Page-14 of Current Affairs - January, 2014

Moclic software – can predict weather

Researchers from the National Autonomous University of Mexico (UNAM) designed the software Monitoring Climate Change (Moclic) by which anyone is able to determine their community, state or country’s weather activity for the days and months ahead. Characteristics of Monitoring Climate ..

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India-Saudi Arabia inked pact to protect interests of Indian domestic sector workers

India and Saudi Arabia signed an agreement to protect the interests and rights of Indian domestic sector workers in the Gulf Kingdom. The pact signed by Overseas Indian Affairs Minister Vayalar Ravi and visiting Labour Minister of Saudi Arabia Adel ..

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CCEA clears the Central Sector Scheme, ILDP for 12th plan

The Cabinet Committee on Economic Affairs (CCEA) approved the central sector scheme, Indian Leather Development Programme (ILDP) for overall development of the leather sector during the 12th Plan (2012-17). Under this scheme, the six sub-schemes are also proposed with an ..

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CCEA approved MSP of Raw Jute for 2014-15 season

The Cabinet Committee on Economic Affairs (CCEA) approved the Minimum Support Price (MSP) for 2014-15 season for TD-5 grade of Jute at Rs.2400 per quintal for the entire country. This is an increase of Rs.100 per quintal over the MSP ..

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Assam will follow “Chaibagaan time”

The state of Assam decided to follow the ‘chaibagaan’ time instead of the Indian Standard Time (IST). The bagaan time will be helpful to save energy, reduce power consumption and increase productivity. IST is calculated on the basis of solar time ..

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Google ties up with Election Commission for voters’ registration

The Election Commission of India (EC) has tied-up with US-based internet heavyweight, Google, to assist it manage online voter registration and facilitation services ahead of the India’s General Election 2014. Google will provide EC its resources, including its search engine, to ..

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New Zealand’s Corey Anderson smashes quickest ODI century

New Zealand’s cricket player Corey Anderson created a record by hitting the fastest century in One-Day International (ODI), reaching 100 in just 36 balls against the West Indies. Prior to Anderson, Pakistan’s Shahid Afridi had this record who took 37 ..

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FDI in high speed trains expected soon

The Government is expected to permit Foreign Direct Investment (FDI) in high speed trains and other projects including development of rail lines between project sites and existing network. The Department of Industrial Policy and Promotion (DIPP) has proposed 100% FDI through automatic route along with the ..

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RBI to review banks’ single, group borrowing exposure limit norms

Considering the serious risks from ever enlarging pool of corporate stressed loans – bad loans and restructured advances, the Reserve Bank of India is likely to revise its extant single and group borrower limits. RBI’s Financial Stability report (FSR) released in December 2013 has suggested review ..

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CPI rose by 2 points in November 2013

The Consumer Price Index for Industrial Workers or CPI-IW increased slightly by 2 points to 11.47% and pegged at 243 in November 2013 compared to 11.06% in October and 9.55% in the same month last year on account of higher ..

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