1. RBI may ease monetary policy
Reserve Bank of India (RBI), may ease monetary policy as early as January as price pressures ease in Asia's third-largest economy in the first part of next year on the back of slower growth.
NOTE:- Growth in India has slumped to around 5.5 percent a year, far below the 9 percent rate it was clocking before the 2008 global financial crisis, while high inflation undermines domestic consumption. Pressure has been mounting for lower interest rates, and the RBI last week put markets on notice that it may ease in the first quarter of 2013, although it did not specify when.
2. Sachin conferred order of Australia Award
Master Blaster Sachin Tendulkar today conferred with the prestigious membership of the Order of Australia at a function in Mumbai.
NOTE:- The award was conferred on him by Simon Crean, Australia's Minister for Regional Australia, Regional Development and Local Government and Minister for the Arts.
3. United States of America votes to elect its new President.
Voting begins for the Presidential election in the US.
Ahead of elections one opinion poll gaves the President a slight lead over his Republican challenger Mitt Romney.
NOTE:- The Washington Post-ABC news poll is the latest to show that Barrack Obama has a slender lead going into election day. Fifty per cent of likely voters say that they will support him. Forty-seven per cent favour Mitt Romney.
4. ONGC sold 26 percent Stakes to Japan’s Inpex Corp
Inpex Corp, Japan’s largest oil firm acquired 26 percent stake of Krishna Godavari basin of deep sea block of Oil and Natural Gas Corporation (ONGC).
Both the firms have signed the agreement on the strategic partnership for exploration of hydrocarbons in one of the land area of KG Basin.
NOTE:- Inpex is known for the expertise that it carries in deep water exploration, would be spending $35 million initially as its part of its share, which was already invested in the past by the consortium.
5. Cricketer Vernon Philander Named South-African Sportsman of the Year 2012
South African fast bowler Vernon Philander at the South African Sports Awards ceremony in Sandton named Sportsman of the year beating two Olympic gold medallists for the award.
NOTE:- The top title of Sports Star of the Year went to Olympic gold-medallist swimmer Chad Le Clos who had won gold in the men's 200m butterfly at the London Olympic Games 2012.
6. Gov. of Odisha Slapped 6000 crore Rupees fine on Tata Steel for Illegal Mining
The Odisha government had slapped a fine of about 6000 crore Rupees on Tata Steel for its alleged involvement in illegal and excess mining at its captive mines.
NOTE:- It was the Deputy Director of Mines (DDM) of Joda mining circle who had slapped fine on steelmaker and on other iron ore producers on charges of illegal and excess mining.
7. India, Canada agree to operationalise civil nuclear cooperation pact
India and Canada today concluded negotiations on operationalising the bilateral Civil Nuclear Cooperation Agreement signed in 2010 in Toronto. This was announced at a joint press conference by the Prime Minister, Dr. Manmohan Singh and the visiting Canadian Harper counterpart Stephen after holding talks at Hyderabad House in New Delhi this evening. The conclusion of negotiations will enable Canadian firms to export uranium and nuclear reactors to India.
8. NADDP Suspended 11 Athletes for Two Years on Charges of Doping
National Anti-Doping Disciplinary Panel (NADDP) suspended all the 11 athletes for two years, who were tested positive with methylhexaneamine (MHA) in the run-up of the last Commonwealth Games. NOTE:- The decision came-up after a twenty five months long hearing process and the suspension would be in effect from the date of decision making.
9. Asian Kabbadi Championship: India runners up
India came runners up in the Asian Kabbadi Championship, staged in Lahore, while hosts Pakistan emerged Champions. In the Punjab Stadium the Indian coach Gurmail Singh was punished by the referee for disrupting the match, after which the Indian team walked out in protest leading to Pakistan being declared winners. At that time Pakistan were 40-31 ahead of the Indian team.
10. PM re-constitutes GoM on Media
Prime Minister has re-constituted the Group of Ministers on Media by inducting new faces including newly appointed Information and Broadcasting Minister Manish Tewari. Besides Mr Tewari, the new members are Law Minister Ashwani Kumar and Parliamentary Affairs Minister Kamal Nath.
NOTE:- The re-constitution of the GoM was necessitated following resignation of Ambika Soni as Information and Broadcasting Minister and shifting of Pawan Kumar Bansal from Parliamentary Affairs to Minsitry of Railways.
