Weekly Study Material: June 23- June 29 2014 Banking News ••••••••••••••••••••••••••• • World Bank released a report on power sector reforms in India • RBI permitted NBFCs-ND to work as BCs for banks • HSBC Bank sold its Swiss private banking assets to LGT Bank for 12.5 billion dollar Corporate News •••••••••••••••••••••••••••••••••••• • Air India joined Star Alliance Group • Nivea to set up its first manufacturing plant in India in Sanand, Gujarat • HSBC Bank sold its Swiss private banking assets to LGT Bank for 12.5 billion dollar. • Tamil Nadu government launched Amma Pharmacies to provide low cost medicines. Economy News ••••••••••••••••••••••••••••• • Union Government decided to provide interest free loans of 4400 crore to cash-starved sugar industry. • Union Government granted Navratna Status to EIL and NBCC • Union Government extended the deadline for implementing NFSA by three months • Union Government upgraded NIC-1987 to NIC-2008 to make it more investor friendly. Sports News ••••••••••••••••••••••• • Novak Djokovic won his second Wimbledon title and denied Roger Federer • 35th National Games to be held in Kerela from 31 January to 14 February 2015. • Pankaj Advani won IBSF-6 Red World Snooker title in Egypt. • Saina Nehwal won Australian Open Super Series title. Personalities in News • A.K Dubey appointed as Chairman of Coal India Limited • Srinivasan appointed as first Chairman of ICC • N Srinivasan unanimously elected as chief of TNCA Awards and Honours ••••••••••••••••••••••••••••••••••••••• • Indian sand artist Sudarsan Pattnaik won prize at World Cup of Sand Sculpting-2014 • France announced to honour Shahrukh Khan with Legion of Honour. • UK firm East India Company issued legal tender gold coin in honour of Sachin Tendulkar. Books and Authors This section consists of updates of any new book published or any information about any author. • Book titled Blood Feud: The Clintons vs. the Obamas written by Edward Klein released. • Vice Presidents of India and China release the Encyclopedia of India-China Cultural Contacts in Beijing. Corporate News •••••••••••••••••••••• • Google launched Project Android One to build ultra cheap Smartphones. Economy News Economy news covers issues on budget, stock market; monetary transactions, financial demands of the country. • UNCTAD released World Investment Report 2014. Personalities in News Eminent personalities and their whereabouts come under this category. • Chung Hung Won retained as PM of S Korea. • Indian-origin judge V K Rajah Appointed as 8th Attorney-General of Singapore. • Jean-Claude Juncker named as the next president of the European Commission. ◇°◇°◇°◇°◇°◇°□°□°□°□°□°□°□°□°◇°°◇°°◇° Source: twitter/sansarlochan
Posted on: Mon, 07 Jul 2014 08:36:22 +0000
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