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7/1/12

Page 6 - Economic Current Affairs India and World Economic Current Affairs

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2011 Current Affairs
Telecom Commission decided to Allow Mobile Phone
2012 Current Affairs
Companies to Share 2G spectrum Only
Current Affairs Week: 30 Jan 2012 to 05 Feb 2012
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Economy Current Affairs 2012. Telecom Commission decided to allow mobile phone
companies to share spectrum. The Commission has however limited this facility to 2G
airwaves alone
Popular Current Affairs
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Mo Commen ed
Department of Industrial Policy & Promotion to Design FDI
Policy for Power Exchanges
1.
US S p eme Co held US H
La Con i ional
Current Affairs Week: 30 Jan 2012 to 05 Feb 2012
2.
Hind an Unile e la nched P
Ad anced
Economy Current Affairs 2012. Union finance ministry urged the department of
industrial policy and promotion to design FDI policy for power exchanges on lines of
commodity exchanges
3.
HDFC Bank o la h lending
pe cen
4.
P anab M khe jee epped do
Union Finance Mini e
Growth Rate of Eight Core Industries fell to 3.1% in
December 2011 from 6.3% in December 2010
5.
Nee aj K ma appoin ed he N
Commi ione of Delhi Police
Current Affairs Week: 30 Jan 2012 to 05 Feb 2012

Economy Current Affairs 2012. Growth of these eight sectors during April-December

2011

was 4.4 per cent against 5.7 per cent during the corresponding period in

2010

SEBI to enhance Minimum Investment Amount Per Client managed by Portfolio Managers to Rs.25 lakh

Current Affairs Week: 30 Jan 2012 to 05 Feb 2012

Economy Current Affairs 2012. SEBI decided to enhance the minimum investment amount per client managed by portfolio managers to Rs.25 lakh from Rs.5 lakh

C R Sundaramurti Committee recommended Overhaul of Government Accounting Norms

Current Affairs Week: 23 Jan 2012 to 29 Jan 2012

Economy Current Affairs 2012. C R Sundaramurti Committee report to finance minister Pranab Mukherjee suggested a complete overhaul of government accounting norms

Pension Regulator PFRDA changed the Incentive Structure to boost National Pension System

Current Affairs Week: 23 Jan 2012 to 29 Jan 2012

Economy Current Affairs 2012. PFRDA changed the incentive structure for the

 

RBI s increase of Rep

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7/1/12

Page 6 - Economic Current Affairs India and World Economic Current Affairs

distributors from a fixed sum to a percentage of the investment amount

RBI cut the Cash Reserve Ratio (CRR) by 50 basis points from 6 per cent to 5.5 per cent

Current Affairs Week: 23 Jan 2012 to 29 Jan 2012

Economy Current Affairs 2012. RBI cut the cash reserve ratio (CRR) by 50 basis points from 6 per cent to 5.5 per cent with effect from 28 January 2012

Gems & Jewellery Exports dipped 15% year-on-year to $3 billion in December 2011

Current Affairs Week: 23 Jan 2012 to 29 Jan 2012

Economy Current Affairs 2012. GJEPC reported 15%dip in gems and jewellery exports which went down to $3 billion in December 2011

Corporate India s Sales to Grow 21.6% in 2011-12, as per Centre for Monitoring Indian Economy Review

Current Affairs Week: 23 Jan 2012 to 29 Jan 2012

Economy Current Affairs 2012. Centre for Monitoring Indian Economy (CMIE) estimated Corporate India’s sales to grow 21.6% in 2011-12

Tourism Sector Committee to Extend Visa-on-Arrival Facility double Foreign Tourist Arrivals

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

India Current Affairs 2011. Inter-ministerial committee for tourism sector decided to extend Visa-on-Arrival facility to Goa, Hyderabad, Kochi & Bangaluru airports to help double the foreign tourist arrivals

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Latest Current Affairs

  • Eight Core Sector registered 8 Growth in May 2012

  • Uttar Pradesh Government deci increase the tax on Tobacco Pr

  • Sharad Pawar announced as n EGoM on telecom

  • POSCO entered Toyota Motor; its rival Nippon Steel

  • Hindustan Unilever launched Pu Advanced

  • HDFC Bank to slash lending rat percent

  • India-South Korea met for Seco Policy and Security Dialogue in

  • US Supreme Court held US Hea Law Constitutional

 

Telecom Regulator ordered Telecom Companies to Block Bulk International SMS

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Telecom Regulatory Authority of India on 20 January 2012 asked telecom companies to block bulk international SMS

