Current Affairs – October, 2013

Speed of the superfast trains to be enhanced to 160-200 kmph: Indian Railways

The Railway Board announced that the Indian Railways decided to increase the speed of the superfast trains to 160-200 kmph. The current superfast trains of India- Rajdhanis, Shatabdis and Durontos will get an increase in the speed. Besides this, the Indian Railways planned to enhance the technical capability of the present infrastructure. Initially, the Shatabdi Read More…

Day set for India’s Mars Orbiter Mission (MOM) ‘Mangalyan’

As per the announcement by Indian Space Research Organisation (ISRO), India’s first mission to Mars –Mars Orbiter Mission (MOM) will be launched on November 5, 2013 from Sriharikota space station. About India’s Mars Orbiter Mission (MOM) ‘Mangalyan’: The Mars Orbiter Mission (MOM) has been named ‘Mangalyan‘ To be launched onboard PSLV C25 on November 5, 2013 Read More…

Indo-Bangladesh extradition treaty comes into effect

The India and Bangladesh extradition treaty came into effect with the handing over of the instruments of ratification. The treaty was signed in January 2013. How would Indo-Bangladesh Extradition Treaty help? With the treaty coming into effect, both the nations will be able to exchange convicts and under trials as required. The treaty provides for Read More…

Govt monitoring top 30 NPA accounts of banks: Finance Minister

Finance Minister P. Chidambaram held that the government was keeping a close watch on the top 30 Non-Performing Assets (NPA) accounts of big borrowers (with loans of over Rs.1 crore) in each public sector bank, and asked the lenders to set up separate verticals to recover money from written-off accounts. As per the Minister, the Read More…

More transparency expected from China with Trans-border River Agreement in place

In another major confidence building measure between India and China, both nations inked Trans-Border River Agreement (TBRA). The pact extends a previous MoU to provide hydrological date in the flood season to cover a longer time period. Unlike the current agreement, the new one is not just about sharing data, but has expanded the scope Read More…