Page-13 of Current Affairs - October, 2013

Double food subsidy, grains to Bihar: Jairam Ramesh

October 11, 2013

According to Union Minister for Rural Development, Bihar would get double foodgrain allocation and food subsidy following the implementation of National Food Security Act (NFSA). It would make Bihar the biggest beneficiary of the NFSA and the state would start getting 56 lakh tonnes ..

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SEBI merges FIIs and QFIs into new FPIs category

October 10, 2013

Stock market regulator, the Securities Exchange Board of India (SEBI) announced Foreign Portfolio Investor (FPI) regulations aimed at wooing foreign investors. SEBI, through these new rules, intends to ease the registration process and operating framework for foreign investors. Under FPIs, ..

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Arundhati Bhattacharya becomes first woman Chairman of SBI

October 10, 2013

 Arundhati Bhattacharya, Managing Director and Chief Financial Officer of State Bank of India, has become its first woman Chairman. She succeeds Pratip Chaudhuri who retired as Chairman on September 30, 2013. Bhattacharya, who joined SBI as a probationary officer in 1977, ..

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IGI and Birmingham airport ink ‘Sister Airport Agreement’

October 10, 2013

With an aim to further strengthen trade and tourism links between the two cities, the Indira Gandhi International Airport (Delhi) and Birmingham Airport entered into an MoU called Sister Airport Agreement.  While 36 million passengers and over half a million ton of cargo ..

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RBI cuts MSF rate by 50 bps to 9.0%

October 10, 2013

The Reserve Bank of India has reduced one of the key short-term borrowing rate, the Marginal Standing Facility (MSF), by 50 basis points to 9.0%. The step has been taken as the rupee has recovered 11.4% after hitting an all-time ..

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"A4AI": Alliance aimed at bringing down cost of internet access launched

October 8, 2013

A number of government bodies, NGOs and private companies have formed a coalition named Alliance for Affordable Internet (A4AI) which aims at reducing the cost of internet access worldwide. The coalition will push for policy and regulatory reforms to bring down the ..

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Diesel exhaust disrupt honeybees’ ability to locate flowers

October 8, 2013

As per a latest research by a team of researchers at University of Southampton, exposure to common air pollutants found in diesel exhaust pollution can affect the ability of honeybees to recognize floral odors. Using floral odors, the honeybees locate, ..

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India tops the list of recipient of foreign remittances

October 8, 2013

As per the World Bank report- Migration and Remittance Flows: Recent Trends and Outlook-2013-16, India is the largest recipient of foreign remittances among developing economies in 2013. Migration and Remittance Flows: Recent Trends and Outlook-2013-16 report: Non-Resident Indians (NRI) remitted a ..

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