Page-10 of Current Affairs - June, 2012

India need not transfer $10 bn into IMF right away

June 21, 2012

India may not be required to infuse $10 billion (Rs 55,000 crore) it promised at the G20 to the International Monetary Fund (IMF) for bailing out debt-trapped Euro zone if the global economic situation gets better The amount to be ..

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GOOGLE: 49% increase in the Online content censorship demands from India

June 19, 2012

  Internet behemoth Google registered 255 instances of India requesting for online content censorship, posing a sharp increase of 49% in the second half of 2011. India’s request formed part of 1,000 demands from governments around the world to remove ..

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Govt initiates 10% stake sell off in Nalco

June 19, 2012

The government has started the process of 10% stake sale in National Aluminium Company Ltd (Nalco, based in Bhubaneshwar) which may enrich the exchequer  with around Rs 12,000 crore. Nalco is also thinking over to come out with a fresh ..

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Fitch cuts down on India’s credit rating outlook

June 19, 2012

After Standard and Poor’s another global rating agency Fitch degraded India’s credit rating outlook to negative. As per Fitch: corruption, inadequate reforms, high inflation and slow growth are major reasons behind the fall in ratings sluggish growth and rising inflation ..

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India Inc disgruntled with RBI not slashing rates

June 19, 2012

India Inc is dissatisfied with RBI’s decision of keeping interest rates unchanged As per Assocham, a cut in interest rates may give some boost to the industrial sector and help the economy come back on the higher growth trajectory The ..

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MoU signed b/w UCIL & Karnataka for uranium ore mining

June 19, 2012

The Uranium Corporation of India Ltd (UCIL) and the Karnataka government inked pact to establish a uranium ore mining and processing plant in Karnataka. UCIL projected to invest Rs 550 crore in plants at Gogi, Saidapur, Diggi and Umardoddi villages ..

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Farmers to avail loans directly from commercial banks

June 19, 2012

Farmers in Maharashtra who are yet to obtain loans from cooperative banks can now expect them from commercial banks. The state govt will soon take measures to assist Regional Rural Banks (RRBs) utilize the infrastructure of primary agriculture cooperative societies, ..

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Government increases MSP of major Kharif crops

June 19, 2012

The government increased Minimum Support Price (MSPs) of primary kharif crops for the 2012-13 by up to 53 % that triggered concerns about further rise in food inflation. Why this rise in MSP (as it will trigger concerns about further ..

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First time in the country- Tamil Nadu to print RTI replies in Braille

June 19, 2012

As a first in the country, Tamil Nadu State Information Commission (TNSIC) will provide RTI replies in Braille. Objective: As per the TNSIC more than 7 lakh visually challenged people would get the benefits through this step. Thus it would ..

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Kurbanpur (Haryana): First village of India to have lands records on satellite

June 19, 2012

Haryana’s Kurbanpur village of district Ambala became the 1st village of the country to put the land records of all its farmers on satellite The technique is developed by the combined efforts of Haryana Space Application Centre, Hisar and NIC ..

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