current affairs : 10-feb-15

10-FEB-2015

Current Affairs

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AAP's Delhi win a landmark in poll history

The AAP won 67 of the 70 seats, or nearly 96 per cent. Its performance is by far the best ever in the State.

BJP came a distant second with three seats. Other parties, including Congress, failed to open account.

Arvind Kejriwal, who lost his chief ministerial post in 49 days, is all set to be sworn-in as chief minister on Feb 14


Railways Minister flags off 3 new trains by remote control in New Delhi

Railways Minister Suresh Prabhu today flagged off three new trains by remote control at a function in New Delhi.

The trains are Mumbai-Gorakhpur Jansadharan Express, Pune-Lucknow Weekly Express and Bidar-Mumbai Weekly Express.

All the three trains are part of the Budget announcements. Mr Prabhu had flagged off eight trains yesterday.


Amendment in the Kerosene (Restriction on Use and Fixation of Ceiling Price) Order, 1993

With a view to ease the availability of white Kerosene (market priced Kerosene) for sale in the open market, the Central Government has amended the Kerosene (Restriction on Use and Fixation of Ceiling Price) Order, 1993.

By virtue of this amendment all the activities of storage, transportation and sale of non-PDS Kerosene have been freed of regulatory control.

It is expected that this will reduce demand for diverted PDS Kerosene by improving availability of non-PDS Kerosene in the open market and will thus meet the demand of Kerosene for various legitimate end uses for the industry and for individual consumption by those who can afford it at market price.


FTAs grow by 4% in January 2015 over January 2014

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) on the basis of Nationality-wise, Port-wise data received from Bureau of Immigration (BOI) and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India.

The Percentage share of Foreign Tourist Arrivals (FTAs) in India during January 2015 among the top 15 source countries was highest from USA (16.35%) followed by UK (11.82%), Bangladesh (9.29%), Canada (4.70%), Australia (3.63%), Russian Federation (3.50%), France (3.16%), Germany (3.12%), Sri Lanka (2.93%), Malaysia (2.91%), Japan (2.63%), China (2.30%), Rep.of Korea (1.89%), Afghanistan (1.76%) and Oman (1.54%).


Economist Amartya Sen awarded inaugural John Maynard Keynes Prize 2015

Eminent Indian economist and Nobel laureate Amartya Sen has been awarded the inaugural Charleston-EFG John Maynard Keynes Prize 2015.

He was chosen for this award for his ground-breaking work that has profound impact on the formation of development policy worldwide and outstanding contribution to society.

Amartya Sen will receive £7,500 to commission a work of art. He will also give the annual Charleston-EFG Keynes Lecture on the topic The Economic Consequences of Austerity at the Charleston Festival on 23 May 2015.


Cabinet approves hike in share capital of NMDFC

The Union Cabinet today gave its nod for increasing the authorised share capital of the National Minorities Development and Finance Corporation, NMDFC from 1500 crore rupees to 3000 crore rupees. NMDFC is a Central Sector Public Enterprise which works under the Ministry of Minority Affairs.

Besides, restructuring of the NMFDC’s business model, approval was also given to revise the shareholding pattern among the Centre, States and Institutions.

Enhancement of share capital will expand its ambit of coverage and increase disbursement of funds to larger sections of the economically deprived minority population. The target of NMDFC for the year 2014-15 is to cover 97000 beneficiaries. NMDFC implements its schemes through 37 State Channelizing Agencies in 29 States and Union Territories.


India to Have Second Biggest Start-Up Ecosystem in 2 Years: Nasscom

IT-BPO industry body Nasscom on Tuesday said the country saw 800 new technology start-ups setting shop so far this fiscal and is poised to house the second biggest eco-system for them after the US in the next two years on account of the ongoing high growth rates.

He said the rate at which the start-ups are growing is much faster than Britain and Israel, which are ranked between India and worldwide leader US at present.

In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.


Pockets: ICICI Bank’s new digital banking service lets users send money to any e-mail handle

ICICI Bank announced the launch of ‘Pockets’, what the company claims is India’s first digital bank.

According to the bank, anyone, including those who are not customers of ICICI Bank, can use the e-wallet to instantly send money to any e-mail id, mobile number, friends on Facebook and bank account.

Pockets uses a virtual VISA card which enables the users to transact on any website or mobile application in India. Customers can also request for a physical card for use at any retail outlet.

Users can also pay bills, recharge mobiles, book movie tickets, order food, send physical and e-gifts, and split or share expenses with friends.

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current affairs : 10-feb-15

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