1.Debt funding: RBI wants govt to remove FDI sectoral limits, seeks preference for long-term investor
The Reserve Bank of India (RBI) has urged the government to further liberalise foreign direct investment (FDI) norms by doing away with most sectoral caps in order to cut reliance on debt flows to fund India's record high current account deficit.
2. CCEA approved MSP hike for rabi crops; no decision on wheat
Government approved hike in the support price of five rabi crops such as gram and masur by upto 20 percent for the next year starting April 2013, but no decision was taken on wheat price.
3. HCL Signed MoU with Madhya Pradesh Government for speedy clearance
Public sector Enterprise Hindustan Copper Ltd (HCL) signed a Memorandum of Understanding (MoU) with Madhya Pradesh government for obtaining required clearances of its proposed investment of 1856 crore Rupees in the state.
4. Virat Kohli Selected for BCCI Polly Umrigar Award
Indian Cricketer Virat Kohli was chosen for the Board of Control for Cricket in India's (BCCI) Polly Umrigar award for being India's top international cricketer in 2011-12.
5. Sachin, Virat, Gavaskar to be honoured at BCCI Awards function
Sachin Tendulkar will be honoured for completing his 100th International century while Virat Kohli will get the Polly Umrigar Award for being India's top international cricketer of 2011-12 at the BCCI Annual Awards ceremony to be held on November 21 in Mumbai.
6. Telecom operators win spectrum concession
A panel of ministers says telecom operators fighting the withdrawal by government of high quality airwaves will be allowed to keep some of their spectrum holdings.
NOTE:- The panel's concession will allow carriers to retain 2.5 Mhz of spectrum, offering relief to operators who said they risked losing connectivity. The companies will have to match an auction-based price for the 2.5 Mhz of capacity they are allowed to retain and buy any additional spectrum they need from the auction, said the government official who asked not to be named.
7. Sunita Williams sets new record, embarks on 7th space walk
Indian-American Sunita Williams along with a fellow astronaut today ventured out of the International Space Station, adding to her record-setting space walking sojourns, to find an ammonia leak in the vital radiator system.
NOTE:- Expedition Commander Williams and Flight Engineer Aki Hoshide switched their spacesuits to battery power at 1229 GMT (1759 IST), signalling the start of today's planned 6.5-hour excursion outside the International Space Station.
8. India-Vietnam set a trade target of $7 billion for 2015
India and Vietnam set a bilateral trade target of $7 billion for 2015 with India impressing upon Vietnam to adopt a flexible approach paving way for early conclusion of an ambitious agreement on services and investment, after the comprehensive trade in goods agreement.
9. Cabinet approves amendments to labour legislations for improving working condition
Union Cabinet today approved amendments to two important labour legislations. The amendments aim at improving the employment, working conditions and welfare of construction workers.
NOTE:- The Cabinet approved amendments to the Building and Other Construction Workers (Regulation of Employment and Conditions of Service Act, 1996 and Building and Other Construction Workers’ Welfare Cess Act, 1996 and introduction of Building and Other Construction Workers Related Laws (Amendment) Bill, 2012 in the winter session of Parliament.
10. India inks protocol with U.K. to amend tax pact
In its continuing drive to check tax evasion and proliferation of black money, India has signed a protocol with the U.K. for amending the convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital gains.
11. IABF to retain Cuban coach
The Indian Amateur Boxing Federation (IABF) has decided to retain the services of Cuban coach Blas Iglesias Fernandez till the next Olympics in Rio (2016).
12. TDP leader Yerram Naidu dies in road accident
Telugu Desam Party’s senior leader and former Union minister K. Yerram Naidu died in a road accident in Andhra Pradesh’s Srikakulam district. He was 55.
The Reserve Bank of India (RBI) has urged the government to further liberalise foreign direct investment (FDI) norms by doing away with most sectoral caps in order to cut reliance on debt flows to fund India's record high current account deficit.
2. CCEA approved MSP hike for rabi crops; no decision on wheat
Government approved hike in the support price of five rabi crops such as gram and masur by upto 20 percent for the next year starting April 2013, but no decision was taken on wheat price.
3. HCL Signed MoU with Madhya Pradesh Government for speedy clearance
Public sector Enterprise Hindustan Copper Ltd (HCL) signed a Memorandum of Understanding (MoU) with Madhya Pradesh government for obtaining required clearances of its proposed investment of 1856 crore Rupees in the state.
4. Virat Kohli Selected for BCCI Polly Umrigar Award
Indian Cricketer Virat Kohli was chosen for the Board of Control for Cricket in India's (BCCI) Polly Umrigar award for being India's top international cricketer in 2011-12.
5. Sachin, Virat, Gavaskar to be honoured at BCCI Awards function
Sachin Tendulkar will be honoured for completing his 100th International century while Virat Kohli will get the Polly Umrigar Award for being India's top international cricketer of 2011-12 at the BCCI Annual Awards ceremony to be held on November 21 in Mumbai.
6. Telecom operators win spectrum concession
A panel of ministers says telecom operators fighting the withdrawal by government of high quality airwaves will be allowed to keep some of their spectrum holdings.
NOTE:- The panel's concession will allow carriers to retain 2.5 Mhz of spectrum, offering relief to operators who said they risked losing connectivity. The companies will have to match an auction-based price for the 2.5 Mhz of capacity they are allowed to retain and buy any additional spectrum they need from the auction, said the government official who asked not to be named.
7. Sunita Williams sets new record, embarks on 7th space walk
Indian-American Sunita Williams along with a fellow astronaut today ventured out of the International Space Station, adding to her record-setting space walking sojourns, to find an ammonia leak in the vital radiator system.
NOTE:- Expedition Commander Williams and Flight Engineer Aki Hoshide switched their spacesuits to battery power at 1229 GMT (1759 IST), signalling the start of today's planned 6.5-hour excursion outside the International Space Station.
8. India-Vietnam set a trade target of $7 billion for 2015
India and Vietnam set a bilateral trade target of $7 billion for 2015 with India impressing upon Vietnam to adopt a flexible approach paving way for early conclusion of an ambitious agreement on services and investment, after the comprehensive trade in goods agreement.
9. Cabinet approves amendments to labour legislations for improving working condition
Union Cabinet today approved amendments to two important labour legislations. The amendments aim at improving the employment, working conditions and welfare of construction workers.
NOTE:- The Cabinet approved amendments to the Building and Other Construction Workers (Regulation of Employment and Conditions of Service Act, 1996 and Building and Other Construction Workers’ Welfare Cess Act, 1996 and introduction of Building and Other Construction Workers Related Laws (Amendment) Bill, 2012 in the winter session of Parliament.
10. India inks protocol with U.K. to amend tax pact
In its continuing drive to check tax evasion and proliferation of black money, India has signed a protocol with the U.K. for amending the convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital gains.
11. IABF to retain Cuban coach
The Indian Amateur Boxing Federation (IABF) has decided to retain the services of Cuban coach Blas Iglesias Fernandez till the next Olympics in Rio (2016).
12. TDP leader Yerram Naidu dies in road accident
Telugu Desam Party’s senior leader and former Union minister K. Yerram Naidu died in a road accident in Andhra Pradesh’s Srikakulam district. He was 55.
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