Page-15 of Current Affairs - January, 2013

India among major victims of ‘Red October’

What is RED OCTOBER ?  ‘Red October’ (or ‘Rocra’ for short) = A Cyber spying campaign (a cyber-espionage network) launched in 2007 by unidentified criminals that have been secretly stealing important data from many computer systems used by government agencies, ..

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RBI introduces Dollar- Rupee swap facility

RBI has introduced a dollar-rupee swap facility. Objective: To increase the flow of credit to the export sector to support incremental Pre-shipment export Credit in Foreign Currency (PCFC) by banks. As per RBI, banks will have the option to avail ..

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IRFC to issue Tax-free bonds

With an aim to raise Rs.8,886 crore, Indian Railway Finance Corporation Ltd (IRFC) will launch a tax-free bond issue. This would enhance IRFC resources for buying rolling stock for the Indian railways. The Central Board of Direct Taxes (CBDT) has ..

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Banks to ask RBI to permit interest on current accounts

In the run up to the RBI’s Monetary Policy Review, banks will ask the central bank to allow them to pay interest on current account deposits. Currently, there is no interest given by banks on current accounts. Banks are of ..

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67 % population entitled for food: Panel

As per the suggestions made by the Parliamentary Standing Committee on Food and Consumer Affairs headed by Vilas Muttemwar: Food entitlements under the National Food Security Act should be made available to 67 % of the population, excluding the 33% ..

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Mohan Peiris is the new Chief Justice of Sri Lanka

Former attorney general of Sri Lanka, Mohan Peiris, has been appointed as the new Chief Justice of Sri Lanka after the dismissal of former Chief Justice Shirani Bandaranayake following her impeachment. Peiris has never been on the bench.His appointment is ..

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Health Ministry raises eligible income limit for HMDG to 1 lakh

Extending more help to people who do not fall under the Below the Poverty Line (BPL) category, the Health Ministry has raised the criterion of annual income from Rs. 75,000 to 1,00,000, to be eligible for the Health Minister’s Discretionary ..

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Kamal Nath to lead Indian delegation in WEF meet

PM Manmohan Singh has selected urban development and parliamentary affairs minister Kamal Nath to lead the Indian team in the World Economic Forum’s (WEF) annual summit in Davos, Switzerland. The team has 3 other ministerial members: Commerce & industry minister ..

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