101. A Securities and Exchange Board of India (SEBI)-appointed panel headed by K. M. Chandrasekhar recommended merging of existing foreign institutional investors (FIIs), sub-accounts and qualified foreign investors (QFIs) into a new investor class, Foreign Portfolio Investor (FPI).
102. The Union Cabinet cleared the Mental Health Care Bill, 2013 that makes access to mental health care a right of all persons. Such services should be affordable, of good quality and available without discrimination.
103. The U.S. Supreme Court ruled that companies cannot patent parts of naturally-occurring human genes.
104. A German official says the country plans to create an €8 billion ($10.6 billion) emergency fund to pay for damage caused by recent flooding. The Elbe, the Danube and other rivers overflowed their banks
following persistent heavy rain, causing extensive damage over the past two weeks in southern and northeastern Germany.
105. Jet Airways (India) has appointed Australian national Gary Kenneth Toomey (58) as its new Chief Executive Officer (CEO).
106. National Crime Records Bureau (NCRB) in its report, , reveal that Bangalore alone accounts for 24.4 per cent of cyber crimes booked under the IT Act among 53 ‘megacities’ across India.
107. The wholesale price index-based (WPI) inflation fell to 4.7 per cent in May.
108. Prime Minister Manmohan Singh has sanctioned a Rs.1,043-crore atomic research centre at Achuthapuram in Visakhapatnam to carry out research and monitor various activities relating to atomic energy usage. The research unit, the second such centre after Mumbai, will be established by the Bhaba Atomic Research Centre (BARC).
109. Chinese supercomputer reported to be fastest in the world. According to a survey results announced, Tianhe-2, a supercomputer developed by China’s National University of Defense Technology, achieved processing speeds of 33.86 petaflops (1000 trillion calculations) per second on a benchmarking test. Its main rival, the U.S.-designed Titan, had achieved a performance of 17.59 petaflops per second.
110. If any unmarried couple of the right legal age “indulges in sexual gratification,” this will be considered a valid marriage and they could be termed “husband and wife,” the Madras High Court has ruled in a judgment.
111. AirAsia India appointed S. Ramadorai as its Chairman, a day after getting Tata Group patriarch Ratan Tata as the chief advisor. AirAsia India is a joint venture of Air Asia, Tata Sons and Arun Bhatia of Telestra Tradeplace with 49:30:21 holding.
112. Czech Prime Minister Petr Necas resigned over a corruption and spying scandal involving his top aide.
113. Iran’s newly-elected president Hassan Rouhani ruled out any halt to the nuclear activity that has drawn U.N. sanctions.
114. The Reserve Bank of India (RBI) kept its policy rates unchanged. The central bank decided to keep the cash reserve ratio (CRR) unchanged at four per cent.
115. Telecom Regulatory Authority of India (TRAI) reduced the ceiling level for national roaming tariffs from 1 July. While the telecom regulator ruled out fully free national roaming for the time being, it added that subscribers will be able to enjoy fully free roaming in lieu of a fixed payment to the service provider.
116. Telecom Regulatory Authority of India (TRAI) is all set to recommend the creation of an ‘institutional buffer between corporate owners and newspaper management’ to the government.
117. To end criminalisation of politics, the Law Commission of India headed by Justice D.K. Jain, has sought the views of political parties and other stakeholders on whether a charge-sheeted person can be disqualified from contesting elections. It also wanted to know whether law should be amended to prevent a person from contesting in more than one constituency.
118. White House officials announced that Washington was open to direct talks with Taliban and the first meeting will soon be held in the group’s new office in Doha.
119. Committee headed by Economic Affairs Secretary Arvind Mayaram recommended easing of existing ceilings of FDI in a host of sectors such as defence, telecommunications, public sector banks and insurance, petroleum refining as well as single and multi-brand retail.
120. Bihar Chief Minister Nitish Kumar won confidence in Bihar Assembly.
121. Prime Minister Manmohan Singh announced a financial assistance of Rs. 1,000 crore to Uttarakhand for disaster relief.
122. The European Commission imposed a fine of 146 million euro on nine pharma companies, including Ranbaxy Laboratories. Ranbaxy Laboratories has been fined euro 10.32 million (over Rs.80 crore).
123. The RBI-backed payment network, RuPay, which is widely seen as a domestic alternative to MasterCard and Visa, has been quietly rolled out for e-commerce use by the National Payments Corporation of India (NPCI).
124. Kyrgyz lawmakers have voted to shut down a key United States airbase despite Washington’s efforts to retain the facility beyond its forces drawdown in Afghanistan next year.
