Page-13 of Current Affairs - May, 2013

SEBI gives nod to $10 million Startup Village Angel Fund

May 12, 2013

Market regulator SEBI has given a fillip to the country’s first telecom incubator ‘Startup Village’ in Kerala by approving the Startup Village angel fund of $10 million that could go up to $20 million with a ‘Green Shoe’ (over-allotment) option. The approval for the angel ..

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Union Cabinet approves Amendments in the Parliament (Prevention of Disqualification) Act, 1959

May 12, 2013

The Union Cabinet has given nod to amendments in the Parliament (Prevention of Disqualification) Act, 1959 by introducing of a Bill in Parliament, namely, the Parliament (Prevention of Disqualification) Amendment Bill, 2013.  What is Parliament (Prevention of Disqualification) Act, 1959? ..

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Acidification on the rise in Arctic Ocean

May 12, 2013

As per a new scientific report, the concentration of carbon dioxide in the Arctic Ocean is rapidly escalating which is making its water more acidic. It was assessed by the Arctic Monitoring and Assessment Programme (AMAP) that the ocean chemistry ..

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India has highest number of first-day deaths of newborns: 'State of The World's Mothers 2013

May 12, 2013

As per the latest ‘State of The World’s Mothers 2013’ report, India has more newborns death on the first day than in any other country. With this finding, India has gained notoriety for leading both maternal and new-born deaths globally. The report ranked ..

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India nominates 6 Rajasthan forts and Himalayan park for World Heritage Sites status

May 12, 2013

India has sent seven entries which include six hill forts in Rajasthan and the Great Himalayan National Park in Himachal Pradesh to seek World Heritage Sites status given by UNESCO. UNESCO’s World Heritage Committee at its meeting in Cambodian capital ..

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Proposed US Immigration bill may impact Indian IT companies

May 12, 2013

The upcoming Comprehensive Immigration Reform Bill which is yet to be signed into law by the US President has proposed eight killer provisions which may prove to be detrimental to the interests of major Indian IT companies and professionals. What are main ..

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Women's self-help groups to get cheaper loans (at 7%) under NRLM

May 12, 2013

The Indian Government has approved the proposal of providing loans to Women Self-Help Groups (SHGs) at a lower interest rate of 7% as compared to present rate ranging between 11.5 – 14% to eradicate poverty through women empowerment. The programme will ..

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Wal-Mart replaced Exxon Mobil in US largest 500 companies as Revenue maker

May 10, 2013

In the annual list of US largest 500 companies, Wal-Mart – a largest retailer claimed 1st rank by earning revenues of 469.2 billion$ at a growth rate of 6% and booked profits at 36% in 2012. Company Wal-Mart has succeeded to ..

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