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New government, capital inflow make Rupee best performing Asia-Pacific currency

May 28, 2014

Strengthened by capital inflows and excitement about the new incoming government, the Rupee reached 11-month high which has made it the best performing currency in Asia-Pacific region against the US dollar so far in 2014. It has gained 5.3% since ..

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Vineet Taneja to be Micromax CEO

May 27, 2014

Gurgaon based mobile-maker Micromax has appointed Samsung India’s former mobile and IT business chief Vineet Taneja as its new Chief Executive Officer (CEO). Micromax, the country’s second largest smartphone player, hopes the step will help it further strengthen its position ..

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TGCN: Newly created graphene-type material

May 27, 2014

Scientists have created a new material- ‘Triazine-based Graphitic Carbon Nitride‘ (TGCN) similar to Graphene, which has the potential to improve transistors used in electronic devices. Though TGCN was predicted theoretically in 1996, but this is the first time that it ..

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Singapore replaces Mauritius as the top source of FDI in India

May 27, 2014

As per the data of the Department of Industrial Policy and Promotion (DIPP), during the financial year 2013-14, India received $5.98 billion in FDI from Singapore, whereas it was $4.85 billion from Mauritius. With this, Singapore has replaced Mauritius as ..

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Sachin Tendulkar chosen as Goodwill Ambassador of the 35th National Games

May 27, 2014

Kerala Government has announced cricket legend Sachin Tendulkar as the Goodwill Ambassador for the 35th edition of National Games, slated to be held across seven cities in Kerala early in 2015. Sachin was chosen as the ambassador during his meeting ..

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Ahmed Maitiq is Libya’s new PM

May 27, 2014

Ahmed Maitiq took oath as Libya’s new Prime Minister along with his cabinet ministers amidst objections against his election process. Libyan Parliament has been in an impasse since former leader Muammar Gaddafi was ousted in 2011 after protests. Politicians have ..

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Badminton: Japan beat Malaysia to win its first Thomas Cup

May 26, 2014

Japan clinched its first Thomas Cup defeating Malaysia in the final match held at Siri Fort Sports Complex in New Delhi. Japan defied all the odds and pre-tournament predictions to carve their name in history winning their first Thomas Cup. ..

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Japan defeats Australia to lift AFC Women’s Asian Football Cup 2014

May 25, 2014

Japan won its maiden women’s Asian Football Cup (AFC) defeating defending champion Australia in the final match held in Vietnam. With this win, Japan became the first country to simultaneously hold both the FIFA Women’s World Cup (2011) and AFC ..

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Performance ratings of Banks’ customer services to be made public from 2015

May 25, 2014

From 2015, performance ratings of Banks on customer services will be put in public domain by Banking Codes Standards Board of India (BCSBI). BCSBI is rating banks on customer services on 5 parameters: Information dissemination Transparency Customer-centricity Grievance redressal system ..

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WHO concerned about MERS virus

May 25, 2014

The WHO’s Emergency Committee for MERS-CoV has raised concerns about the sharp surge in the number of ‘Middle East Respiratory Syndrome CoronaVirus’(MERS-CoV) cases since March 2014. The sharp increase has been seen particularly in Saudi Arabia and in the United ..

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