Page-7 of Current Affairs - November, 2012

Govt approves National Pharmaceutical Pricing Policy

November 26, 2012

The government has approved the National Pharmaceutical Pricing Policy (NPPP). The move will bring 348 essential drugs under price control and also lead to reduction in prices. The government at present controls the prices of 74 bulk drugs under the ..

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Definition of 'Infrastructure Lending' revised by RBI

November 26, 2012

RBI has revised the definition of ‘infrastructure lending’. The revised definition, would make sectors and sub-sectors eligible for infrastructure lending by banks and financial institutions with immediate effect. RBI has been decided to harmonize the definition of ‘infrastructure lending for ..

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CCEA clears 9.5% stake sale in NTPC

November 26, 2012

The Cabinet Committee on Economic Affairs (CCEA) has approved disinvestment of 9.50% equity in NTPC, out of its holding of 84.50% via an offer for sale of shares via stock exchanges as per SEBI Rules and Regulations. Govt hopes to ..

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Japan to fund Chennai-Bangalore Industrial Corridor project

November 26, 2012

Japan to fund the multi-billion dollar Chennai-Bangalore Industrial Corridor (CBIC). This is the third mega-project that will be funded by Japan. The 3 projects that Japan is backing are: Delhi-Mumbai Industrial Corridor (DMIC) Dedicated Freight Corridor (DFC) Chennai-Bangalore Industrial Corridor ..

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Supreme Court questions Centre over not allocating entire spectrum

November 26, 2012

The Supreme Court questioned the Govt that why it didn’t auction the entire 2 G spectrum which was available after February 2, 2012 order of Supreme Court cancelling 122 licenses. The court also held that it would not allow government ..

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India inks loan agreement with World Bank for $70 Mn

November 26, 2012

India and the World Bank have inked an agreement. As pre the agreement, the World Bank will furnish a loan assistance of $ 70 million as additional financing for the Karnataka Health Systems Development and Reform Project. The main objective ..

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Indian Origin Autar Kaw among recipients of U.S. Professor of the Year award

November 26, 2012

Autar Kaw, an Indian born professor of mechanical engineering at the University of South Florida, is among the four recipients of the 2012 US Professor of the Year award. Kaw is known to tens of thousands of engineering students around ..

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Ranjit Sinha, Senior IPS officer appointed CBI Director

November 26, 2012

Senior IPS officer Ranjit Sinha appointed as the the next Director of CBI for a 2-year term.

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