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  9. May 2011 Current Affairs

Salaried Taxpayers earning less than Rs 5 lakh & with No Other Income exempted from filing ITR

May 25, 2011
Economy Current Affairs 2011. Salaried taxpayers who do not have other sources of income and whose income are below 5 lakh rupees per annum, to be exempted from filing income tax return

RBI relaxed Eligibility Norms for Using Credit Default Swaps (CDS) on Corporate Bonds

May 25, 2011
Economy Current Affairs 2011. Reserve Bank of India (RBI) relaxed the eligibility norms for using credit default swaps (CDS) on corporate bonds

Ajit Kumar Seth a 1974 batch IAS officer from UP cadre appointed Cabinet Secretary

May 25, 2011
India Current Affairs 2011. Ajit Kumar Seth a 1974 batch IAS officer from the Uttar Pradesh cadre was on 23 May 2011 appointed the Cabinet Secretary of India

Possibility of Diversion of E-auction Coal to Power Sector ruled out by Coal Ministry

May 25, 2011
Economy Current Affairs 2011. Union Coal Ministry on 24 May 2011 ruled out the possibility of diversion to the power sector of the coal being sold by Coal India Ltd (CIL)

Environment and Forest Minister launched an Elephant Conservation Programme, Hathi Mere Sathi

May 25, 2011
India Current Affairs 2011. Union Environment and Forest Minister Jairam Ramesh on 24 may 2011 launched an elephant conservation programme, Hathi Mere Sathi

International Business Machines (IBM) outdid Old Rival Microsoft Corp in Market Value

May 25, 2011
Corporate/Business Current Affairs 2011. International Business Machines outdid old rival Microsoft Corp in market value for the first time since April 1996

Indian Olympic Association Okayed Hosting of SAF Games but rejected the Sports Bill

May 25, 2011
Sports Current Affairs 2011. Indian Olympic Association (IOA) on 24 May 2011 gave the go-ahead to host the multi-discipline SAF Games in 2012

Religare Mutual Fund launched an Open-ended exchange-traded fund, Religare Nifty

May 25, 2011
Corporate/Business Current Affairs 2011. Religare Mutual Fund on 24 May 2011 launched an open-ended exchange-traded fund, Religare Nifty ETF

Aurobindo Pharm received Approval from USFDA to Manufacture & Market Divalproex

May 25, 2011
Corporate/Business Current Affairs 2011. Aurobindo Pharma Ltd received final approval from the US Food & Drug Administration to manufacture and market Divalproex Sodium Delayed- Release tablets

The Union Cabinet Gave Approval for Conducting BPL Census in Rural and Urban Areas

May 25, 2011
India Current Affairs 2011. The Union Cabinet of India gave approval for conducting the Below Poverty Line (BPL) Census in rural and urban areas. The Census would be conducted by the Ministry of Rural Development in association

India and Afghanistan Signed MoU for Training and Skilled Development of Media Personnel

May 25, 2011
Internatioanl/World Current Affairs 2011. India and Afghanistan signed a Memorandum of Understanding (MoU) for training and skilled development of media personnel during the visit of Afghanistan Minister for Information & Culture

UNESCO Shortlisted the Western Ghats for Inclusion in the World Heritage List

May 25, 2011
International/ World Current Affairs 2011. The UNESCO shortlisted Western Ghats for inclusion in the World heritage List. This will help in protecting this biodiversity rich area from land-use change and other development activities

Scientists Set New Data Speed Record using Single Laser

May 25, 2011
Science and Technology Current Affairs 2011. A team of scientists set a new data speed record transmitting 26 terabits equivalent of 700 DVDs

ADB to Invest 60 Million Dollars in VC Funds to Tackle Climate Change

May 25, 2011
Asian Development Bank (ADB) planned to invest 60 million dollars in three venture capital funds, namely

I&B Ministry endorsed TRAI’s Proposal to have 74% FDI Ceiling for DTH, IPTV

May 24, 2011
Economy Current Affairs 2011. The information and broadcasting ministry endorsed/okayed  the recommendation by TRAI to enhance foreign direct investment (FDI) ceiling for direct to home TV, Internet protocol TV and teleport from 49% to 74%.

Central Bank of India & NSDC signed MoU to promote Vocational Training amongst the Youth

May 24, 2011
Economy Current Affairs 2011. Public sector lender Central Bank of India and the National Skill Development Corporation (NSDC) entered into an agreement on 23 May 2011 in order to promote vocational training amongst the youth

BHEL's Board approved odf Proposal to offload Government's 5 per cent Stake in BHEL

May 24, 2011
Economy Current Affairs 2011. BHEL'sboard approved on 23 May 2011 the proposal to divest 5 per cent stake in the power equipment major

RBI recommended 2 Options to Warehouse the Government's Holding in Public Sector Banks

May 24, 2011
Economy Current Affairs 2011. The Reserve Bank of India's working group on introduction of financial holding structure in India submitted its report on 23 May 2011

RBI’s Working Group suggested Holding Company Model for Financial Sector

May 24, 2011
Economy Current Affairs 2011. The Reserve Bank of India's working group on introduction of financial holding structure in India submitted its report on 23 May 2011

India's Middle-distance Runner Ghamanda Ram won Silver in 800m in the Asian Grand Prix Meet

May 24, 2011
Sports Current Affairs 2011. India's middle-distance runner Ghamanda Ram won silver in 800m in the opening leg of the Asian Grand Prix meet in the Chinese city of Jiaxiang on 22 May 2011

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