125. Commodity Transaction Tax (CTT) will come into effect from July 1 with a levy of 0.01 per cent of the transactional value being applicable on the seller in futures trading of a host of items such as gold, sugar and edible oils. Apart from gold, other commodities such as silver, crude oil and base metals and processed farm items such as sugar, soya oil, mentha oil and guar gum will also come under CTT.
126. The Union Ministry of Women and Child Development (WCD) announced that it had constituted a committee headed by K. Ratna Prabha to finalise modalities for a media campaign against indecent portrayal of women in mass media.
127. The Cabinet Committee on Economic Affairs (CCEA) approved a Food Ministry’s proposal to offload 105 lakh tonnes of food grains from Food Corporation of India stocks in the open market to contain retail prices.
128. Miroslava Nemcova will be next Prime Minister of the Czech RepublicMs.
129. Swiss bank announced that they had refused to reopen bank account probe into alleged corruption in the 1990s by current Pakistani President Asif Ali Zardari and his late wife Benazir Bhutto.
130. Indian infrastructure major GMR has sought a compensation of $1.4 billion from Maldives for the “wrongful termination” of its 25-year contract to develop and operate the Male International Airport.
131. The Telecom Regulatory Authority of India’s (TRAI) decided to cap the duration of advertisements at 12 minutes per hour for broadcasters. The regulation, which will come into force from October 1, through a phased manner.
132. Reliance Capital, , said it had decided to suspend sale of gold in physical form, including supply of gold coins for sale through India Post, and also as an investment product, across all its businesses and subsidiaries.
133. In a fresh crackdown against ‘collective investment schemes’, Securities and Exchange Board of India (SEBI) has asked Alchemist Infra Realty Ltd. to wind up all such activities and refund the money collected from public investors, which could be more than Rs.1,000 crore, within three months.
134. India has been put on a list of “high-risk” Asian and African countries whose citizens would be required to deposit £3,000 cash bond when they apply for a British visa. The money would be forfeited if they overstay.
135. The Fourth Strategic Dialogue co-chaired by U.S. Secretary of State John Kerry and External Affairs Minister Salman Khurshid reviewed several issues ranging from the status of civil nuclear ties between the two countries through defence trade to education and cultural exchanges in New Delhi.
136. William D. Dar, director general of International Crop Research Institute for Semi-Arid Tropics, has been selected for the M.S. Swaminathan award for leadership in agriculture for 2013.
137. Pakistan’s government said it would put former military ruler Pervez Musharraf (69) on trial for treason, charges punishable by death or life imprisonment.
138. The Reserve Bank of India extended the deadline for introduction of additional security features for payment through debit and credit cards as banks and related entities had yet to put in place the requisite infrastructure.
139. An Mi-17 V5 helicopter of the Indian Air Force crashed killing at least nine people including crew members on board while on a rescue mission to Kedarnath in Gaurikund area.
140. The Telecom Regulatory Authority of India (TRAI) extended till July 10 the deadline for consumers to submit the consumer application forms to multi-system and cable operators, indicating their choice of channels.
141. After a biography penned by his younger brother and Public Works Department Minister Shivpal Singh Yadav, Samajwadi Party president Mulayam Singh Yadav now plays the central character in a documentary, Aapatkal ke Mahanayak (Megastar of the Emergency).
142. Chief Minister Oommen Chandy will leave for Bahrain to receive the United Nations global award for public service from Secretary-General Ban Ki-moon.
143. The rupee continued its streak of hitting undesirable milestones and touched an all-time low
of 60.76 a dollar. But it closed lower than its previous record low of 59.98.
144. Kevin Rudd staged a comeback after he ousted Prime Minister Julia Gillard as head of Australia’s ruling Labor Party in a leadership ballot.
145. Karnataka has joined the 11 other States and Union Territories that have agreed to allow foreign direct investment (FDI) in multi-brand retail.
146. Three Indian projects will receive U.N. Public Service Awards this year. The projects are Mass Contact Programme of Kerala, Swavalamban of District Administration of Dhanbad in Jharkhand and Graamin Haat programme of Department of Cottage and Rural Industries in Madhya Pradesh.
147. Reliance Capital of Anil Dhirubai Ambani Group (ADAG) informed that it will be submitting an application for a banking licence with the Reserve Bank of India. Sumitomo Mitsui Trust Bank (SMTB) and Nippon Life Insurance, two leading financial institutions from Japan, propose to take between 4-5 per cent stake each in the new bank subject to necessary regulatory approvals. Religare Enterprises, for its part, has taken a strategic decision to apply for a banking licence.
