Current Affairs – June, 2013

Banks to audit documents of credits of Rs 5 Crore and above periodically: RBI

As per the directions made by RBI, Banks will have to do periodical audits and re-verification of the documents of all credits of and above Rs 5 crore, till the loan is completely repaid. The instructions have been made in order to check frauds. As notified by the RBI, the banks should provide quarterly review Read More…

200 Indians victim of cheating stranded in Saudi Arabia

Around 200 skilled and unskilled laborers from different states of India are stranded in Saudi Arabia after their Bangladeshi employer cheated them. The worker were promised jobs in a plastic factory, but were made to clean toilets. They have appealed to the government of India for help to return home. Duped by Agents It has become a serious problem for India Read More…

Rs 10 crore transferred through DBT of LPG

The Direct Benefit Transfer (DBT) of LPG which was launched in 18 districts of the country has successfully disbursed a subsidy of Rs 435 to each of 250,000 households within the first week of its launch. Under the scheme launched on June 1, LPG consumers get Rs 435 in their bank accounts when they book an LPG Read More…

BJP appoints Narendra Modi as Chairman of its Campaign Committee for 2014 polls

All the uncertainties about who will head the major opposition party- Bharatiya Janata Party (BJP) were brought to an end as party President Rajnath Singh announced Narendra Modi as the Chairman of the party’s Campaign Committee for 2014 general elections. Modi was recently appointed a member of the party’s parliamentary board.

Indian firm proposes to set up power plants to Pakistan

Delhi-based Desein Private Ltd, a power consultancy firm, has submitted proposals for offered its services to the Pakistan government for the production of cheap electricity. Pakistan is currently going through a massive energy crisis. The Indian company has proposed the setting up of power plants that will use local coal or lignite. Desein, which provides services in India and Read More…