farmers, the government imposed 2.5% import duty on crude edible oils without any hike in duties on refined cooking oil fearing rise in retail prices. The decision, however, was not supported by ..

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Patiala House court unveils e-stamping

Patiala House court complex, one of the six district courts in Delhi switched to e-stamping facility completely. With this the court became the first district court to fully switch over to the e-stamping process and eliminate stamp papers. Why this ..

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World Bank cuts Global Growth estimates for 2013

World Bank sharply slashed the global growth outlook for 2013 to 2.4% from earlier estimate of 3%. As per World Bank, major economies around the world are still facing hurdles towards recovery, despite improved conditions in financial markets. It also ..

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