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2013
the Reserve Bank has allowed urban co-operative banks (UCBs) to grant unsecured loans up to 25 % of their assets if certain conditions are met.
BANKING NEWS Current RBI Rates a. CRR 4 % b. SLR 23% d. Reverse Repo 6.5% f. Bank Rate 8.5%
UNION BUDGET 2013-14 Amount Allotted for Major Sectors in Union Budget 2013 14 presented by Finance Minister P Chidambaram Sr no. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. Amount (in Crores) 1665297 555322 1109975 7 Lac 203672 80194 65869 33000 27258 21700 20000 17700 15260 15184 14873 14000 13215 10000 9954 2430 6000 3415 5000
Bank should have 49% cap on foreign holding in new banks and minimum paid-up equity capital is Rs 500 Crores. New banks will have to set up 25% of its branches in unbanked rural areas. Existing NBFCs, if considered eligible, may be permitted to promote new banks or convert themselves into banks. The paid-up equity capital should be Rs 500crore and they will have to get listed within three years of operations. The Reserve Bank of India has issued a new series of 50 paisa coins with the rupee symbol and new security features to facilitate easy recognition. Important Fact and news of RBI: RBI has launched a website explaining ways to detect counterfeit notes. With a tagline 'Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai'.
Sector Total budget Planned expenditure Unplanned expenditure Kisan credit card Defence Rural development Scheme Human resource department(HRD) MGNREGA Sarva shiksha abhyan Pradhan mantri gram sadak yojana RIDF(Rural Infrastructure Development Fund) Integrated child development scheme Drinking water and sanitation Indira Awaj Yojana JNNURM Public sector banks Mid day meal SIDBI Agriculture development project Environment and foresty Rural housing fund Agricultural research NABARD to finance construction of godowns and warehouses. NFSM Medical, education and research Urban housing fund Women Bank Nirbhaya Fund Green revolution for eastern zone(Assam, Odissa, Jharkhand, Chattisgarh, WB) mainly for rice Science and Technology production Microfinance equity fund Aligarh muslim University Banaras Hindu University(BHU) Crop diversification Agri business Sahitya Acadamy Lalit Kala Acadamy
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Complementary passes for Rajiv Gandhi Khel Ratna and Olympic awardees. Dronacharya awardees to get Shatabdi and Rajdhani passes. New factories/workshops to be set up: New Forged Wheel Factory at Rae Bareli in collaboration with Rashtriya Ispat Nigam Limited. A Coach Manufacturing Unit in Sonepat District (Haryana) in collaboration with State Government. A Midlife Rehabilitation Workshop at Kurnool (AndhraPradesh) in collaboration with the State Government. Bikaner and Pratapgarh workshops to undertake POH of BG wagons. A workshop for repair and rehabilitation of motorized bogies at Misrod (Madhya Pradesh). A new wagon maintenance workshop in Kalahandi (Odisha).
Fiscal
A modern signaling equipment facility at Chandigarh through PPP route. OTHER ECONOMIC FACTS: FDI Limits: Sr no. List of Limits in Various Sectors (In %) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Defence Pension Insurance Print Media Civil Aviation Public Sec. Banks Private Sec. Banks Multi Brand Tourism Pharmaceuticals FM Radio Telecommunication 26 49 49 26 49 49 74 51 100 100 26 74
Revenue Deficit: Revenue Deficit seen at 3.9 % 2012-13. Revenue Deficit seen at 3.3 % 2013-14. Revenue deficit to 1.9% by 2016-17. Taxes: Service tax (12%), Custom duty (10%) & Excise duty (12%) remains unchanged. Tax benefits in RGESS extended to 3 yea rs: The Rajiv Gandhi Equity Savings Scheme (RGESS) will be liberalised to enable first time retail investors to invest in mutual funds and listed shares and not in one year alone, but for three successive years. Under the scheme, an individual with an inco me of less than Rs 12 lakh would get tax incentives for investing up to Rs 50,000 in the stock market. Also, the limit for investors wanting to invest in RGESS has been raised to Rs 12 lakh from Rs 10 lakh earlier. Union Railway Minister Pawan kumar Bansal was the first Congress minister to present a Railway Budget in the last 17 years. 67 new express and 26 passenger trains to be launched. Indian Railways to join 1 billion ton select club with China, Russia and US. Educational tourist train "Azadi Express" proposed. Train Collision Avoidance System to be put to rigorous trials. Indian Railway Financial Management Institute to be set up at Secunderabad. Target of investment of 1 lakh crore through PPP mode in 12th FYP. For the first time, Arunachal Pradesh brought under Rail Network.
Lok Sabha passed the Banking Laws Amendment Bill, 2012 by voice vote. Govt wins FDI vote by 253 votes against 218 in Lok Sa bha. Maharatna status for BHEL and GAIL. P. Chidambaram launched Rajiv Gandhi Equity Savings Scheme (RGESS) in Mumbai Govt approved Rs 12,517 crore (December 2012) capital infusion in PSU banks to meet BASEL III norms. Govt. declared use of MGNREGA linked Post Office Accounts for Direct Cash Transfer. Govt. postponed the implementation of GAAR by two years to April 1, 2016. Govt has made over 3.5 crore existing post office accounts ready for its new adhaar linked cash transfer scheme.
The Government announced its decision to link t he Gold Exchange Traded Funds with Gold Deposit schemes as a measure to increase the supply of physical gold in the market without resorting to imports. Govt. granted an aid of 41 Crore Rs. to protect Pashmina Goats. Government to transfer subsidies directly into
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automobile and pharma. India has allowed FDI from Pakistan. India is expected to have 89 gigawatts (GW) of installed wind power capacity by 2020. Coal India Ltd will invest Rs 7,500crore to develop railway infrastructure in Chhattisgarh, Jharkhand and Odisha. NSE ranked 12th in the world Stock Exchange List .
