Page-6 of Current Affairs - July, 2014

Ukraine's PM submits resignation

July 26, 2014

Ukraine’s Prime Minister Arseniy Yatsenyuk has resigned from the office. This means that Ukraine will have fresh elections that would mirror the country’s changed political picture after the ouster of pro-Russian President Viktor Yanukovych in February 2014. Yatsenyuk, an advocate ..

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MH-17 crash: EU extends sanctions on Russia

July 26, 2014

In the wake of the Malaysian Airplane MH-17 crash that happened over eastern Ukraine recently, European Union has extended the sanctions on Russia. The imposition of sanctions on Russia was started with the country’s annexation of Crimea in eastern Ukraine ..

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'Van Bandhu Kalyan Yojna': Scheme for holistic development of tribals launched

July 26, 2014

A new scheme named ‘Van Bandhu Kalyan Yojna’ for holistic development of tribals has been launched by the government. The Ministry of Tribal Affairs launched the scheme for holistic development of tribal people and Rs 100 crore has been allocated ..

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India-US Malabar naval drill not aimed at containing China: US

July 26, 2014

The US has clarified that the annual India-US bilateral “Malabar” naval exercise which started in the Asia Pacific region is not aimed at containing China and that the exercise would strengthen the US naval presence in the Pacific Ocean region ..

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Investment target for DFC revised to Rs 80,000 crore: Government

July 25, 2014

Government has revised investment target for Dedicated Freight Corridor (DFC) from Rs 27,000 crore to Rs 80,000 crore. As per the government, expenditure on land acquisition has multiplied several times leading to hike in investment target. Government will construct more ..

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Banks barred from trading in bonds for infrastructure lending: RBI

July 25, 2014

According to the Reserve Bank of India, banks will not be permitted to trade bonds issued by other lenders for infrastructure lending that would be exempted from mandatory reserve requirements under the new guidelines issued by the RBI. The RBI ..

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20th edition of Commonwealth Games begin at Celtic Park in Glasgow, Scotland

July 25, 2014

The 2014 Commonwealth Games kicked off with a spectacular opening ceremony that witnessed some enchanting performances by singers Rod Stewart, Susan Boyle and violinist Nicola Benedetti at the Celtic Park, Glasgow (Scotland). The British Queen Elizabeth II declared the Games ..

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India will not support trade facilitation agreement at the WTO

July 25, 2014

Upholding its earlier stance, India will not support a pact on Trade Facilitation Agreement (TFA) at the World Trade Organisation (WTO) till its concerns related to subsidies given for food procurement and food aid is suitably addressed. WTO members are expected ..

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