Reserve Bank of India (RBI), may ease monetary policy as early as January as price pressures ease in Asia's third-largest economy in the first part of next year on the back of slower growth.
NOTE:- Growth in India has slumped to around 5.5 percent a year, far below the 9 percent rate it was clocking before the 2008 global financial crisis, while high inflation undermines domestic consumption. Pressure has been mounting for lower interest rates, and the RBI last week put markets on notice that it may ease in the first quarter of 2013, although it did not specify when.
2. Sachin conferred order of Australia Award
Master Blaster Sachin Tendulkar today conferred with the prestigious membership of the Order of Australia at a function in Mumbai.
NOTE:- The award was conferred on him by Simon Crean, Australia's Minister for Regional Australia, Regional Development and Local Government and Minister for the Arts.
3. United States of America votes to elect its new President.
Voting begins for the Presidential election in the US.
Ahead of elections one opinion poll gaves the President a slight lead over his Republican challenger Mitt Romney.
NOTE:- The Washington Post-ABC news poll is the latest to show that Barrack Obama has a slender lead going into election day. Fifty per cent of likely voters say that they will support him. Forty-seven per cent favour Mitt Romney.
4. ONGC sold 26 percent Stakes to Japan’s Inpex Corp
Inpex Corp, Japan’s largest oil firm acquired 26 percent stake of Krishna Godavari basin of deep sea block of Oil and Natural Gas Corporation (ONGC).
Both the firms have signed the agreement on the strategic partnership for exploration of hydrocarbons in one of the land area of KG Basin.
NOTE:- Inpex is known for the expertise that it carries in deep water exploration, would be spending $35 million initially as its part of its share, which was already invested in the past by the consortium.
5. Cricketer Vernon Philander Named South-African Sportsman of the Year 2012
South African fast bowler Vernon Philander at the South African Sports Awards ceremony in Sandton named Sportsman of the year beating two Olympic gold medallists for the award.
NOTE:- The top title of Sports Star of the Year went to Olympic gold-medallist swimmer Chad Le Clos who had won gold in the men's 200m butterfly at the London Olympic Games 2012.
6. Gov. of Odisha Slapped 6000 crore Rupees fine on Tata Steel for Illegal Mining
The Odisha government had slapped a fine of about 6000 crore Rupees on Tata Steel for its alleged involvement in illegal and excess mining at its captive mines.
NOTE:- It was the Deputy Director of Mines (DDM) of Joda mining circle who had slapped fine on steelmaker and on other iron ore producers on charges of illegal and excess mining.
7. India, Canada agree to operationalise civil nuclear cooperation pact
India and Canada today concluded negotiations on operationalising the bilateral Civil Nuclear Cooperation Agreement signed in 2010 in Toronto. This was announced at a joint press conference by the Prime Minister, Dr. Manmohan Singh and the visiting Canadian Harper counterpart Stephen after holding talks at Hyderabad House in New Delhi this evening. The conclusion of negotiations will enable Canadian firms to export uranium and nuclear reactors to India.
8. NADDP Suspended 11 Athletes for Two Years on Charges of Doping
National Anti-Doping Disciplinary Panel (NADDP) suspended all the 11 athletes for two years, who were tested positive with methylhexaneamine (MHA) in the run-up of the last Commonwealth Games. NOTE:- The decision came-up after a twenty five months long hearing process and the suspension would be in effect from the date of decision making.
9. Asian Kabbadi Championship: India runners up
India came runners up in the Asian Kabbadi Championship, staged in Lahore, while hosts Pakistan emerged Champions. In the Punjab Stadium the Indian coach Gurmail Singh was punished by the referee for disrupting the match, after which the Indian team walked out in protest leading to Pakistan being declared winners. At that time Pakistan were 40-31 ahead of the Indian team.
10. PM re-constitutes GoM on Media
Prime Minister has re-constituted the Group of Ministers on Media by inducting new faces including newly appointed Information and Broadcasting Minister Manish Tewari. Besides Mr Tewari, the new members are Law Minister Ashwani Kumar and Parliamentary Affairs Minister Kamal Nath.
NOTE:- The re-constitution of the GoM was necessitated following resignation of Ambika Soni as Information and Broadcasting Minister and shifting of Pawan Kumar Bansal from Parliamentary Affairs to Minsitry of Railways.
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