Current Affairs - November, 2013

India indicates plans to develop Chah-bahar port in Iran

India conveyed its plan to Iran towards developing Chah-bahar port there that would ensure connectivity with Afghanistan and Central Asia even though the recent Iran-P5+1 interim deal has not reached a decisive point. The development of Chah-bahar port — around ..

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Apex court asks Parliament to amend law regarding live-in relationships

The Supreme Court has asked Parliament to introduce appropriate amendments to the Protection of Women from Domestic Violence Act, or enact a suitable legislation so that women and children born out of live-in relationships are protected, though those types of ..

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RBI relaxes group limit for NBFCs in insurance joint ventures

RBI has decided to consider a case-to-case basis relaxation of the 50% group limit norm for NBFCs (Non-Banking Finance Companies) in the equity of insurance joint venture (JV). As per the norms of IRDA (Insurance Regulatory and Development Authority), if  ..

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Issue of sugarcane pricing aggravating

The issue of sugarcane pricing is moving towards becoming a major crisis with farmers demanding a higher price for their produce and millers reluctant to give in to their demand.  After the Centre asked the state governments to resolve the ..

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Health Ministry plans to set up “Birth Waiting Homes”

The Ministry of Health and Welfare intends to set up “Birth Waiting Homes” close to healthcare centres to facilitate pregnant women in remote areas to gain access to prenatal care as their due date approaches. Under National Rural Health Mission, ..

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Cyclone Lehar moving towards Andhra Pradesh

Andhra Pradesh is on high alert as very severe cyclone Lehar is gusting towards it. Currently, it is centered 650 km east-southeast on Machilipatttam in the State where it is likely to hit. It would be the second storm to hit Andhra in ..

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Japan to discontinue rice subsidies as it overhauls agriculture

Japanese government is considering phasing out its over four decades old rice subsidy scheme–“gentan” production adjustment system by March 2019. The system was designed to reduce excess crops as part of government’s programme to bring reforms in agriculture sector. What ..

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RBI directs banks to charge for SMS alerts on actual usage basis

As per a notification by the Reserve Bank of India (RBI), banks have been directed charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee. The central bank has advised all the banks to ..

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