Latest News on 5th October 2013 1. Corporation Bank has a new Chairman and Managing Director in S.R. Bansal. Prior to this elevation, Bansal was an Executive Director at Punjab National Bank. 2. Veteran director Shyam Benegal will head the accomplished jury for the Seventh Asia Pacific Screen Awards (APSA) to be held in Brisbane on December 12. 3. India and Bangladesh have begun cooperation in the power sector in a big way with the launching two projects a 500 MW grid and 1320 megawatt Maitri MW Thermal station. 4. US govt shutdown may force Isro to delay October 28 Mars mission launch by 2 years. 5. China on 5th October issued a red alert as typhoon Fitow, packed with high-power gusts, approached the countrys southeast coastal region. 6. Ushering in a new regime for overseas investments in Indian capital markets, SEBI announced new Foreign Portfolio Investor (FPI) regulations to put in place easier registration process and operating framework for such entities. 7. The National Bank for Agriculture and Rural Development has sanctioned Rs 40.35 crore for rural water supply scheme in the Union Territory of Puducherry under Nabards Rural Infrastructure Development Fund (RIDF). 8. Rail fares will go up by about two per cent from 7th October. Railways has also decided to increase the freight tariff by about 1.7 percent effective from 10th of this month. 9. President Barack Obama has nominated Indian-American Arun M Kumar to a key administration post. He has been made in charge of international trade. 10. Sale of five kilogram cooking gas (LPG) cylinder at select petrol pumps in four metro cities of Mumbai, Chennai, Kolkata and Bengaluru started on 5th October. The sale will not be allowed in Delhi, as it is a poll-bound state.
Posted on: Mon, 07 Oct 2013 01:29:26 +0000
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