Jaxtr Inc., founded by Sabeer Bhatia and Yogesh Patel, has announced the launch of JaxtrSMS, a cross-platform, open-texting application to send SMSs to anyone in the world for free.

Reserve Bank of India deregulated non-resident external (NRE) deposits on 16 December 2011 allowing banks  to offer higher interest rates to dollar-denominated accounts. Reserve Bank freed the rates on non-resident external accounts, offering interest as high as 9.6% per annum.

Following RBI’s deregulation five Indian banks, including HDFC Bank and Yes Bank on 23 December 2011 raised their interest rates on such deposits in order to lure foreign money.
The Tokyo and Osaka stock exchanges have agreed to merge in 2013 to create the world’s third-biggest bourse with listed stocks worth around $3.6 trillion. The combined value of stocks listed on exchanges would trail only NYSE Euronext at $12 trillion and NASDAQ OMX Group Inc at nearly $4 trillion.

Prashant Ruia, presently the vice chairman, will take over as interim chairman while Ravi Ruia will continue as a director of Essar Energy.

Adidas, the German sportswear and equipment maker, is set to launch a shoe costing one dollar a pair in India. The shoe will be sold in villages through a distribution network.

British Sky Broadcasting Group PLC chairman James Murdoch was re-elected on 29 November 2011 in the company’s annual general meeting. He was re-elected to the position of chairman though he faced a powerful protest vote from the satellite-TV company’s independent shareholders. News Corp., run by James’s father, Rupert Murdoch, owns 39.1% of BSkyB.

British Sky Broadcasting Group comprises film and television production as well as newspaper publishing and other activities.
California-based mobile video service provider, Vuclip, has launched India’s first independent mobile movie portal — Starlight Cinema. This would offer users the options of watching shortened feature films, movie clips, songs, reviews and trailers.

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Cyrus Mistry, the younger son of construction tycoon Pallonji Shapoorji Mistry, has been chosen to succeed Rattan Tata as the Chairman of the Tata group. He will take over in December 2012. He will be the sixth and youngest chairman of the Tata group, and only the second non-Tata after Sir Nowroji Saklatvala to head the group.

Vivek Express is the new weekly train that covers India’s longest rail route from Dibrugarh in Assam to Kanyakumari in Tamil Nadu, covering the distance of 4,286 km in approximately 83 hours. The train was flagged-off on November 19, 2011.

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Queensland’s Gold Coast in Australia has been named as 2018 Commonwealth Games host.

Who was the first Ramon Magsaysay Award winner from India

Ans : Acharya Vinoba Bhave

The first recipient of Gandhi Peace Prize was

Ans : Dr. Julius N. Nyerera

Nehru Award is instituted for

Ans : International understanding and peace

Kalinga Prize, an International prize is awarded annually for the recognition of outstanding achievement in the interpretation and popularization of

Ans : Science

Magnifying glass was invented by

Ans : Roger Bacon

Polio vaccine was invented by

Ans : Jonas Edward Salk

Who discovered the Blood groups

Ans : Karl Landsteiner

Television was invented by

Ans : John L. Baird

Theory of relativity was explained by

Ans : Albert Einstein

Wireless Telegraph was invented by

Ans : Marconi

Incandescent lamp was invented by

Ans : Edison

X-Ray was discovered by

Ans : Wilhelm Roentgen

Chloroform was invented by

Ans : J.Y. Simpson

Who invented the practical Locomotive

Ans : Richard Trevithick

zone day is observed on

Ans : 16th September

World health day is on

Ans : 7th April

Navy day is celebrated on

Ans : 4th December

World Solar Energy Day

Ans : 3rd May

Commonwealth Day

Ans : Second Monday in March

World Employment Day

Ans : June 5

World Architectural Day

Ans : July 1

National Maritime Day

Ans : 5th April

Anti Terrorist Day

Ans : 21st May

World Anti-smoke Day

Ans : 31st May

Zone day is observed on

Ans : 16th September

World health day is on

Ans : 7th April

Navy day is celebrated on

Ans : 4th December

According to a global survey, “Quality of living survey, 2011” Bangalore has emerged as the best city to live in India. Vienna has been ranked as the world’s best city to live in, followed by Zurich, Auckland, Munich and Dusseldorf

Prasar Bharati  Amendment Bill 2011 passed 20 Dec 2011

Lok Sabha today passed the Prasar Bharati (Broadcasting Corporation of India) Amendment Bill 2011, pertaining to the service conditions of employees in All India Radio and Doordarshan in Prasar Bharati.With the passage of the Bill, it now stands enacted.

India beat Turkey in World Women Team Chess Championship

In the World Women Team Chess Championship going on in Mardin Turkey, the Indian women’s team led by Koneru Humpy defeated Turkey by 3.5-0.5.With this India jumped to fourth spot after the end of the second round.