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Government sets up Suresh Prabhu Panel to review Gas Pricing Formula
Union government will appoint Suresh Prabhu Committee to review the gas pricing formula. Suresh Prabhu is a former Union Power Minister under National Democratic Alliance (NDA) government led by Atal Bihari Vajpayee. The other members on the panel will be Pratap ..
Month: Current Affairs - July, 2014
Category: Awards, Honours & Persons in News
Union Cabinet gives nod to 49% FDI in insurance sector
The Union Cabinet approved the proposal of increasing the Foreign Direct Investment (FDI) limit in the insurance sector to 49% from the existing 26%. The move is in sync with the proposal made by Finance Minister Arun Jaitley in his ..
Month: Current Affairs - July, 2014
Fuad Masum: New President of Iraq
The Council of Representatives of Iraq (Iraqi Parliament) in Baghdad elected Muhammad Fuad Masum of Patriotic Union of Kurdistan (PUK) party as the seventh President of Iraq. He got 211 votes in his favor and 17 votes against. Masum is ..
Month: Current Affairs - July, 2014
Category: Awards, Honours & Persons in News
K. N. Tripathi takes oath as Governor of West Bengal
Former Speaker of Uttar Pradesh Legislative Assembly and five-time MLA Keshari Nath Tripathi was sworn-in as the Governor of West Bengal. Tripathi, was administered the oath of office by the acting Chief Justice of Calcutta High Court Asim Kumar Banerjee in ..
Month: Current Affairs - July, 2014
Category: Awards, Honours & Persons in News
World Bank to extend $18 billion financial support to India
The World Bank will provide financial support of $15-18 billion to India over the next 3 years to help speed up economic growth and reduce poverty. As per World Bank group president Jim Yong Kim who was on a visit ..
Month: Current Affairs - July, 2014
Category: International / World Current Affairs
CII-GEC launched "EPEAT" environmental rating systems for electronics
CII-ITC Centre of Excellence for Sustainable Development along with US based the Green Electronics Council launched Indian debut of the Electronic Product Environmental Assessment Tool (EPEAT) environmental-rating system for electronics. The Green Electronics Council is a U.S-based non-profit organization that ..
Month: Current Affairs - July, 2014
Category: Science & Technology Current Affairs
Unregulated e-rickshaws not permitted: Delhi HC
Delhi High Court lambasted the Delhi government for its inability to regulate or check e-rickshaws plying unbridled on the roads. HC, while hearing a plea, has said that it would not permit unregulated e-rickshaws without license, registration or insurance and ..
Month: Current Affairs - July, 2014
Category: India Nation & States Current Affairs
India support UNHRC resolution to probe Israel’s offensive on Gaza
India voted in support of a UN Human Rights Council resolution to begin an investigation of Israel’s offensive on Gaza. In the 47-member council, 29 countries which also included other BRICS member voted in support of the Palestinian-drafted resolution on ..
Month: Current Affairs - July, 2014
Category: Places in News Current Affairs