Page-6 of Current Affairs - September, 2012

India, Pakistan eased visa regime

Indian signed long-awaiting visa agreements aimed to make the visa norms more lenient and liberal. The new visa regime – the first major modernization since 1974 – in particular relaxes travel restrictions for businessmen and brings in a new group ..

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Canada severs diplomatic ties with Iran

Canada has severed diplomatic relations with Iran, closing its embassy in Teheran. As per Canadian Foreign Minister major factors behind the move were Teheran’s nuclear programme, its support for the Syrian regime, threats against Israel and the concern for the ..

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ICICI Bank to launch net banking services via ‘Facebook’

ICICI Bank will launch its services through social website ‘Facebook’ in order to expand its internet banking services. ICICI is among the first banks to start its online presence and facilitate non-cash transactions i.e. requests for cheque books, account statement ..

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Union Cabinet’s approval to interest subsidy for farmer loans

The Union Cabinet has given its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD allowing them to grant short-term crop loans of up to Rs 3 lakhs to farmers at ..

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India, Tajikistan ink pacts to enhance strategic partnership

India signed 6 agreements with Tajikistan on sports, health, culture, education, labor, textiles and energy. Both nations agreed to enhance bilateral ties to a strategic partnership in the direction of strengthening the relationship through all-round co-operation and engagement. Both countries ..

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India to partner European Nations in Social Science Research

The Indian Council of Social Science Research (ICSSR), for the first time, collaborate with four European countries in multi-lateral Social Science research. The projects for networking and social science research cooperation in b/w the researchers of these nations have been ..

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RBI prohibits Mobile network operators from offering mobile wallet facility

The RBI asserted that it will not permit mobile network operators to offer cash-out or mobile wallet service. Why RBI has asserted this? As per RBI, mobile wallet is basically an e-money product and therefore permitting mobile network operators provide ..

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Government chooses 3 institutes to assess the quantum of black money by Indians

The government has assigned the work of finding out the amount of black money stashed by Indians in the country and abroad to 3 institutes. These institutes are National Institute of Public Finance and Policy National Institute of Finance Management ..

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