Page-8 of Current Affairs - July, 2012

$ 3 billion compensation to Sudan for economic losses: South Sudan

July 24, 2012

South Sudan has extended a compensation of more than 3 billion dollars to its neighbor Sudan for economic losses incurred due to the South’s independence. They are negotiating in Ethiopia to resolve bitter differences ahead of a U.N deadline on ..

Month: 

Renminbi, Rupee included in ADB’s TFP

July 23, 2012

Noticing the expanding influence of the economies of China and India among the Asian economies, the Asian Development Bank (ADB) decided to encourage and support deals denominated in their local currencies under its Trade Finance Programme (TFP) as intra-regional trade ..

Month: 

1st woman to head African Union Commission

July 23, 2012

African leaders elected Ms Nkosazana Dlamini-Zuma to head the African Union (A.U.) Commission. She is the first woman to gain such a position. Ms. Dlamini-Zuma, South Africa’s Home Affairs Minister, defeated the incumbent, Jean Ping of Gabon, in a challenging ..

Month: 

Govt to uphold TUFS in the 12th plan

July 23, 2012

Commerce, Industry and Textiles Minister Anand Sharma announced that the Technology Upgradation Fund Scheme (TUFS) for the textile sector would be continued in the XII Plan. The scheme has been allocated Rs.15,886 crore. There is an increase in the amount ..

Month: 

Category: 

P.N.Dhar passes away

July 23, 2012

Professor of Economics Prithvi Nath Dhar (94), the first Principal Secretary of Indira Gandhi in 1970, passed away in New Delhi. He was the professor of Economics in the University of Delhi. He was the only person who had joined ..

Month: 

Yahoo appoints Marissa Maye as its New President and CEO

July 23, 2012

Marissa Mayer has been appointed as the new president and CEO of Yahoo – world’s 2nd largest search engine by query volume. Prior to her appointment, she served as the top executive at Google. Mayer will lead the product innovation ..

Month: 

3% rise in Global Carbon Dioxide Emissions in 2011

July 23, 2012

As per the report “Trends in global CO2 emissions”, there is a 3% surge in the global carbon dioxide (CO2) emission in 2011. The 3 % increase took the total amount of CO2 in air at an all-time high of ..

Month: 

Arun Mishra will be the new Chief of DGCA

July 23, 2012

Former IAS officer Arun Mishra will be the new chief of DGCA. The decision has come from Appointment Committee of the Cabinet (ACC). Mishra will replace E. K. Bharat Bhusan. Arun Mishra has served as Joint Secretary, senior executive, SDO, ..

Month: