Published On: Sun, Jan 13th, 2013

Current affairs India

The Election Commission of India on 11 January 2012 announced the dates for elections and by-elections in the Legislative Assemblies of 10 states. The elections/by-elections would be held in Meghalaya, Nagaland, Tripura, Assam, Bihar, Maharashtra, Mizoram, Uttar Pradesh, West Bengal and Punjab.

The states of Tripura, Meghalaya and Nagaland would go for the regular polls for 60 members in each state. The by-polls in Tripura are scheduled for 14 February 2013 and for Meghalaya and Nagaland the decided date of 23 February 2013 and the results would be announced on 28 February 2013.

Rest of the constituencies of seven different states, where the Assembly by-elections is scheduled for includes Kalyanpur (SC) (Bihar), Alagpur (Assam), Chandgad (Maharashtra), Chalfilh (ST) (Mizoram), Moga (Punjab), Bhatpar (Uttar Pradesh) and English Bazar, Nalhati Birbhum, and Rejinagar (West Bengal).

Union Cabinet approved 12517 crore Rupees of Capital Infusion in 10 PSU Banks

The Union Cabinet on 10 January 2013 approved a proposal of infusing 12517 crores rupees in public sector banks so that bank could enhance the lending activity and meet the capital adequacy norms.

RBI: Private Sector of India registered a Net Profit of 4.3 percent in First Half of 2012-13

Data released by RBI, reports that the Private Corporate Sector of India has registered a 4.3 percent increase in the net profits in the first half of 2012-13

Union Government approved Ten Percent Stake Sale in Engineers India Ltd (EIL)

The Union Government on 10 January 2013 approved 10 per cent stake sale in Engineers India Ltd (EIL), which is supposed to bring back a sum of around 800 crore Rupees to the government.

RBI set up Working Group to review Banking Ombudsman Scheme

The Reserve Bank of India in the month of January 2013 had set up a working group to evaluate and make improvements in the grievance redressal mechanism for bank customers…

Manufacturing Sector Displayed Six-Month Highest Growth in December 2012: Survey

The Purchasing Managers’ Index from HSBC survey revealed on 2 Jan 2013 that the manufacturing activity of India increased in Dec 2012 to maximum in six months.


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