Page-2 of Current Affairs - November, 2012

Gaza Cease-Fire Holds as Hamas Claims Victory

After 8 days of a bloody conflict, cease fire returned to Gaza. This was brought about by negotiated Egypt along with USA. This was the worst cross-border fighting in four years b/w Hamas and the Israel. Hamas, the Palestinian militant ..

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States free to keep Chief Ministers out of Lokayukta: RS Select Committee

The Select Committee’s report on the Lokpal and Lokayukta Bill, 2011 was tabled in Rajya Sabha recently. The report: Makes it compulsory for States to enact a Lokayukta law within a year of the notification of the Central Act. Gives ..

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OVL to buy ConocoPhillips' 8.4% stake in Kashagan field

ONGC Videsh Ltd. (OVL) has finalized agreements for the acquisition of 8.40% Participating Interest (PI) of ConocoPhillips in the North Caspian Sea Production Sharing Agreement (NCSPSA), which included the Kashagan field in Kazakhstan. Kashagan Field is an offshore oil field ..

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ISRO planning for a six-tonne ‘K’ band satellite

ISRO is planning to build/import six-tonne ‘K’band satellite. Objective: The K band will allow higher and faster data transmission on the Internet by at least 2-3 times what ISRO satellites offer at present It will suit VSAT operators who support ..

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ECB window to widen

ECB: External Commercial Borrowing The government is all set to widen the scope of ECB. This will be done via including sectors incorporated in the new definition of infrastructure, approved by the Cabinet committee on infrastructure. Objective: This will permit ..

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India’s plans to modify ITRs opposed by Civil society and industry

International Telecommunications Regulations (ITRs) India’s made a proposal on ITRs and submitted the same to the International Telecommunications Union (ITU) in October, 2012. The proposal has drawn opposition from, and fears of content control among, civil society and the industry. ..

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Liquid Index ETFs shall be eligible for trading in the SLB segment: SEBI

As part of changes in the securities lending and borrowing framework, SEBI has permitted ETFs (Exchange Traded Funds) that track indices to trade in the short selling market. Liquid Index ETFs shall be eligible for trading in the Securities Lending ..

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India successfully test fired supersonic interceptor missile

Giving a boost to Ballistic Missile Defence (BMD) capability, India successfully launched an interceptor missile to destroy an incoming target missile in a accurate hit at an altitude of 15 km over the Bay of Bengal. The target missile played ..

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