3rd Dec.2013
- BITCOIN is a fresh cause of worry for all central banks’ monetary authorities. It is a digital currency created by some netizens in reward for solving some puzzles or complex algorithms. The value of one bitcoin has gone up to 1000$ or Rs.62000/- . This electronic currency is being accepted by some departmental and pizza stores in US and china. Central banks are worried about their misuse in money laundering process.
2nd Decembaer 2013
- P V Sindhu , badminton player from India has won Macau open Grand prix tournament.
- Gaganjeet Bhullar wins Indonesia open GOLF competition.
- Paul walker who started in Fast and furious series of Hollywood movies, died in an accident.
- Kolkata based United bank of India’s chairman and managing director – Archana bhargava.
- United bank of India has reported Rs.490/- crore loss in its second quarter due to high provision on NPAs.
1st December 2013
- World Aids day
- SBI calls a meeting of its shareholders to pass a resolution to allot preferential shares to Government of India , who has expressed its willingness to ADD Rs. 2000 crore in the capital of SBI. Additional capital mobilization through QIP or FPO will also be discussed . All such investments by the Govt. are done in the name of President of India.
- China to launch its first Moon rover mission to explore the surface of the moon.
- Debit card swipe at point of sale terminals (shopping terminals) will now require a PIN password from 1st December 2013 to minimize fraud cases.
30th Nov 2013
- Farm sector(agriculture) pushes up September 2013 quarter growth.in GDP to 4.8%. Last June quarter it was 4.4 %. Agriculture alone grew at 4.6 against 1.7 last year. A good monsoon also meant that reservoirs were full and pushed up electricity production by 7.7%.
- Forex reserves rise by 2.69 bn to $286.26 bn. The foreign currency assets constitute major part of the overall reserves rose by 2.76 bn.. Foreign currency assets expressed in dollar terms include the effect of appreciation or depreciation of Non US currencies such as Euro , Pound and Yen held in reserves. The Gold reserve remain unchanged at 21.227 billion..
- BSNL in partnership with pental technologies launched an entry level feature phone for Rs.1799/- named Bharat phone, 3 inch display allows internet browsing and music/video downloads.
- SEBI to bring norms for research analysts.
- Bodhgaya’s Buddist temple Mahabodhi temple’s dome was inlaid with 300 kg of gold donated by devotees of Thailand.
- In a sting operation it was revealed that banks are still refusing to open zero balance account. Here is the rules and regulation of zero balance Basic Savings bank deposit account.
- BSBDA , Basic savings bank deposit accounts , free services ATM Cards, maximum four withdrawals in a month(all types cash,atm, electronic means) , credits through electronic and cheques and cash, no initial balance requirement, No concession in KYC norms .
- BSBDA – Small account. Simiplified KYC self attested photograph , no ID proof required, maximum balance Rs.50,000/- withdrawal not more than 10,000 per month, total deposits 100,000 Rs. In a year. Foreign credit not allowed, account valid for 12 months thereafter KYC ID proof and address proof required. The validity can be extended for further 12 months if depositor says that ID has been applied and will be produced soon.
- Sachin tendulkar appointed brand ambassador of UNICEF
- Tata Sons withdraws their application for new bank license.
24th to 28th Nov. 2013
- Dhanush missile successfully tested from a naval ship in bay of Bengal. It is nuclear capable ballistic missile.
- Iran – US and allies have reached to an historic agreement in Genewa. Iran sacrifices its nuclear ambition and agrees on more transparency , surveillance on its nuclear establishment in return for removal of American restrictions and growth oriented support from developed countries.Under the first phase of agreement it will stop enriching Uranium beyond 5% thereby will not be in a position to produce nuclear weapons. It will also convert or divert its 20% of enriched uranium stock in to an oxide form , which can not be used for military purpose. It will allow international inspection on its nuclear establishments. However civilian nuclear use will continue. Will get some relief from US led financial restrictions to improve its economy.
- Indian American to head S&P rating services. Neeraj Sahai will assume his new post from Jan.6. 2014. S&P is an subsidiary company of McGraw hills financial services.
- As decided earlier, Govt will nearly double the prices of natural gas from 1 april 2014. It was decided on the basis of rationalization of prices suggested by C Rangarajan committee. It will increase subsidy burden on the government.
- RBI asks banks to use adhhar based biometric authentication or EVM chip and pin system to secure card payments. EVM (Euro pay, Master card Visa).
- Yet another cyclone LEHAR to hit Andhra coast.
- Pakistan names Lt. General Raheel Sharif and shri Tassadduque hussain Jilani as new army chief and chief justice respectively.
- Rs. 150/- and Rs.5/- coins to be released in memory of Shri Motilal Nehru
23rd Nov. 2013
- Founder editor of Tehlka.com Mr. Tarun Tejpal was accused of molestation .
- Norway Magnus Carlsen is now new world chess champion defeating vishwanathan anand of india.
- National food security scheme gets conflicted with WTO international agreements. Under the WTO agreement on agriculture food subsidy support should not exceed 10% , which is going to be breached when our food security scheme is implemented. India is persuading WTO to have a peace clause for four years so as to avoid penalty on this ground. WTO nations are going to meet in Bali, Indonesia next month.
22nd Nov. 2013
- RBI to introduce concept of TCF “Treat Customers Fairly” for sale of third party products like insurance, mutual funds and capital market products. RBI is receiving complaints of mis-selling by banks. Mis-selling of products means hiding or mis representing some of the features of product, which can affect the decision of prospective buyer.
- RBI raises alarm over rising NPAs and increasing loans to very sensitive real estate . Real estate , commodities and shares are classified as sensitive sectors. RBI in its report “ Trends and progress in banking” said that Gross NPA of banking system have risen to 3.6 % in March 3013 from 3.1 in 2012.
21st Nov. 2013
- Prithvi Shaw , 15 years old budding cricketer made history and created a record by making individual score of 546 in an under 16 inter school tournament in Mumbai . The tournament is known by the name of Harris Shield cricket tournament. The earlier record was in the name of arman jaffar (498) in 2010.
20th Nov.2013
- Bhartiya mahila bank inaugurated in Mumbai on the birth anniversary of Late Mrs Indira Gandhi,by Prime minister Dr. Manmohan singh and Smt. Sonia Gandhi. The bank is Headquartered at Delhi. First women focused bank , 75% of women in India are not having bank account. The bank was opened with 7 branches and will have 25 branches by the end of this financial year. It will have preference to women staffers but not essentially be a women only bank. It will be a full fledged bank providing all banking and financial services similar to other commercial banks but will offer special banking products for women clientele. It will be a universal bank with a balanced presence in rural, urban and metro centers. Initial capital is 1000 crore. May open branches abroad , if need is felt. It is a Public sector bank.
- RBI directs Public sector banks to give loans to women self help groups at 7 % . The difference between the base rate and 7 % so offered will be compensated as interest subvention under Swarnjayanti Gram Swarozgar yojana SGSY by ministry of rural development.
19th Nov. 2013
- Indira gandhi’s 96th birth day. Bharatiya Mahila bank to be inaugurated today.
- German formula 1 player Sebastian vettel wins US grand Prix , sets a record of winning 8 consecutive wins in one year , just ahead of schumacker who had won 7 in a year.
18th Nov. 2013
- Axis bank to be foreign owned. FIPB Foreign investment promotion board has approved its proposed increase in foreign share holding to 62% resulting in an inflow of Rs.6200 crore. The proposal will now go to Cabinet committee on Economic affairs as anything above 1200 crore needs its approval.
- Forex currency assets increased by 819 million to make a total of forex reserves to 282 billion.
- CBDT has allowed NTPC to float 1750 cr tax free bonds of the tenure between 10 and 12 years. The government had announced a total of 50000 crore worth of tax free infrastructure bonds this year.
17th Nov. 2013
- India wins second test match (200th for Sachin) against West Indies by and innings and 126 runs on the third day itself.
- Sachin was given a grand farewell off the ground with tears in his and everyone’s eyes. Sachin gave an emotional and very touchy speech expressing gratitude to his family, friends, fans and cricket authorities.
- Govt. has also responded in the same tone and announced Bharat Ratna title to be conferred on him. He was the first sportsperson to receive this award and at 40 years of age ,also the youngest ever .
- Bharat ratna title was also conferred on Shri C.N.R. Rao (79) , a world renowned Scientist and present chairman of PM’s Science advisory council. He is an authority on solid state and materials chemistry and has a significant contribution to India’s space odyssey MOM Mangal.
- Bharat ratna was instituted in 1954 and so far given to 43 persons. Last time it was given four years ago to PT. Bhimsen Joshi in 2008.
16th Nov. 2013
- Sachin’s 74 against west indies with little possiblility of second innings to be played . It may prove to be his last farewell score.
15th Nov.2013
- Wholesale Price Index also shows(after double digit CPI ) upward trend with 8 month high figure of 7% in Oct 2013 mainly on account of spiraling vegetable and food prices.
- China tops in no. of internet users (300 million) followed by US (207 M) and India just crossed 200 m mark.
- INS Vikramaditya to be inducted in Indian navy as the latest Aircraft carrier after INS VIRAT, which is 55 years old now. made by Russia as “ Admiral Gorshkov” is renamed by India as INS Vikramaditya. It can handle 34 aircrafts on board.
- PM to launch Mahila bank on Nov. 19 . Usha Anantsubramaniam was appointed as Chairman and CEO of the bank which will start with 6 branches with headquarters in delhi.
14th Nov. 2013
- Aziz premji , Wipro chief and IT tycoon , tops the list of Indian philanthropist (donor for social cause ) with donations worth 8000 crore.
- A 1969 painting by British artist Francis Bacon set a world record for the most expensive artwork ever sold at auction at $142.4 million . Name of the painting was “Three studies of Lucian freud”.
- The reconstructed world trade centre in NewYork has been recognized as America’s tallest building with 1776 feet height,.
- SBI second quarter July to Sept 2013 profit down by 35% compared to last year’s same quarter on account of provision for NPA , staff wages hike, pensions etc.
- The rising bad loans (Gross NPA)of banking industry have risen to a peak of 1.83 lakh crore at the end of June 2013. Finance ministry advised banks to take tough action on big companies turning NPA.
- PFRDA chief Yogesh agrawal quits chairman’s post . Govt. apponts Anup wadhwan as new chief.
- Benguluru Mumbai economic corridor, expected to generate 25 million jobs , preliminary work initiated.
13th Nov. 2013
- Index of Industrial Production IIP has come out of negative territory and depicted a growth of 2% in September. It was negative in the same period last year and was a mere .4% in August 2013. The eight core sectors have recorded a robust growth of 8% while manufacturing growth remained sluggish with .6% this year.
- The Eight Core sector industries are Crude oil, petroleum and refinery products , coal, power , steel , natural gas, fertilizer and cement
- Both Consumer Price indices for rural and urban areas have hit the double digit inflation at 10.11 and 10.2 respectively in Oct.2013.
- In India Macro economic policies are framed around Wholesale Price Index and not on Consumer Price Index. CPI is also called retail inflation.
- ATP world tour Tennis , London won by Serbian player Novak Jokovic defeating Rafael Nadal.
12th Nov. 2013
- Times of India newspaper completes 175 years. Vice President Hamid Ansari launches a book “Momentous Times”.
- Indira Nooyi an Indian chairman and CEO of Pepsico Inc unveiled the plans of investing over $5 billion in india.
11th Nov. 2013
- Indian shooter Hina Siddhu won Gold medal in pistol shooting in world cup final in Munikh.
- Veteran Rajasthani writer Vijay daan Detha is now no more. He was awarded with Padmashri in 2007 and Sahitya academy award in 1974. Films like Pariniti, Duvidha and Charandas chor were made on his stories.
- Govt. to dissolve 10% stake in Indian Oil Corporation under its disinvestment drive , with current year 2013-14 ‘s target as 40,000 crore.
10th Nov.2013
- CHOGM Commonwealth Heads Of Government Meeting to be held in Shri Lanka next week. India will be represented by Extenal Affair minister Mr. Salman Khurshid , in place of Prime minister. It is held once in every two years in different member countries. Commonwealth nations are group of countries which were part of British rule at any part of time.
·
CBI was declared Unconstitutional by Guwahati
high court after hearing a petition challenging a CBI chargesheet by a
Mahanagar Telephone Nigam employee, Navendra kumar. Later, Central Government
approached the supreme court and was successful in getting a stay order against
High court’s order. Attorney General Wahanwati represented Central Government.
