Page-11 of 2012

Coast Guard exhibits its potential at Clean Sea-IV

December 21, 2012

The Coast Guard which is the central coordinating agency for oil spill response in India, demonstrated its preparedness and capability to tackle marine oil spills at the national-level pollution response exercise, Clean Sea-IV, held off the Kochi coast. The Coast ..

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India formulates indigenous Japanese Encephalitis vaccine

December 21, 2012

India’s Bharat Biotech has developed world’s first vaccine against Japanese Encephalitis (JE) using an Indian strain of the virus. It used JE virus collected from Kolar in Karnataka to develop the vaccine which will provide protection agains wider strains of ..

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Hambantota port not part of ‘string of pearls’: Sri Lanka

December 20, 2012

Sri Lanka has clarified that the Hambantota port is not part of a Chinese ‘string of pearls’ to surround India.                                     Source: google maps What is the issue of Hambantota port? What is Sri Lanka’s perspective? What is String of ..

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New urea investment policy gets Cabinet Committee’s clearance

December 20, 2012

The Cabinet Committee on Economic Affairs (CCEA) cleared new urea investment policy, which is likely to incentivize fertilizer companies to establish new plants and enhance existing capacity. Around 30% of India’s urea requirement if fulfilled through imports and the policy ..

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Marks & Spencer incorporates anti-bribery clause in Indian contracts

December 20, 2012

As British retail giant “Marks & Spencer (M&S)” is considering its expansion plans in India, it has added strict anti-bribery clauses in India contracts. The move comes at a time when the government has began investigation into bribery allegations against ..

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RBI proposes to tighten provisioning norms NBFCs just as with banks

December 20, 2012

As per latest draft guidelines proposed by the RBI, Non-banking financial companies (NBFC) would need its approval before making changes in their ownership control. As per the proposed guidelines which are based on the Usha Thorat Committee report:

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RBI disallows banks to issue offline debit cards, tighten norms

December 20, 2012

The Reserve Bank of India (RBI) in its recent directives told the banks not to allow offline debit cards. As per the recent directives banks have been told to:

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North Korea rocket launch violation of Security Council resolution: Ban Ki Moon

December 20, 2012

North Korea’s move which successfully placed a satellite into orbit after launching a long-range rocket again incited regional tensions and was condemned by neighbors as a provocative missile-test. It is for the second time in 2012 when the country attempted ..

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