Page-16 of Current Affairs - May, 2013

Govt approved IKEA’s FDI proposal of Rs.10,500 Crore

May 6, 2013

The government allowed Swedish furniture company IKEA to invest Rs 10,500 crore- the largest investment in the single brand retailing – for setting up home furnishing stores in the country since the government liberalized the FDI policy in retail sector ..

Month: 

US rejects India’s request to serve summons against Google Facebook

May 6, 2013

US authorities held that they will be unable to execute the request by India for serving summons to 11 US-based websites including Google and Facebook. US  authorities also held that summons cannot be served to executives, as it impacts “free speech ..

Month: 

Category: 

RBI eases rates, trims repo rate by 25bps to 7.25%

May 4, 2013

RBI reduced the Repo Rate (the rate at which RBI lends money to commercial banks), to 7.25% from 7.5% while keeping the CRR (Cash Reserve Ratio- the portion of deposits that banks require to maintain with RBI) unchanged at 4%. ..

Month: 

Estimated GDP Growth at 5.7% for 2013-2014 – RBI

May 4, 2013

The RBI’s has projected a GDP growth for 2013-14 at 5.7% as against finance ministry’s projection of 6.1%- 6.7%. Indian economy grew by 5% in 2012-2013 on account of poor performance of manufacturing, agriculture and services sector. RBI’s current assessment is that ..

Month: 

May 3, 2013: World Press Freedom Day

May 4, 2013

World Press Freedom Day celebrated its 20th anniversary in on May 3, 2013.  The theme of World Press Freedom Day 2013 was “Safe to Speak: Securing Freedom of Expression in All Media”. The United Nation General Assembly declared May 3 as World Press Freedom ..

Month: 

Category: 

Christopher Briggs – new Secretary General of The Ramsar Convention

May 4, 2013

The Ramsar Convention Standing Committee has appointed Dr Christopher Briggs to the position of Secretary General. He will succeed Mr. Tiéga Anada who has served the Convention for the past six years. What is Ramsar Convention? Formal title of the ..

Month: 

China puts “Zhongxing-11” communications satellite into orbit

May 4, 2013

China has successfully placed its “Zhongxing-11” communications satellite into orbit which was launched from the Xichang Satellite Launch Center in southwest China’s Sichuan Province. What this satellite is for? The satellite is based on the DFH-4 platform manufactured by the ..

Month: 

Category: 

Centre starts Pentavalent Vaccine programme in high-risk areas

May 4, 2013

With an aim to expand and promote the reach of vaccination, the Union Government has kicked off its four-week special immunization programme in high-risk areas across the nation. The vaccines are being provided free of cost aimed at reaching every ..

Month: 

Category: