RAPID GK SERIES 25

<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: justify;"><span style="font-size: small;">1. He is the Chairman of the Prime Minsiter Economic Advisory Council (PMEAC)<br /> 2. This Country is the Largest Producer of Tea in the World<br /> 3. This National Leader said œSwaraj is My Birth Right<br /> 4. Dandi March begun in this date<br /> 5. The National Housing Bank (NHB) Act was passed in this year<br /> 6. The Global Leader of Mobile Handset Maker Nokia belongs to this Country<br /> 7. The Silver Revolution is associated with this<br /> 8. This is the abbreviation of the India s credit rating agency CRISIL<br /> 9. The Minimum distance between the Sun and the Earth occurs on this date<br /> 10. In India, the Widow Remarriage Act was passed in this Year<br /> <br /> <i><strong>ANSWERS</strong></i><br /> <br /> 1. Dr. C. Rangarajan<br /> 2. India. (India is also the Largest Consumer of Tea in the World)<br /> 3. Bal Gangadhar Tilak<br /> 4. 12th March 1930<br /> 5. 1987<br /> 6. Finland<br /> 7. Egg<br /> 8. Credit Rating Information Services of India Limited<br /> 9. January 3<br /> 10. 1856</span></div></div>

RAPID GK SERIES 25

1. He is the Chairman of the Prime Minsiter Economic Advisory Council (PMEAC) 2. This Country is the Largest Producer of Tea in the World ...

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No bailout package for private airlines

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><strong>Civil Aviation Minister Ajit Singh ruled out any possibility of a bailout package for private airlines by the government.</strong></li> </ul><strong></strong><div> <ul style="text-align: justify;"><li><em>Where will the government help?</em> </li> </ul><em></em><ul style="text-align: justify;"><li>The minister said that government is only responsible for Air India which is a public sector undertaking.</li> </ul><ul style="text-align: justify;"><li><em>Why has the government ruled out the private players?</em></li> </ul><em></em><ul style="text-align: justify;"><li>Due to financial constrainsts of the government. And further on the private players may also take it as an advantage and expose only losses.</li> </ul><ul style="text-align: justify;"><li><span>However the government can not keep on pouring in money to bailout Air India and the management needs to restructure its business management to become more competitive.</span></li> </ul></div></div>

No bailout package for private airlines

Civil Aviation Minister Ajit Singh ruled out any possibility of a bailout package for private airlines by the government. Where will the g...

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India gives $100 million line of credit for power project in Mali

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><strong>India will provide 100 million US dollar line of credit to Mali for Power Transmission projects.</strong></li> </ul><strong></strong><div> <ul style="text-align: justify;"><li><em>When did this take place?</em> </li> </ul><em></em><ul style="text-align: justify;"><li><span><span>An agreement to this effect was signed after the delegation level talks between Prime Minister Dr.Manmohan Singh and the visiting Malian President Amadou Toumani Toure in New Delhi.</span></span> </li> </ul><span><span></span></span><ul style="text-align: justify;"><li><em>What other agreements took place?</em> </li> </ul><em></em><ul style="text-align: justify;"><li><span><span><span>A pact on cooperation in the field geology and mineral resources was also signed to intensify cooperation in this area. A joint statement was also signed after the talks. Sources said that the two leaders held detailed discussions on a host of issues including strengthening cooperation in the field of hydro- carbon and other strategic areas.</span></span></span> </li> </ul><span><span><span></span></span></span><ul style="text-align: justify;"><li><span><span><span><span>India has chosen Mali among the nine countries for economic and infrastructure development cooperation.</span></span></span></span></li> </ul></div></div>

India gives $100 million line of credit for power project in Mali

India will provide 100 million US dollar line of credit to Mali for Power Transmission projects. When did this take place? An agreement ...

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Assam to launch Janani Shishu Suraksha programme

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><span style="font-size: small;"><strong> In Assam, the health department will launch "Janani Shishu Suraksha" programme to improve the health condition of pregnant women and newborn babies. </strong></span></li> </ul><div style="text-align: justify;"><span style="font-size: small;"><strong></strong></span></div><div style="text-align: justify;"> <ul style="text-align: justify;"><li><span style="font-size: small;"><em>What does the proposed project include?</em></span> </li> </ul><div style="text-align: justify;"><span style="font-size: small;"><em></em></span></div><ul style="text-align: justify;"><li><span style="font-size: small;"><span><span>The proposed scheme would provide for free transport, diet, drugs and diagnostics to all pregnant women and sick newborns across the state. The programme will be launched on the 30th of this mont</span></span></span>.</li> </ul><div style="text-align: justify;"><span style="font-size: small;"><span><span></span></span></span></div><ul style="text-align: justify;"><li><span style="font-size: small;"><em>What is expected outcome?</em></span></li> </ul><div style="text-align: justify;"><span style="font-size: small;"><em></em></span></div><ul style="text-align: justify;"><li><span style="font-size: small;"><span>The scheme is likely to promote institutional delivery and eliminate out-of-pocket expenses which act as a barrier in seeking institutional care. The state has recorded over 66 per cent institutional deliveries. The implementation of the scheme is likely to decrease, Maternal Mortality Rate, MMR and Infant Mortality Rate, IMR. Assam has recorded 381 MMR and 58 IMR against per 1000 live births, as per official data.</span></span></li> </ul></div></div>

Assam to launch Janani Shishu Suraksha programme

In Assam, the health department will launch "Janani Shishu Suraksha" programme to improve the health condition of pregnant women...

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North Korea could conduct 3rd nuclear test

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw_k87llNyywBq_JerOxcJa8J7KDtKgW7HtmnTbzKgwYJOFWOT4hIRo54Q5OaXzycqFT5iU9OPflr-vRf1jBdVRLJxS_3Iohm1znMsTSZ87hS9SZiDUE9yau1-_2hAn32YaJsX0akKVi4/s1600/New-North-Korea-Nuke-Facility-May-Boost-Nuke-Ability.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="135" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhw_k87llNyywBq_JerOxcJa8J7KDtKgW7HtmnTbzKgwYJOFWOT4hIRo54Q5OaXzycqFT5iU9OPflr-vRf1jBdVRLJxS_3Iohm1znMsTSZ87hS9SZiDUE9yau1-_2hAn32YaJsX0akKVi4/s200/New-North-Korea-Nuke-Facility-May-Boost-Nuke-Ability.jpg" width="200" /></a></div><ul style="text-align: justify;"><li><strong></strong><strong>North Korea could conduct a third nuclear test or long-range missile launch this year as its new leader Kim Jong-Un tries to strengthen his authority.</strong></li> </ul><div style="text-align: justify;"><div style="text-align: justify;"> </div><ul style="text-align: justify;"><li><em>Who is the new leader of north korea?</em> </li> </ul><div style="text-align: justify;"><em></em></div><ul style="text-align: justify;"><li>Kim Jong ll’s death last month after 17 years of rule left North Korea in the hands of his son, a little-known figure who is thought to be under 30 and needs the support of party and military leaders more than twice his age. <strong>Kim Jong Un</strong> was named supreme commander of the 1.2 million-strong army. </li> </ul><ul style="text-align: justify;"><li><em>Why is he doing this?</em> </li> </ul><div style="text-align: justify;"><em></em></div><ul style="text-align: justify;"><li><span>A report issued by the Institute for Foreign Affairs and National Security warns that Kim Jong Un will engage in “military adventurism” to boost his image as a military leader, as well as his grip on power.</span> </li> </ul><div style="text-align: justify;"><span></span></div><ul style="text-align: justify;"><li><em>When is it expected to be conducted?</em></li> </ul><div style="text-align: justify;"><em></em></div><ul style="text-align: justify;"><li><span><span>It predicts the tests will be conducted in late 2012 or early 2013, when both the United States and South Korea will hold presidential elections.</span></span> </li> </ul><div style="text-align: justify;"><span><span></span></span></div><ul style="text-align: justify;"><li><em>How has US and South Korea reacted?</em> </li> </ul><div style="text-align: justify;"><em></em></div><ul style="text-align: justify;"><li><span><span><span>The United States and South Korea, along with Japan, China and Russia, have been negotiating with Pyongyang to shut down its nuclear weapons program in exchange for economic aid. North Korea withdrew from the talks in 2009 and conducted its second nuclear test soon after.</span></span></span></li> </ul></div></div>

North Korea could conduct 3rd nuclear test

North Korea could conduct a third nuclear test or long-range missile launch this year as its new leader Kim Jong-Un tries to strengthen hi...

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China Insists On Dialogue to Resolve Iran Crisis

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><span style="font-size: small;"><strong>U.S. Treasury Secretary Timothy Geithner is seeking China's support for new U.S. sanctions against Iran. </strong></span> </li> <li><span style="font-size: small;"><em>Why is US taking the help of China?</em></span></li> <li><span style="font-size: small;"><span><span>The Secretary said that “We are looking forward to exploring opportunities to expand our exports to China and to strengthen and deepen our cooperation with China on a broad range of economic and strategic issues we face around the world,” </span></span></span></li> <li><span style="font-size: small;"><em>What is china's response to this?</em></span></li> <li><span style="font-size: small;"><span><span><span>The Chinese government says it is concerned about reports that Iran is enriching weapons-grade uranium, but is sticking to its position that dialogue, not sanctions, is the way to resolve the issue.</span></span></span></span></li> </ul><span style="font-size: small;"> </span> </div>

China Insists On Dialogue to Resolve Iran Crisis

U.S. Treasury Secretary Timothy Geithner is seeking China's support for new U.S. sanctions against Iran.  Why is US taking the help of...

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Pranab holds pre Budget discussions with agriculturalists

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3rEE-eh_Dom9FYmI5AO9bE2sQIy2XVykOHFnk9XUvYGIw8ClVy77pcV7yoGxCdrpHstY4EFnaBPhpBRet_nTnEp5Xu-xs6bO3o1OXBpF3JnO4qXuC8Uctq-F5xDczpBRUP9HD4PZMoYc/s1600/PICNN2622.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="166" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3rEE-eh_Dom9FYmI5AO9bE2sQIy2XVykOHFnk9XUvYGIw8ClVy77pcV7yoGxCdrpHstY4EFnaBPhpBRet_nTnEp5Xu-xs6bO3o1OXBpF3JnO4qXuC8Uctq-F5xDczpBRUP9HD4PZMoYc/s200/PICNN2622.jpg" width="200" /></a></div><ul style="text-align: justify;"><li><strong></strong><strong>Finance Minister Pranab Mukherjee today held pre Budget discussions with agriculturalists in New Delhi. </strong></li> </ul><ul style="text-align: justify;"><li><em>What were the suggestions from thje farmers side?</em></li> <li><span>The agricultural experts urged the government to increase investment in this area. They also called for improving supply chain to increase storage capacity. They said this will also help in curbing the inflation. </span></li> <li><em>Who else will the finance minister meet?</em></li> <li><span><span>The Finance Minister will also meet trade union leaders. According to the official sources, meeting with CEOs of banks and financial institutions is likely to be scheduled on the 19th of this month. Issues like bank recapitalisation, access to affordable financial services, especially credit, insurance and interest rates are likely to be discussed in the meeting.</span></span></li> <li><span><span><span>Mr. Mukherjee will also meet eminent economists to discuss the country's financial health and hammer out solutions for the difficult economic situation at present. The current fiscal has been difficult for the economy, with growth slipping to 6.9 per cent in the second quarter, the lowest in nine quarters.</span></span></span></li> </ul></div>

Pranab holds pre Budget discussions with agriculturalists

Finance Minister Pranab Mukherjee today held pre Budget discussions with agriculturalists in New Delhi. What were the suggestions from thje...

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TN announces Rs 210 cr relief package for cyclone-hit farmers