·
Philippines
(Manila
–capital) was severely hit by a typhoon named Haiyan, killing nearly 10000
people . Last month a similar storm called Phailin had landed on Indian state Odisha’s coast
- World chess championship being held in Chennai. Two initial matches between Vishwanathan anand and Magnus Carlsen have ended in a draw. Magnus carlsen is a Norvegian chess player with current world no.. 1 ranking .
- The current world champion is Viswanathan Anand, who won the World Chess Championship 2007 and successfully defended his title against former world champion Vladimir Kramnik in the World Chess Championship 2008, against Veselin Topalov in the World Chess Championship 2010 and against Boris Gelfand in the World Chess Championship 2012.
9th and 8th Nov. 2013
- Govt. clears follow on Public offer of Power Grid corporation. Divests 17% stake in power grid , will raise about Rs. 5600 crore.
- Standard and poor’s international credit rating agency has maintained the status quo about India’s rating at BBB – Minus retaining its negative outlook. BBB- is the lowest grade investment rating . Any down grade will reduce Indian rating to Junk status i.e., not favourable for investment. Next review will be done after Lok sabha elections , when the new government will take charge.
- Moody’s current rating on India is Baa3 – stable and Fitch’s rating is BBB-Stable.
- MNAIS Modified national agricultural insurance , requiring compulsory insurance of crops by the Farmers taking bank loans, which was tried on pilot basis in 50 selected districts has now been extended to the entire country from 1st Nov. 2013 as part of the Five year plan. Govt. will provide 40 to 75% subsidy on the premium.
- Sachin’s 199th test match at eden Garden Kolkata won by India .
7th Nov. 2013
- SBI raises lending rates by 0.20% . The new base rate is 10.00% and Prime lending rate to 14.75%
- RBI new norms on foreign banks released. Highlights 1) Foreign banks may expand their operations in India after floating a WOS wholly owned subsidiary registered in India. 2) Initial capital for opening a Banking subsidiary is 500 crore. 3) Wos will be treated at par (Near national treatment) with Indian domestic banks. They will have the liberty of opening branches without seeking individual branch opening permission however they need to follow all regulations like financial inclusion, priority sector financing, branch spread policy etc. like other Indian banks. 4) Some foreign banks which have a complex structure , or have a preferential policy for their domestic depositors (US, UK and Germany) will be compulsorily migrated to WOS structure. Others will have the option not to migrate to WOS , if they so want.5) Half of their board of directors should be persons of Indian origin and one third should be current Indian nationals. 6) foreign banks will be allowed to buy local Indian private banks.
6th Nov. 2013
- Nearly 1.34 lakh Indian workers already returning to their homeland as the Saudi Arabia’s Govt . is deporting all illegal migrant labour in their country under its new labour policy Nitaqat .
- 152 soldiers in Bangla desh have been sentenced to death penalty for their role in 2009 mutiny and massacre of 74 people including army officials. This was biggest ever mass trial in the world.
5th November 2013
· Mars Mission India
· Comparision
Mars with earth
Mars
|
Earth
|
|
Atmosphere
|
95% CO2, 3% nitrogen, 0.13% oxygen
|
Nitrogen 77%,Oxygen 21%
|
No. of satellite
|
2 Phobos and Deimos
|
1 Moon
|
Average surface temperature
|
-63 degree Celsius
|
14 degree Celsius
|
Length of year
|
687 earth days
|
365 days
|
- Designated as Mars Orbiter Mission MOM . Mars also called red planet.
- ISRO director K. Radhakrishnan and Mission director P Kunhi Krishnan.
- PSLV25 , Polar Satellite Launch Vehicle’s 25th flight.
- GSLV Geosynchronous Satellite Launch Vehicle uses indigenously developed cryogenic engine has capacity to launch heavier loads in to distant geosynchronous orbits (higher orbits ) of earth. So far we have carried out 7 operations on GSLV Of which only two were successful. The 8th operation scheduled in Dec 2013 has been postponed .
- Men are from Mars and women are from venus written by American author John gray.
- So far five different nations(US, Soviet union ,EU,China and Japan) have tried this expedition and two of them have failed (Japan and China).
