Page-6 of Current Affairs - September, 2013

President’s assent to Prohibition of Employment as Manual Scavengers and Their Rehabilitation Bill, 2013

September 22, 2013

The Prohibition of Employment as Manual Scavengers and Their Rehabilitation Bill, 2013 has received the assent of the President of India. It has now been published in the Gazette of India on September 19, 2013. What are the key points ..

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Bharatiya Mahila Bank to recruit POs

September 22, 2013

India’s first all-women bank, Bharatiya Mahila Bank, which expected to be operational from November 2013, has invited online applications from female candidates for the 115 Probationary Officer posts. The last date for online application is till September 30, 2013. About ..

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Tata and Singapore Airlines ink MoU to set up a new full-service airline

September 22, 2013

A Memorandum of Understanding (MoU) was signed between Tata Sons and Singapore Airlines to enter into a joint venture to set up a full-service airline. Both the partners have applied for Foreign Investment Promotion Board approval. The initial investment in ..

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Govt gives nod to 10% hike in DA, to benefit 80 lakh employees, pensioners

September 22, 2013

The Union Cabinet has given approval to a 10% additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2013. This will benefit around 50 lakh serving employees and ..

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Draft norms on new Company Law make companies to disclose management’s pay

September 22, 2013

As per norms stipulated in the second set draft rules for the new company law, listed firms have been mandated to disclose in the board’s report the ratio of the remuneration of each director to the median remuneration of employees.  ..

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US puts Prudential Financial into ‘too big to fail’ list

September 22, 2013

The US Financial Stability Oversight Council’s (FSOC) designated insurance company Prudential Financial to its list of “too big to fail” institutions. The company has become the third non-bank firm placed under a tighter regulatory regime to reduce risks to the ..

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RBI hikes repo rate by 25 basis points to 7.5%

September 22, 2013

In a surprising move, the Reserve Bank of India Governor Raghuram Rajan, in his maiden mid-quarter monetary policy review, hiked the short-term lending (repo) rate to 7.5%, seeking to control inflation. The Cash Reserve Ratio (CRR) was left untouched at ..

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China launches its first direct bank

September 22, 2013

China launched its first direct bank, a new mode of providing online banking services without any entity outlets.  The direct bank has been launched by the Bank of Beijing in co-operation with the Netherlands-based ING Group. What is a Direct ..

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September 21 observed as International Day of Peace

September 21, 2013

International Day of Peace was observed on September 21 across the world to acknowledge the efforts of those who have strived to end conflict and promote peace. The International Day of Peace is also observed as a day of ceasefire. ..

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U.N. finds extensive use of chemical weapons in Syria

September 21, 2013

As per the report released by the U.N., the experts have found large-scale use of banned chemical weapons in Syria. The U.N. inspectors have found clear evidence that “Sarin Gas” killed hundreds of people in an attack on Ghouta near Damascus ..

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