Page-32 of India-International Relations
India draws China’s attention towards trade imbalance issue
India raised the issue of heavy trade imbalance with China and sought immediate steps to facilitate Indian exports of pharmaceutical and agricultural products, buffalo meat and Information Technology (IT) services. Both the nations agreed that the working group on trade ..
Month: Current Affairs - August, 2013
RBI lowers remittance limit, discourage green card dreams
Taking further measures to reduce the burden on the already weakened rupee, RBI reduced the limit for remittances made by individuals to $75,000 from $200,000 per financial year and banned the purchase of property outside India. The rich Indians with ..
Month: Current Affairs - August, 2013
Government to tweak FDI policy for pharma to protect domestic units
A high-level meeting chaired by Prime Minister Manmohan Singh has asked the Commerce and Industry Ministry to start inter-Ministerial consultations on the issue of changing the norms of FDI policy for pharma which, in its current form, is not serving ..
Month: Current Affairs - August, 2013
AERB nod to run KKNPP first reactor at 50 % capacity
The Atomic Energy Regulatory Board (AERB) has granted permission to the Kudankulam Nuclear Power Project (KKNPP) to run its first reactor at 50 % (500 MW) capacity and synchronization of its generator. What is the significance of approval to Kudankulam Nuclear Power Project (KKNPP) by Atomic Energy Regulatory Board (AERB)? The ..
Month: Current Affairs - August, 2013
Category: Science & Technology Current Affairs
Indian Parliament rejects Pakistan resolution against Indian Army
The Indo-Pak political relations hit a new low due to recent border incidents. In a bitter exchange between the Parliaments of the two countries, both Houses of Indian Parliament together passed a stern-worded resolution rejecting and condemning the baseless and ..
Month: Current Affairs - August, 2013
Category: International / World Current Affairs
India wins 83 medals at World Police & Fire Games-Belfast 2013
The 39 member Indian Police team won a record breaking 83 medals when they participated in the World Police & Fire Games held at Belfast, Northern Ireland. As a result of this the record of 2005 World Police & Fire ..
Month: Current Affairs - August, 2013
Category: Sports Current Affairs
No plan to increase research stations in Arctic and Antarctica
Union Ministry of Science & Technology and Earth Sciences has clarified that India does not intend to increase research stations in Arctic and Antarctica. What is the status of India’s scientific presence in Arctic and Antarctica? Status of India’s Scientific ..
Month: Current Affairs - August, 2013
Category: Science & Technology Current Affairs
INS Sindhurakshak (submarine of Indian Navy) sinks
In a major blow to the Indian Navy, a recently refurbished submarine sank following an explosion and fire leaving 18 crew of its on board dead. INS Sindhurakshak sank into the shallow waters of its berth at the naval dockyard in ..
Month: Current Affairs - August, 2013
Category: International / World Current Affairs
India's forex reserves dips by $2.99 billion
As per the Reserve Bank of India, the country’s foreign exchange reserves lowered by an immense USD 2.995 billion to USD 277.167 billion. Foreign currency assets which are a major component of the forex reserves, dropped USD 2.155 billion to USD 249.895 billion ..
Month: Current Affairs - August, 2013
World Bank & ADB to provide $ 400m to disaster-hit Uttarakhand
The World Bank and the Asian Development Bank (ADB) will provide $ 400 million for reconstruction and rehabilitation in the disaster-hit areas in Uttarakhand. The fund would be spent in works in sectors including the housing, tourism, irrigation, agriculture, education, and ..