Wednesday, April 29

[Indian Current Affairs:797] Current affairs briefing for 30th April, 2009

Hi friends,


In today's briefing:

1.  If you are asked to describe Modi in your own words, will it match what is stated by an ET editorial?  Take a look at the comment.

2.  The world is not going to recover any soon -- warn IMF and the RBI.

3.  Then, will the world see another depression?

4.  India could be making up to $100 bn in carbon trading; experts say.

5.  Satyam's ADS money goes missing.

6.  Kingfisher's cheque to AAI for Rs 77 crores bounces!!  A look at airline industry's problems.

7.  A quick recap of major pandemics in recent times.

8.  Language lesson: starry-eyed.

That's it for today;  Happy reading.

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[Indian Current Affairs:796] Current affairs briefing for 29th April, 2009

Hi friends,


In today's briefing:

1.  CBI lets Quattrochchi off the hook.

2.  Substantial good news on the Indian economy front.  Take a look at the various parameters that give this feeling.

3.  India's steel consumption too chips in with a growth story.

4.  Know anything about 'non-recourse' loans?

5.  What is value-averaging?  In investment parlance.

6.  Some basics about stress tests for banks.

7.  India gets to host maximum World Cup matches.

8.  Language lessons: compunction, phalanx, slithery, preposterous

9.  Obituary: Feroz Khan.

That's it for today.  Happy reading.

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Tuesday, April 28

[Indian Current Affairs:795] Current affairs briefing for 28th April, 2009

Hi friends,


In today's briefing:

1.  Gujarat CM Narendra Modi to be probed for post Godhra riots.

2.  Continuing debate on English language ban in the country.  Some good points.

3.  CAT goes online from November.

4.  A very good editorial comment on Lankan Tamils issue.

5.  Some details about swine flu outbreak and related things.

6.  What are AD syringes?

7.  Ever heard of CJD aka BSE?  I am sure you would have heard about the more common name of this disease.

8.  An excellent graphic giving lot of info on LLPs.

9.  Why are fiscal stimulus packages bad for central bankers?

That's it for today.  Happy reading.

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Sunday, April 26

[Indian Current Affairs:794] Current affairs briefing for 27th April, 2009

Hi friends,


IN today's briefing:

1.  IT companies are planning to hire more foreigners abroad.

2.  Is ICICI Bank an 'Indian' bank?  It fights to stay 'Indian' in the wake of Press Note 2 of 2009.

3.  Why is government toying with the idea of enhancing the data encryption standards?  What is the motive?

4.  Should English be banned in our country?

5.  An interesting excerpt that explains about global supply chains and the role they play in world trade.  Worth a read.

6.  A recap of a couple of major sporting events that India will be hosting in the next couple of years.

7.  GMR reportedly buying Liverpool.

8.  Language lessons: invidious, fig-leaf

That's it for today.  Happy reading.

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Saturday, April 25

[Indian Current Affairs:793] Current affairs briefing for 25th April, 2009

Hi friends,

There is not much worth our attention from papers today.  Here is the link anyway: http://indiancurrentaffairs.blogspot.com/2009/04/25042009.html

In today's noting:

1.  We note a bit about the spectrum allocation issue.  How the government is going to change the rules.

2.  The Satyam scam has made the government sit up and mandate banks to part with information to auditors.

3.  A bit about World Heritage convention.

4.  Language lesson: felicity

That's it for today.  Happy reading.


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Thursday, April 23

[Indian Current Affairs:792] Current affairs briefing for 23rd April, 2009

Hi friends,


In today's briefing:

1.  Pointer to a very good editorial on electricity distribution reform.

2.  Who are Luddites?  We heard about them in history; didn't we?  Now we have Mulayam as their follower.

3.  A new tribunal with Justice Somayajulu as its head for accounting professionals.

4.  IOC to report loss for the first time in 50 years.

5.  Companies may be allowed to pay abroad in stocks.

6.  What makes US t-bonds the preferred investment vehicle?

7.  Falling TRPs give IPL some jitters.

8.  Language lessons: atelier, stiletto, fictive

That's it for today.  Happy reading.

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Wednesday, April 22

[Indian Current Affairs:791] Current affairs briefing for 22nd April, 2009

Hi friends,


In today's briefing:

1.  RBI reduces repo and reverse repo rates in its monetary policy announcement.

2.  Who exactly manages the country's forex reserves?

3.  Royalty and trademark licence fee ceilings to be enhanced.

4.  The country adds record breaking telecom connections.  Broadband too is doing well.

5.  An excellent lesson on understanding the current global financial crisis.

6.  Look at IMF figures on banking losses.

7.  What is India's Astrosat about?

8.  Some alarming findings on cervical cancer in India.

9.  Language lesson: leery

That's it for today.  Happy reading.

