14 October 2011

• Essam Sharaf : Egyptian PM
• Oil companies stop supply of aviation fuel to Kingfisher Airlines because of mounting dues : Kingfisher cancelled flights that left its passengers stranded in major cities
• King Jigme Khesar Namgyel Wangchuk : Bhutan's 5th monarch
• Married Jetsun Pema at The Palace of Great Happiness of Phunaka, the old capital of Bhutan
• Raj Rajaratnam : Billionaire hedge fund manager, sentenced to 11 year prison by a Manhattan court for securities fraud and conspiracy
• Anand Sharma : Union Minister of Commerce and Industry
• Rahul Khullar : Commerce Secretary
• Ramu S Deora : President of FIEO(Federation of Indian Export Organisations)
• Centre announces Rs.900 Cr package for exporters as Diwali bonanza; 50 products will get special bonus of 1%; Exports to Latin America, Africa and Commonwealth countries will also get 1% bonus
• Food inflation eases to 9.32%
• Centre allowed Central Public Sector Enterprises(CPSEs) to acquire overseas raw material assets in agriculture, mining, manufacturing and power sectors with a 3 year track record of making net profit
• Anup K Pujari : Director General of Foreign Trade(DGFT)
• DGFT announced that it has become India's first digital signature enabled department. The new Foreign Trade Policy introduced a higher level encrypted 2048 bit Digital Signature
• Niryat Bandhu : New scheme for international business mentoring for young turks in international business enterprises, introduced by Foreign Trade department
• The Union Cabinet cleared the Enforcement of Security Interest and Recovery of Debts Laws(Amendment) Bill 2011. The bill amends
• Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act
• Recovery of Debts due to Banks and Financial Institutions(RDBF) Act
• US Senate passed a bill "Currency Exchange Rate Oversight Reform Act of 2011" aimed at punishing China for allegedly manipulating its currency and holding it at an artificially low level
• Cabinet approves ordinance to phase out analogue cable TV by 2014
• M Narendra : CMD of Indian Overseas Bank
• IOB looking to open a second branch in Bangkok
• Rupee declines 17 paise against USD
• IDBI slashes home loan rate by 25-50 basis points
• Sudhir Vasudeva : CMD of Oil & Natural Gas Corporation (ONGC)