Page-20 of Current Affairs - January, 2014

Aam Aadmi Party-led Delhi government Okays 50% power subsidy

January 1, 2014

The Aam Aadmi Party-led Delhi government declared 50% subsidy on the power tariff to benefit approximately 28 lakh households, after announcing 667 litres of water free of charge to all households in the capital who have metered connections. Salient Features ..

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‘Millionaire Tax” approved by the French constitutional council

January 1, 2014

The French Constitutional Council approved the government’s controversial “millionaire tax” proposal for companies to pay 75% tax on annual salaries exceeding €1 million  ($1.375 million USD), in line with President Francois Hollande’s drive to limit executive pay at a time ..

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Survey by Trend Micro: Bitcoin malware, India among top targets

January 1, 2014

As per a survey conducted by the IT security firm Trend Micro, Bitcoin mining malware is infecting millions of computers globally and extending the threat of cyber security risks for users of the cyber currency. Thousands of computers, including in ..

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RBI extends deadline to issue inflation-indexed bonds

January 1, 2014

The Reserve Bank of India (RBI) extended the time for issuance of Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) by three months to March 31, 2014, from December 31, 2013. The issuance can be closed ..

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RBI: political instability after LS elections will hit economy

January 1, 2014

The Reserve Bank of India (RBI) cautioned that any political instability after the Lok Sabha elections in 2014 will drag the besieged economy further down, except there is a stable new government at the centre. On the release of the 8th ..

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India's e-commerce market rose 88% in 2013: Survey

January 1, 2014

As per the survey, India’s e-commerce market grew by 88% in 2013 to $16 billion. The increased internet penetration and availability of more payment options boosted the e-commerce industry in 2013. The survey was conducted by the Associated Chambers of ..

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Mr. Pradeep Kumar: New MD (Corporate Banking) of SBI

January 1, 2014

The Country’s biggest lender, State Bank of India (SBI) appointed Mr. P.Pradeep Kumar as its Managing Director and group executive in charge of corporate banking. The seat was lying vacant as of Ms. Arundhati Bhattarcharya became the Chairman of SBI ..

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Delhi CM Arvind Kejriwal announces free water

January 1, 2014

Delhi Chief Minister Arvind Kejriwal delivered on the AAP’s promise of its poll manifesto by announcing 20 kilo litres of free water a month to all metered households. The decision was questioned by Congress, saying every citizen of Delhi must ..

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