RBI permitted Banks to allow Hedging in Commodities in International Exchanges

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. RBI allowed banks to grant permission to listed and unlisted companies to hedge price risk in commodities other than precious metals

Indian Rupee rose by 6.6% on 18 January 2012 from its Life Low of 54.30 touched on 15 December 2011

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

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Economy Current Affairs 2012. Indian rupee rose to a two-month high and shares climbed on 18 January 2012 as a result of revival of US dollar flows

Cheaper Food Items got the Consumer Price Index down by 0.44 % Month-on-month in December 2011

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Cheaper food items, including fruit and vegetables, pulled down the Consumer Price Index (CPI) by 0.44 per cent month-on-month in December 2011

TRAI proposed a Fee of Rs.20 crore for a National-level Unified Licence

7/1/12

Page 6 - Economic Current Affairs India and World Economic Current Affairs

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Telecom Regulatory Authority of India roposed a fee of Rs.20 crore for a national-level unified licence under the new regime

Government doubled Import Duty on Gold & Silver by changing Customs & Excise Duty Structure

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Union government nearly doubled the import duty on gold and silver by changing the customs and excise duty structure on precious metals

India's Exports recorded a Growth of 6.7 per cent year-on- year in December 2011

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. India's exports recorded a subdued growth of 6.7 per cent year-on-year in December 2011 on account of poor demand in Europe and the US

Dip in Food Prices caused Inflation to dip to a year low at 7.47% in December 2011

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. As per the WPI published by the government ,

reduced food prices caused the inflation to dip to a year low at 7.47% in December

2011

India extended for Five Years Anti-dumping Duty on Import of Four Chinese Products

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. India extended for five years anti-dumping duty on import of four Chinese products in the face of widening trade gap with China

SEBI unveiled Rules governing Direct Investment in Stocks by Foreign Investors

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Market regulator SEBI unveiled rules for direct investment in stocks by foreign investors, including individuals

Foreign Exchange Reserves dipped $3.2 billion to $293.5 billion as on 6 January 2012

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. Foreign exchange reserves fell to a 15-month low. Reserves dipped $3.2 billion to $293.5 billion as on 6 January 2012

RBI issued Guidelines on Compensation of Wholetime Directors, CEOs in Private & Foreign Banks

Current Affairs Week: 16 Jan 2012 to 22 Jan 2012

Economy Current Affairs 2012. RBI issued guidelines on compensation of wholetime directors, chief executive officers and other risk takers in private and foreign banks

Industrial Production bounced back with a Growth of 5.9 per cent in November 2011

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. Industrial production bounced back with a growth of

7/1/12

Page 6 - Economic Current Affairs India and World Economic Current Affairs

5.9 per cent in November 2011, marking a five-month high

Commerce Ministry lowered Minimum Export Price of Onions to $150 a tonne to Boost Export

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. Commerce Ministry lowered the minimum export price of onions by $100 a tonne to $150 a tonne to boost exports

PMO directed Cash-rich PSUs to Invest around Rs.1.76 lakh crore for Stimulus

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. PMO directed cash-rich PSUs to invest around Rs.1.76 lakh crore, including Rs.1.41 lakh crore domestically to act as a stimulus

Department of Industrial Policy and Promotion notified 100% FDI in Single-brand Retail

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. DIPP notified the rules allowing 100% foreign direct investment (FDI) in single-brand retail

Indirect Tax Collections increased 16.1 per cent to Rs 285787 crore during April-December 2011

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. Indirect tax collections increased 16.1 per cent to Rs 285787 crore during April-December 2011 driven by an increase in service tax

Moody s upgraded Short-term Country Ceiling on Foreign Currency Bank Deposit from NP to Prime

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Econmy Current Affairs 2012. Moody’s Investor Services upgrade the short-term country ceiling on foreign currency bank deposit increasing from NP (not prime) to Prime (P-3)

Foreign Direct Investment (FDI) into India went up by 56% to $2.53 billion in November 2011

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. Foreign direct investment into India went up by 56% to $2.53 billion in November 2011, indicating an improvement in investor sentiment

Union Government to incentivise Unlisted PSUs to Help them come up with Initial Share Offerings

Current Affairs Week: 09 Jan 2012 to 15 Jan 2012

Economy Current Affairs 2012. Union government decided to incentivise the unlisted PSUs to help them come up with initial share offerings in the stock market in 2012-13

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