MCX-SX became the third full-fledged equity bourse after BSE and NSE in the country. SEBI has introduced electronic IPOs from January 1, 2013. The Indian tea industry has finally breached the 1 billion kg-mark in production. The Delhi Metro Rail Corporation (DMRC) will implement the Rs.5,182-crore Kochi Metro Rail project with E.Sreedharan as its Principal Adviser.SBI opened its 2nd branch in China (Tianjin), While 1st in Shanghai. India has been ranked as the 119th freest country in the world out of 177 in the 2013 index of economic freedom. Gujarat has topped in terms of governance and inclusive growth in Economic Freedom of the States of India 2012' Now 30% reservation for rural candidates in Assam Govt. Jobs. Govt. postponed GAAR implementation by 2 years to 2016. Madhya Pradesh is the first State to fully utilize tourism plans funds. SEBI allowed mutual funds to park 20% in gold deposit schemes. Bharat Heavy Plate & Vessels Ltd. (BHPV) Merged With BHEL. P Chidambaram has launched the Centralized Processing Cell for Tax Deducted at Source (CPC-TDS). Infosys Shares started Trading on New York Stock Exchange
Central government has started a mega scheme named Ganga Action Plan to clean the river Ganga. $ 1 billion have been approved from the World Bank to fund an 8 year project. NABARD to provide Rs 400 crores credit for Punjab dairy sector. US Export -Import Bank to extend $2.1 billion credit to Reliance Industries for expanding Reliance's projects at Jamnagar. India will grow by 6% in 2013: World Bank. IMF: World Economic Growth Rate would be 3.5% and Indian Economic Growth Rate to be 5.9% in 2013. ICICI Bank Opened 101 Gramin Branches across Villages in 6 States. IRCTC introduced Interbank Mobile Payment System. According to IBA (Indian Banking Association) guidelines duration of education loans would be increased 7 10 yrs. In special case it would extend to 15 yrs. Former RBI Governor Y V Reddy will be the Chairman of 14th Finance Commission; the 13th Finance Commission was headed by former Finance Secretary Vijay Kelkar. India and Pakistan have agreed to allow two banks each from both, the countries to set up branches across the border. The two Indian banks are SBI and Bank of India and two Pakistani banks are National Bank of Pakistan and United Bank Ltd. World Bank will provide India $3-5 billion assistance
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Trade between South Asian countries crosses $2 billion following the implementation of South Asian Free Trade Area (SAFTA) India and Ukraine signed five agreements to enhance cooperation including in areas of defense, Nuclear energy, Science and Technology and also to remove barriers for trade. The two countries also agreed to raise the bilateral cooperation to a Comprehensive partnership level. India and Sweden sign pact to enhance cooperation on social security. India and Japan signed an Earths Pact that will e nable the latter to import the rare Earth minerals from India. India and ASEAN signed the free trade agreement (FTA) in services and investments to boost trade to $100 billion by 2015. India, Mauritius meets to review bilateral Double Taxation Avoidance Convention. India and Bangladesh Decided to increase Rail Link Projects. India, Bangladesh to set up Joint Inspection team for successful implementation of Border Trade. India and Bangladesh signed Agreements on Extradition and Visa Regime. India & Mauritius sign MoU in textile sector. India & Austria ink social security pact. India and Bangladesh signed MoU on Health. India and France concluded negotiations on the Short Range Surface to Air Missile nearly worth USD 6 billion. India becomes number one exporting nation to Kenya. India and UK Signed MoU on in Earth Sciences. India and Germany inked 6 key MoUs including that for putting together 7 million for next 4 years towards joint research in the field of higher education , a soft loan of 1 billion for s trengthening the green energy corridor, to promote German as a foreign language , both Germany and India have committed to 3~5 million each towards working on joint research and innovation programmes, established of green energy corridor was also signed besides one in agriculture and establishment of a working group in infrastructure, cooperation in standardization, conformity assessment and product safety. India and Sri Lanka signed two agreements. Combating International Terrorism, illegal Drug and Human Trafficking. An agreement on Avoidance of double taxation and prevention of fiscal evasion Japan to close embassy in Mali over worsening security situation. 7 key pacts in the areas of cyber security, Information technology, services, electronics, small and medium enterprises, manufacturing, fertilisers, and renewable energy was signed between Indian PM Manmohan Singh and the visiting Egyptian President Mohamed Morsi in New Delhi. India and Liechtenstein signed the Tax Information Exchange Agreement (TIEA) on 28 March 2013 at Bern, Switzerland. India, Myanmar & Thailand decided to implement Trilateral Connectivity Project by 2016. India offered Telecom Support to Turkmenistan. India & Azerbaijan inked 3 key pacts for creating the necessary legal framework in areas of extradition, India and Azerbaijan on Thursday inked three key pacts which also included treaties for mutual legal assistance in criminal and civil matters.
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worth up to 25 lakh rupees and 5% loan subsidy for 5 years. Madya Pradesh starts new scheme Sampark Setu. MP Govt. launches Mukhyamantri Yuva Swarozgar Yojana. The scheme aims to provide loans throughbanks to youths to set up their own industries or business. Former president Dr. A P J Abdul Kalam launched Madhya Pradesh governments tal Jyoti scheme in Bhopal district. Under the scheme 24 hour power is supplied in the rural areas. The Madhya Pradesh government decided to declare Malkhamb as the State Sport Nirmal Bharat Campaign had started in Sevagram, Maharashtra. India's first automatic toll collection system launched in Maharashtra. Maharashtra Govt. creates special bank account for drought relief. U.P started Ashirwad Bal Swasthya Guarantee Yojna NRHM. UP govt. launched unemployment allowance scheme. UP Government launched the Samajwadi Swasthya Seva in the state. Uttar Pradesh CM Akhilesh Yadav launched free laptop scheme for intermediate pass. Uttarakhand govt to strictly implement 'no work no pay' rule. Kerala Govt. Raised Age Limit (18 to 21 ) for Buying and Selling Liquor. Rajasthan Govt will establish Kisan Service Centers a nd Village Knowledge centers at all Panchayat headquarters. West Bengal to give fixed Salary to ASHA workers. MP leads in growth rate with Gross State Domestic Product for 2012-13 is likely to be 14.28 % and agriculture growth rate about 10.02%. Cairn India has said it has made the 26th oil discovery in its prolific Rajasthan block, the discovery follows allowing the company to explore for oil on block well after expiry of the exploration phase. Others: India Proposed Hydrocarbon Pipeline from Kazakhstan like TAPI. Now Toll free complaint number will be printed on train tickets. Tripura, Manipur and Meghalaya got their own High Courts,Mr. Justice Abhay Manohar Sapre is the first Chief Justice of the new Manipur High Court, Justice T Meena Kumari has become the first Chief Justice of Meghalaya High Court, justice Deepak Gupta took over as the new Tripura High Court's Chief Justice. AirAsia ties up with TATA to start Airline in India. Mohamammed Afzal Guru, the convict of 13 dec, 2001 Parliament attack was hanged in Tihar Jail, New Delhi. Tripura records highest ever polling of 93% in India. Ajmal Kasab hanged and buried in Pune's Yerwada Jail. Mangalam village became the first village in India where all households were provided banking facilities, it is situated in Pondicherry. Indias First River -lake link project launched In Bundelkhand. Former CM of Karnataka B S Yeddyurappa formally launched Karnataka Janata Party. Sonia Gandhi launched a major food security programme of Delhi Government "Delhi Annshri
Union government launched Direct cash transfer scheme in 20 districts, It will cover 26 schemes such as educational scholarship for SC/ST and OBC, and widow pension. Union Minister for Social Justice & Empowerment, Kumari Selja on 5 April 2013 launched a Website (http://www.jagjivan ram.nic.in/) on Babu Jagjivan Ram on the occasion of his 106th Birth Annivers ary. Bosnia and Herzegovina signed an MoU with India in the form of larger investments in the manufacturing, energy and IT sectors. The 5 th BRICS summit held in Durban from 26 to 27 March 2013 at the Durban International Convention Centre (ICC). Govt. launched Child health Screening service in Maharashtra.