148. Intel launched its fourth generation core processor.
149. Foreign direct investment (FDI) inflows to India declined by 29 per cent to $26 billion in 2012 due to slow economic growth and high inflation, the United Nations Conference on Trade and Development (UNCTAD) has said.
150. Manmohan Singh government approved a doubling of natural gas prices from the present $4.2 mbtu to $8.4 mbtu from April 1, 2014. While the Rangarajan panel had recommended revising domestic gas prices every month, the CCEA has opted for a quarterly revision.
151. Reserve Bank of India (RBI) pegged the current account deficit (CAD) at 4.8 per cent of the GDP in 2012-13 came as a big respite.
152. Tata Communications Payment Solutions Ltd. (TCPSL), a subsidiary of Tata Communications rolled out the first-ever white label Automated Teller Machines (ATMs) network under the brand Indicash. In this front, the company has tied up with Federal Bank, which has been designated as a sponsor bank to take care of cash operations, dispute resolutions and regulatory reporting. It will accept all domestic debit cards with the first five transactions a month being free, in line with RBI regulations for use of ‘Other Bank ATMs’.
153. Reliance Infra, which runs the Delhi Airport Metro line, has refused to operate it beyond June 30. DMRC will operate this project.
154. Indian armed forces are planning to spend around Rs 6 lakh crore to get hi-tech equipment such as robots for combat roles, precision-guided missiles and watch-dog satellites, according to a Defence Ministry document.
155. India's external debt rose by nearly 13 per cent to USD 390 billion in 2012-13, mainly due to rise in short-term trade credit and external commercial borrowings (ECBs) in the back of high current account deficit, the Reserve Bank said.
156. Wholesale inflation dropped for a fourth straight month in May to a more than three-year low of 4.70% from 4.89% in April on cheaper manufactured and fuel products, showed the data released by the industry ministry.
157. Retail inflation Consumer Price Index (CPI) stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items, even as vegetable prices inched up sharply.
158. State Bank of India (SBI) customers will have to pay Rs 60 per year for getting SMS alerts.
159. About three dozens entities, including billionaires like Aditya Birla Group, Tata Capital, Religare, Reliance Capital, are applying for bank licences, the deadline for which expires 1 July. This list include country's oldest financial institution IFCI, IDFC, India Infoline, Videocon Industries, SREI Infrastructure Finance etc, Bajaj Finance and the Department of Posts.
160. The Department of Post submitted application before the RBI for a licence to offer full-fledged banking services
102. The Union Cabinet cleared the Mental Health Care Bill, 2013 that makes access to mental health care a right of all persons. Such services should be affordable, of good quality and available without discrimination.
103. The U.S. Supreme Court ruled that companies cannot patent parts of naturally-occurring human genes.
104. A German official says the country plans to create an €8 billion ($10.6 billion) emergency fund to pay for damage caused by recent flooding. The Elbe, the Danube and other rivers overflowed their banks
following persistent heavy rain, causing extensive damage over the past two weeks in southern and northeastern Germany.
105. Jet Airways (India) has appointed Australian national Gary Kenneth Toomey (58) as its new Chief Executive Officer (CEO).
106. National Crime Records Bureau (NCRB) in its report, , reveal that Bangalore alone accounts for 24.4 per cent of cyber crimes booked under the IT Act among 53 ‘megacities’ across India.
107. The wholesale price index-based (WPI) inflation fell to 4.7 per cent in May.
108. Prime Minister Manmohan Singh has sanctioned a Rs.1,043-crore atomic research centre at Achuthapuram in Visakhapatnam to carry out research and monitor various activities relating to atomic energy usage. The research unit, the second such centre after Mumbai, will be established by the Bhaba Atomic Research Centre (BARC).
109. Chinese supercomputer reported to be fastest in the world. According to a survey results announced, Tianhe-2, a supercomputer developed by China’s National University of Defense Technology, achieved processing speeds of 33.86 petaflops (1000 trillion calculations) per second on a benchmarking test. Its main rival, the U.S.-designed Titan, had achieved a performance of 17.59 petaflops per second.
110. If any unmarried couple of the right legal age “indulges in sexual gratification,” this will be considered a valid marriage and they could be termed “husband and wife,” the Madras High Court has ruled in a judgment.
111. AirAsia India appointed S. Ramadorai as its Chairman, a day after getting Tata Group patriarch Ratan Tata as the chief advisor. AirAsia India is a joint venture of Air Asia, Tata Sons and Arun Bhatia of Telestra Tradeplace with 49:30:21 holding.