<div dir="ltr" style="text-align: left;" trbidi="on"><table border="0" cellpadding="0" cellspacing="0" style="margin-left: 0px; margin-right: 0px; text-align: left;"><tbody> <tr><td colspan="2"><div id="5588" style="display: block;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVjVs1wDjDtdDLjmYRcI128XaZl54ZKX1zM84kQBo0-r7huUarP4rXIpWwrp4oDGmpjG1O0Nj4XanHLv-pktLKP-nJLyEtuNRPsgGWqPvzXDtXI7tdwnBj1pthGXhxqsbZiJLOB_m53Ns/s1600/farmers2.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="138" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVjVs1wDjDtdDLjmYRcI128XaZl54ZKX1zM84kQBo0-r7huUarP4rXIpWwrp4oDGmpjG1O0Nj4XanHLv-pktLKP-nJLyEtuNRPsgGWqPvzXDtXI7tdwnBj1pthGXhxqsbZiJLOB_m53Ns/s200/farmers2.jpg" width="200" /></a></div><span style="font-size: small;"><strong>Tamil Nadu government announced a series of relief measures to farmers in the Thane cyclone-affected Cuddalore district, including a sum of Rs. 210 crore as compensation for damaged crops.</strong></span><br /> <ul><li><span style="font-size: small;">A statement released today said that crops in 2.24 lakh hectares of area have been destroyed by the cyclone Thane.</span></li> <li><span style="font-size: small;"><span><span>The Chief Minister assured help to the farmers of horticulture crops like Cashew, Jackfruit and Coconut.</span></span></span></li> <li><span style="font-size: small;"><span><span><span>The government has planned to distribute the saplings free of cost apart from bearing the maintenance cost for a year.</span></span></span></span></li> <li><span style="font-size: small;"><span><span><span><span>The farm labourers would be paid through MNREGA. This would also cover farmers who take up works in their own land.</span></span></span></span></span></li> <li><span style="font-size: small;"><span><span><span><span><span>The government would provide a mini kit comprising seeds and fertilizers to farmers who take up plantation of pulses. </span></span></span></span></span></span></li> <li><span style="font-size: small;"><span><span><span><span><span><span>For restoring the thoroughly damaged power connections, 8000 employees would be involved in the restoration work.</span></span></span></span></span></span></span></li> </ul></div></td> </tr> <tr> <td align="right" colspan="2" valign="bottom"> <span style="font-size: small;"><a href="http://www.tippani.in/blog/xbusiness.php?submit=showComments&id=5588"> </a></span></td></tr> </tbody></table></div>

TN announces Rs 210 cr relief package for cyclone-hit farmers

Tamil Nadu government announced a series of relief measures to farmers in the Thane cyclone-affected Cuddalore district, including a sum ...

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Centre turns down proposal for break in rural job scheme

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><span style="font-size: small;"><strong>The Centre has turned down the Tamil Nadu State government's proposal for a recess to the implementation of work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) during agricultural season.</strong></span></li> <li><span style="font-size: small;">The reason adduced by the sector is that a substantial work force which would, otherwise, have been available for the agricultural work, takes up MGNREGS work. </span></li> <li><span style="font-size: small;">An official said that the Centre did not agree with this reasoning as no person was prevented from going for agricultural work. Moreover, when the agricultural work was likely to fetch higher wages, those genuinely interested would take to it.</span></li> <li><span style="font-size: small;">Another factor that weighed with the Central authorities, according to the official, was that an amendment had to be made to the law governing the scheme, if the proposal were to be seriously considered.</span></li> </ul></div>

Centre turns down proposal for break in rural job scheme

The Centre has turned down the Tamil Nadu State government's proposal for a recess to the implementation of work under the Mahatma Gan...

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Oil prices jump as military tensions engulf Iran

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><strong>Iran has concluded yet another military exercise to deter a military attack amid a massive Iran-centred military build-up by American and Israeli forces, whose command posts extend into the heart of Europe.</strong> </li> <li><span><span>Iran has threatened to block the Strait of Hormuz, and disrupt energy supplies to international oil markets, in case the Americans throttle Iran's oil exports — the country's vital economic lifeline.  </span></span></li> <li><span><span> The U.S. has already passed a law that can curb Iran's international energy exports; a move that the 27-nation European Union (EU) is likely to endorse during the bloc's crucial meeting on January 23.</span></span></li> <li><span><span><span>Oil rose to $113 a barrel after it was confirmed that Iran was carrying out 20 per cent enrichment of uranium in Fardo, notwithstanding Iran's submission of the facility, near Qom, to surveillance by the IAEA. </span></span></span></li> </ul></div>

Oil prices jump as military tensions engulf Iran

Iran has concluded yet another military exercise to deter a military attack amid a massive Iran-centred military build-up by American and ...

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Delhi HC notice to govt on milk adulteration

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtLq2OzYqGykV_JpIcbjOHtuSAIh3GB0Ttq2QXvklLmpJtMc2C-JhTzmf8Q380tsfGxKdNvCql1HsHNrNR3WV33__GtkOvN36jbHpNKU99CFD_LHr-tI3JP6MhCUaW7S8s68mf766wAcs/s1600/delhi_high_court_190.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtLq2OzYqGykV_JpIcbjOHtuSAIh3GB0Ttq2QXvklLmpJtMc2C-JhTzmf8Q380tsfGxKdNvCql1HsHNrNR3WV33__GtkOvN36jbHpNKU99CFD_LHr-tI3JP6MhCUaW7S8s68mf766wAcs/s200/delhi_high_court_190.jpg" width="200" /></a></div><ul style="text-align: justify;"><li><span style="font-size: small;"><strong></strong></span><span style="font-size: small;"><strong>The Delhi High Court on Wednesday took suo moto notice of media reports that <span style="text-decoration: underline;">around 70 percent milk </span>supplied in the country was adulterated. It issued notices to the Centre and Delhi government and sought a reply on the matter by January 25. </strong></span></li> </ul><ul style="text-align: justify;"><li><span style="font-size: small;"><span>The Food Safety Standards Authority of India (FSSAI) randomly carried out tests in 33 states and Union Territories only to discover that milk is being spiked with detergents, fat and even urea besides the traditional dilution with water. </span><span> </span></span></li> <li><span style="font-size: small;"><span>Out of 71 samples lifted from Delhi, 50 carried contaminants varying from glucose to skimmed milk powder which is generally added to milk to enhance volume. Across the country 68.4% samples were found to be contaminated.</span></span></li> <li><span style="font-size: small;"><span><span>Among the major states, approximately 89% samples from Jammu & Kashmir, 81% from Punjab, 76% Rajasthan, 70% from Delhi and Haryana and 65% from Maharashtra were found to be negative. </span></span></span></li> <li><span><span><span><span style="font-size: small;">The states that performed comparatively better included Karnataka (22%), Tamil Nadu (12%) and Madhya Pradesh (6.5%). </span></span></span></span></li> </ul></div>

Delhi HC notice to govt on milk adulteration

The Delhi High Court on Wednesday took suo moto notice of media reports that around 70 percent milk supplied in the country was adulterated...

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Online CMAT to be held twice every year: AICTE

<div dir="ltr" style="text-align: left;" trbidi="on"><ul style="text-align: justify;"><li><span style="font-size: small;"><strong>Amid opposition from some private management bodies, AICTE has decided to conduct the newly introduced online Common Management Admission Test twice a year from 2013 to make it more popular among the students.</strong></span> </li> <li><span style="font-size: small;"><span>"The aim of holding the test twice a year is to help candidates pick the best of the two CMAT scores for admission instead of having to wait for another one year," AICTE chairman SS Mantha said. </span></span></li> <li><span style="font-size: small;"><span>IT company Aptech will be holding the online test on behalf on AICTE.</span></span></li> </ul><span style="font-size: small;"> </span></div>

Online CMAT to be held twice every year: AICTE

Amid opposition from some private management bodies, AICTE has decided to conduct the newly introduced online Common Management Admission ...

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Saina enters second round of Malaysian Open

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><span style="font-size: small;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1y574MUHGobqSfMNqtst8x1yZPIX_H-RPE94z0ejAbELx8MqAVRiI3wdBbNrb0xF8mFI46Lg4A4_1T-5YGVu4nIFKZZdnvl1lCj9m61Sumx8Qf1kX_3_fNe43qEsIs4SdaOxWZ_LxAEQ/s1600/saina-nehwal-525x393.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="149" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1y574MUHGobqSfMNqtst8x1yZPIX_H-RPE94z0ejAbELx8MqAVRiI3wdBbNrb0xF8mFI46Lg4A4_1T-5YGVu4nIFKZZdnvl1lCj9m61Sumx8Qf1kX_3_fNe43qEsIs4SdaOxWZ_LxAEQ/s200/saina-nehwal-525x393.jpg" width="200" /></a></span></div><ul style="text-align: justify;"><li><span style="font-size: small;"><strong></strong><strong>Ace Indian shuttler Saina Nehwal came from behind to notch up a hard-fought victory over Juan Gu of Singapore in the first round match of the Malaysian Open Super Series in Kuala Lumpur.</strong></span></li> </ul><ul style="text-align: justify;"><li><span style="font-size: small;"><span><span>The Indian will next take on Shao Chieh Cheng of Chinese Taipei, who she had recently defeated in Korea Open Super Series in the second round.</span></span></span></li> <li><span style="font-size: small;"><span><span>Jwala and Diju will now face the Malaysian pair of Peng Soon Chan and Liu Ying Goh in the second round.</span></span></span></li> </ul></div>

Saina enters second round of Malaysian Open

Ace Indian shuttler Saina Nehwal came from behind to notch up a hard-fought victory over Juan Gu of Singapore in the first round match of ...

