Page-27 of Current Affairs - July, 2012

Indian fishermen again attacked by Sri Lankan Navy

July 2, 2012

Sri Lankan Navy attacked four Indian fishermen off Katchatheevu. A few days before it had detained nine others for "straying" into their waters The four fishermen were allegedly beaten by Sri Lankan navy personnel off Katchatheevu, an islet ceded to ..

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India displaying delayed effects of anti-inflation policies: Fitch

July 2, 2012

According to Global rating agency Fitch, India, China and Korea — three most powerful emerging Asian economies — are exhibiting delayed effects of tight monetary policies introduced in 2010-11 to tackle inflation. According to Fitch: Slow upgrading in financial position ..

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Market regulator SEBI fine-tunes norms for OFS, IPP

July 2, 2012

Working in the direction of making the process of disinvestment hassle free, capital market regulator SEBI fine-tuned norms governing Offer For Sale (OFS) & Institutional Placement Programme (IPP). IPP and OFS are the two new share sale tools initiated by ..

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Centre planning for Sixth Economic Census as a Central Sector Plan Scheme

July 2, 2012

The Centre is planning to carry out the Sixth Economic Census as a Central Sector Plan Scheme in collaboration with all states and Union territories. Objective: It will provide the official count of entrepreneurial units located in geographical boundaries of ..

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Pakistan releases Surjeet Singh

July 2, 2012

Pakistan freed Indian prisoner Surjeet Singh who has served a life term following his arrest on charges of spying in the 1980s. Singh was freed from Kot Lakhpat Jail. Indian team present at Wagah will receive over 300 fishermen being ..

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Banking sector growth contingent on Innovative delivery model: PwC

July 2, 2012

According to a report by PwC (PricewaterhouseCoopers): · Innovative service delivery models, including mobile banking and ATMs, and the ability to satisfy customers will drive the growth of banking sector in the near future · The concerns over data security ..

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Tamil Nadu will use biometric details for government exams

July 2, 2012

In order to make the recruitment process transparent, the Tamil Nadu Public Service Commission (TNPSC) has decided to introduce an online interactive system, under which biometric details of the candidates will considered As per TNPSC chairman a Centre will be ..

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Nomura slashes India GDP growth projection to 5.8%

July 2, 2012

Nomura has lowered the country’s growth estimate for this fiscal to 5.8%, from 6.7% earlier. Nomura has also hacked its India GDP prediction for 2013-14 to 6.6% from the earlier 6.9%. The government is targeting at GDP growth rate of ..

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