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[News] Economy related

Here are some more news: Im not going into details but you should prepare for MCQs/ interviews:1. Global competitiveness Index 2013, by World Economic Forum: Switzerland on 1st, India on 60th rank2. Only public sector companies will be allowed to explore shale gas3. GAAR Rules will implemented from 1st Apr 20164. Non-Agri trade cannot be done on Saturdays: notifies FMC5. Company Bill passed in parliament6. NABARD act amended to increase cap to 20k crore.

7. Custom duty on gold, silver, platinum hiked8. Our Forex reserves slips down below $280 billion.9. RBIs Q1 review10. RBI: Unique Customer Identification Code (UCIC). For strengthening Know Your Customer

(KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT).11. RBIs KK Vohra panel for loan products12. RBIs CDS norms for corporate bonds13. SEBI: Gold ETF permission14. RBI penalized 6 banks for flouting KYC norms after sting operation from Cobrapost.15. RBI and gold import curbs16. National Housing bank to get $ 100 million loan from World Bank17. Green Banking: attempts to reduce paper wastage/Carbon footprints in banking. Example using net

banking instead of cheque-book18. Rupee downfall. Import duty on gold19. Foreign investment limit in government securities (G-sec) : $ 5 billion20. Chindus 10 points action plan to strengthen economy.21. 5 PSUs come up with 4000MW solar projects22. Committee: Parthasarathi Shome commission for Tax administration reform.23. Sovereign Wealth funds24. Disinvestment cleared for STC and ITDC25. Banking licenses. Winners to be announced by 2014.26. Cement cos get fined for cartelization27. Civil Aviation regulation authority28. Mittal exits Odisha steel project.29. FDI norms relaxed in Aug30. Urea investment policy31. Money laundering bill32. Tax information exchange agreement (TIEA) with Liechtenstein.33. Human development report 201334. EU imposed anti-dumping duty on Indian steel35. Russia became the 156th member of WTO36. Maharatna status for BHEL and GAIL37. RRB act Amendment bill.38. Inflation indexed bonds39. Universal commodity exchange40. MCX-SX: third online shock exchange after BSE and NSE.41. SEZ norms liberalized.42. EPFO to give 8.5% interest43. Saxo Bank Denmark, entered India.44. Sugar price decontrol after Rangarajan Panel.45. SARADHA groups scam, West Bengal.46. Debt Waiver scheme: launched in 2008. CAG report talks about scam in this.47. Forward market commissions Administrative control:

a. Before: Department of consumer affairs under Agro minb. Now: under Chindu (Finance ministry)c. FMC statutory body. This move done because of NSEL scamd. RBI asks Banks to end Zero interest EMF(Equated Monthly interest ) Scheme

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e. SBI to expand CASH DEPOSIT MACHINES(CDM) to tap portion of currency within peoplef. SEBI debarred DSQ software from entering capital market for 7 yearsg. SEBI merges FIIs and QFIs into new FPIs categoryh. INDIA BANK launches Combo loan(Home, Vehicle & Consumer Durables loan @ 10.2%)

[News] Infrastructure related

Transport/Communication

1. Double decker trains between Chennai to Bangalore.2. Mumbais eastern Free way

3. Benihal Qazigunz rail link4. Worlds highest railbridge @River Chinab- will connect Baramulla & Srinagar to Jammu.5. Andaman Grand Trunk Road: SC Banned Tourists to protect jarva tribe6. Ghat ki guni Tunnel-Links jaipur with agra via NH-117. Kishan Ganga Hydro Project, Gurez valley North Kashmir. Court of Arbitration permitted India to go

ahead under Indus-Water Treaty 19608. Biotoilets in all trains by 20199. Metro rail= Already in Delhi, Kolkata, Chennai and Banglore. New plans for Lucknow (2014), Raipur,

Cochi, Hyd, Mumbai.10. Pir Panjal tunnel: connect Jammus Banihal with Kashmirs Kazigund. (railways). This will be Asias 2nd

longest railway tunnel.11. Jawahar Tunnel or Banihal Tunnel: connecting between Banihal and Qazigund on NH 1A (Highway).

