Page-19 of Current Affairs - January, 2014

Finance Minister called financial sector regulators to implement FSLRC proposals

January 3, 2014

The Union finance minister, P Chidambaram stated the regulators must implement proposals of the Finance Sector Legislative Reforms Commission (FSLRC). The FSLRC report contains 12 key proposals and these do not require legislative changes. It also included a draft Indian ..

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Pakistan appoints a female judge to Sharia Court for the first time

January 3, 2014

Ms Ashraf Jehan (56) appointed as the first female judge of Shariah Court (Pakistan), which hears cases under the Islamic legislation. Ms Jehan was earlier serving as an additional judge at the high court in Sindh. Note: The Shariah Court ..

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PETA's Person of the Year: Dr Shashi Tharoor

January 3, 2014

The Union Minister of State for Human Resource Development, Dr. Shashi Tharoor named as the Person of the Year by the animal rights body PETA (People for the Ethical Treatment of Animals) – India for taking steps to advance animal ..

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RBI eases gold dore import norms; allows refineries to import 15% of their annual requirements in first two months

January 3, 2014

In consultation with the Government of India, the Reserve Bank of India (RBI) partially eased restrictions on import of gold dore after taking into account representations from refiners. As per the new norms – Refineries are allowed to import dore ..

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RBI: Banks to continue accepting scribbled notes

January 3, 2014

The Reserve Bank of India (RBI) stated that banks will continue to accept currency notes with anything written on them and it has not issued any such instructions regarding discontinuity of scribed notes. Nevertheless, the central bank reiterated that writing ..

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FII inflow in Indian equities reaches Rs 1.13 lakh crore

January 3, 2014

The Foreign Institutional Investors (FIIs) are figured to have made a net inflow of over Rs. 1.13 lakh crore in the Indian equity market in 2013. At gross level, FIIs purchased stocks worth Rs 7.96 lakh crore in 2013 and ..

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Ladakh celebrates Losar to mark New Year

January 2, 2014

Ladakh region of Jammu and Kashmir celebrated the festival of Losar with traditional and religious fervor and gaiety. The festival which is celebrated for 15 days marks the start of the New Year. Abour Losar: Losar is a centuries-old community-based ..

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Lativa becomes the 18th state to join the Eurozone

January 1, 2014

The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as ..

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