Page-10 of 2012

Union Cabinet approves the Land Acquisition Bill

December 20, 2012

Union Cabinet cleared the controversial Land Acquisition Bill which makes it mandatory to get the consent of 80% of people whose land is taken for private projects. In the case of Public-Private Partnership (PPP) projects, consent of 70 % of ..

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Naina Lal Kidwai becomes first woman president of FICCI

December 20, 2012

Head of HSBC India, Naina Lal Kidawai took charge as the first woman President of Federation of Indian Chambers of Commerce and Industry (FICCI). Kidwai is also a recipient of the country’s prestigious civilian award Padma Shri for her contribution ..

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Deadline for new cheque standard (CTS-2010) extended to March 31, 2013

December 19, 2012

The RBI extended the deadline given to shift to new cheques (CTS-2010 Standard cheques), with advanced security and standardized features, to March 31, 2013. Earlier, it had set a December 31 deadline. What is Cheque Truncation? What are the Benefits ..

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Bharat Muni Samman to be given to Hema Malini

December 19, 2012

For her extraordinary contributions to the field of art and culture, renowned film actress and Bharatanatyam exponent Hema Malini has been selected for the prestigious Bharat Muni Samman 2012. About Bharat Muni Samman Named in the honor of author of ..

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India and Pakistan operationalize new visa pact

December 19, 2012

Taking one more step towards peace, India and Pakistan has operationalized new liberalized visa agreements. What are the newly incorporated visa norms? Click here

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“National Investment Board” renamed as “Cabinet Committee on Investment”, also changes made in it’s powers

December 19, 2012

The Union Cabinet approved a renamed and modified version of the original proposal, creating a new Cabinet Committee on Investment (CCI) to fast-track decisions on infrastructure and manufacturing projects over Rs. 1,000 crore. This was done primarily to address the ..

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Tata Sons appoints Cyrus Mistry as it Chairman

December 19, 2012

Cyrus P Mistry will be the Chairman of Tata Sons from December 28 following retirement of Ratan N Tata. Ratan Tata will be conferred with the honorary title of Chairman Emeritus. Mistry has also been appointed as the Chairman of ..

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New UN telecommunication treaty inked amid splits

December 19, 2012

89 member countries on UN signed the first new U.N. telecommunications treaty introduced by U.N.’s International Telecommunications Union or ITU since the Internet age amid disapproval from the U.S. and other Western nations which refused to join. Why the US ..

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Moon crash site named after Sally Ride

December 19, 2012

NASA has honored Sally Ride, the first woman in space who died  earlier this year, by naming a crash site of a pair of spacecrafts Ebb and Flow. Both were deliberately crashed into a mountain near the moon’s north pole. ..

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Rajya Sabha approves controversial Quota Bill by huge majority

December 19, 2012

Rajya Sabha passed a Constitution (117th Amendment) Bill, 2012, providing for quota for SCs and STs in government job promotions with an overwhelming vote of 206 in the 245-member House. The Bill was vociferously opposed by members of Samajwadi Party ..

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