Current Affairs – May, 2013

SEBI to double charges for Algorithmic (Algo) trading

Market regulator SEBI has announced that it will double the charges for orders based on Algorithms (algo) in stock exchanges from May 27, 2013. What is Algo Trade? Algorithmic (Algo) trading refers to orders generated by use of advanced mathematical models that involve automated execution of trade. It is mostly used by large institutional investors Read More…

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Shashi Kant Sharma sworn-in new CAG

The President of India has appointed Shashi Kant Sharma, IAS, as Comptroller & Auditor General of India, in terms of Article 148 (1) of the Constitution of India. Sharma (61) is a 1976 batch Indian Administrative Service (IAS) officer of the Bihar cadre and was before serving as secretary in the Ministry of Defence. Sharma succeeds Read More…

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Delhi – Most preferred tourist destination of India

As per latest Hotel Price Index released by Hotels.com, Delhi topped the rankings as the most preferred tourist destination for overseas travellers to India. Top 10 Indian destinations for foreign tourists: Delhi Mumbai Goa Bengaluru Chennai Jaipur Agra Hyderabad Cochin Thiruvananthapuram Most preferred destinations in the world for Indians: Indians prefer South-East Asian spots while Read More…

Vitamin C shows potential to kill drug-resistant TB

Scientists at Yeshiva University have found through a study that Vitamin C kills drug-resistant Tuberculosis (TB) bacteria in laboratory culture. What they discovered? The researchers who were actually trying to determine the causes that made a normal strain of Mycobacterium Tuberculosis (bacteria which causes TB) to transform into isoniazid (first line drug for trating TB) resistant TB. Read More…

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Fact Box: Janani Suraksha Yojana

Age eligibility norm to get financial aid under JSY relaxed The Ministry of Health and Family Welfare has relaxed the eligibility criteria for the Janani Suraksha Yojana (JSY), which provides financial assistance to mothers for institutional deliveries. As per new changes, Below Party Line (BPL) women can access JSY benefits irrespective of their age and Read More…