Page-10 of Current Affairs - May, 2013

Fact Box: Inflation Indexed Bonds (IIBs)

RBI to launch Inflation Indexed Bonds in June 2013 As stipulated in the Budget 2013-14, the government, in consultation with the RBI, has decided to launch Inflation Indexed Bonds (IIBs) to wean away investors from the yellow metal (Gold) to paper-based savings ..

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Devas investors move The Hague against Antrix

Investors companies of  Devas have moved the Permanent Court of Arbitration (PCA) in The Hague (Netherlands) against Antrix Corporation — the Indian Space Research Organisation’s (ISRO) commercial arm. The Court has formed a panel to hear the multi-million dollar claim ..

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India enters Arctic Council with Observer status

India has got observer status in the Arctic Council along with that of five other nations — China, Italy, Japan, South Korea and Singapore. India has welcomed this step saying it would contribute its scientific expertise, particularly its polar research ..

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Graphene could be used for high-efficiency digital storage

Recently, researchers from Spain have shown how graphene could facilitate the formation of a magnetic field under certain conditions. What did the scientists do? Researchers created a system composed of ruthenium-graphene sheet- tetracyano- p -quinodimethane (TCNQ). Here graphene is sandwiched b/w the layers ruthenium ..

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Fact Box: Junk DNA

Scientists from the Centre for Cellular and Molecular Biology (CCMB) have found in a study that all the non-coding part of human DNA is not junk.  While more than 50% of the non-coding DNA was repetitive, Simple Sequence Repeats (SSRs) ..

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RBI imposes restriction on gold imports by banks

The Reserve Bank of India placed restrictions on banks to import gold with immediate effect to contain the soaring Current Account Deficit (CAD). Why this restriction on Gold Imports? India is among the largest importers of gold in the world. ..

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Dinesh Thakur to get Rs 244 crore for exposing dubious manufacturing practices of Ranbaxy

Dinesh Thakur, a former director of research information at Ranbaxy, who is a whistleblower on the deficient manufacturing practices of Ranbaxy will get Rs 244 crore ($48 million) for his act. What are the charges on Ranbaxy? Ranbaxy, which is Gurgaon (India) based pharmaceutical ..

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April WPI inflation at 4.89%, lowest in last three and a half year

As per government data, the Wholesale Price Index (WPI) in April rose 4.89% which is the lowest since November 2009. WPI inflation in the manufactured items category decreased to 3.41% in April from 4.07% in March. Also, inflation in food articles ..

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