- Launched from Shriharikota (Andhra Pradesh) Satish dhawan space center.
3rd November 2013
- Rohit sharma became third batsman to have scored double century(209) in ODI cricket after virender sehwag(219) and Sachin Tendulkar (200). He also created a world record of hitting 16 sixes in an ODI innings.
- India won this series 3-2 against Australia. Virat Kohli declared man of the series.
- Dr Bimal Jalan headed panel held its first meeting on bank license allotment on 1st nov. 2013. Other members of high level advisory committee are Usha Thorat, CB Bhave, and Nachiket Mor.
- Traditional samwat year (diwali to diwali) 2069 ended at Bombay stock exchange on a high note with sensex closing at 21197 points.
- MCX-SX the third full fledged stock exchange has appointed Shri Gopal Krishna Pillai , former Union home secretary as Chairman and Thaomas Mathew , a former top official of LIC as Vice Chairman.
- Ease of doing business report released by world bank and International Finance corporation placed India at 134th place among 189 countries, down from 131st position last year. Singapore ranked first making it best place to do business in the world. Singapore was adjudged the best place to do business.
·
Expressing full confidence in the American
economy and asserting there are low chances of US
default, Rajan ruled out selling out the Indian assets in the United States.The
Indian investment in the US
treasury bills is estimated to the tune of $59.1 billion.
·
Five pillars
of Raghuram rajan
Pillar 1: Monetary policy framework. Review its
objective, strengthen its effectivness, making it more credible and
transparent.Pillar 2: Reform India’s banking system. 1) Free branching (no need to take RBI permission for opening branches. 2) New bank licenses on a regular basis. 3) New rules for foreign banks with WOS wholly owned subsidiary structure. Such banks be at par with domestic banks and will get near national treatment.
Pillar 3: Liberalizing Indian markets like money market, Govt. debt market , Corporate debt market etc.
Pillar 4: Financial inclusion.Mr. Rajan said that India would look to use technology increasingly to bring financial services to millions of unbanked people in smaller towns and rural areas.
Pillar 5: Dealing with financial distress.“Whether it be corporate distress, or financial institution distress: we need to improve our mechanisms to make it simpler, cleaner, and less value-reducing,” said Mr. Rajan. India needs to accelerate the working of Debt Recovery Tribunals and Asset Reconstruction companies, so that bad loans sitting on the books of Indian banks are processed quickly. That will free up banks to lend more to financially healthy companies that need money.
·
Air Marshal Arup Raha
will be next Air force chief succeeding NAK Browne who is retiring on 31
Dec. 2013 .
·
RBI raises repo rate on 29 Oct. 2013 from 7.5 to 7.75 in its quarterly policy
review. MSF cut by 0.25% from 9 to 8.75
to bring it to normal levels of one percent higher than repo rate. Bank
rate also matches MSF rate at 8.75%. Reverse repo rate is now 6.75%.
·
Term repo facility for 7 and 14 days continued in the
policy review. Quantum of term repo increased from 0.25% of Net Demand and Time
Liabilities is increased to 0.5 %.
·
Banks asked to charge its customer , actual charges of
SMS sent to them and not the lump sum amount.
·
Liquidity up to 0.5 per cent of bank-wise NDTL
is available through overnight LAF repos.
·
ction on the monetary policy framework will
follow the submission of the Dr. Urjit Patel Committee report and the strategy
to expand financial inclusion will be informed by the Dr. Nachiket Mor
Committee report.
·
As per extant instructions, banks are required
to pay interest on savings deposits and term deposits at quarterly or longer
intervals. As all commercial banks are now on core banking platforms, it has
been decided to give banks the option to pay interest on savings deposits and
term deposits at intervals shorter than quarterly intervals.
·
Sebestian vettel became the youngest player to
win 4 Consecutive formula 1 car racing titles, Grand prix. He won the Indian
Grand Prix title on 27 oct.2013. He is a German and plays from Red Bull brand.
·
Pune warriors dismissed from IPL by BCCI.
·
25th Oct. is RTI day Right to information day.