HRD Ministry Launched Sanskrit Caravan. The official online portal http://intraips.gov.in of INTRAIPS was launched by S. Jayaraman (Special Secretary-Internal Security), Minister of Home Affairs at New Delhi. Vocational education, services and e -governance network, AISECT launched a job portal called RojgarMantra.com which will cater mainly to people in rural and semi urban India. President of India released a Commemorative Postage Stamp on late Ramgopal Maheshwari. Rajiv Gandhi Jeevandayee Arogya Yojana (health insurance scheme) was launched in Maharashtra. Andhra Pradesh on occasion of Ugadi Festival launched a new scheme named Amma Hastham (mother's hand) to supply nine essential food items to poor at subsidized rates. Haryana Govt. decides to implement e-pension scheme system. Haryana bags Krishi Karman ward for highest wheat production. In Haryana, to ensure that all the health facilities and services provided by Health Department are accessible to the people, a programme called Rapid appraisal of Programme Implementation in District~ Odisha decided to set up the first public health university in India, This university will be set up under Public-Private Partnership mode at Gramadiha village in Jatni tehsil on the outskirts of Bhubaneswar. An MoU has been signed in this regard by State Health Department and Asian Institute of Public Health in Bhubaneshwar. Madya Pradesh CM announced Mukhyamantri Yuva Swarozgar Yojna. Under the scheme, the State Government will give bank guarantee for industries
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Union minister Kapil Sibal launched (a web based) Electronics Project Proposal System (e-PPS) in march 2013, which will Support Online submission of project proposals, Evaluation of proposals by experts, Project recommendations, Project Monitoring. Bharti Airtel launches free roaming scheme in 5 states. The Communications and Information Technology Minister, Kapil Sibal has inaugurated India's First All Women Employees Post Office at Shastri Bhawan in New Delhi on the occasion of the International Women's Day, All the counters of this Post Office will be manned by women employees only. Postage Stamp Released on the Commemorative Sahir Ludhianvi (a renowned Urdu poet)by the President of India, Pranab Mukherjee on 8 March 2013 on occasion of his birth anniversary. UPA Chairperson Sonia Gandhi laid the foundation stone of a residential, educational-cum- vocational training centre ANANDA for persons with autism spectrum disorders at village Gairatpur Bass in Gurgaon. the centre will be developed by an NGO named Action for Autism on about 10 acres of land. Vidya Balan re-elected as Brand Ambassador of Indian Film Festival of Melbourne President of India, Pranab Mukherjee appointed Ali
Mohd. Magrey and Dhiraj Singh Thakur as the Judges of the Jammu and Kashmir High Court. According to the report released by United National Development Programme (UNDP) 2013 South Asia(the South Asian Countries) leads the world in improvements in human development. DMK quits UPA govt over Sri Lankan Tamils issue. The Vice President of India, Hamid Ansari released a book titled The First Woman President of India, Reinventing leadership, Smt. Pratibha Devisingh Patil by Professor Sunaina Singh. S. Venkata Mohan a scientist of the Indian Institute of Chemical Technology for his contributions towards developing technologies for production of clean biofuels from waste, won the National Bioscience Award for 2012 in Hyderabad. Bollywood star Sanjay Dutt Sentenced to 5-Years Jail Term by the Supreme Court for his association with the 1993 bombings in Mumbai. The 5th Nashik International Film Festival (NIFF) organised in memory of the father of the Indian cinema Dadasaheb Phalke and also to mark the centenary year of Indian cinema.88 documentaries and short films, 10 feature films, 22 films made in Malegaon in the district, which is popularly known as "Mollywood", will be screened in the festival.Besides these, five Australian, 20 French films and seven animation films will be screened during the four-day festival. Reliance Industries has been awarded by the prestigious 'International Refiner of the Year' 2013 at HART Energy's 27th World Refining & Fuel Conference at San Antonio, Texas, USA. YES BANK signed up as IPL's financial services partner. SEBI summoned Sahara group chief Subrato Roy in investor refund case (refund of Rs 24,000 crore) Top Indian space scientist U. R. Rao has been inducted into the Satellite Hall of Fame in Washington DC by the Society of Satellite Professionals International, in the US. Google launched Google Play Movies in India. Boxer Ram Singh dismissed by Punjab Police in drug haul
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Courage Award. UK grants 5.11 billion nepali rupees aid to Nepal. Russian conglomerate Sistema's Indian unit on Monday won telecom spectrum in 8 circles or zones for Rs 3,639 crore in an auction shunned by all other companies. The UK Government on 12 March 2013 opened its first ever Mobile Biometric Clinic (MBC) in Goa. MBC is a new and optional service, which for an additional fee allows applicants who are residing in Goa to submit their UK visa application and biometric data using a mobile facility in the state. Iran and Pakistan launched Gas Pipeline Project of 7.5 billion dollar gas pipeline project which will link Iran's gas pipeline to that of Pakistan. David Beckham with a total income of 175 million pound Named Richest Footballer of the World according to the Goal Rich List 2013. Japan Became First Country in the World to Extract Natural Gas from Methane Hydrate by March 2013 The Union Government and RBI on 12 March 2013 decided to introduce one billion pieces of 10 Rupees bank notes made of plastic on a field trial basis in five cities of Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla. Legendary Painter Ganesh Pyne Passed Away in KolkataT The Eurozone finance ministers and the International Monetary Fund signed a deal on 16 March 2013 in Brussels to aid Cyprus with a bailout worth 10 billion Euros. World Celebrates Earth hour on 23 March With the ongoing theme will if you will " to save the planet earth & Save energy, the fuels, the bills over the fuels and reduce Carbon emissions for a cleaner and better tomorrow is the message from Earth Hour. Cyprus Finance Minister Michalis Sarris resigns. Kuwait is the fattest country in the world, with the highest average body mass index or the BMI. The Men in Kuwait have BMI of 27.5 while the women have a BMI of 31.4. MoU Signed Between Mysore Zoo and Leipzig Zoo in Germany for Transporting Four Sloth Bears North Korea declares 'state of war' with South Korea and warned that any provocation would swiftly escalate into a nuclear conflict. The most powerful ever seen cyberattack in history "bazooka" slowed down traffic on internet. United Arab Emirates (UAE) Inaugurated Worlds Largest Solar Power Plant of cost 600-million dollar project named Shams 1 at Madinat Zayed by the President of UAE and the Ruler of Abu Dhabi, Sheikh Khalifa bin Zayed Al Nahyan on 17 March 2013 which is aimed at providing electricity to 20000 homes.
