Page-12 of Current Affairs - June, 2012

AV Chaturvedi is new Joint Secretary, Cabinet Secretariat

June 21, 2012

Alok Vardhan Chaturvedi, IAS batch 1986, Madhya Pradesh cadre has been appointed as Joint Secretary, Cabinet Secretariat.

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G20 concurs to boost infrastructure investment

June 21, 2012

In a big advantage to India, the G20 countries agreed to give precedence to investment in infrastructure in developing countries in order to fuel global growth which has been hindered due to the weakening world economy and the Euro zone ..

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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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