Current Affairs – June, 2013

Kerala launches Seaplane service

With an aim to boost tourism in the state launched the seaplane service at a function on the Asramam banks of Ashtamudi Lake amid protests from the fishing community who are of the view that the service would affect their business. What would the Seaplane service offer? The seaplane service will be available for tourists Read More…

Union Government approves National Oil Spill Contingency Plan

In order to mitigate the impact of oil spills on the marine environment the Union Government has approved the National Oil Spill Contingency Plan (NOSDCP). The central objective behind this plan is to reduce the impact of all oil spills on the environment by setting specific standards for oil spill equipment stockpiles, establishing time frames Read More…

Tension escalate b/w Egypt and Ethiopia over Nile water diversion

Dispute b/w Egypt and Ethiopia has resurfaced over the diversion of a major Nile tributary even as Ethiopia continues construction of Africa’s biggest dam, the Grand Ethiopian Renaissance Dam, on the world’s longest river. What is the issue? Background: Nile, which is also famous as the longest river on the planet, is considered to originate from Lake Read More…

IndusInd Bank ties up with American Express to launch credit card for affluent customers

IndusInd Bank has joined hands with American Express to unveil IndusInd Bank Iconia American Express Card for its rich customers. Card Benefits The card offers its customers reward points and lifestyle benefits such as golf, entertainment, travel and dining. Subscribers of the card will get a reward of 1.5 point on weekdays and of 2 points on the weekends on Read More…

Fact Box: India Post 2012 Project

What is ‘India Post 2012’ project? ‘India Post 2012’ project is a multi-faceted IT automation programme which was cleared in year 2010 by Cabinet Committee on Economic Affairs with a total outlay of 1877.2 crores. Vision of the Project: India Post 2012 aims at transforming Department of Posts into a “Technology Enabled, Self Reliant Market Read More…