1. India successfully launches 100th space mission
India today reached a milestone in the fifty years of space program by a landmark of 100th space mission.
A PSLV-C-21 carrying the heaviest French satellite SPOT 6 and 15 Kg Japanese satellite PROITERES was lifted off successfully at 9.51 hours from the Satish Dhawan Space Centre Sriharikota.
2.Dr. Verghese Kurien, father of India's White Revolution passes away
Dr. Verghese Kurien, the Father of the White Revolution, passed away in the early hours today, after a brief illness. He was 91.
NOTE:- Dr. Kurien was the architect of India’s White Revolution, which helped India emerge as the largest milk producer in the world.
3.UP govt launched unemployment allowance scheme
Uttar Pradesh ruling Samajwadi party government today launched unemployment allowance scheme at a special programme organized in Lucknow.
The Chief Minister Akhilesh Yadav distributed cheques to 10500 unemployed youth hailing from 7 districts of Lucknow, Unnao, Hardoi, Sitapur, Lakhimpur Kheri, Raibareilly and Kanpur Nagar.
4.Govt plans to interlink 24000 post offices in 2 years
Union Government is planning to inter-connect 24,000 post offices within two years that will allow customers to access their accounts from any of these branches and enjoy ATM facility.
NOTE:- In this connection, Department of Post will soon start a three-month pilot project across 122 Post Offices on the lines of core banking technology.
5.Govt invites bids for stake sale in NALCO, NMDC
Stakes of two State owned Navratnas - NMDC and NALCO - are to be further disinvested. The Department of Disinvestment has invited bids from merchant bankers for further divesting the governments.
6. India and Pak sign new liberalised visa agreement
India and Pakistan on Saturday signed the much-awaited liberalised visa agreement, introducing for the first time group tourist and pilgrim visas, separate visa for businessmen and visa on arrival for those over 65 years of age.
7. Cabinet gave a nod to two subsidiaries of Air India: AIESL and AITSL
To split off the ground handling and engineering services of Air India, Union cabinet under the chairmanship of Prime Minister Dr. Manmohan Singh approved a proposal of Rs 768 crore. Now the two units Air India Engineering Services Limited (AIESL) and Air India Transport Services Ltd. (AITSL) will be operational as two completely owned subsidiaries and treated as separate profit centers.
8. Padamshree Dr. AN Purohit awarded with Shiksha Ratna Award by Petroleum University
The University of Petroleum and Energy Studies on the occasion of teacher’s day felicitated Dr. AN Purohit with Siksha Ratna Award.
NOTE:- Dr. Purohit is a former vice-chancellor of HNB Garhwal University. Dr Purohit has widely worked in the Himalayan belt, particularly in Uttarakhand, on specific subject of plant physiology, ecophysiology of trees and the environment. He was awarded Padmashree in 1997 by the President.
9. Dr. KC Abraham awarded with Business Excellence Award
Managing Director of Kunnath Pharmaceuticals and the producer of world famous Musli Power X-tra won Switzerland Business Excellence Award 2012 at Zurich, Switzerland. He got shortlisted for the award because of his visionary leadership skill, hard working nature and dedication.
10. Union cabinet approved interest subsidy for farmer loans
Union Cabinet gave its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD enabling them to provide short-term crop loans of up to Rs 3 lakhs to farmers at 7% p.a. during the year 2012-13.
It was also decided to provide additional interest subsidy of 3% p.a. to those farmers who repay loans within one year of disbursement in the current fiscal year also the release of 10901 crore Rupees as interest subvention for 2012-13 was allowed.
11.India ranked to be 59th in the report released by World Economic Forum
India slipped down with 3 ranks to 59th position from its previous year ranking in the Global Competitiveness Report 2012-2013 released by the World Economic Forum. The identified reason for this downfall is India’s disappointing performance in satisfying competitiveness for the basic factors.
Switzerland managed to be on top of the list for consecutive four years followed by Singapore that ranked second and Finland was placed at third position. Among the members of BRICKS Nations, Russia was placed at 67th Position, South Africa got 52nd position and Brazil remained to be the 48th Nation.
12. ICICI Bank to extend its net banking services through social media platform ‘Facebook’
ICICI Bank announced that it is going to launch its services on social media platform ‘Facebook’ in order to expand its internet banking services. ICICI is among the first banks to start its online presence and the only bank that allows non-cash transactions i.e. requests for cheque books, account statement enquiry and more. The bank has plans of allowing debit and credit transactions in the near future.
13. Sachin Pilot commissioned as a Lieutenant in Territorial Army
Indian Union Minister of state for Telecommunication and Information Technology is commissioned to be a Lieutenant in Territorial Army.
With this he has turned up to be a part of ‘124 TA (Sikh) Battalion’ the one also known by the name of ‘Urban Concept’ battalion.
14. Mamta Banerjee listed among 50 most influencing finance personality
he ‘Bloomberg Markets’ magazine has included West Bengal Chief Minister Mamta Banerjee in the list of 50 most influential people in the finance category.
The other leading personalities included in that category were Business Tycoon Warren Buffet, Founder of Facebook Mark Zuckerberg and Hyundai’s chairman Chung Mong Koo.
Mamta Banerjee is included in the policy-makers section and is sharing space with US federal chairman Ben S Bernanke, European Central Bank’s President Mario Draghi and Burmese opposition leader Aung San Suu Kyi.
15. Government cleared Rs 808 crore FDI proposal by Cloverdell
Mauritius based, Cloverdell Investments Ltd. got a clearance for their foreign direct investment proposal of investing Rs 808 crore.
