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Current Affairs - 5 december 2013

Published on Thursday, December 05, 2013

Delhi polling sets a new record of 65%

  • Young Voters pushed Delhi’s voting percentage to a new high of 65% surpassing 57.8% of 2008 Assembly elections. 

New talk on bilateral relation between India and Egypt

  • Indian External Affairs Minister Salman Khurshid with Egypt’s Foreign Minister Nabil Fahmy meets in New Delhi to develop bilateral relation between the two countries. 
  • The main agenda that were discussed – Economic Co-Operation and ease of work permit regulations for professionals. 
  • India is the 3 rd largest destination of Egyptian Export. 
  • Egypt is the 11 th largest destination of Indian Export. 

Fire broke out on a ship, INS Konkan

  • Fire broke out in Vishakhapatnam, no casualties reported. 

Panjab University tops the best Educational Institutional list in India

  • Panjab University crossed IIT’s and JNU (Jawahar Nehru University) to emerge as the highest ranked educational institution of our country as per the first ever survey conducted by Times Higher Education Magazine for BRICS and other emerging economies. 
  • Panjab University ranked 13 th, it is the alma mater of our PM, Mr. Manmohan Singh. 
  • China has emerged as the super power of Education Institutions among BRICS economies with 23 institutions featuring in the list. 
  • India has only 10 institutions in the esteemed list. 
  • South Africa – 5, Brazil – 4, Russia -2. 

CMD RINL – P. Madhusudan

  • P. Madhusudan is currently working as Finance Director of Rashtriya Ispat Nigam Limited (RINL). 
  • P. Madhusudan’s name was suggested by Public Enterprises Selection Board (PESB). 
  • He will take charge from 01/01/2014. 
  • RINL is also known as Vizag Steel, headquartered in Visakhapatnam. 
  • RINL is currently headed by Mr. A.P. Choudhary. 

WIPRO all set to close PC Manufacturing business

  • WIPRO will discontinue manufacturing WIPRO branded desktops, laptops and servers.
  • Major focus will be on IT solutions and services, to maintain their position as a leading SI (System Integrator).
  • WIPRO is the 3 rd largest software service player of our country.

Amnesty Scheme is the last chance for service tax evaders – Mr. P. Chidambaram

  • Ongoing amnesty scheme will end on 31 December, 2013 and it is the last chance for service tax evaders. 
  • This is also known as Voluntary Compliance Encouragement Scheme to help the tax evaders to make a new start. 

1.7 Billion Euro fine on Banks for rigging rates.

  • Highest anti- trust penalty ever imposed by European Union Competition Commission. 
  • The six financial institutions that were fined are Deutsche Bank (H/O Frankfurt- Germany) , The Royal Bank of Scotland (H/O Edinburgh – Scotland), Citi Group (H/O Manhattan – New York City, USA) , Societe Generale (H/O Paris, France) , JP Morgan (H/O London, UK and New York City, USA) and RP Martin. 
  • Germany based Deutsche Bank received the highest fine of 725.36 Million Euro. 

India – South Africa 3 Match ODI Series will kick off in Johannesburg, South Africa

  • Indian Captain: Mahendra Singh Dhoni 
  • South African captain: A.B. De Villiers. 

Maiden double century for New Zealand’s Ross Taylor

  • Only the 13 th New Zealand player to score a double century in a test innings. 
  • Opponent: West Indies
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