Page-2 of Current Affairs - January, 2013

RBI cuts repo rate and CRR, slashes growth forecast to 5.5%

The Reserve Bank of India (RBI) eased its tight monetary policy by slashing its key interest rates by 0.25% and released Rs 18,000 crore additional liquidity into the system to stimulate growth through reduced cost of borrowing. RBI cut the ..

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World’s oldest marathoner to retire

World’s oldest marathon runner, 101-year-old Fauja Singh, from Ilford, east London, has announced retirement from the sport after taking part in the after Hong Kong marathon which will be held in February 2013. Singh is fondly known as ‘Turbaned Tornado’ ..

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Exide Industries to acquire ING stake in Indian life insurance joint venture

Dutch banking and insurance group ING has decided to sell its 26% stake in an Indian insurance venture to local partner Exide Industries. ING is in the process of selling all its Asian insurance and investment management operations. Exide would ..

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Union Cabinet approves panel to investigate Wal-Mart's lobbying activities

The Union Cabinet gave its nod to the appointment of a one-man Committee into the media reports alleging Wal-Mart of lobbying activities. What would this panel do? The tasks before the Committee are as follows:- (i) To inquire into recent ..

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Shiv Sena elects Uddhav Thackeray as its President

Shiv Sena executive president Uddhav Thackeray  (52) was formally elected as the president of the party. There will be no post of Shiv Sena ‘pramukh’, which was held by late party supremo Bal Thackeray for over four decades.

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Delhi eliminates Leprosy

India’s capital New Delhi has got rid of Leprosy as a public health problem, as the incidence rate of leprosy has declined from 4.5 cases per 10,000 of population in 2001 to 0.8 cases at present. As per WHO guidelines, ..

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India to grow at 5.9% in 2013: IMF

As per the projections of the International Monetary Fund (IMF), India’s economy is expected to expand at the rate of 5.9% in 2013 and a higher growth of 6.4% in 2014 in line with the modest strengthening of global economic ..

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Panna Tiger Reserve of MP undergoes vulture population estimation

The Vulture Population Estimation-2013 has been concluded in the Panna Tiger Reserve in Madhya Pradesh.Counting found 867 vultures including 160 migratory and 48 of unidentified origins.  The number of vultures found this year is less compared to last year. The ..

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