Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Current Affairs 08.12.12


Published on

  • Be the first to comment

  • Be the first to like this

Current Affairs 08.12.12

  1. 1. CURRENT AFFAIRS (December 08, 2012) Bank of India (RBI) signed Currency Swap Agreement with Bank ofJapanPublished on: 05-DEC-2012The Reserve Bank of India on 4 December 2012 signed a three year Bilateral SwapArrangement (BSA) with the Bank of Japan for swapping of the local currencies toaddress short-term liquidity problems....Core Sectors of Indian Economy Grew By 6.5 Percent in October 2012Published on: 01-DEC-2012Eight core sectors of the Indian Economy grew by 6.5 percent, the eight-monthhigh in October 2012-2013 in comparison to 0.4 percent in same time period lastyear, the official data revealed on 30 November 2012Economic Growth Declined in July-September Quarter of 2012-2013 FiscalYearPublished on: 30-NOV-2012The economy of India grew just by 5.3 percent in July-September quarter of thisfiscal year 2012-2013
  2. 2. National Cancer Institute and a National Cardio Care Centre to be developedat JhajjarPublished on: 25-NOV-2012The Union Government of India on 24 November 2012 announced to set up aNational Cancer Institute (NCI) and a National Cardio Care Centre (NCCC) at thesecond campus of All-India Institute of Medical Sciences (AIIMS) in Badhsavillage of Jhajjar, Haryana during the inauguration of the Outreach OPD of theAIIMS-II campus spread over 300 acresUnion Coal Ministry decided to deallocate Four Coal Blocks allotted to 15FirmsPublished on: 24-NOV-2012The Union Coal Ministry decided to deallocate four coal blocks allotted to 15firms, including JSW Steel and Bhushan Steel and StripsCabinet Committee on Economic Affairs approved 9.5 percent StakeDisinvestment in NTPCPublished on: 23-NOV-2012The Cabinet Committee on Economic Affairs (CCEA) approved the disinvestmentof 9.5 percent Government Stake in the Maharatna PSU-National Thermal PowerCorporation (NTPC) on 22 November 2012 from its holding of 84.50 percent
  3. 3. India signed 70 million US Dollar loan agreement with World BankPublished on: 23-NOV-2012Government of India on 22 November 2012 signed a 70-million US Dollar loanagreement with World Bank for financing the Karnataka Health SystemsDevelopment as well as Reform ProjectReserve Bank of India asked Banks not to Provide Loans for Purchase ofGoldPublished on: 20-NOV-2012The Reserve Bank of India, in its notification released on 19 November 2012directed banks not to provide loans to its customers for purchase of all types ofgold, which includes primary gold, jewellery, bullion, gold coins, units of GoldExchange Traded Funds (ETF) and units of gold mutual funds.Petrol Price in India slashed by 95 Paise due to fall of Prices in InternationalMarketPublished on: 16-NOV-2012Petrol Prices in Indian market on 15 November 2012 was slashed by 95 paise perlitre
  4. 4. Oman Banned Import of Eggs and Chicken from IndiaPublished on: 16-NOV-2012The Sultanate of Oman on 10 November 2012 issued an official decree banning theimport of eggs and chicken from IndiaIncome Ceiling for LIG raised by Union Government of IndiaPublished on: 15-NOV-2012The Union Government of India on 15 November 2012 decided to raise cap on theannual income which is required for qualification for the benefits under the presenthousing schemes for the Low Income Groups (LIG) as well as EconomicallyWeaker Sections (EWS)Union Cabinet of India cleared Proposal for Spectrum SharingPublished on: 14-NOV-2012The Union Cabinet of India on 8 November 2012 approved levy of about 31000crore rupees as one-time spectrum charge to be implemented on all incumbenttelecom operators like Bharati Airtel, Vodafone, Idea and others
  5. 5. Retail Inflation in India rose to 9.75 percent in October 2012Published on: 14-NOV-2012The data on retail inflation was released by the Government of India on 11November 2012. The retail inflation in India rose to 9.75 percent in the month ofOctober 2012 after being measured on the scale of Consumer Price Index (CPI)Civil Aviation Ministry approved New Traffic Rights to Indian CarriersPublished on: 11-NOV-2012The Civil Aviation Ministry in the first week of November 2012 approved newtraffic rights to Indian carriers for the next three seasonsSouth African Government Rolled Out Nelson Mandela Bank NotesPublished on: 07-NOV-2012The South African Reserve Bank on 6 November 2012 rolled out new bank notesbearing the face of the country’s first black President Nelson Mandela marking itas a tribute to him...Government decided to digitize Cable TV Network in Thirty Eight CitiesPublished on: 07-NOV-2012The Union Government of India on 6 November 2012 decided to digitize CableTV network in thirty eight cities