----------------------------------------------------------------------------------------------------------
GOOD LUCK TO STUDENTS APPEARING FOR IBPS PO EXAM ON 26th or 27th October 2013
GOOD LUCK TO STUDENTS APPEARING FOR IBPS PO EXAM ON 26th or 27th October 2013
----------------------------------------------------------------------------------------------------------
GK updated up to 24th Oct 2013
- Capital infusion in Public sector banks approved by Finance ministry. This years budget allocation is 14000 crore as against 12517 crore last year. SBI gets 2000 crore followed by IDBI and Central Bank of India with Rs. 1800 crore.
- China visit of Prime minister Manmohan singh . MOU On dams among nine agreement signed. Chinese primeminister Le Keqiang and president Xi Jinping.
- Renowned playback singer Mannaday died at the age of 94 . His full name is Prabodh Chandra dey. First film Tammana.
- Banking licence , Four Public sector units applied – Deparment of posts, IFCI, LIC housing finance and Tourism Finance corporation.
- Prime minister visit to Russia – meets president Vladimir Putin.
- Shri Rashid masud became the first MP ( Rajya Sabha) , to lose seat on conviction , after recent Supreme Court ruling.
- RBI Mid quarter monetary policy review on 20 sept. 2013 Repo rate increased to 7.5 % Reverse repo 6.5, MSF and Bank rate down to 9.5 from 10.25 in july . RBI also reduced daily CRR balance limit of banks form 99 to 95%. But CRR unchaged at 4% and SLR at 23% .
- RBI again reduced MSF and Bank Rate fom 9.5 to 9 % on 7th Oct. 2013.
- RBI introduces Term repos to provide additional liquidity. Term repos of 7-day and 14-day tenor for a notified amount equivalent to 0.25 percent of net demand and time liabilities (NDTL) .
- Lalu Prasad convicted in fodder scam by a CBI court , loses his parliamentary membership. Prasad and 44 others were charged with fraudulent withdrawal to the tune of Rs. 37.7 crore on fake fodder bills from Chaibasa treasury.
- Raghuram rajan panel for reviewing criterion for allocation of Central Govt. assistance to backward states. The panel recommended a multi dimensional index to decide about th backward ness of any state.
- Supreme court gives Indian voters a right to reject all the candidates. A bench headed by Chief Justice of India P. Sathasivam asked the Election Commission to make changes in voting machines and ballot papers, giving voters a “none of the above”NOTA choice, and publicise this change widely.
- Visit of President of Liberia
Ellen Johnson Sirleaf, President of Liberia came on an official visit to India on 11 September 2013. She also happens to be Africa’s first female President.
During the bilateral talks, Prime Minister Manmohan Singh announced a $ 144 million line of credit for Liberia. India also signed four agreements for cooperation in various fields, including the critical oil and gas sector. - Arundhati Bhattacharya has been appointed as the first woman managing director of State Bank of India.
- Microsoft Corp has decided to buy Nokia’s mobile phone business for 5.44 billion euros, and the Finnish firm said its CEO, Stephen Elop, would join Microsoft when the transaction is closed. Finland’s Nokia, once the undisputed leader in mobile phones, has been struggling to respond to the challenge from smartphone makers such as Apple and Samsung.
- German chancellor Anjela market reelected in a recent election for 4 more years.
- BRICS to set up a $100 billion fund to stabilize currency markets.
- US-Russia deal on Syria’s chemical weapons
US Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov reached agreement on 14 September 2013, on a framework for Syria to destroy all of its chemical weapons, and said they would seek a UN Security Council resolution that could authorise sanctions—short of military action—if Syrian President Bashar Assad’s government fails to comply. - US Fed leaves decides to continue with the
stimulus
On 18 September 2013, the US Federal Reserve decided to leave its $85 billion a month stimulus programme in place, against broad expectations that it would reduce it as the economy grows. - The International Day for the Preservation of the Ozone Layer was observed on 16 September, with the theme “A Healthy Atmosphere, the Future We Want”.
- China has opened the world’s highest civilian airport in a restive and remote Tibetan region of south-western Sichuan province.
- Insurance repository is a facility that allows you to hold insurance plans in the demat form. As is the case with shares and bonds, which can be held in a demat account with a depository, you can keep your insurance policies in an e-insurance account with an insurance repository. IRDA has given five companies the status of insurance repositories and provided with a licence that will be valid till July 31, 2014. The five companies are: NSDL Database Management Limited, Central Insurance Repository Limited, SHCIL Projects Limited, CAMS Repository Services Limited and Karvy Insurance Repository Limited.
