Page-6 of Current Affairs - June, 2013

Fact Box: Commodities Transaction Tax (CTT) on non-farm products

June 23, 2013

Commodities Transaction Tax (CTT) on non-farm products from July 1, 2013 As per an announcement made by the Central Board of Direct Taxes (CBDT), from July 1, 2013, the Commodities Transaction Tax (CTT) shall be levied on the derivative contracts of non-agricultural ..

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IIFCL launches its maiden Infrastructure Debt Fund scheme

June 23, 2013

To meet the long-term investment needs of the infrastructure sector, India Infrastructure Finance Company Limited (IIFCL), a Government Of India company has launched its first Infrastructure Debt Funds (IDFs) which will try to mobilize funds funds from sectors like insurance and pension funds as these ..

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Fact Box: India far behind in cyber security compared to US and China

June 23, 2013

Despite being world-known as an Information Technology superpower, India, lags far behind when it comes to official cyber security workforce which comprises a mere 556 experts deployed in various government agencies. If we compare the figures with China, the US ..

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Amol Rajan: U.K.’s first non-white editor

June 23, 2013

Amol Rajan, a Kolkata-born journalist, has created history by becoming the first non-white editor of a British national newspaper, The Independent. This is for the first time in the history of Fleet Street which has been a dominance of whites at top posts. Mr. Rajan moved to Britain ..

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TRAI to suggest ways for corporate control of media

June 22, 2013

Telecom Regulatory Authority of India (TRAI) will recommend the setting up of an ‘institutional buffer between corporate owners and newspaper management’ to the government. TRAI, which is also the regulator for the broadcasting industry, will also opine ways to curb cross-media ownership ..

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U.S. announces stimulus withdrawal, Rupee and Sensex plummet

June 22, 2013

In an announcement which created waves in global stock markets, U.S. Federal Reserve Chief Ben Bernanke announced a gradual withdrawal of the extraordinary monetary stimulus programme, which ensured very low interest rates in America but simultaneously released very large sums of money, ..

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NSSO released data on household consumer expenditure

June 21, 2013

As per the latest data on household consumer expenditure for 2011-12 released by the National Sample Survey Organization (NSSO), families (both urban and rural) are spending more than half of their monthly spend on non-food items on an average. Key points ..

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Mechanism for coal supply to power producers approved by CCEA

June 21, 2013

The Cabinet Committee on Economic Affairs (CCEA) has approved the following mechanism for supply of coal to power producers: Coal India Ltd. (CIL) to sign Fuel Supply Agreements (FSA) for a total capacity of 78000 MW including cases of tapering ..

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Military engineers develop ‘Smart Mine Field’ Application to detect friendly mines

June 21, 2013

Engineers from the Military College of Electronics and Mechanical Engineering (MCEME) have developed a ‘Smart Mine Field’ application which will pinpoint the location of friendly mines, whose position might have shifted over a period of time. What are Friendly Mines? Friendly Mines ..

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Afghanistan suspends talks with the U.S.

June 21, 2013

The Afghanistan government which is feeling let down by the US over the opening of the Taliban office in Qatar capital Doha, has indicated to the Americans that they can no longer take for granted, the positioning of U.S. forces ..

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