Page-7 of Current Affairs - January, 2014

NDMA in place of MFN between India and Pakistan

January 20, 2014

In order to boost bilateral trade, Commerce Ministers of India and Pakistan have agreed on a Non-Discriminatory Market Access (NDMA) on reciprocal basis to each other, in place of the Most-Favoured-Nation (MFN). India’s Commerce and Industry Minister Anand Sharma accepted ..

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RBI permits foreign buyers to invest in South Indian Bank

January 20, 2014

The Reserve Bank of India (RBI) has given its permission to foreign investors to buy shares in South Indian Bank. The restrictions placed on the purchase of shares of the South India Bank are withdrawn with immediate effect. At this ..

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MoD to Bombay HC: INS Vikrant has completed operational life, best to dispose it

January 20, 2014

The Union Ministry of Defense (MoD) has, in an affidavit filed to Bombay High Court, justified its decision to scrap INS Vikrant. The ministry has stated that the ship has completed its operational life and it would be in the ..

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US scientists ‘re-engineering’ Tulsi

January 20, 2014

At the Western Kentucky University, an Indian-American scientist Chandrakanth Emani along with his team is genetically engineering tulsi or basil to raise its pharmaceutical value. They have genetically engineered tulsi to produce eugenol, a compound in tulsi that has a ..

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Ms Jamila Bayaz: First women to be appointed police chief of Kabul province

January 19, 2014

Ms Jamila Bayaz (50) appointed as the first female police chief in Afghanistan. Ms Bayaz will lead the District One of Kabul province in Afghanistan. She joined Afghan police force more than three decades ago and presently, working as Colonel ..

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Legendary Bengali actress Suchitra Sen passed away

January 19, 2014

Legendary Bengali actress Suchitra Sen (82) passed way in Kolkata due to massive heart attack. She was the first Bengali actress to be honored at an international film festival (She received the Best Actress award for ‘Saat Paake Bandha’ at the 1963 Moscow film festival). About Legendary Bengali ..

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FIFA world ranking: Spain still FIFA's No:1 ranked team

January 19, 2014

The World and European champion Spain remains No. 1 for the 29th consecutive month in the FIFA men’s soccer rankings. Spain holds a big lead over Germany. Argentina was third, followed by Colombia, Portugal, Uruguay, Italy, Switzerland, the Netherlands and ..

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GOLDHEDGE: NCDEX launched gold contract for hedgers

January 19, 2014

The National Commodity Derivatives Exchange (NCDEX) launched an “innovative” gold contract “GOLDHEDGE” that will give a transparent and straightforward price benchmark of the yellow metal to the consumer. The contract, GOLDHEDGE, is available for trading from Jan 16, 2014. The unit ..

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Why birds fly in a ‘V’ Formation?

January 19, 2014

Scientists have unravelled the mystery behind why so many birds fly in a ‘V’ formation. The birds fly in a ‘V’ formation to:-  Conserve energy  Communicate more easily Birds fly in a characteristic V formation to position themselves in “aerodynamically ..

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India and South Korea signed nine pacts to boost trade and investments

January 19, 2014

To boost bilateral ties, India and South Korea signed nine agreements to deepen economic cooperation and strengthen defense engagements. The agreements were signed after delegation level talks between Prime Minister Dr. Manmohan Singh and visiting South Korean President Park Geun-hye ..

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