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Monday, April 20

[Indian Current Affairs:790] Current affairs briefing for 21st April, 2009

Hi friends,


In today's briefing:

1.  We take a look at some attention grabbing headlines; just the headlines.

2.  Credit and debit card usage in India; some figures.

3.  Sugar production nosedives to 15 mn tonnes.

4.  Some banking figures - about number of foreign banks and private bank branches.

5.  What are debt recovery tribunals?  How do they function?  Who is a 'receiver'?  How many DRTs are there in the country?

6.  India launches its own spy satellite.  Interestingly the second version gets launched first, even as version 1 is in development stage.

7.  Sustainable development and Jeffrey Sachs are synonymous.  Time we looked at it.

8.  Language lessons: gnaw at; nary; polemic

That's it for today.  Happy reading.

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Friday, April 17

[Indian Current Affairs:789] Current affairs briefing for 18th April, 2009

Hi friends,


IN today's briefing:

1.  Infosys's Narayana Murthy turns venture capitalist.

2.  PSUs mandated to spend at least 2% of their net profits on CSR.

3.  Isn't it bad in taste that Dhoni and Bhajji did not appear to receive the Padma awards?

4.  IPL Stage II expected to rake in close to Rs. 800 crores.

5.  What is meant by 'near normal' rainfall?

6.  Internet spam's contribution to GHG emissions.

7.  Pirate Bay associates get 1 year jail term.

8.  Language lessons: impervious, detritus.

That's it for today.  Happy reading.

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http://indiancurrentaffairs.blogspot.com


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Thursday, April 16

[Indian Current Affairs:788] Current affairs briefing for 16th April, 2009

Hi friends,


In today's briefing:

1.  The nation goes for the first phase of polling today.  Look at the graphic pointed out to.

2.  Infosys announces results.  IT sector sombre; because of its guidance.

3.  What is a 'strip' in futures and options parlance?  An interesting note from Ranbaxy's owes.

4.  Three areas where banks can expect tighter regulation in the coming years.

5.  Snippets about telecom penetration in our country.

6.  The certification process of organic products in India.

7.  Is the world economy looking up; finally?  

8.  A good critique on the recently concluded G20 summit and what India should do.

9.  Ever heard of virtualization?  In the context of IT?  An interesting note on the subject.

That's it for today.  Happy reading and happy voting.

--
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Wednesday, April 15

[Indian Current Affairs:787] Current affairs briefing for 15th April, 2009

Hi friends,


In today's briefing:

1.  What is it that the government proposing to tighten the regulations relating to clinical trials?  Any idea?

2.  An excerpt of an excellent criticism on our political process.  Worth our attention.

3.  Ever heard of ICD 10?  What is it?  What does it stand for?  What does it enable?

4.  What are MFOs?  We have surely heard of NFOs.  But MFOs?

5.  Investors move tons of their money from mutual funds in 2008-09.

6.  Excerpt from Doing Business in India report of the World Bank.  

7.  What did the G20 miss in prescribing measures for mitigating systemic risk?  What counter-cyclical measure did it miss in this regard?

That's it for today.  Happy reading.

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Tuesday, April 14

[Indian Current Affairs:786] Current affairs briefing for 14th April, 2009

Hi friends,


In today's briefing:

1.  Who are the 'game changers' in the present electoral scene?

2.  Tech Mahindra emerges the successful bidder for Satyam takeover.

3.  Some Q & A session about the recent G20 meet and the role of US dollar as an international reserve currency.

4.  What measures can you suggest to improve the liquidity problem being faced by corporate India?

5.  India keeps adding record telephone connections.  Vodafone overtakes Airtel in new additions.

6.  What role should IIFCL play to make a difference to the economy?  A pointer to an excellent article.

7.  Language lessons: burnished, Sisyphean challenge.

That's it for today.  Happy reading.

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Saturday, April 11

[Indian Current Affairs:785] Current affairs briefing for 11th April, 2009

Hi friends,


In today's briefing:

1.  The PM seems to be reading something that is written on the wall.  Is it time for coalition governments at the centre?

2.  NPPA takes some measures to educate the consumer.

3.  IRDA is setting up a body to tackle health-cover woes of common people.

4.  What is the EU pledge?  Is there an Indian counterpart to it?

5.  RBI eases some accounting norms for lenders.

6.  CAR strength to decide bank mergers.

7.  A pointer to an excellent article on internal audit function in companies.

8.  Cause for cheer on FDI front.

9.  Pakistan now says that there is Indian involvement in Lahore blasts.

10.  eyetooth, egregious, evisceration... in language lessons.

That's it for today.  Happy reading.

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Friday, April 10

[Indian Current Affairs:784] Current affairs briefing for 10th April, 2009

Hi friends,


In today's briefing:

1.  Government moves a step closer to nailing black money. Makes PAN mandatory for more transactions.

2.  Indian middle class's involvement in politics is attracting unusual interest this time round.  Pointer to an excellent article.

