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  9. July 2010 Current Affairs

RBI Rejected IMG Proposal

Oct 9, 2010
The Reserve Bank of India recently rejected a proposal from an Inter-Ministerial Group (IMG) to relax the stipulation that business correspondents (BC) should be within 30 km distance of a branch.

PMEAC Released Economic Outlook for 2010-11

Oct 9, 2010
The Prime Minister's Economic Advisory Council (PMEAC) on 23 July 2010 released the Council's ‘Economic Outlook for 2010-11' to the media.

PMEAC Predicted Slow Growth in the Mining Sector

Oct 9, 2010
According to the Prime Minister's Economic Advisory Council (PMEAC), India's mining sector is likely to see a slowdown in growth to 8 per cent in the 2010-11 fiscal.

Mid-quarter Review of the Monetary Policy

Oct 9, 2010
The Reserve Bank of India recently decided to undertake mid-quarter review of the monetary policy to keep pace with the global practices and the fast-changing changing monetary environment.

HPCL Declined Credit Line for Kingfisher Airlines

Oct 9, 2010
Hindustan Petroleum Corp (HPCL) declined to reopen a credit line for the debt-stricken Kingfisher Airlines.

Robert Dudley

Oct 9, 2010
Beleaguered British oil giant BP broke the tradition when it appointed New York born Robert Dudley as the Chief Executive Officer.

SpiceJet to Acquire 30 Boeing 737-800 Aircraft

Oct 9, 2010
The Delhi-based low cost airline SpiceJet decided to acquire 30 Boeing 737-800 aircraft valued at around $2.7 billion.

SBG Projects Became a Co-promoter of Maytas Infra

Oct 9, 2010
Maytas Infra Ltd., in a recent notification to the stock exchanges informed that SBG Projects Investments Ltd which is based in Mauritius and part of the Saudi Binladin Group was allotted 15459133 shares.

SAIL Commenced Revival Process for Jagdishpur unit

Oct 9, 2010
Steel Authority of India Ltd (SAIL) on 26 July 2010commenced the revival process for its Jagdishpur unit. The foundation for a TMT Bar Mill of 1.5 lakh tonnes per annum (tpa) capacity was laid by the Steel Secretary, Atul Chaturvedi, and C S Verma, Chairman, SAIL.

Wrexham Challenger Finals

Oct 9, 2010
Sania Mirza and Emma Laine of Finland entered the doubles final of the Wrexham Challenger tennis tournament in Wales on 23 July 2010 after defeating Lisa Whybourn

NTT DATA Acquired Stakes in FirstApex

Oct 9, 2010
On 28 July 2010 a leading Japanese IT solutions and service provider in system consultation, integration and design, NTT DATA declared that it acquired 79.7 per cent stake in FirstApex, an IT product developer for the insurance industry.

South Asian Fencing Championship

Oct 9, 2010
India recently won the overall championship in both the men's and women's category at the South Asian fencing championship, at the Jawaharlal Nehru Indoor Stadium on 22

Samsung Hockey Champions Trophy for Women

Oct 9, 2010
Argentina won the Samsung Hockey Champions Trophy for Women thereby claiming its third successive title after defeating Netherlands 4-2 on 18 July 2010. Noel Barrionuevo

Name Changed from JSL Ltd to JSL Stainless Ltd

Oct 9, 2010
India’s largest stainless steel producer JSL Ltd on 23 July 2010 declared that the company's name was changed to JSL Stainless Ltd from JSL Limited.

All India Senior Major Ranking Badminton Tournament

Oct 9, 2010
Second seed Anup Sridhar of Petroleum Sports Promotion Board surpassed qualifier Saurabh Verma of Madhya Pradesh 21-19, 20-22, 21-15 to win the all India senior major

Electronic Trading of Gold Bars and Coins

Oct 9, 2010
National Spot Exchange Limited (NSEL) and Shree Ganesh Jewellery House Limited (SGJHL) recently launched electronic trading of gold bars and coins.

Barista Entered into Alliance with LiveMedia

Oct 9, 2010
Barista Coffee Company Ltd on 26 July 2010 declared a strategic alliance with LiveMedia, a digital destination firm.

Muttiah Muralitharan

Oct 9, 2010
On 22 July 2010, world class bowler from Sri Lanka Muttiah Muralitharan retired from test cricket in a triumphant manner. He has under his belt the world record of having 800

MK Kaushik

Oct 9, 2010
In the wake of the Indian women’s hockey team sex scandal that surfaced recently, Coach MK Kaushik resigned from his post and also denied charges against him

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