NEW APPOINTMENTS IN INDIA Parthasarathi Shome - Adviser to Finance Minister of India . S Gopalakrishnan (co-founder & Executive CoChairman of Infosys) - President of the Confederation of Indian Industry (CII) for the year 2013-14 (succeeding Adi Godrej). Krishna Kumar Natrajan (CEO and Director of Mindtree) - New Chief of NASSCOM (replaced N Chandrasekaran). Amitava Bhattacharyya - chairman of Staff Selection Commission (replaced N.K. Raghupati) Amarjit Singh- secretary in Union Public Service Commission (UPSC). Raninder Singh - President of National Rifle Association of India PJ Kurien - Chairman of Asian forum of Parliamentarians (replaced Yasuo Fukuda, former P M of Japan)
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B Ashok Reddy - Chairman of Confederation of Indian Industry (CII), Andhra Pradesh, for 2013-14. Justice Ajay Manikrao Khanwilkar- new Chief Justice of the Himachal Pradesh High Court Rajan Bharti Mittal - president of International Chamber of Commerce (ICC) India. Justice Ujjal Bhuyan - new Judge of the Gauhati High Court Sukhvinder Singh Sukhu - Congress Party President of Himachal. IAS officer of Tamil Nadu cadre M.F. Farooqui - Telecom Secretary by replacing R. Chandrashekhar. Bhaichung Bhutia - Chairman of the All India Football Federations technical committee~ Gregg Clark - Coach of the Junior Hockey Mens National Team NEW APPOINTMENT IN WORLD Uhuru Kenyatta- President of Kenya Tony Hall - New Director General of BBC. Xi Jinping takes - new China's President (succeeded Hu Jintao). Li Keqiang - China's new Premier (succeeded Wen Jiabao). Khil Raj Regmi (Chief Justice of Nepal) - Nepal's new Prime Minister to head an interim government The new Argentine pope Jorge Mario Bergoglio (76) - new Pope becomes the 266th pontiff. Park Geun-hye - President of S. Korea (1st women president). Raul Castro - President in Cuba. Mittal Jack Lew (democratic Party) - US Treasury Secretary Administration, replacing Geithner. Milos Zeman - Czech Republics President (First Directly Elected President). Sally Jewell - U.S. Interior Secretary. Rafael Correa - Ecuadors President re -elected for a Third Term. Hagel - New US Defence Secretary. Shinzo Abe - New PM of Japan. Nicos Anastasiades - President of Cyprus . Patrick Suckling - Australia's next High Commissioner to India (replacing Peter Varghese). Rangaswamy Srinivasan is the only Indian American re-nominated by Obama for the District of Columbia Circuit. x Wei Wei Chinas new ambassador for India in place of Zhang Yang. Milos Zeman - Czech Republics First Directly Elected President. Ahmed Saleem - New Secretary General of SAARC. John Kerry- The secretary of state (US). Mir Hazar Khan Khoso - 6 th caretaker Prime Minister of Pakistan. Khaled Meshaal (re-elceted) - political leader of the Palestinian Islamist group Hamas~ Nicolas Maduro - Venezuelas new President PERSONS IN NEWS Arunima Sinha a National-level volleyball player with an artificial limb geared up to climb the world's highest peak - the Mt Everest, accompanied by Sushen Mahto. Bobby Ghosh - Eeminent Indian Journalist became First non-American Editor of Time International. Emomali Rahmon - President of Tajikistan. Pop Benedict XVI resigned due to poor health. T. S. Vijayan- took over as the Chairman of IRDA. Sreeramamurthy Janaki- Refused to take Padma bhushan. David Coleman Headley US federal court sentenced
Senayangba Chubatoshi Jamir - new Odisha Governor Prahlad Joshi - Karnataka BJP President Jagat Singh Negi - Deputy Speaker of Legislative
Assembly of Himachal.
Justice D.K. Jain - new Chairman of Law Commission. Shyamala Gopinath - New Clearing Corporation of India
Ltd (CCIL)Chairperson.
Jawahar Sircar - New CEO of Prasar Bharti. Naina Lal Kidwai - New President of FICCI- (replaced R.V.
Kanoria).
Rajnath Singh- new BJP president. P.R. Vasudeva Rao - Director of the IGCAR (Indira Gandhi
Centre for Atomic Research) replacing S.C Chetal.
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Haradhan Bandopadhyay - Bengali Actor. Koto Okubo - Worlds Oldest Female died at 115. Jasuben Shilpi(The Bronze woman of India) -sculptor . Shanu Lahiri - Bengali Painter. Ayesha Haroon - Pakistani Journalist. Dara Singh-Film Actor. R.H. Patil- First MG of NSE. Mrinal Gore-Social Activist. P.M.Rungta-Director of BCCI. Neil Armstrong-first man to set foot on the moon (From US). Verghese Kurien- Founder of white revolution (Amul Milk). K.S. Sudarshan Former RSS Chief. Brajesh Mishra First National Security Advisor of India. V.P. Singhal former president of VHP. Norman woodland- Inventor of Barcode. Haseeb Ahshan Pakistani cricketer. Ruth Prawer Jhabvala - Oscar and Booker Prize winner writer.