112. Czech Prime Minister Petr Necas resigned over a corruption and spying scandal involving his top aide.
113. Iran’s newly-elected president Hassan Rouhani ruled out any halt to the nuclear activity that has drawn U.N. sanctions.
114. The Reserve Bank of India (RBI) kept its policy rates unchanged. The central bank decided to keep the cash reserve ratio (CRR) unchanged at four per cent.
115. Telecom Regulatory Authority of India (TRAI) reduced the ceiling level for national roaming tariffs from 1 July. While the telecom regulator ruled out fully free national roaming for the time being, it added that subscribers will be able to enjoy fully free roaming in lieu of a fixed payment to the service provider.
116. Telecom Regulatory Authority of India (TRAI) is all set to recommend the creation of an ‘institutional buffer between corporate owners and newspaper management’ to the government.
117. To end criminalisation of politics, the Law Commission of India headed by Justice D.K. Jain, has sought the views of political parties and other stakeholders on whether a charge-sheeted person can be disqualified from contesting elections. It also wanted to know whether law should be amended to prevent a person from contesting in more than one constituency.
118. White House officials announced that Washington was open to direct talks with Taliban and the first meeting will soon be held in the group’s new office in Doha.
119. Committee headed by Economic Affairs Secretary Arvind Mayaram recommended easing of existing ceilings of FDI in a host of sectors such as defence, telecommunications, public sector banks and insurance, petroleum refining as well as single and multi-brand retail.
120. Bihar Chief Minister Nitish Kumar won confidence in Bihar Assembly.
121. Prime Minister Manmohan Singh announced a financial assistance of Rs. 1,000 crore to Uttarakhand for disaster relief.
122. The European Commission imposed a fine of 146 million euro on nine pharma companies, including Ranbaxy Laboratories. Ranbaxy Laboratories has been fined euro 10.32 million (over Rs.80 crore).
123. The RBI-backed payment network, RuPay, which is widely seen as a domestic alternative to MasterCard and Visa, has been quietly rolled out for e-commerce use by the National Payments Corporation of India (NPCI).
124. Kyrgyz lawmakers have voted to shut down a key United States airbase despite Washington’s efforts to retain the facility beyond its forces drawdown in Afghanistan next year.
125. Commodity Transaction Tax (CTT) will come into effect from July 1 with a levy of 0.01 per cent of the transactional value being applicable on the seller in futures trading of a host of items such as gold, sugar and edible oils. Apart from gold, other commodities such as silver, crude oil and base metals and processed farm items such as sugar, soya oil, mentha oil and guar gum will also come under CTT.
126. The Union Ministry of Women and Child Development (WCD) announced that it had constituted a committee headed by K. Ratna Prabha to finalise modalities for a media campaign against indecent portrayal of women in mass media.
127. The Cabinet Committee on Economic Affairs (CCEA) approved a Food Ministry’s proposal to offload 105 lakh tonnes of food grains from Food Corporation of India stocks in the open market to contain retail prices.
128. Miroslava Nemcova will be next Prime Minister of the Czech RepublicMs.
129. Swiss bank announced that they had refused to reopen bank account probe into alleged corruption in the 1990s by current Pakistani President Asif Ali Zardari and his late wife Benazir Bhutto.
130. Indian infrastructure major GMR has sought a compensation of $1.4 billion from Maldives for the “wrongful termination” of its 25-year contract to develop and operate the Male International Airport.
131. The Telecom Regulatory Authority of India’s (TRAI) decided to cap the duration of advertisements at 12 minutes per hour for broadcasters. The regulation, which will come into force from October 1, through a phased manner.
132. Reliance Capital, , said it had decided to suspend sale of gold in physical form, including supply of gold coins for sale through India Post, and also as an investment product, across all its businesses and subsidiaries.
133. In a fresh crackdown against ‘collective investment schemes’, Securities and Exchange Board of India (SEBI) has asked Alchemist Infra Realty Ltd. to wind up all such activities and refund the money collected from public investors, which could be more than Rs.1,000 crore, within three months.
134. India has been put on a list of “high-risk” Asian and African countries whose citizens would be required to deposit £3,000 cash bond when they apply for a British visa. The money would be forfeited if they overstay.
135. The Fourth Strategic Dialogue co-chaired by U.S. Secretary of State John Kerry and External Affairs Minister Salman Khurshid reviewed several issues ranging from the status of civil nuclear ties between the two countries through defence trade to education and cultural exchanges in New Delhi.
136. William D. Dar, director general of International Crop Research Institute for Semi-Arid Tropics, has been selected for the M.S. Swaminathan award for leadership in agriculture for 2013.
