Page-11 of Current Affairs - November, 2011

Economy grows 7.7% in Apr-June

The Indian Economy has shown the slowest pace in six quarters. Data released by the Central Statistics Office have showed growth in the April-June quarter of the current financial year stood at 7.7% compared to 8.8% in the same year-ago ..

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RBI warns of Higher Inflation

Recently, RBI said that it expects economic growth to moderate to 8% or below in 2011-12 due to global uncertainty and rising interest rates. The central bank also expects inflation to be high for most of the year. Economic growth ..

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Farmers actually pay 14% on subsidized 7% loans: NABARD Study

In the Union Budget 2006-07, the Indian Finance Minister had announced the subsidized 7% loan for farmers. A recent study by NABARD says that it actually translates into a 14% rate according to a study conducted by Nabard. However, n ..

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New Pension Scheme posts low returns

New Pension Scheme is being promoted as long-term financial instrument for an investors old age security. But the latest data released by Government have presented a dismal picture. Investment Options in NPS: The NPS subscribers have two investment options. First ..

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FSLRC asked to review PF and small savings norms

Recently, the Financial Sector Legislative Reforms Commission (FSLRC) has been asked by the government to review of the rules governing Employees Provident Fund Organization (EPFO), government securities and small savings schemes such as public provident fund (PPF) and National Savings ..

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1857 Revolution hero Nahar Singh’s letter up for auction in London

The 1857 Revolution hero, Nahar Singh’s mysterious letter to a former Governor-General of British India, Lord Ellenborough, will be auctioned on October 4, 2011 at Bonhams in London. The letter dictated in English to a secretary, was written on September ..

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Mother Teresa’s 101st birth anniversary: 26th August 2011

Mother Teresa (26 August 1910 – 5 September 1997), born Agnes Gonxha Bojaxhiu, was a Catholic nun of Albanian ethnicity and Indian citizenship, who founded the Missionaries of Charity in Calcutta, India in 1950. For over 45 years she ministered ..

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INS Karuva commissioned

INS Karuva is the 10th indigenously built Fast Attack Craft (FAC) of the Indian Navy, which was recently commissioned by Air Marshal K J Mathews, Commander-in-Chief, Strategic Forces Command at the Naval Base in Visakhapatnam. “Karuva” is named after an ..

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Highest Newborn Deaths in India: WHO

Recently, World Health Organization, Save the Children and the London School of Hygiene and Tropical Medicine has released the most comprehensive newborn death estimates so far — covering all 193 countries and spanning 20 years. Here is some finding relevant ..

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Dr Valiya Hamza and the Hamza River

Dr Valiya Hamza is an Indian-origin scientists who has been studying the mighty Amazon River region for over four decades. Amazon, as we know is the second longest river in the world and by far the largest by water flow ..

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