K Venukuttan Nair - a well known theatre personality as well as the Malayalam film actor. Dave Brubeck- the Renowned Jazz Pianist and Composer. I K Gujral - Ex PM of India. Vedantam - Eminent Kuchipudi dancer. Anthony Lewis - Pulitzer Prize-winner. Lilian Davies - Swedish Princess. Kallam Anji Reddy - Dr Reddy's Laboratories Founder. th Zillur Rahman - Bangladeshs 19 President . James Herbert -British horror author. Phil Ramone - Iconic music producer. Actor Richard Griffiths - the Renowned Vernon of Harry Potter. Soraya Jimenez - Mexican weightlifter . Pietro Mennea - Italian Athlete. Viren J Shah - Former West Bengal Governor. Prof Veer Bhadra Mishra - Noted Environmentalist. B Satyanarayana Reddy-Freedom fighter and former Governor of Uttar Pradesh Yash chopra-Film Maker Jaspal Bhatti-Comedian and satirist Joy Mukherjee- Film Actor Vilas Rao Deshmukh-Union Science and Technology Minister Mehdi hassan-Ghazal legend Rajesh Khanna- Film Actor Bingu wa Mutharika- Malawis President Ahmed Ben Bella- first President of Algeria A.K. Hangal-Film Actor Neil Armstrong-first man to set foot on the moon (From US) Meles Zenawi-Ethopia Prime Minister Verghese Kurien- Founder of white revolution(Amul Milk) Ranganath Misra -Former Chief Justice of India A.M. Govindarasu Veteran communist leader & Freedom Fighter Dinesh Thakur Indian theatre director and actor SPORTS
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Mexican Open - Rafael Nadal clinch Mexican Open title by defeating David Ferrer in final. ATP Dubai Open Tennis title - Novak Djokovic won by defeating Czech Republics Tomas Berdych. Grenke Chess Classic Trophy 2013 - Viswanathan Anand (India) after defeating Arkadij Naiditsch (Germany.) ICC Womens World Cup 2013 - Australia defeated West Indies at Brabourne Stadium in Mumbai. Ranji Trophy 2013 - Mumbai won its 40th Ranji Trophy after defeating Saurashtra in Final. Irani Trophy 2013 Rest of India defeated Mumbai to clinch the title. National Weightlifting Championship 2013 - Manpreet Kaur. WTA Copa Claro Colsanitas Cup 2013 - Jelena Jankovic (in Bogota, Colombia). US National Indoor Tennis Championship 2013 - Marina Erakovic defeated Germany's Sabine Lisicki in Memphis. Brazil Open 2013 - Rafael Nadal defeated David Nalbandian (2nd time). Brisbane International Tennis Title 2013 - Andy Murray defeated Grigor Dimitrov. Ladies Doubles Brisbane International Tennis Title - Sania Mirza & Bethanie Mattek-Sands won by defeating Kveta Peschke & Anna-Lena Groenefeld. ATP Chennai Open 2013- Janko Tipsarevic defeated young Spaniard Roberto Bautista Agut. Qatar Open 2013 (Doha)- Richard Gasquet defeated Nicolay Davydenko. Brisbane International Tennis Tournament 2013-Serena Williams. England Cricket Captain Alastair Cook became the youngest Batsman to score 7000 Runs Lionel Messi set the Record for most Goals in a Calendar Year Air India won Lal Bahadur Shastri hockey tournament against Bharat Petroleum Australia Won Hockey Champions Trophy for the 5th Consecutive Year. Chandrika Tarafdar becomes the first Indian to win a medal in Youth World Weightlifting Championship in Slovakia. Indian Iconic football Club Mohun Bagan banned for 2 Years. India's under-19 World Cup winning captain Unmukt Chand cracked a brilliant 116 to help Delhi clinch the Vijay Hazare Trophy after convincingly defeating Assam by 75 runs in the summit clash on Sunday. Myanmar defeated India in the final Football qualifier clash in Yangon Harmanpreet Kaur named captain of Indian Womens Cricket Team. Australia Won Sultan Azlan Shah Hockey Tournament 2013 7th time by defeating Malaysia by 3-2. Prayag United have dethroned East Bengal to win the 117th IFA Shield. Kolkatas Neha Tripathi won 6th leg of Hero Women's Pro Golf Tour 2013 in Panchkula. India won Border Gavaskar Trophy 2013 agaist Austraia by 4-0 Virat Kohli with 731 points is at number eight position and Suresh Raina with 719 points is at number 9th are the in the list of top 10 in ICC Player Rankings for T20I batsmen. Britains Andy Murray defeated Spains David Ferrer in a Miami Masters final. World No. 1 Serena Williams won Miami Masters open Tennis Tournament 2013 (6th time) by defeating Maria Sharapova. Jamjang Deru won silver in the 50 kg boys category at Tashkent, Uzbekistan in the world youth weightlifting championships 2013.
US Open 2012:
Men Single- Andy Murray bt Novak Djokovic Women Single-Serena Williams bt Victoria Azarenk Men Double- Bob and Mike Bryan won bt Leander paes and Radek Stepanek. Women Double- Sara Errani and Roberta Vinci(Italy)
Wimbledon 2012
Men Singles - Roger Federer bt Andy Murray Women Singles - Serena Williams Beat Agnieszka Radwanska Men Doubles - Jonathan Marray and Frederik Nielsen bt Robert Lindstedt and Horia Tecau Women Doubles - Serena Williams and Venus Williams beat Andrea Hlavackova and Lucie Hradecka Mixed Doubles- Mike Bryan and Lisa Raymond beat Leander Paes-Elena Vesnina
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novel Dhooni Tape Teer Vyas Samman (2012) Narendra Kohli for his novel Na bhooto na bhavishyati
AWARDS PADMA AWARDS: (total 108 awards Padma Vibhushan(4) ) Prof Yashpal (Science & Engg), Prof Roddam (Science & Engg), Raghunath Mohapatra (Arts) Syed Haider Raza (Arts). Padma Bushan: (24) Cricketer Rahul Dravid, Actresses Sharmila Tagore Actress Sridevi DRDO chief V K Saraswat Padma Shri: 80
