Highlights of RBI’s mid-quarter review of monetary policy: RBI - TopicsExpress



          

Highlights of RBI’s mid-quarter review of monetary policy: RBI kept key policy rate, cash reserve ratio unchanged. Repo rate unchanged at 7.75%. Cash reserve ratio unchanged at 4%. Outlook on global growth continues to remain moderate. RBI expects inflation to be contained on vegetable prices going down sharply. High and persistent inflation also increases the risks of exchange rate instability. Angela Merkel: Angela Merkel was on 17 December 2013 elected as the German chancellor for third term by the German Parliament- Bundestag. Shane Shillingford: ICC on 16 December 2013 suspended Shane Shillingford, West Indies offspinner, from bowling in international cricket after his action was found illegal. Michelle Bachelet: Left-wing candidate Michelle Bachelet on 15 December 2013 elected as the Chile President for a second time by a wide margin. Harsh Kumar Bhanwala: Union Government on 15 December 2013 appointed Harsh Kumar Bhanwala as the Chairman of the National Bank for Agriculture and Rural Development (NABARD). Kolkata best in Public Transport among Indian Cities : In a study of the International Association of Public Transport (UTIP) Kolkata was ranked 31st which was the highest among the six cities studied in India. The Study has placed Hong Kong as the best city in public transport followed by Stockholm and Amsterdam. The cities with the worst mode of public transport were Baghdad, Hanoi and Atlanta. Kapil Dev: Kapil Dev on 18 December 2013 selected for the BCCI’s prestigious Col. CK Nayudu Lifetime Achievement award for the year 2013. CVR Rajendran: CVR Rajendran is in news as he has been appointed as the Chairman and Managing Director of Andhra Bank. Artificial Heart Implantation: The first human artificial heart implantation performed in Georges Pompidou Hospital, Paris, recently. Kisan Diwas: Kisan Diwas was observed across the country on 23 December 2013 to celebrate the birthday of Chaudhary Charan Singh. Zaheer Khan: Zaheer Khan became the fourth Indian bowler to claim 300 wickets in Test Cricket in Johannesburg at the Wanderers Stadium. Jacques Kallis was his 300th wicket in international test cricket. With the 300 wickets, Zaheer joined the club of bowlers of India, who has taken 300 wickets namely Kapil Dev (434 wickets), Anil Kumble (619 wickets) and Harbhajan Singh (413 wickets). He also became the most successful left arm fast bowler after Wasim Akram of Pakistan (414 wickets) and Chaminda Vaas of Sri Lanka (355 Wickets). Graeme Swann: Englands Graeme Swann announced retirement from International Cricket. He is the sixth highest Test wicket-takers of England. He took 255 wickets from his 60 matches at an average of 29.96. Abdiweli Sheikh Ahmed: Abdiweli Sheikh Ahmed approved as Prime Minister by Somalian Parliament. Aam Aadmi Party: The Election Commission recognized Aam Aadmi Party as a state party and reserved symbol of broom in Delhi on 19 December 2013. Usha Sangwan: Usha Sangwan appointed first woman Managing Director of Life Insurance Corporation. Mikhail Kalashnikov: Mikhail Kalashnikov, who invented the AK47 weapon died at the age of 94 due to ill-health recently, in Izhevsk, Udmurtia province of Russian Republic. Kalashnikov worked as weapon designer for the Soviet Union’s Red Army during World War II. He designed the AK47 (Avtomat Kalashnikov), which was officially accepted by the Soviet in 1947. South Sudan: The place is in news recently as India evacuated all its employees from the strife torn South Sudan. It has also shut down all its oilfields amid escalating violence in the country. The 11 employees deputed by ONGC Videsh Ltd. at the Greater Nile Oil Project and Block 5A in Sudan working on 40000 barrels per day have been airlifted. 78th Senior National Badminton Championship: Kidambi Srikanth and PV Sindhu won the men’s and women’s titles respectively at the 78th Senior National Badminton Championship in Siri Fort Sports Complex at New Delhi on 23 December 2013. Sidharth Birla: Sidharth Birla, Chairman of Xpro India Limited is in news as he took the charge as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) on 21 December 2013. Sidharth Birla succeeded the HSBC India Country Head Naina Lal Kidwai. Tyler Armstrong: Tyler Armstrong is in news as on 27 December 2013 he became the youngest person to reach the summit of Aconcagua, the highest mountain of America. The nine year old boy of United States climbed the mountain in the Argentine Andes with his father and Tibetan Sherpa, Lhawang Dhondup. Arvind Kejriwal: Arvind Kejriwal, the convener of the newly launched Aam Aadmi Party is in news as he sworn in as the seventh Chief Minister of Delhi on 28 December 2013 at a function in Ramlila Maidan. Lieutenant Governor Najeeb Jung administered the oath of office and secrecy to Kejriwal. He has sworn in as the youngest Chief Minister of Delhi. He is of 45 years in age. Farooq Sheikh: Veteran Bollywood actor Farooq Sheikh died on 28 December 2013 due to heart attack in Dubai. He died at the age of 65. He is survived by wife Rupa and daughters Shaista and Sanaa. He was best known for roles in films like Garam Hawa (1973), Shatranj Ke Khiladi (1977), Noorie (1979), Chashme Baddoor (1981), Umrao Jaan (1981), Bazaar (1982) and Kissi Se Na Kehna (1983) . He won 2010 National Film Award for best supporting actor in Lahore (a sports film). Dr. Karunesh Ganguly and Dr. Hardeep Singh: These two Indian Americans are among 102 scientists who received the Presidential Early Career Awards for Scientists and Engineers. The awards were given by President Barack Obama on 23 December 2013. #prashant Gawali
Posted on: Tue, 18 Mar 2014 16:00:53 +0000

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