3.  When will we master the art of wheat procurement?  Or do we do all this deliberately?

4.  Inflation touches a 33 year record low of 0.26%!!

5.  How did Novartis run foul of drug retailers?

6.  What are biosimilars?  Ever heard of them?

7.  What is a 'straddle' in futures and options market?

8.  NELP VIII blocks.

9.  A bit about SWF exposure to India.

10.  Know anything about pixel advertising?

11.  Pointer to a very creative ad.  Tempted to give it on the blog itself; but stayed away because some of you are finding such items offensive.

12.  cockerel, pillory, mirthful... in our language lessons.

That's it for today.  Happy reading.

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Wednesday, April 8

[Indian Current Affairs:783] Current affairs briefing for 9th April, 2009

Hi friends,


In today's briefing:

1.  1715 candidates in the first round of Parliamentary elections.

2.  Want to rile against the nomination of communally tainted person in elections?  You may like this criticism.

3.  Banks see an end to sub-PLR loans.

4.  Bank loan growth take a dive.

5.  Deepak Chopra's way of looking at the present global economic crisis and his solutions.

6.  Why are inter country adoptions in the news again?  Is there an international convention regulating them?

7.  Can you say something about the Rwandan genocide in one or two sentences?

8.  Yellow Shirts vs. Red Shirts in Thailand.

That's it for today.  Happy reading.

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[Indian Current Affairs:782] Small Survey

Hello friends,


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Click here to see the Survey


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Tuesday, April 7

[Indian Current Affairs:781] Current affairs briefing for 8th April, 2009

Hi friends,

Because we were very busy yesterday, we couldn't do yeterday's posting yesterday itself.  Take a look at the post here:  http://indiancurrentaffairs.blogspot.com/2009/04/07042009.html

Then we go with our post for today here:  http://indiancurrentaffairs.blogspot.com/2009/04/08042009.html

In today's briefing:

1.  Chidambaram is the latest victim in a shoe-throwing incident.  Who are the other notables?

2.  Update on Satyam probe.  CBI files charge sheet.

3.  New fuel norms set to kick off from April 1, 2010.

4.  Snippet about various ways in which we can fly.

5.  How should we handle food surpluses?  A very good listing of suggestions.

6.  When can you sense liquidity overhang in a system?  

7.  Can you given an example of global macro-economic imbalance?

8.  Compare Indian and US bank advances figures.

9.  Exports nosedive; sixth time in a row.  But is there cause for worry?

10.  A very complex piece on derivatives trading.  

11.  Acronym: DGAD.  What does it stand for?

12.  Language lessons: hobble, stultify, ataurky, revile.

Isn't that enough for today?  Happy reading.  


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Sunday, April 5

[Indian Current Affairs:780] Current affairs briefing for 6th April, 2009

Hi friends,


In today's briefing:

1.  You do something; I will wreck it.  I do something; you wreck it.  This is how the Rajasthan government scheme about financial inclusion is hanging fire.

2.  Satyam's CFO gives clean chit to PWC auditors.

3.  Why is the only banks are seen as 'too big to fail' but not manufacturing behemoths like GM?

4.  G20's agreement to take action against non-cooperative jurisdictions like Mauritius should hurt India; isn't it?  But it doen't.  How?

5.  Titbit about CFSA.  What does it stand for?

6.  How did the US dollar come to occupy prime place in international trade?  An excellent article from SSA Aiyar.

7.  Can you list out the achievements of the recent G20 summit?  Compare your list with the one given in the blog.  What are its failures?

8.  IMF asked to sell gold to assist poor countries.  How much gold does it hold?

9.  North Korea fires a long range rocket.  And invites international opprobrium.  

10.  Jupiter's 'great red spot'.  What is it about?  Why is it in the news?

11.  Language lessons: ferul, mordant, droll.

That's enough for today.  Happy reading.

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Wednesday, April 1

[Indian Current Affairs:779] Current affairs briefing for 1st April, 2009

Hi friends,


In today's briefing:

1.  An excellent editorial on Pakistan's current state of affairs from ET.

2.  CDMA players get a bonanza.  They can now offer GSM services too.

3.  India's VVIPs get new power toys.  That is, new planes to fly in.

4.  India gets its first consignment of Uranium after the Indo US nuclear deal.  From France.

5.  How will Detroit determine employment in India?  An explanation.

6.  Take a look at the linkages that take our country down when the global economy goes into recession.

7.  Our external debt figures are worrisome.

8.  World Bank announces $50 bn package.  Who will it help?  What are the details?  Nobody seems to be knowing it; at least for the moment.

9.  An excellent lowdown on Obama's $1 trillion package.  

That's it for today.  Happy reading.

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