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German economy grew by 3 percent in 2011

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhD8EJUG3ZyhnUGld5Vk-yrqa4ipXun5Ifdtr0m0wUPZa9vRk9lnUAMI128hZqElnTuNAFGVbSiLTk8ykMY9AA567JHEaIn8q0eYPsCI2pfNHubQl6r1n0Q2Alo2iRyUmIBmnL1G2ea69s/s1600/map_german_unification.gif" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="163" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhD8EJUG3ZyhnUGld5Vk-yrqa4ipXun5Ifdtr0m0wUPZa9vRk9lnUAMI128hZqElnTuNAFGVbSiLTk8ykMY9AA567JHEaIn8q0eYPsCI2pfNHubQl6r1n0Q2Alo2iRyUmIBmnL1G2ea69s/s200/map_german_unification.gif" width="200" /></a></div><ul style="text-align: justify;"><li><span style="font-size: small;"><strong></strong></span><span style="font-size: small;"><strong>Germany's economy grew by 3 percent last year despite the financial crisis in Europe which has other economies such as Greece, Spain and Italy struggling with huge debts, the country's Federal Statistics Office . </strong></span> </li> </ul><ul style="text-align: justify;"><li><span style="font-size: small;"><span>Germany's strongest growth was seen in the first six months of the year, when consumer spending rose 1.5 percent -the biggest increase in five years.</span></span></li> <li><span style="font-size: small;"><span></span><span>Exports were also strong, according to Destatis, growing 8.2 percent compared with the year before. Imports rose 7.2 percent.</span></span></li> </ul></div>

German economy grew by 3 percent in 2011

Germany's economy grew by 3 percent last year despite the financial crisis in Europe which has other economies such as Greece, Spain a...

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Budget needs to signal fiscal correction: Ahluwalia

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnm-dJzq3e5bba7vVv2zbvSxR6KfZNTxQE1CVeruFS76iNQ72XADOmS-iLsZCvdv_owyTc0hOb2WczGu5dIBNrryoMP9mNClSfCa3GyjXF2FFA-vO66TPWOvKYPIBD53VXRlM59dq7YGs/s1600/montekahluwalia_11july10.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="133" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnm-dJzq3e5bba7vVv2zbvSxR6KfZNTxQE1CVeruFS76iNQ72XADOmS-iLsZCvdv_owyTc0hOb2WczGu5dIBNrryoMP9mNClSfCa3GyjXF2FFA-vO66TPWOvKYPIBD53VXRlM59dq7YGs/s200/montekahluwalia_11july10.jpg" width="200" /></a></div><ul style="text-align: justify;"><li><strong></strong><strong>India's budget for 2012/13 should send a credible signal on fiscal consolidation by reforming the petroleum subsidy, Montek Singh Ahluwalia, deputy chairman of India's planning commission, said in an interview.</strong></li> </ul><ul style="text-align: justify;"><li><span>The government is expected to present a budget in mid-March for the fiscal year that begins on April 1, amid slowing economic growth and mounting concerns about public finances.</span> </li> <li><span> The original estimate for the fuel subsidy bill for this fiscal year was 236 billion rupees, but it is already 300 billion rupees more than that figure.</span><span> </span></li> <li><span>Fertilizer subsidies are set to top 900 billion rupees, against about 500 billion rupees originally budgeted.</span></li> <li><span>The danger about the petroleum subsidy is that it is an uncapped subsidy," Ahluwalia said.</span><span> </span></li> <li><span>The rising subsidy bill has compelled New Delhi to seek parliament's approval for spending 978 billion rupees extra this year.</span></li> </ul></div>

Budget needs to signal fiscal correction: Ahluwalia

India's budget for 2012/13 should send a credible signal on fiscal consolidation by reforming the petroleum subsidy, Montek Singh Ahlu...

