Page-3 of Current Affairs - January, 2013

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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India, Rwanda ink MoU in Water Resources Development and Management

January 29, 2013

India and Rawanda inked a Memorandum of Understanding (MoU) on bilateral co-operation in Water Resources Development and Management. The pact targets various areas of co-operation with focus on planning, design and implementation of marshland and hillside irrigation, watershed management, water ..

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Kirti Chakra to Army Major Abup J Manjali

January 29, 2013

Major Abup J Manjali of the Rashtriya Rifles has been awarded the Kirti Chakra on this Republic Day for the exhibition of exceptional valor in counter- terrorist operations in Jammu and Kashmir. Manjali is the only soldier to be awarded ..

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Boeing delivers first of C-17 to IAF

January 29, 2013

American Plane maker Boeing has made scheduled delivery of the first of 10 C-17 Globemaster III airlifters to the Indian Air Force (IAF). Boeing is expected to deliver four more C-17s to the IAF this year and five in 2014. ..

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Railways to take food complaints on real time

January 29, 2013

Railways Minister Pawan Kumar Bansal launched a new food catering policy for providing hygienic food at enhanced prices and to the satisfaction of passengers. Railways has set up a toll-free phone number (1800111321) to register the complaints about quality, quantity ..

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