137. Pakistan’s government said it would put former military ruler Pervez Musharraf (69) on trial for treason, charges punishable by death or life imprisonment.
138. The Reserve Bank of India extended the deadline for introduction of additional security features for payment through debit and credit cards as banks and related entities had yet to put in place the requisite infrastructure.
139. An Mi-17 V5 helicopter of the Indian Air Force crashed killing at least nine people including crew members on board while on a rescue mission to Kedarnath in Gaurikund area.
140. The Telecom Regulatory Authority of India (TRAI) extended till July 10 the deadline for consumers to submit the consumer application forms to multi-system and cable operators, indicating their choice of channels.
141. After a biography penned by his younger brother and Public Works Department Minister Shivpal Singh Yadav, Samajwadi Party president Mulayam Singh Yadav now plays the central character in a documentary, Aapatkal ke Mahanayak (Megastar of the Emergency).
142. Chief Minister Oommen Chandy will leave for Bahrain to receive the United Nations global award for public service from Secretary-General Ban Ki-moon.
143. The rupee continued its streak of hitting undesirable milestones and touched an all-time low
of 60.76 a dollar. But it closed lower than its previous record low of 59.98.
144. Kevin Rudd staged a comeback after he ousted Prime Minister Julia Gillard as head of Australia’s ruling Labor Party in a leadership ballot.
145. Karnataka has joined the 11 other States and Union Territories that have agreed to allow foreign direct investment (FDI) in multi-brand retail.
146. Three Indian projects will receive U.N. Public Service Awards this year. The projects are Mass Contact Programme of Kerala, Swavalamban of District Administration of Dhanbad in Jharkhand and Graamin Haat programme of Department of Cottage and Rural Industries in Madhya Pradesh.
147. Reliance Capital of Anil Dhirubai Ambani Group (ADAG) informed that it will be submitting an application for a banking licence with the Reserve Bank of India. Sumitomo Mitsui Trust Bank (SMTB) and Nippon Life Insurance, two leading financial institutions from Japan, propose to take between 4-5 per cent stake each in the new bank subject to necessary regulatory approvals. Religare Enterprises, for its part, has taken a strategic decision to apply for a banking licence.
148. Intel launched its fourth generation core processor.
149. Foreign direct investment (FDI) inflows to India declined by 29 per cent to $26 billion in 2012 due to slow economic growth and high inflation, the United Nations Conference on Trade and Development (UNCTAD) has said.
150. Manmohan Singh government approved a doubling of natural gas prices from the present $4.2 mbtu to $8.4 mbtu from April 1, 2014. While the Rangarajan panel had recommended revising domestic gas prices every month, the CCEA has opted for a quarterly revision.
151. Reserve Bank of India (RBI) pegged the current account deficit (CAD) at 4.8 per cent of the GDP in 2012-13 came as a big respite.
152. Tata Communications Payment Solutions Ltd. (TCPSL), a subsidiary of Tata Communications rolled out the first-ever white label Automated Teller Machines (ATMs) network under the brand Indicash. In this front, the company has tied up with Federal Bank, which has been designated as a sponsor bank to take care of cash operations, dispute resolutions and regulatory reporting. It will accept all domestic debit cards with the first five transactions a month being free, in line with RBI regulations for use of ‘Other Bank ATMs’.
153. Reliance Infra, which runs the Delhi Airport Metro line, has refused to operate it beyond June 30. DMRC will operate this project.
154. Indian armed forces are planning to spend around Rs 6 lakh crore to get hi-tech equipment such as robots for combat roles, precision-guided missiles and watch-dog satellites, according to a Defence Ministry document.
155. India's external debt rose by nearly 13 per cent to USD 390 billion in 2012-13, mainly due to rise in short-term trade credit and external commercial borrowings (ECBs) in the back of high current account deficit, the Reserve Bank said.
156. Wholesale inflation dropped for a fourth straight month in May to a more than three-year low of 4.70% from 4.89% in April on cheaper manufactured and fuel products, showed the data released by the industry ministry.
157. Retail inflation Consumer Price Index (CPI) stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items, even as vegetable prices inched up sharply.
158. State Bank of India (SBI) customers will have to pay Rs 60 per year for getting SMS alerts.
159. About three dozens entities, including billionaires like Aditya Birla Group, Tata Capital, Religare, Reliance Capital, are applying for bank licences, the deadline for which expires 1 July. This list include country's oldest financial institution IFCI, IDFC, India Infoline, Videocon Industries, SREI Infrastructure Finance etc, Bajaj Finance and the Department of Posts.
160. The Department of Post submitted application before the RBI for a licence to offer full-fledged banking services
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