Page-22 of Current Affairs - November, 2012

Need to establish South Asian power trading market: CERC

November 6, 2012

India’s power sector regulator Central Electricity Regulatory Commission (CERC) has suggested establishing a South Asian power trading market to help alleviate acute electricity deficits faced by many nations in the region. It recommended that a SAARC sub regional power trading ..

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Limit for concessional SMS at 100 per day per SIM: TRAI

November 6, 2012

The Telecom Regulatory Authority of India (TRAI) has set the limit for concessional SMS at 100 per day per SIM. This will be implemented in 15 days. As per the directives: There is no maximum limit for SMS, but consumers ..

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Apex court refuses to interfere with policy on FDI in retail

November 6, 2012

Asserting that Policy making is exclusive right of the executive, the Supreme Court refused to interfere with the policy on FDI in retail. The Centre informed the court that Reserve Bank of India had notified the amendments to the regulations ..

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Unique SMS service from NASA to help spot ISS

November 6, 2012

To celebrate 12th anniversary of crews living and working aboard International Space Station (ISS) NASA launched a new SMS service that will help people on earth to spot International Space Station (ISS) without a telescope.  “Spot the Station” service will ..

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U.K. to slash aid to India

November 6, 2012

Britain is planning to slash its £280 million a year aid to India from 2015 following increasing domestic pressure on Prime Minister David Cameron to halt funding emerging economies such as India, China and Brazil at a time when Britain ..

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Persons in News: Ruchir Sharma

November 6, 2012

Ruchir Sharma bags Tata Literature First Book Award. Author Ruchir Sharma was honored with the Tata Literature Live! First Book Award for his book Breakout Nations: In Pursuit of the Next Economic Miracles. The book gives a clear picture of ..

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“Assisted Reproductive Technology Bill”: To regulate infertility clinics

November 4, 2012

Assisted Reproductive Technology Bill which is aimed at regulating the functioning infertility clinics in the country is awaiting approval of the Union Cabinet and Parliament. The Bill seeks to allow surrogate parenthood, which was not yet permitted in many Western ..

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India declines 4 places, ranked 40th in WEF’s financial development index

November 4, 2012

 India was ranked at 40th position in the World Economic Forum’s Financial Development Report 2012, down four spots from last year. The index ranked 62 leading financial systems and capital markets. As per the report weak institutional and business environment ..

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