List of Nobel Prize 2012 winners: Physiology or Medicine - Sir John B. Gurdon and Shinya Yamanaka - For- "the discovery that mature cells can be reprogrammed to become pluripotent". Physics - Serge Haroche and David J. Wineland -- For"ground-breaking experimental methods that enable measuring and manipulation of individual quantum systems". Chemisty - Robert J. Lefkowitz and Brian K. Kobilka -- For --"studies of G-protein-coupled receptors". Literature - Mo Yan --For-- "who with hallucinatory realism merges folk tales, history and the contemporary". Peace Prize - European Union (EU) -- For-- over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe". Economics (also known as Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) --- Alvin E. Roth and Lloyd S. Shapley -- For "the theory of stable allocations and the practice of market design". Other Awards Miss World 2012-Wen xia YU(China). Miss Asia Paisific-Himangini Sing Miss Universe 2012-Olivia Culpo (USA) she crowned in Las Vegas~ Philippines Janine Tugonon was adjudged the first runner- up followed by Venezuelas Irene Esser~ Dadasaheb Phalke Award 2012 Saumitra Chatterjee. Dadasaheb Phalke Award 2013 Pran Krishan Sikand (Bollywood actor, mostly known as Pran). Saraswati Samman (2012,) Rohit Gautam for Bang Bhoomi (conferred by K. K. Birla Foundation) Saraswati Samman (2013) Sugathakumari, ( theMalayalam poetess for the poetry collection Manalezhuthu, which means The Writing on the Sand in English. Moorti Devi Award (2012) Gopichand Narang Bihari Puraskar (2012) Hariram Meena for his hindi
Sahitya Akademi Awards: Booker-nominated Jeet Thayil and Bengali novelist Subrata Mukhopadhyaya with 24 authors. 12 of the 24 awards went to works of poets: K Sachitandandan (Ma layala m - Marannu Vacha Vazhikal), late Bal Krishna 'Bhaura (Dogri - Tim-Tim Karde Tare) & Makhan Lal Kanwal (Kashmiri - Yath Aangnaz Manz). Indira Gandhi International Award - Ellen Johnson Sirleaf (president of Liberia) Indira Gandhi Award for National Integration Sampooran Singh Kalra (GULJAR) World Food Prize 2012- Dr. Daniel Hillel (Israel) India who won Magasaysay Award- Kulendei Francis for community leadership Indusharma Katha Samman- Pradeep Saurabh for his novel Teesri Tali Lifetime Achievement Grammy Award- Pandit Ravi Shankar (Posthumous ) Best Banker Prize Award 2012-13 Jammu & Kashmir Bank Jammu and Kashmir won F E Indias Best Bank ward 2012-13. Shanti Swaroop Bhatnagar Award 2012: Amit Sharma & Rajan Biotechnology Suman Kumar Dhar Biology Balsubramaniam Chemistry x Mohan MJ & Plus Sarkar Maths K Narayana Medical Siraj Minawala Physics Ramon Magsaysay Award winners 2012: Kulendei Francis (India) Community Leadership World Trade summit held in Gurgaon (India) Golden Boot Award as Europes top Scorer - Lionel Messi Pieta the South Koran Film won Golden Lion Venice Top prize Golfer Gaganjeet Bhullar grabbed third Asian tour title FICCI Healthcare Excellence Award 2012- Fortis Escorts Irelands Tipperary International Peace Prize for nd 2012 Malala Yousafzai (2 Pakistani National) France's Simone de Beauvoir Prize for Women's Freedom - Malala Yousafzai. Bravery Award by World Foundation For Peace and prosperity - Malala Yousafzai
Oscars 2013
The Oscars 2013 (ceremony was held at Dolby Theatre in Hollywood, California). Life of Pi, with 4 awards Best Directing: Ang Lee for Life of Pi Best Cinematography: Claudio Miranda for Life of Pi Best Music-Original Score: Mychael Danna for Life of Pi Best Visual Effects: Bill Westenhofer, Guillaume Rocheron, Erik-Jan De Boer and Donald R. Elliott for Lifeof Pi Best film award ;Argo (with 3 awards) Best Actor award :Daniel Day-Lewis wins for 'Lincoln'. Best Actoress award: Jennifer Lawrence for 'Silver
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Persistent Systems Ltd. Power grid Corporation of India Limited CMC Limited Saina nominated for BWF's Female Player of the Year Award 2012. The 2nd National Photo Awards for the year 2011 -2012 (given away on 28 March 2013 at Vigyan Bhavan, New Delhi). List of Awardees at the 2nd National Photo Awa rds Lifetime Achievement Award- Pranlal Patel, T.S. Nagarajan and T.N.A. Perumal Best Professional Photographer of the Year 2011-12Salil Bera Professional Photographer of the Year 2011-12 on Green India: Environmental Stories- Pankaj Sharma Best Amateur Photographer of the Year 201112-Subhash Jirange Best Amateur Photographer of the Year 2011-12 on Life and Landscape of India- Sudip Roychoudhury President Pranab Mukherjee presented Gallantry Awards at the Defence Investiture Ceremony held at Rashtrapati Bhavan. 18 people were conferred with Param Vishisht Seva Medalwith Yudh Seva Medal. 2 with Ati Vishisht Seva Medal. 17 with Ati Ati Vishisht Seva Medal. 14 people were conferred with Shaurya Chakra Major Chandrashekhar Singh, Nayak Rajeshwar Singh and Nayak Anil Kumar were conferred with Shaurya Chakra posthumously. Gavaskar conferred with BCCI's Col C K Naidu Lifetime Achievement award. Miss India 2013- Navneet Kaur Dhillon with 1 s t runner up is Shobhita Dholipal, and 2 nd runner up is Zoya Afroz. Global Competition Review (GCR) Awards 2013 Competition Commission of India (CCI) (Nominated).
Assams First, Dr.Bhupen Hazarika International Solidarity Award - Lubna Marium of Bangladesh. .
Maharatna-Award for the 2012 - The National Thermal Power Corporation Ltd (NTPC) by Stock th Magazine at 4 DSIJ Award. Man Asian Literary Prize 2012 - Tan Twan Eng (the first Malaysian author to winthe most prestigious literary prize of Asia). Madhya Pradesh bagged two national tourism awards: One for the best civic management of a tourist destination and other for the most innovative and unique tourism project in the 23rd National Tourism Award.