India today reached a milestone in the fifty years of space program by a landmark of 100th space mission.
A PSLV-C-21 carrying the heaviest French satellite SPOT 6 and 15 Kg Japanese satellite PROITERES was lifted off successfully at 9.51 hours from the Satish Dhawan Space Centre Sriharikota.
2.Dr. Verghese Kurien, father of India's White Revolution passes away
Dr. Verghese Kurien, the Father of the White Revolution, passed away in the early hours today, after a brief illness. He was 91.
NOTE:- Dr. Kurien was the architect of India’s White Revolution, which helped India emerge as the largest milk producer in the world.
3.UP govt launched unemployment allowance scheme
Uttar Pradesh ruling Samajwadi party government today launched unemployment allowance scheme at a special programme organized in Lucknow.
The Chief Minister Akhilesh Yadav distributed cheques to 10500 unemployed youth hailing from 7 districts of Lucknow, Unnao, Hardoi, Sitapur, Lakhimpur Kheri, Raibareilly and Kanpur Nagar.
4.Govt plans to interlink 24000 post offices in 2 years
Union Government is planning to inter-connect 24,000 post offices within two years that will allow customers to access their accounts from any of these branches and enjoy ATM facility.
NOTE:- In this connection, Department of Post will soon start a three-month pilot project across 122 Post Offices on the lines of core banking technology.
5.Govt invites bids for stake sale in NALCO, NMDC
Stakes of two State owned Navratnas - NMDC and NALCO - are to be further disinvested. The Department of Disinvestment has invited bids from merchant bankers for further divesting the governments.
6. India and Pak sign new liberalised visa agreement
India and Pakistan on Saturday signed the much-awaited liberalised visa agreement, introducing for the first time group tourist and pilgrim visas, separate visa for businessmen and visa on arrival for those over 65 years of age.
7. Cabinet gave a nod to two subsidiaries of Air India: AIESL and AITSL
To split off the ground handling and engineering services of Air India, Union cabinet under the chairmanship of Prime Minister Dr. Manmohan Singh approved a proposal of Rs 768 crore. Now the two units Air India Engineering Services Limited (AIESL) and Air India Transport Services Ltd. (AITSL) will be operational as two completely owned subsidiaries and treated as separate profit centers.
8. Padamshree Dr. AN Purohit awarded with Shiksha Ratna Award by Petroleum University
The University of Petroleum and Energy Studies on the occasion of teacher’s day felicitated Dr. AN Purohit with Siksha Ratna Award.
NOTE:- Dr. Purohit is a former vice-chancellor of HNB Garhwal University. Dr Purohit has widely worked in the Himalayan belt, particularly in Uttarakhand, on specific subject of plant physiology, ecophysiology of trees and the environment. He was awarded Padmashree in 1997 by the President.
9. Dr. KC Abraham awarded with Business Excellence Award
Managing Director of Kunnath Pharmaceuticals and the producer of world famous Musli Power X-tra won Switzerland Business Excellence Award 2012 at Zurich, Switzerland. He got shortlisted for the award because of his visionary leadership skill, hard working nature and dedication.
10. Union cabinet approved interest subsidy for farmer loans
Union Cabinet gave its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD enabling them to provide short-term crop loans of up to Rs 3 lakhs to farmers at 7% p.a. during the year 2012-13.
It was also decided to provide additional interest subsidy of 3% p.a. to those farmers who repay loans within one year of disbursement in the current fiscal year also the release of 10901 crore Rupees as interest subvention for 2012-13 was allowed.
11.India ranked to be 59th in the report released by World Economic Forum
India slipped down with 3 ranks to 59th position from its previous year ranking in the Global Competitiveness Report 2012-2013 released by the World Economic Forum. The identified reason for this downfall is India’s disappointing performance in satisfying competitiveness for the basic factors.
Switzerland managed to be on top of the list for consecutive four years followed by Singapore that ranked second and Finland was placed at third position. Among the members of BRICKS Nations, Russia was placed at 67th Position, South Africa got 52nd position and Brazil remained to be the 48th Nation.
12. ICICI Bank to extend its net banking services through social media platform ‘Facebook’
ICICI Bank announced that it is going to launch its services on social media platform ‘Facebook’ in order to expand its internet banking services. ICICI is among the first banks to start its online presence and the only bank that allows non-cash transactions i.e. requests for cheque books, account statement enquiry and more. The bank has plans of allowing debit and credit transactions in the near future.
13. Sachin Pilot commissioned as a Lieutenant in Territorial Army
Indian Union Minister of state for Telecommunication and Information Technology is commissioned to be a Lieutenant in Territorial Army.
With this he has turned up to be a part of ‘124 TA (Sikh) Battalion’ the one also known by the name of ‘Urban Concept’ battalion.
14. Mamta Banerjee listed among 50 most influencing finance personality
he ‘Bloomberg Markets’ magazine has included West Bengal Chief Minister Mamta Banerjee in the list of 50 most influential people in the finance category.
The other leading personalities included in that category were Business Tycoon Warren Buffet, Founder of Facebook Mark Zuckerberg and Hyundai’s chairman Chung Mong Koo.
Mamta Banerjee is included in the policy-makers section and is sharing space with US federal chairman Ben S Bernanke, European Central Bank’s President Mario Draghi and Burmese opposition leader Aung San Suu Kyi.
15. Government cleared Rs 808 crore FDI proposal by Cloverdell
Mauritius based, Cloverdell Investments Ltd. got a clearance for their foreign direct investment proposal of investing Rs 808 crore.
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