Page-17 of Current Affairs - March, 2013

Neiphiu Rio: New CM o Nagaland CM

March 6, 2013

Neiphiu Rio takes oath as the Chief Minister of Nagaland for the third consecutive term. The Naga People’s Front (NPF)-led DAN, having 40 elected members, along with the support of seven Independents, had staked claim to form the government.

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Russia and US to sign agreement on defence co-operation

March 3, 2013

Russia and the United States have decided to sign an agreement envisaging cooperation of the two nations on missile defence systems and not to use them against each other. There is a standoff b/w the two countries on the U.S. ..

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Budget Box: Government to infuse Rs 14, 000 cr in PSU banks next fiscal

March 3, 2013

In the Budget speech it has been announced that the government will infuse Rs 14,000 crore in public sector banks in next fiscal (2013-14). Objective: To ensure that PSU Banks meet the Basel III regulations regarding capital adequacy. Implementation of ..

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Budget Box: Changed GAAR provisions to come into effect from April 2016

March 3, 2013

As announced in the current Budget, the modified version of controversial General Anti Avoidance Rules (GAAR) provisions will be implemented from April 2016. The modified provisions maintain the basic thrust and purpose of GAAR. The government had formed an expert ..

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Budget Box: Banks can sell insurance products of multiple insurance firms

March 3, 2013

As per Budget 2013-14, banks will also act as brokers for selling insurance products of multiple companies. More highlights on Insurance sector: Insurance companies will be allowed to open branches in non-metropolitan cities without approval from the insurance regulator. All ..

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‘Walking with Lions: Tales from a Diplomatic Past’ a book by Natwar Singh released by Vice President

March 3, 2013

“Walking with Lions : Tales from a Diplomatic Past” A book authored by Shri K. Natwar Singh, former Union Minister for External Affairs was released by the Vice President of India Shri M. Hamid Ansari.

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India, UK sign pact on boosting co-operation in Earth Sciences

March 3, 2013

A Memorandum of Understanding (MoU) was signed b/w India and UK to strengthen their cooperation in Earth Sciences and environmental research by sharing information on meteorology, hydrology and climate variability. The MoU was inked b/w the Earth System Science Organisation ..

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Vice Admiral Anurag G Thapliyal to be new Director General of Indian Coast Guard

March 3, 2013

Vice Admiral Anurag G Thapliyal will take the position of Director General of Indian Coast Guard succeeding the present Director General Vice Admiral MP Muralidharan

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