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World bank and IMF Total 188 (Last South Sudan) European Union Total 27 (Next member will be Croatia in July 2013) Nuclear Security Summit 2 n d Summit 2012 Seoul (South Korea), 3 rd Summit 2014(Next) : Netherland BRICS Summit Country: Brazil, Russia, India, China, South-Africa. 4 th Summit 2012: New Delhi 5 th Summit 2013 : South Africa: Held in Durban from 26 to 27 March 2013 at the Durban International Convention Centre (ICC). The central area of discussion was under the overarching theme, BRICS and Africa: Partnership for Development, Integration and Industrialisation. The possibility of setting up of a development bank and investment fund and promoting trade within this group in local currencies are particularly encouraging and progress in finalising these. Brazil and China Signed the Currency Swap Agreement: BRICS Summit 2013. G 8 Summit: th 38 Summit 2012 :David camp, USA th 39 Summit 2013(next) : United Kingdom G 20 Summit: Summit 2012 Los Cabos, Mexico 8 th Summit 2013(next)-St. Petersberg, Russia NAM Summit: th 16 Non-Aligned Movement Summit 2012- Tehran(Iran) th 17 Summit(Next)-In 2015- Venezuela 26-31 August at Attended By(India): Prime Minister Theme: Lasting Peace through Joint Global Governance. Country:120,New-Fiji, Azerbaijan ASEAN Summit: th 20 ASEAN Meeting April 2012 Phnom penh (Cambodia). st 21 ASEAN Summit Nov 2012 - Phnom Penh (Cambodia 22
nd
Bliss was in that Dawn Minoo Masani Diamond Dust & Other Stories- Anita Desai God of Small things- Arundhati Rai Hinduism Nirad C. Chaudhari Indian Drama Chelapati Rao. Inheritance of Loss- Kiran Desai. Inventing the Enemy Umberto Eco Joseph Anton- Sulman Rushdie (Autobiography) Khushwantnama - The Lessons of My Life Khushwant singh Lajja- Taslima Nasrim. Land of the Seven Rivers- A Brief History of Indias Geography Sanjeev Sanyal My Unforgettable Memories-Mamata Banerjee Mind Positive-Life Positive-S.Joginder Singh "Muslim in Indian cities - Christophe Jaffrelot & Laurent Gayer My Life Struggle Khan Abdul Gaffar Khan My country My Life- L.K.Advani My Life Bill Clington. My Music My Life- Pt Ravi Shankar Netaji Subhash Chandra Bose and Germany Prof Anita B. Pfaff Netaji and Gandhi Shashi Ahluwalia Religion, Law & Society cross the Globe - Prof. Tahir Ma h mood. Revolution 2020- Chetan Bhagat Rich Like Us Nayantara Sehgal Reflection on our Time P.N. Haksar Runs in Ruins Sunil Gavaskar Salvation of a Saint Keigo Higashino. Swami and Friends R.K. Narain Struggle For Change K.B. Lal Satenic versus- Salman Rushdi Speaking for My Life Cherry Blair Secular Perception in Sikh Faith K.M. Duggal Storm Over the Sutlej Akali Politics A.M. Narang Sandy Storms Sandeep Patil Survivors Randheer Khare The Blind mans Garden Nadeem Aslam. x The Last Hero Mihir Bose The Indian Epics Retold R. K. Narayan Terrorism in India Shaileshwar Jha True Colours Adam Gilchrist The Things About Thugs Tabish Nair The Heritage of Sikhs Harbans Singh The Jewels of Happiness Indian spiritual Chin moy. The Things About Thugs Tabish Nair The Test of My Life'- Indian cricketer Yuvraj singh Those were the Day and then -The Life & Times of Lal Krishna dvani -Mira Govind Advani Turning Points-APJ Abdul Kalam What Young India Wants Chetan Bhagat Ye Jo Hai Pakistan'- Shivendra Kumar Singh. IMPORTANT ORGANIZATION AND SUMMIT New Member United Nation Total 193 (Last South Sudan) x WTO Total 157 (Last Vanuatu)
SCO Summit: th 12 Summit 2012-Beijing Attended by:SM Krishna(Forgien Minister) th 13 Summit 2013-Kyrgyzstan
SAARC Summit:
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5. To construct Pakka houses for BPL house- holds under Indira Awas Yojana (Now from April 1st 2013 cash assistance Rs. 70000 for plain areas and Rs. 75000 for hilly areas) previously it was Rs. 40000 for plain areas and Rs. 45000 for hilly areas.
IMPORTANT GOVERNMENT SCHEMES BHARAT NIRMAN: It was implemented and extended in three phases i.e., from (2005 - 2009), (2009 - 2012), (2012- 2014) It is centrally sponsored scheme for the rural development of India started in September 2005. There are 6 objectives in this scheme Objectives: 1. To provide all weather road connectivity to the village which have more than 1000 population in plain areas and 500 population in hilly areas. 2. To bring 10 million hectares of land under irrigation facility and to make 1.4 million hectares of additional land for arable land (for the use of agriculture). 3. To provide clean drinking water to all villages by the end of 2012 under Rajiv Gandhi payjal yojana. 4. To electrify 1, 76,000 villages by the end of 2012 under Rajiv Gandhi Vidyutikaran yojna.
To provide telephone connectivity to all villages and all BPL holders by 2012. Note: All these objectives are extended till 2014. JNNURM: Jawaharlal Nehru National Urban Renewal Mission It was implemented and extended in two phases i.e., (2005 - 2012), (2012 - 2014) Started in the year 2005 to make million plus cities squatter (Slam area) free. There are 2 components a) To construct pakka houses for urban poor dwelling in squatter under Rajiv Awas yojana. b) To make transportation system faster a nd greener. NRHM: National Rural Health Mission th It was started on 12 April 2005 to enhance the health facilities in rural areas. The appointment of ASHA workers (Accredited social health activist) in Angonwadi Kendra to provide basic information on health and hygiene conditions as well as to guide people regarding conservation of water. MGNREGA: Mahatma Gandhi National Rural Employment Guarantee Act It was on started on 2 n d Feb 2006 to provide minimum 150 days from 1 st April 2013 (previously its is 100 da ys) of employment to BPL house hold. This scheme is both for Urban and Rural areas. The old name of this scheme is NREGA and changed to MGNREGA on 2 nd Oct 2009. The wages under the scheme is fixed on the basis of CPI-AL (Consumer Price Index for Agricultural Labourers) which is calculated by the state government on the basis of their Per capita Income. UIDAI: Unique Identification Authority of India. It was started in the year 2010 to provide multipurpose national identity card (MNIC) to every citizen aged above 5 years. Its name has been changed to Aadhar. Its model state was Karnataka (started) The retinal identification is taken from the age group of 14 and above. Scheme has 7 components like address, PAN no., Passport no., retinal identity etc, It consis ts of 12 digit number. Chairman: Nandan Nilkani NFSM: National Food Security Mission This scheme is to reduce the poverty in India under national social assistance programme. Under Public Distribution System (PDS), government will provide rice @ Rs. 3/kg, wheat @ Rs. 2/kg to the BPL households. IGNOAPS: Indira Gandhi National Old age Pension Scheme This Scheme is for the people who aged above 65 years. The amount of Rs. 400 per month (Central govt + Stategovt = Rs. 200 + Rs. 200) will be provided by both Central government and State government who aged between 65 80 years. Rs. 500 per month (Central govt + State govt = Rs. 250 + Rs. 250) for the people who aged more than 80 years. IGNWPS: Indira Gandhi National Widow Pension Scheme
6.
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Under this scheme 10 kg of food grains are provided to BPL households free of cost every month. But for this scheme the particular beneficiary shouldnt be registered with IGNOAPS.
