Page-14 of Current Affairs - October, 2014

India and Norway sign agreements, MoUs during President’s visit to Norway

October 15, 2014

President Pranab Mukherjee is on a six day visit to the Scandinavian countries of Norway and Finland. He is the first Indian President to visit Norway. A plethora of agreements and MoUs were signed by the two countries Agreement on ..

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NPPA slaps penalty on Novartis for overcharging

October 15, 2014

The National Pharmaceutical Pricing Authority (NPPA) has sent a show cause notice to Novartis, imposing a fine of Rs. 300 cr for overcharging consumers. The drug in question, which Novartis has been accused of overcharging is Voveran. Voveran is painkiller ..

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Separate Bill drafted for regulation of small factories

October 15, 2014

The Labour Ministry has drafted the Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014 and asked for comments from stakeholders.  The Bill is likely to be tabled in the Parliament during its winter session. Application of law ..

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Jean Tirole wins Nobel Prize for Economics -2014

October 15, 2014

The Nobel Prize for Economics was awarded to Jean Tirole “for his analysis of market power and regulation”.  He will be awarded prize money of 8 mn Swedish krona. Jean Tirole is the second Frenchman to have been awarded a ..

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Indian Super League inaugurated in Kolkata

October 14, 2014

The Hero Indian Super League (ISL) was launched amid festivities at Kolkata’s Salk Lake Stadium on October 12 in the presence of fans, industrialists, celebrities and politicians. The inaugural ceremony was celebrated with dances and fireworks. The ISL is a ..

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India to provide four million US dollars for rebuilding the Gaza Strip

October 14, 2014

At the International Gaza Donor Conference in Cairo, India pledged to donate US $ 4 mn in aid to rebuild Gaza Strip. The Conference is to raise money for rebuilding efforts in Gaza after its latest 50 day war with ..

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Roger Federer wins first Shanghai Masters title

October 14, 2014

The world number 3 ranked Roger Federer, from Switzerland, defeated Gilles Simon from France to win the Shanghai Masters Title. Gilles Simon is unseeded. This is the first Shanghai Masters title win for Roger Federer. In 2010, Roger Federer lost ..

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Lewis Hamilton wins inaugural Russian Formula One Grand Prix

October 14, 2014

Englishman Lewis Hamilton, driving for Mercedes,  won the inaugural Russian Formula One Grand Prix held at Sochi. Hamilton had started on pole position. With this win, Mercedes also clinched its first  F1 Constructor’s title. The race was witnessed by the Russian ..

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