Page-20 of Current Affairs - June, 2013

Finance Ministry asks IBA to set up independent body to oversee CDR mechanism

The Indian Banks’ Association (IBA) has been asked by the Finance Ministry to set up an independent body to oversee the Corporate Debt Restructuring (CDR) mechanism. The step has taken after witnessing a surge in the number of debt restructurings over the past two years. ..

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45% of deaths of under-five children caused by malnutrition: Report

As per a latest report published in The Lancet, malnutrition has been blamed to be the reason behind the deaths of nearly 45% children under-five. As per the research report: Malnutrition is responsible for around 3.1 million deaths in children under five ..

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Centre returns West Bengal ponzi Bill for rectification

The Centre has returned the West Bengal Bill, aimed at reining in ponzi firms.  The Centre expressed reservations about the “retrospective effect” clause and asked the State government to rectify it. The West Bengal Protection of Interest of Depositors in ..

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NAC re-constituted, tribal expert Virginius Xaxa replaces Aruna Roy

Union Government has restructured the National Advisory Council by inducting eminent sociologist Virginius Xaxa into the 12-member panel headed by Sonia Gandhi. Xaxa is a Professor at the Tata Institute of Social Sciences, Guwahati and has worked extensively on tribal communities of the country Aruna Roy who had ..

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Obesity and poor nutrition costs world economy $1.4 trillion: FAO

As per the latest report of the Rome based U.N.’s Food and Agriculture Organisation (FAO), obesity and poor nutrition cost dearly for the global economy and suggested the governments that investing in food health would bring big economic as well as social ..

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UK’s Northern Ireland gears up for G-8 summit

The 39th G8 summit will be held in the United Kingdom’s Northern Ireland on June 17-18, 2013. G-8 The Group of Eight (G8) is a group made up of Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States. Initially the group had only 6 member Germany, Italy, Japan, United Kingdom and United States were ..

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Fact Box: Indian Banks' Association (IBA)

K R Kamath re-elected as IBA’s Chairman K R Kamath, the chairman and managing director of Punjab National Bank (PNB), has been re-elected as the Chairman of the Indian Banks’ Association (IBA) for 2013-14 tenure. Indian Banks’ Association (IBA) Established on ..

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Susan Rice will be US National Security Adviser

President Barack Obama to appointment Ms Susan Rice as national security adviser for US Govt. Ms Susan Rice who currenttly US ambassador at the UN, will take over the position in July 2013 from Mr Tom Donilon. The decision to ..

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