Page-18 of Current Affairs - May, 2014

Finance Ministry: Withdrawal of fiscal stimulus programme in US will not affect much the foreign investments into India

The Finance Ministry has tried to lessen fears that the withdrawal of fiscal stimulus programme in the US will affect foreign investments into India. A report by the Finance Ministry alleviates the fears saying India is an attractive destination with its ..

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Gary Becker, economist and winner of Nobel Prize passed away

Gary Becker (83), a professor in University of Chicago who was conferred the Nobel Prize in economic sciences in 1992, passed away. He is credited for his path-breaking approach to economics as the study of human behavior. Becker applied his economic ..

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“Sarvada Vijay”: Indian Army’s desert exercise conducted to tests its fighting skills

Indian Army conducted “Sarvada Vijay” combat drill in West Rajasthan as part of regular training aimed at honing war-fighting skills in temperatures as high as 45 degree Celsius. Composite infantry and mechanized forces practised swift manoeuvres as part of the ..

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NASA to grow plants on International Space Station (ISS)

The US space agency NASA plans to grow plants on the International Space Station (ISS) by the end of year 2014. Astronauts on board will be able to grow plants with the help of the Veggie “plant pillows” taken to the ISS ..

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Existence of 117th element “Ununseptium (Uus)” confirmed

The existence of element 117- “Ununseptium (Uus)” has been confirmed by the scientists at the GSI accelerator laboratory in Germany, including those from India, who have created atoms of the element. This confirmation succeeds the original discovery, made in 2010 by ..

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India conducts successful test of first indigenous air-to-air Beyond Visual Range (BVR) 'Astra' missile

India tested its first indigenous air-to-air Beyond Visual Range (BVR) ‘Astra’ missile from a Sukhoi-30MKI fighter jet, marking an important achievement in the development of complex BVR weapons. Astra will initially provide a 44-km range with “high single-shot kill probability”, while its Mark-II ..

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Foreign Portfolio Investors can invest up to $81 billion in debt securities

As per India’s stock market regulator Securities and Exchange Board of India (SEBI), Foreign Portfolio Investors (FPIs), a newly created class for overseas investors, will be able to invest up to $81 billion (close to Rs 4 lakh crore) in government and corporate ..

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'Bacillus pumilus SAFR-032' Bacteria from Earth may contaminate Mars; confuse researchers in future about origin of life on Mars: NASA

NASA has expressed concerns about possible contamination of the Martian surface due colonization of micro-organisms riding with the space-crafts sent from Earth. These bacteria could contaminate celestial bodies such as Mars, making it difficult for researchers to ascertain if a ..

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