Page-2 of Current Affairs - January, 2013

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

January 30, 2013

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

January 30, 2013

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

January 30, 2013

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

January 30, 2013

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

January 30, 2013

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

January 30, 2013

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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Britain vulnerable to ‘triple-dip’ recession

January 30, 2013

With the shriveling of Britain’s economy shrank by 0.3% in the final quarter of 2012 and 0% growth in its GDP for the year as a whole, the country is facing an elevated risk of  a “triple dip” recession. UK ..

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World economy to recover marginally in 2013: IMF

January 30, 2013

As per 188-member International Monetary Fund’s (IMF) World Economic Outlook (WEO) report, the global economy will undergo modest upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain. As per ..

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RBI relaxes rules for FII in debt

January 30, 2013

The Reserve Bank of India (RBI) has notified certain relaxations in the rules for FII in debt, these are: The investment limit in Government Securities (G-Secs) by Foreign Institutional Investors (FIIs) and long-term investors has been enhanced by $5 billion ..

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Pakistan holds “Saffron Bandit” combat exercise

January 29, 2013

The Pakistani military conducted a combat exercise “Saffron Bandit” involving fighter jets and ground troops. The exercise is being conducted against the backdrop of a elevated tensions with India following a string of ceasefire violations along the Line of Control ..

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