Current Affairs – June, 2013

Nano car enters Guinness World Records

Tata Motors’ small car Nano has entered into the Guinness World Records for driving on a longest journey by circumnavigatingthe entire country. The expedition was complete in 10 days driving 10,218 km in a Tata Nano from Kanyakumari in southern Tamil Nadu to circumnavigate the country and return to Bangalore. The car broke the previous record of 8,046 km. The expedition Read More…

Indians among top 5 foreign real estate buyers in the US

As per report titled “2013 Profile of International Home Buying Activity”, Indians are among the top five foreigners buying real estate in the US, even as there has been a decrease in foreigners acquiring properties in the US. As per the report: The top five purchasers of real estate are Canada (23%), China (12%), Mexico (8%), India Read More…

Government bans sale of Analgin, Pioglitazone and Deanxit

The Ministry of Health and Family Welfare has banned the sale of three widely popular medicines – painkiller Analgin, anti-diabetes drug Pioglitazone and anti-depressant Deanxit in the wake of health adversities associated with these drugs. What is the reason behind the ban? Under the Drugs and Cosmetic Act 30-B, sale of any drug, the use of which is Read More…

Kevin Rudd takes oath as new Australian Premier

Kevin Rudd has been sworn in as Prime Minister of Australia. He ousted the incumbent Julia Gillard as leader of the Labor Party. The leadership change comes ahead of an election scheduled in September 2013. Julia Gillard was first woman PM of Australia and she was also the first woman Leader of the Labor Party. Kevin Read More…

Ramnik Narsey is the interim head of Wal-Mart India

Ramnik Narsey has been appointed as the interim head of U.S.-based retail giant Wal-Mart for its India operations as its head of Indian business Raj Jain has left the company. Wal-Mart Stores, Inc., branded as Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world’s third largest public corporation, Read More…