Page-8 of Current Affairs - May, 2012

India, Lanka ink pact of exposition of Kapilavastu Relics from Aug 20, 2012 to Sept 5, 2012

May 23, 2012

India and Sri Lanka inked an agreement regarding the organization of an exposition of the Sacred Kapilavastu Relics in Sri Lanka from August 20, 2012 to September 5, 2012. This would be for the second time since their discovery 113 ..

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SBI posts nearly 200-time increase in profit for Jan-March period

May 23, 2012

SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history and is on the back of a sharp fall in provisioning for ..

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Parliament approves Railway Property Unlawful Possession Amendment Bill 2011

May 23, 2012

The Railway Property Unlawful Possession Amendment Bill 2011 was approved by the Parliament with the Lok Sabha adopting it with a voice vote. The Rajya Sabha had already passed it. Objective: The Act seeks to protect railway property and give ..

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7 young Indian scientists bag World Science Research Competition Prizes in US

May 23, 2012

7 young Indian scientists awarded Inter World High School Science Research Competition Award in USA. The award carries a cash prize of US $75,000.

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Copyright Amendment Bill, 2010 passed; Artists interests protected with newer issues addressed

May 23, 2012

The Rajya Sabha cleared the Copyright Amendment Bill, 2010. Objectives: The Bill amends the Copyright Act, 1957. To remove operational difficulties and address fresher issues related to the digital world and Internet. To bring Indian laws originally enacted in 1957 ..

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India, Trinidad ink MoU in coconut sector

May 23, 2012

MoU inked b/w India and the Republic of Trinidad and Tobago to boost and develop technical cooperation in the coconut sector. Objective: Transfer of technologies in production, post harvest management, value added products and mechanized palm climbing for a period ..

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EC inks MoU with Washington based IFES

May 23, 2012

The Election Commission (EC) inked an MoU with the Washington based International Foundation for Electoral Systems (IFES), for developing and strengthening democratic institutions and processes. Objective: To make available the knowledge and experience of the commission to election managers and ..

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Cabinet approves proposal to permit GAIL to sign agreement on TAPI Gas pipe line project

May 23, 2012

The Union Cabinet approved the proposal of the Ministry of Petroleum & Natural Gas to permit GAIL India Limited to ink the Gas Sale & Purchase Agreement (GSPA) with Turkmenistan’s national oil company Turrnen-Gas, for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline ..

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