  6. 6. GAIL and RSPCL signed an Agreement of Joint Venture on Gas SupplyPipeline ProjectPublished on: 06-NOV-2012The GAIL Gas Limited and the Rajasthan State Petroleum Corporation Limited(RSPCL) signed an agreement of Joint Venture on 5 November 2012 to lay downthe natural gas supply pipeline in the stateGovernment of India announced Minimum Support Price for CottonPublished on: 03-NOV-2012The Union Government on 2 October 2012 announced a revised Minimum SupportPrice (MSP) for cotton and this would help in inducing stabilization in cotton priceRBI kept Repo Rate unchanged at 8 Percent with cutting of CRR by 0.25 PercentPublished on: 30-OCT-2012The RBI on 30 October 2012 left interest rates unchanged but had cut the cashreserve ratio for banks and indicated that it is going to cut monetary policy furtherin the January-March 2013 quarter, with inflation remaining a near-term concern.
  7. 7. Northern Railways introduced Pink Coloured Tatkal FormsPublished on: 19-OCT-2012The Northern Railways on 18 October 2012 introduced Pink coloured forms forTatkal reservationRBI Expanded the Lending Norms on Priority SectorsPublished on: 18-OCT-2012The Reserve Bank of India (RBI) on 18 October 2012 extended the lending’s onthe Priority sectors like housing, agriculture, small and medium enterprises, andexpanded the scope of bank loans for these sectors up to 2 crore RupeesCivil Aviation Ministry announced omission of Airport Development Fee fromJanuary 2013Published on: 17-OCT-2012The Civil Aviation Ministry on 16 October 2012 announced to abolish the airportdevelopment fee on Delhi and Mumbai Airports, from January 2013Exports in India witnessed 11 percent dip in the month of September 2012Published on: 12-OCT-2012The Commerce Ministry on 11 October 2012 released a data that showcased thedip of 11 percent in exports and rise of 5.1 percent in imports
  8. 8. Pilot Projects for development of People Friendly Roads approvedPublished on: 12-OCT-2012C.P. Joshi, the Union Minister of Road Transport and Highways on 11 October2012, approved two pilot projects for development of People Friendly RoadsU.S. Treasury Secretary Discussed Economy and Trade Barriers with IndiaPublished on: 11-OCT-2012U.S. Treasury Secretary Timothy F. Geithner and Indian Finance MinisterP.Chidambaram for the third annual meeting of the India-U.S. Economic andFinancial Partnership on 9 October 2012 discussed lowering trade barriers andextending ways to expand capital marketsSecurity Deposit on New connection of LPG Cylinder increasedPublished on: 10-OCT-2012Union Ministry of Petroleum and Natural Gas on 9 October 2012 approved theincrease in the onetime security deposit on availing a new LPG CylinderconnectionIMF Slashed India’s growth forecast for 2012 to 4.9 PercentPublished on: 10-OCT-2012The International Monetary Fund (IMF) on 9 October 2012 had slashed India’sgrowth forecast to 4.9 per cent for 2012 due to low business confidence andsluggish structural reforms
  9. 9. To enhance surveillance 400 CCTV cameras installed at 10 railway stations inDelhi, NCRPublished on: 10-OCT-2012Northern Railways, Delhi Division on 9 October 2012 finished installation ofabout 400 CCTVs at 10 different stations of Delhi to enhance security andsurveillanceUnion Government approved 14 FDI proposals worth 113.35 crore RupeesPublished on: 09-OCT-2012The Union Government of India approved fourteen foreign direct investment (FDI)proposals, which would bring in the capital inflow of 113.35 Crore RupeesWebsite for SMS alerts and Rail passenger enquiry launched by RailwaysPublished on: 06-OCT-2012Economy Current Affairs October 2012. Indian Railways on 4 October 2012introduced a brand new website and SMS service to provide real-time details ofrunning trains