Current Affairs – October, 2013

Robocoin: World’s first Bitcoin ATM unveiled in Vancouver, Canada

The world’s first Bitcoin ATM machine which can transact digital currency – Bitcoins -for any official currency has been unveiled in Vancouver, Canada. The ATM named Robocoin allows users to buy or sell the digital currency known as bitcoins. The ATM in Vancouver is operated by Las Vegas-based Robocoin and Vancouver-based Bitcoiniacs. What is Bitcoin? Bitcoin is a virtual Read More…

Father of IBM personal computer: William C Lowe dead

William C Lowe (72), who pioneered the conception and manufacturing of IBM’s first personal computer, passed away in Lake Forest, Illinois. William C Lowe: Lowe joined IBM in 1962, when he finished college with a physics degree. In 1980, William C Lowe, who was a lab director at that time, proposed the idea that IBM Read More…

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Kirit Parikh committee suggests increase in prices of Diesel, Kerosene and LPG

Kirit Parikh committee on Pricing Methodology for Diesel, Domestic LPG and PDS Kerosene has recommended a price increase of Rs 5 / litre in diesel, Rs 4/ litre in kerosene, and Rs 250 in LPG cylinder with immediate effect. What are the key recommendations of Kirit Parikh panel? The Panel recommended: Number of subsidised LPG cylinders should Read More…

Pragati: India’s newly developed surface-to-surface missile

DRDO (Defence Research and Development Organization) has developed a new tactical surface-to-surface missile Pragati which has a range between 60-170 km.  India will offer the missile to friendly nations. The Pragati missile is based on the Prahaar missile developed by the DRDO for the Army. The missile was the main exhibit of the DRDO which Read More…

Kepler 78b: Newly discovered planet

Astronomers have discovered a new planet called Kepler 78b which has a similar mass and density to that of Earth. The planet revolves around a star 400 light years away. It is composed mostly of rock and iron, very similar to our own planet. It is located very close to its host star which is Read More…