12. SMS based railway ticket booking: 139 or 567671413. DIESEL LOCOMOTOIVE engines roll out Indias most powerful engine -5500 CC(WGD5 prototype)14. Cabinet gave approval to setup ports @Sagar, WB. And @Andhra15. Gobalpur port, Odisha: new all-weather port.16. Telegram service permanently stopped. 1850: first telegram was between Kolkata and Diamond Harbour17. Mukesh will use Anils optical fiber network to laydown 1.2 lakh km national fiber network for his

Reliance Jio Infocomm. This will help in 4G broadband.18. National internet registry for managing IP addresses.19. SISTEMA SHYAM TELESERVICES(MTS BRAND) become the 1st company to get Unified License

from Gov.Economy related IR

1. Gwadar Port: Pakistan handed over to china2. Colombo port Project: China developing this.3. Chabahar port, Iran: India helping to develop this.4. Sri Lankas Northern Railway project: Indian railministrys IRCON financed this.5. Indias Currency swap agreements with Japan and Bhutan.6. Social security agreement with Portugal, Austria.7. Tax information exchange agreement with Gibraltar.8. Teesta water treaty with Bangladesh9. Double taxation avoidance treaty/convention/treaty (DTAC) with Latvia, Albania, Sweden, South Korea,

UK10. Indo-Japan pact on rare earths.

Power/Energy/Environment/Science

1. Indias first Geo-thermal power Plant: at Tatapani, Balrampur, Chattisgarh by NTPC.2. Okhla Compost Plant, Delhi: Indias first plant to receive carbon credit under UNFCC.3. Rashtriya Adarsha Vidhyalaya by Union government + Indian corporates via PPP4. Kundankulam Nucl plant, TN, by NPCIL. SC gave it permission5. Asias largest solar project @Jodhpur Rajasthan by Welspun energy.6. Tawang Hydel project: Tawang chu river in Arunanchal.7. 4000MW Ultra Mega green solar power project @Sambhar lake, Rajasthan8. Barmer, Rajasthan: Cairn India found oil in Rageshwari Block.9. Bureau of water use efficiency=>National watermission=>National action plan on climate change.10. National plan for aquatic ecosystems by merging Lake conversation and Wetland conservation programs.11. GM trials for castor oil, maize and wheat cleared by MoEFs GEAC.12. Karnataka watershed project gets $60 million loan from world bank

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13. E-business portal, designed by Infosys for Commerce Ministry to promote government to businessconnectivity.

14. Coal gate, missing files.15. RTS,S Vaccine by GlaxoSmithKline for Malaria trial successful16. JENVAC- Indias Indigenous Vaccine to prevent Japanese Encephalitis(Mosquito born)-Produced by

PPP mode (Bharat Biotech & Indian council of Medical Research)Some new Schemes/initiatives:

1. Zero Landless project: started in Kerala

2. Teleradiology service: started in Guwahati by Health ministry. Itll help sending x-ray / CT scans fromregional hospitals to speciality hospitals across India.3. All women University @Rae Bareli in UP4. Urban Health mission 20135. National skill development agency, autonomous body.6. Roshni skill development project for Naxal hit areas7. First public health university in India: at Bhuveneshwar Orissa.via PPP.8. Rashtriya Bal Swastha Karyakram launched from Thane.9. MyIndia Initiative- Digital Volunteer Programme. By Ministry of Info and Broadcasting, to talk about

Government schemes and programmes on different social media platforms10. Adhar/UIDAI unnecessary for government scheme benefits- Government tells SC

Bills/ Acts1. India became the first country in South Asia toban cosmetic product testing on animals. Guiltywill be punished under drugs and cosmetics act

2. Himachal Pradesh becomes the first smoke-freestate in the country under the cigarettes andother tobacco products at 2003

3. Kerala: Liquor purchase age is increased from18 to 21

4. Tamil Nadus new litigation policy5. National water framework bill6. Sexual harassment bill7. Land acquisition bill8. Electronic delivery of services bill9. Ordinance/bill to protect convicted MPs.10. Manual scavenging bill11. Judicial appointment bill12. Pension bill13. SEBI amendment bill14. Banking Amendment15. Criminal law (Amendment) bill 2013 against

rape, Anti-Rape ordinance16. Juvenile Justice Act & Delhi rape case.17. Citizens charter bill18. Food security bill/ordinance19. Real Estate regulation bill20. Telengana the 29th State21. CICs order on Political parties coming Right

to information act vs Government trying toamend RTI act to counter it.

22. National Integration council meet in NewDelhi.

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