ANNAPURNA:
ORGANISATIONS & THEIR HEAD Sr no. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17 Organisation RBI SEBI NABARD FICCI IBPS RAW IB CBI UPSC SSC UGC Indian Army Indian Airforce Indian Navy BSF ISRO NASSCOM Heads D. Subbarao U.K. Shinha Prakash Bakhsi NainaLal Kidwai K.R. Kamath Alok Joshi Saiyad Ashif Ibrahim Ranjeet shinha D.P. Agarwal Amitava Bhattacharyya Ved Prakash Gen. Bikram Singh Air Chief Marshal N A K Browne Admiral D.K. Joshi Subhash Joshi Dr. K. Radhakrishnan Krishna kumar Natrajan
43
S Gopalakrishnan
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DAY National Youth day (Birthday of Vivekananda). Army day. National Girl Child Day. National tourism day/ Voters day National Martyrs day & World anti Leprosy Day World Cancer Day. National science day International women day World Kidney day World Consumer rights Day, (the theme for 2013 is, Consumer Justice Now)~ World Sparrow Day & International Happiness Day. World Forestry day
14
th
September
Hindi Divas Engineers day Ozone Day . International Non-violence day Air force day World post day United nation day Students day Adults day Citizens day National law day AIDS day Navy day Human Rights Day National Energy Conservation day and National Consumer day
15th September 16th September 2nd October 8 October 9 October 24 October th 17 November 18 th November 19 th November th 27 November st 1 December 4
th
December
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Improve in Indian Public Health System (IPHS) RRBs To Help Boost Bank Finance For Exports
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US and South Korea did Joint Annual Military Drills called Key Resolve on 11 March 2013. Apart from Key Resolve, another joint drill called Foal Eagle was on its way since the starting of March 2013. Nepal & United States Conducted joint Military Exercises called Shanti Prayas-2 or Peace Initiatives in Panchkhal, 50 km east of Kathmandu from 25 March 2013 to 7 April 2013, India also participated in it. The medium range nuclear capable Agni-II missile was successfully test-fired with a strike range of more than 2,000 km from the Wheeler Island off Odisha coast. Indian Army going to launch a New Scheme of Old Age Homes for ex-Servicemen India's heaviest rocket (4-5 tonnes) ever is expected to take to the sky next January (2014) on an experimental flight. The mainstay of the Geosynchronous Satellite Launch Vehicle-Mark III (GSLV-Mk III).
INDIAN DEFENCE Missiles in use of Indian Army: 1. Prithvi I - 150km 2. Prithvi II - 350km 3. Prithvi III - 350km - 600km 4. Agni I - 700km -1250km 5. Agni II - 2000km -3500km 6. Agni III - 3500km -5000km 7. Agni IV - 3000km -4000km (test fired only) 8. Agni V - 5500km -5800km 9. Agni VI - 8000km -3500km 10. Akash- 30 km NASA Spacecraft "Voyager 1" Drifted Into Unknown Region of the Space Russia has delivered the first three of the upgraded MiG-29 fighters to India, more than 2 years behind schedule. India successfully test-fired its indige nously developed nuclear capable Agni-I ballistic missile with a strike range of 700 km from a test range off Odisha coast. First of the Eight P-8I Maritime Surveillance Aircraft received by Indian Navy from Boeing India successfully test-fired its indigenously developed nuclear capable Prithvi-II missile with a strike range of 350 km from a test range at Chandipur. China became me the World's Fifth-Largest Arms Exporter. Indian Navy successfully test-fired the 290-km range Bramhos Supersonic Cruise Missile, capable of carrying a conventional warhea d of 300 kg, from a warship off the Goa coast. Pakistan test fired cruise missile Babur with a range of 700km Iran has tested Fateh 110 missiles (Range - 300 km). Naval Offshore Patrol Vessel INS Saryu inducted into Indian Navy. Cochin Shipyard launched Aadesh the First Fast Patrol Vessel for Coast Guard. K-5 ballistic missile (strike range around 1500 kms) successfully test fired from an underwater platform in Bay of Bengal. India Successfully Test Fired K-15 Ballistic Missile in Bay of Bengal Indian Army gets its first indigenously-made Rudra attack chopper. ISRO has launched Indo-French satellite 'SARAL'(410kg) with the Polar Satellite Launch Vehicle PSLV -C20 from Sriharikota. It will support in marine meteorology and sea state forecasting, operational oceanography, seasonal forecasting, climate monitoring, ocean, earth system and climate research. India successfully test-fired indigenously developed Astra air-to-air interceptor missile from Integrated Test Range (ITR) in Chandipur. "EKUVERIN 2012" an India-Maldives joint military training exercise organized in Belgaum. Russia has delivered the first three of the upgraded MiG-29 fighters to India, more than two years behind schedule. ISRO launches its 100th space program named PSLV C21 from Sriharikota (Andhra Pradesh)
Pakistan successfully test-fired the nuclear-capable Hatf-IV ballistic missile of range of 900 km. ABBREVIATION IN NEWS ALM- Asset Liability Management AMFI- Association of Mutual Fund in India. ARC Asset Reconstruction Companies ASEAN Association of South East Asian Nation ASSOCHAM Associated Chambers of Commerce and Industry of India BASIC Brazil, South Africa, India and China BCCI - Board of Control for Cricket in India BRICS Brazil, Russia, India, China and South Africa BSE-Bombay Stock Exchange BTIA -Broad-based Bilateral Trade and Investment Agreement CAG Comptroller and Auditor General Of India CAR Cash Adequacy Ratio CBDT Central Board for Direct Taxes. CCEA Cabinet Committee on Economic Affairs CECA - Comprehensive Economic Cooperation Agreement CEPA Comprehensive Economic Partnership Agreement CIC - Central Information Commission CRIS Comparative Rating Index for Sovereign CRM- Customer Relationship Management CRR-Cash Reserve Ratio CTT- Commodities Transaction Tax DII Domestic Institutional Investor DRT Debt Recovery Tribunals DRDO - Defence Research and Development Organisation DTAA Double Taxation Avoidance Agreement DTC Direct Tax Code ECBs - External Commercial Borrowings EEFC - Exchange Earner's Foreign Currency EFSF European Financial Stability Facility FCNRA Foreign Currency Non Resident account FEMAForeign Exchange Management Act FII Foreign Institutional Investor. FICCI Federation Of Indian Chambers of Commerce and Industry FINO- Financial Inclusion Network Operation FIPB Foreign Investment Promotion board FPI- Foreign portfolio Investment
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