Page-11 of Current Affairs - January, 2014

Rate of gas to be doubled as Government notifies new Gas Pricing Formula

January 13, 2014

On the eve of Petrotech Conference, the Government has given a respite to the gas exploration industries by notifying the new Gas Pricing Formula which will double the rate of gas to $8.4 per unit from April 2014, for all domestic ..

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Trident Group first corporate to pay salaries via Aadhaar Payment Bridge (APB)

January 13, 2014

Diversified business house Trident Group became the first corporate to use Aadhaar Payment Bridge (APB) for payment of salaries to its employees. The facility launched in the presence of Planning Commission Deputy Chairman Montek Singh Ahluwalia and Unique Identification Authority ..

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India's first indigenously developed stratospheric balloon penetrates into mesosphere

January 13, 2014

For the first time in India, an indigenously developed stratospheric balloon penetrated into the Mesosphere. It is developed at the Balloon Facility, Tata Institute of Fundamental Research, Hyderabad under the High Altitude Balloon Development Project (HAA). Till yet, only balloons ..

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FM: Plan to open 10,000 bank branches a year from next fiscal

January 13, 2014

The Union Finance Minister P. Chidambaram stated that in order to take the banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year from the next financial year. Thus, an ..

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New blood test could be used to predict if a patient will have a heart attack

January 13, 2014

Scientists have developed a new and simple blood test that can be used to predict whether a patient is about to have a heart attack by testing for Circulating Endothelial Cells (CECs). They found that the presence of CECs in ..

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RBI: Gold loan finance companies can now give loans up to 75% of the market value of the gold

January 11, 2014

The Reserve Bank of India (RBI) has eased the norms for extending loans against gold jewellery as collateral. It has decided to raise the Loan-To-Value (LTV) cap for loans against the collateral of gold jewellery to 75 % from the ..

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Cabinet approved the TRAI guidelines for TV rating agencies

January 11, 2014

The Union Cabinet approved the proposal of the Ministry of Information and Broadcasting to bring out the comprehensive regulatory framework in the form of guidelines for Television Rating Agencies in India. Excerpts of guidelines for Television Rating Agencies All rating ..

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No cash transactions in CIS : SEBI move to check laundering

January 11, 2014

The market regulator, Securities and Exchange Board of India (SEBI) made it compulsory for all investments into Collective Investment Scheme (CIS) funds to be made through banking channels, and not in cash, to prevent any money laundering activities through such ..

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HSBC PMI: Service sector output drops in December for 6th consecutive month

January 11, 2014

The HSBC Services Purchasing Managers’ Index (PMI), compiled by Markit, fell to 46.7 in December from 47.2 in November, registered the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis. ..

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Supreme Court: Persons can be tried despite not being named in FIR

January 11, 2014

The Supreme Court held that a person can be made an accused by the trial court in case evidence crops up during the proceedings even if he has not been named in the FIR or charge sheet. A five-judge Constitution ..

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