Saturday, 22 October 2011

22 October 2011

  • Some parts of Kashmir may soon be free from Disturbed Areas Act (DAA) paving way for withdrawal of Armed Forces Special Powers Act (AFSPA)
  • Pakistan elected as a non-permanent member for 2-year term in UN Security Council from 1 Jan 2012
  • Hina Rabbani Khar : Pakistan Foreign Minister
  • Hillary Clinton : US Secretary of State
  • Railway Protection Force (RPF) Commemoration Day observed on 21/10
  • NABARD sanctioned 3609 project costing Rs.4257Cr & loan assistance of Rs.3427Cr to Kerala, under RIDF Tranche I to XVI (1995-96 to 2010-11)
  • State Bank of Travancore net profit at Rs.580Cr in 1st half
  • Rathan Kelkar : Director of Grand Kerala Shopping Festival (GKSF)
      • South Indian Bank to be sponsor of GKSF
  • Ashok Leyland : owned by Hinduja Group
      • enters Light Commercial Vehicle (LCV) segment
  • APSingh : CBI Director
  • Section 10-A of the Representation of the People Act 1951 : "...provide true & correct account of election expenses..."
      • Election Commission of India disqualified Umlesh Yadav, sitting MLA, UP under this section
  • "Mercury is one of the top 10 chemicals of public health concern & is highly toxic" - WHO (World Health Organisation)
      • Talks of treaty to ban mercury rises
  • India-Myanmar to double bilateral to $3b by 2015
  • Baburam Bhattarai : Nepal PM, visits India
      • India expressed broad support to the peace & constitutional process underway in Nepal
      • formalised Bilateral Investment Promotion & Protection Agreement (BIPPA), which commits one State to provide compensation to commercial entities, whose country of origin is the other, particularly in case of wars, national emergencies & armed conflicts
      • Pranab Mukherjee (Finance Minister) & Anil Jha (Industry Minister of Nepal) signed a pact to promote investment flows between the 2 countries
      • EXIM Bank of India & Finance Ministry of Nepal signed a MoU (Memorandum of Understanding) in providing $250m line of credit to Nepal at a concessional rate of 1.75% per annum
      • India to provide grant assistance for a goiter control programme in Nepal
      • Both sides failed to agree on a DTAA (Double Taxation Avoidance Agreement)
  • Shakti-2011 : a joint exercise by Indian & French armies
  • Supreme Court of India directed Jaypee Sports International to deposit 25% of ticket sales in 'no-lien' account - account from which withdrawal is not possible with out the court's permission
  • Soyuz : Russian spacecraft's maiden launch from Kourou, French Guiana
      • Put 2 Europe's first GPS satellites into orbit
      • Galileo : Global Positioning System (GPS) of Europe
  • Public Sector Banks (State-run banks led by SBI, Central Bank, Syndicate Bank & Canara Bank) decided to raise home loan tenor to 25-30 yrs or till the borrower touches the age of 70yrs
      • SBI to extend tenor to 10-30yrs or till the borrower touches the age of 70 yrs
  • Petroleum & Natural Gas Ministry to award Oil, Gas blocks under NELP-IX (New Exploration Licensing Policy's 9th round) by next month end
  • Dun & Bradstreet-Axis Bank Infra Awards 2011 : 2 awards claimed by Ramky Infrastructure Ltd
      • 80mld(million litres daily) Sewage treatment plant in Mumbai bags Urban Infrastructure Development Award
      • Jawaharlal Nehru Pharma City in Vizag bags Public Private Partnership Award
  • Abhijeet Gupta : Former World Junior Chess Champ
      • Claimed his maiden National Chess Title
  • Vijaya Emani : Indian-American Activist
      • US President Barack Obama honoured her posthumously with Presidential Citizens Medal
      • for her courage in overcoming & speaking out against domestic abuse in Indian-American community
      • US's Second-Highest Civilian Honour
  • Some bank related abbreviations
      • CRAR : Capital to Risk Weighted Assets Ratio
      • NIM : Net Interest Margin
      • CoD : Cost of Deposits
      • YoA : Yield on Advances

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