- International
Day of Elderly Persons is observed on 30 September.
World Heart Day is observed on 29 September. - Robert Mugabe sworn-in as Zimbabwe President for a new five-year term Capital – Harrare
- August 13 is celebrated as international left-handers’ day.
- India has bypassed Japan to become the world’s third largest Internet user after China and the United States,
- July 12 has been heralded as Malala Day, to remember the contributions of Pakistan’s Malala Yousafzai
- July 11 is observed as UN World Population Day.
- The National Stock Exchange (NSE) has regained its position as the world’s largest bourse in terms of volumes in equity trades, according to the latest data by World Federation of Exchanges (WFE).
- US Govt. shutdown 30 sept. to 16 Oct. 2013 : Whenever the financial proposals or budgets presented by the governments are not passed by American congress(their Parliament) by the due dates, the constitutional permission to use the state funds expires and no expenses can be incurred by the Government. In such circumstances Government functions with minimum security and essential services. Most of the Government offices remain closed and employees are not paid their salaries.
Fortunatly India
has never come across such situation , but America has experienced such
deadlocks in around 18 times in its
democratic history. The longest shutdown was for 21 days between 15 dec 1995 to Jan 6 ,1996 during Clinton regime.
This time the
dispute was about sanctioning funds for Patient Protection and
Affordable Care Act (PPACA), commonly
known as Obamacare, which was part of budget proposal. In US Financial year is
from October to September every year and yearly budget approval deadline was 30
th sept.
Apart from
this, Loan limit of the country was also required to be raised to avoid default
in payment of the Government securities
maturing on 16th Oct. Incidentally a last minute pact between Obama
administration and Republicans saved US from becoming defaulter. At the same
time Budget was also passed and shutdown ended.
Late additions to this Post.
·
4 Indian
in Fortune Business women leaders list. ICICI Bank’s CEO Mrs. Chanda
kochhar (4th position), National Stock Exchange Chief Chitra
Ramkrishna (17th position), Axis Bank’s Shikha Sharma(32nd
position) , and HSBC’s Naila lal Kidwai.(42nd position.).
·
Phailin hits Odisha coast , Classified as
severe cyclone and not Super cyclone which requires wind speed of more than 220
kmp.
·
Five states to go to polls in November. MP, Rajasthan, Mizoram, Chhatisgarh and Delhi . Chief election
commissioner VS Sampat.
- Lata Mangeshkar Received First National Yash Chopra Memorial Award
The Nobel Prize in Physics 2013
François Englert and Peter W. Higgs
"for the theoretical discovery of a mechanism that contributes to our understanding of the origin of mass of subatomic particles, and which recently was confirmed through the discovery of the predicted fundamental particle, by the ATLAS and CMS experiments at CERN's Large Hadron Collider"The Nobel Prize in Chemistry 2013
Martin Karplus, Michael Levitt and Arieh Warshel
"for the development of multiscale models for complex chemical systems"The Nobel Prize in Physiology or Medicine 2013
James E. Rothman, Randy W. Schekman and Thomas C. Südhof
"for their discoveries of machinery regulating vesicle traffic, a major transport system in our cells"The Nobel Prize in Literature 2013
Alice Munro
"master of the contemporary short story"The Nobel Peace Prize 2013
Organization for the Prohibition of Chemical Weapons (OPCW)
"for its extensive efforts to eliminate chemical weapons"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013
Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller
"for their empirical analysis of asset prices"
·
Dondia kheda (Unnav) UP is the place where ASI
Archeological Survey of India is
excavating the suspected precious metal.
·
RBI bans 0 % interest rate loan schemes
offered by banks for purchase of
consumer products.
·
Eleanor Catton became
the youngest receiver of Man booker prize at the age of 28 years for her
lengthiest novel The Luminaries. Indian American Jhumpa lahiri was also in the
race with her novel The Lowland.
·
Malala Yousafzai, the won an Russian award
instituted in the name of Russian journalist and human rights activist Anna
Politkovskaya.
