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US Federal Reserve raised lending rates to 2.5 per cent

December 21, 2018

The US Federal Reserve has raised the key interest rates to a range of 2.25 per cent to 2.5 per cent. This is the 4th raise in the Federal Reserve’s rates this year and has reached the highest point since 2008. ..

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USA pulls out of the Intermediate-Range Nuclear Forces (INF) Treaty

December 20, 2018

Russia has confirmed that the United States of America has decided to cancel the Intermediate-Range Nuclear Forces (INF) Treaty signed between Russian and the USA in 1987. The USA had already announced the withdrawal decision from the INF treaty in ..

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Mauritius was largest source of FDI in India in 2016-2017: RBI

January 20, 2018

According to Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17 released by Reserve Bank of India (RBI), Mauritius was largest source of foreign investment (FDI) in India. The census yields carry comprehensive information on market value ..

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Barack Obama authorised air strikes against ISIS militants in Syria

September 14, 2014

The US President, Barack Obama for the first time, authorized US air strikes against Islamic State of Iraq and Syria (ISIS) militants in Syria. He also asked to increase the airstrikes in Iraq. This will be the first unrestricted bombing crusade ..

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Sania-Soares win US Open mixed doubles title 2014

September 6, 2014

Sania Mirza won US Open mixed doubles title with her new partner Bruno Soares (Brazil). The pair defeated the combination of Abigail Spears (US) and Santiago Gonzalez (Mexico) 6-1, 2-6, 11-9 in an exciting mixed doubles final. This was was ..

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“Road Traffic Act” to replace Motor Vehicles Act, 1988

September 3, 2014

A new Road Traffic Act will be brought in the winter session of Parliament this year, which will be at par with international Acts in the Road Sector, this was held by the Union Minister for Road Transport and Highways ..

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Global Competitiveness List 2014-15: India slides down to 71st rank

September 3, 2014

Challenging economic environment for most of the last year has pushed India down to 71st position in an yearly Global Competitiveness List 2014-15, released by the Geneva-based World Economic Forum (WEF). India has the lowest position amongst the 5 BRICS ..

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‘Email’ invented by Indian-American V A Shiva Ayyadurai turns 32

August 30, 2014

On August 30, 2014, email turned 32 years. The method of message transfer was invented by Indian American V.A.Shiva Ayyadurai when he was just 14 years. V A Shiva Ayyadurai was born to a Tamil Family in Bombay in 1963. ..

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What is going on at Ferguson, USA?

August 19, 2014

The little town of Ferguson, St. Louis USA has been boiling with violence and protests after the brutal shooting of a black teenager Micheal Brown by a white cop Darren Wilson on August 09, 2014. Protests The city which is ..

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India’s IISc gets a place among World’s top 500 Universities

August 17, 2014

As per an annual ranking of global educational institutions released by the Academic Ranking of World Universities (ARWU), Indian Institute of Science (IISc) is the only Indian institution to secure a spot in the top 500. The top positions are ..

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