Page-10 of Current Affairs - July, 2013

FDI hike in 13 sectors, 100% in telecom as per Government

July 24, 2013

FDI in multi-brand retail sector is allowed after the agreement from the Foreign Investment Promotion Board (FIPB). With the growing demands from the overseas retails the government decided to liberalise Foreign Direct Investment (FDI) limits in 13 sectors including telecom, insurance, ..

Month: 

China lifts control on Bank lending rates

July 24, 2013

In a move toward creating a market oriented financial system to support economic growth, the People’s Bank of China and its Central Bank promulgated to lift the controls on bank lending rates. Background for why  China lifted the control on ..

Month: 

Uttar Pradesh Plan for 2013-14 finalized by Planning Commission

July 24, 2013

The Planning Commission and the Uttar Pradesh govt together finalized Annual Plan for Uttar Pradesh of Rs 69200 crore for the financial year 2013-14. The Funding Process is bifurcated in 2 parts: The Plan funding from the Central Government to ..

Month: 

Category: 

Huawei Technologies working on Fifth Generation (5G) Technology

July 24, 2013

Chinese equipment maker Huawei Technologies is working on the Fifth Generation (5G) which will be probably available for use by 2020. Samsung has also promulgated that it has tested 5G technology and it will be ready for commercial use by ..

Month: 

Category: 

President announces Securities Laws Amendment, 2013

July 24, 2013

President Pranab Mukherjee has announced the Securities Laws Amendment regulation, 2013. The ordinance was promulgated by the President following the powers granted to him by Clause 1 of Article 123 of Constitution. Securities and Exchange Board of India (Sebi) will now have more powers to deal with ..

Month: 

Swiss tennis legend Martina Hingis included in Tennis Hall of Fame

July 24, 2013

Swiss tennis legend Martina Hingis (32) was inducted in Tennis Hall of Fame.  She has become the fourth youngest member to be inducted in the Tennis Hall of Fame after Tracy Austin (30), Bjorn Borg (31) and Hana Mandlikova (32). ..

Month: 

Category: 

Goods and Services Tax report finalized by PSC

July 24, 2013

Goods and Services Tax (GST) report was finalized by the Parliamentary Standing Committee (PSC) on Finance which will be tabled in Lok Sabha in August 2013 session. The GST Bill introduced in Parliament in 2010 is being examined by the ..

Month: 

India and ADB Sign an Agreement for Gujarat Solar Power Transmission System

July 24, 2013

With the rapid growing electricity demand, and increasing reliance on imported sources of fossil fuel the Government of India and the Asian Development Bank (ADB) signed an agreement for a $100 million ADB loan (A LIBOR based loan from ADB’s ..

Month: