BCCI allows Pak team to play in Champion league T20 in India

The Board of Control for Cricket in India (BCCI) gave its nod to permit a team from Pakistan to play in Champions League-T20 Championship to be held in India in October. Thus it would be the first time that a ..

Month: Current Affairs - May, 2012

Govt approves package of around Rs. 14,000 crore to revamp cooperative credit structure

A package of around Rs 14,000 Crore approved by the Govt in order to revamp the cooperative credit structure in India. Agriculture Minister Sharad Pawar held that the government has also enacted a law to ascertain democratic, autonomous and professional ..

Month: Current Affairs - May, 2012

Cabinet clears 3 Bills

The Union Cabinet 3 Bills: The Universities for Research and Innovation Bill, 2012 Copyright (Amendment) Bill National Accreditation Regulatory Authority for Higher Educational Institutions Bill, 2012 The Universities for Research and Innovation Bill, 2012: Key Objectives: To set up world-class ..

Month: Current Affairs - May, 2012

‘Give free land for 999 years to set up private varsities’

A Committee report on corporate sector participation in higher education headed by Chief Mentor of Infosys N R Narayana Murthy presented its report to the Planning Commission Deputy Chairman Montek Singh Ahluwalia. Some of its key suggestions: Promote private sector ..

Month: Current Affairs - May, 2012

GAGAN navigation system by June 2013

GPS aided Geo Augmented Navigation system (GAGAN): A satellite-based facility aimed at enhancing safety and efficiency of aircraft operations Expected to be installed in all airports in the country by June 2013. Joint venture b/w AAI and ISRO. Will improve ..

Month: Current Affairs - May, 2012

India’s cash deficit to worsen: JP Morgan

J.P.Morgan held that: Since Govt spending remains half hearted, India’s liquidity deficit will decline more, hitting 1.5 lakh crore in June 2012. Core liquidity deficit could hit 1 lakh crore by the end of June, 2012. For this JP Morgan ..

Month: Current Affairs - May, 2012

May 13, 2012: Parliament celebrates 60th years of its existence

A Special Session of the Lok Sabha held on May 13, 2012 to mark its 60th anniversary. Both houses of the Parliament held day-long special sittings with party leaders recalling India’s freedom struggle and the nation becoming the largest democracy ..

Month: Current Affairs - May, 2012

India, Malaysia ink DTAA to boost trade

India and Malaysia inked a DTAA (Double Taxation Avoidance Agreement) to encourage bilateral trade and alleviating exchange of tax information. The objective of the agreement is to evade incidence of double taxation on income by determining the taxing rights b/w ..

Month: Current Affairs - May, 2012