Country Name
|
Capital
|
Currency
|
Kabul
|
Afghani
|
|
Buenos Aires
|
Peso
|
|
Canberra
|
Australian dollar
|
|
Vienna
|
Euro (formerly schilling)
|
|
Manama
|
Bahrain
dinar
|
|
Dhaka
|
Taka
|
|
Brussels
|
Euro (formerly Belgian franc)
|
|
Thimphu
|
Ngultrum
|
|
Brasilia
|
Real
|
|
Bandar Seri
Begawan
|
Brunei
dollar
|
|
Phnom Penh
|
Riel
|
|
Ottawa
|
Canadian dollar
|
|
Santiago
|
Chilean Peso
|
|
Beijing
|
Yuan/Renminbi
|
|
Zagreb
|
Kuna
|
|
Havana
|
Cuban Peso
|
|
Nicosia
|
Cyprus
pound
|
|
Prague
|
Koruna
|
|
Copenhagen
|
Krone
|
|
Quito
|
U.S. dollar
|
|
Cairo
|
Egyptian pound
|
|
Suva
|
Fiji
dollar
|
|
Helsinki
|
Euro (formerly markka)
|
|
Paris
|
Euro (formerly French franc)
|
|
Berlin
|
Euro (formerly Deutsche mark)
|
|
Athens
|
Euro (formerly drachma)
|
|
New Delhi
|
Rupee
|
|
Jakarta
|
Rupiah
|
|
Tehran
|
Rial
|
|
Baghdad
|
Iraqi Dinar
|
|
Jerusalem*
|
Shekel
|
|
Rome
|
Euro (formerly lira)
|
|
Tokyo
|
Yen
|
|
Nairobi
|
Kenya
shilling
|
|
Pyongyang
|
Won
|
|
Seoul
|
Won
|
|
Kuwait
City
|
Kuwaiti dinar
|
|
Riga
|
Lats
|
|
Beirut
|
Lebanese pound
|
|
Monrovia
|
Liberian dollar
|
|
Tripoli
|
Libyan dinar
|
|
Kuala Lumpur
|
Ringgit
|
|
Male
|
Rufiya
|
|
Port Louis
|
Mauritian rupee
|
|
Mexico City
|
Mexican peso
|
|
Naypyidaw or Nay Pyi Taw (administrative)
|
Kyat
|
|
Kathmandu
|
Nepalese rupee
|
|
Amsterdam; The Hague (seat of
government)
|
Euro (formerly guilder)
|
|
Wellington
|
New
Zealand dollar
|
|
Abuja
|
Naira
|
|
Oslo
|
Norwegian krone
|
|
Muscat
|
Omani rial
|
|
Islamabad
|
Pakistani rupee
|
|
Manila
|
Peso
|
|
Warsaw
|
Zloty
|
|
Lisbon
|
Euro (formerly escudo)
|
|
Doha
|
Qatari riyal
|
|
Moscow
|
Ruble
|
|
Riyadh
|
Riyal
|
|
Belgrade
|
Yugoslav new dinar. In Kosovo both the euro and the
Yugoslav dinar are legal
|
|
Singapore
|
Singapore
dollar
|
|
Pretoria (administrative); Cape Town (legislative); Bloemfontein (judiciary)
|
Rand
|
|
Juba
|
Sudanese Pound
|
|
Madrid
|
Euro (formerly peseta)
|
|
Colombo;
Sri Jayewardenepura Kotte (legislative)
|
Sri
Lanka rupee
|
|
Khartoum
|
Dinar
|
|
Stockholm
|
Krona
|
|
Bern
|
Swiss franc
|
|
Damascus
|
Syrian pound
|
|
Taipei
|
Taiwan
dollar
|
|
Bangkok
|
baht
|
|
Ankara
|
Turkish lira (YTL)
|
|
Kampala
|
Ugandan new shilling
|
|
Abu Dhabi
|
U.A.E. dirham
|
|
London
|
Pound sterling
|
|
Washington
D.C.
|
dollar
|
|
Caracas
|
Bolivar
|
|
Hanoi
|
Dong
|
|
Sanaa
|
Rial
|
|
Lusaka
|
Kwacha
|
|
Harare
|
Zimbabwean dollar
|