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India, China still contribute half of world economic growth

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjk1tQ30JqMw03YFpxtwe1-5rL3AHlAOBa8uJoi8UXqyPh6p4OH9LQ_20b3rbFX-w8knbWysY7zMPm7XlwHzcjQKGUCG8L5HvZRYsSkiK4Ud6TZaqIQTTIaP9-QEk_PdeaAGbDzLHxDxII/s1600/Flag-Pins-India-China.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="160" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjk1tQ30JqMw03YFpxtwe1-5rL3AHlAOBa8uJoi8UXqyPh6p4OH9LQ_20b3rbFX-w8knbWysY7zMPm7XlwHzcjQKGUCG8L5HvZRYsSkiK4Ud6TZaqIQTTIaP9-QEk_PdeaAGbDzLHxDxII/s200/Flag-Pins-India-China.jpg" width="200" /></a></div><ul style="text-align: justify;"><li><strong></strong><strong>Despite slowing down, China and India continue to contribute more than half of the world's economic growth, a new report by an investment management and advisory services firm has claimed.</strong></li> </ul><ul style="text-align: justify;"><li><em>What does the report say?</em></li> <li><span><span>"We expect China will account for more than 40 percent of global growth, with India and the US accounting for about 15 percent each. Until recently, increasing inflation in emerging markets has caused policymakers to raise interest rates and/or reserve requirements in an attempt to slow inflation, with the effort of dampening growth. We expect that process will begin to reverse itself sometime in 2012," the report said.</span></span></li> </ul></div>

India, China still contribute half of world economic growth

Despite slowing down, China and India continue to contribute more than half of the world's economic growth, a new report by an investm...

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Govt forms SPV to set up optical fibre network

<div dir="ltr" style="text-align: left;" trbidi="on"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnba-7JS6bBs-r6xwHcnwKtoof0Ea_InFC0hL1ROpWiYtf5fw0kifUcjadXdq1nE2azcKf3s_-V8dP8tIzOq_24T1nIyTnIqvN0fKluC21A4vs-uYY67Jm_bnP1Ftm7AaHT0lGLk0WiuY/s1600/broad.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnba-7JS6bBs-r6xwHcnwKtoof0Ea_InFC0hL1ROpWiYtf5fw0kifUcjadXdq1nE2azcKf3s_-V8dP8tIzOq_24T1nIyTnIqvN0fKluC21A4vs-uYY67Jm_bnP1Ftm7AaHT0lGLk0WiuY/s200/broad.jpg" width="200" /></a></div><div style="text-align: justify;"><ul><li><span style="font-size: small;"><strong> </strong></span><span style="font-size: small;"><strong>he government has formed a special purpose vehicle, Rajiv Gandhi National Information Super-Highway (RAJNISH), for setting up the national optical fibre network in the country.</strong><span> </span></span></li> </ul><ul><li><span style="font-size: small;"><span>The government has set up a special purpose vehicle to carry out the work of national optical fibre network in the country. The name of the new company is <strong>Rajiv Gandhi National Information Super-Highway (RAJNISH).</strong></span></span></li> </ul><span style="font-size: small;"><span><strong> </strong></span></span></div><div style="text-align: justify;"> <ul style="text-align: justify;"><li><span style="font-size: small;"><span>Initially, the broadband project will be executed by state-owned Bharat Sanchar Nigam Ltd (BSNL) and other institutions like RailTel.</span></span></li> <li><span style="font-size: small;"><span>Later on, Power Grid and Gas Authority of India would also be made partners.</span></span></li> <li><span style="font-size: small;"><span>The NOFN will also provide high bandwidth connectivity for electronic delivery of services to citizens.</span></span></li> <li><span style="font-size: small;"><span><span>The proposed NOFN will enable effective and faster implementation of various mission mode e-governance projects amounting to about Rs 50,000 crore initiated by Department of Information Technology as well as delivery of a whole range of electronic services by the private sector to citizens in rural areas.</span></span></span></li> </ul></div></div>

Govt forms SPV to set up optical fibre network

  he government has formed a special purpose vehicle, Rajiv Gandhi National Information Super-Highway (RAJNISH), for setting up the nation...

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