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October / 2012


l Proposal upto 51 per cent and 49 per cent for FDI has been passed in

                                                                                                 Ø Multi-brand retail and Aviation Respectively

ü  The Union Cabinet on September 14, 2012 cleared the proposal of foreign direct investment (FDI) for 51 per cent in the multi-brand retail chains and 49 per cent in Aviation power exchanges industry. Passing of the proposal have cleared the floor for welcoming the multi-brand retail chains like Wallmart and Tesco and Carrefour in the country for setting up of their shops and retail outlets.


l  Who won Silver at Recurve World Cup ?                                                                        Ø Deepika Kumari

ü    Deepika Kumari won Silver at Recurve World Cup on September 23, 2012 in Tokyo. In the finals of the tourna-ment, she lost against the Korean double Olympic gold medalist, Ki Bo-Bae.


l Who has been elected as Chairman of the Press Trust of India ?                                     Ø R. Lakshmipathy

ü    R. Lakshmipathy, the publisher of Tamil daily Dinamalar, was elected as the Chairman of the Board of Directors of Press Trust of India (PTI) on September 24, 2012 after the company’s Annual General Meeting (AGM). Lakshmipathy, has served as PTI Chairman twice earlier and is also a member of press council. He is succeeding M. P. Veerendra Kumar, Chairman and Managing Director of Mathrubhoomi group of news-papers.


l Union Government hiked Dearness Allowance (DA) by                                                                         Ø 7%

ü    The Union Government on September 24, 2012, hiked Dearness Allowance (DA) by 7%, benefiting its 80 lakh employees and pensioners and costing the exchequer an additional  7,408 crore annually. With the dearness allowance the pension proposals for personnel of armed forces is also allowed now.


l The Double Trap Shooter who won Silver at ISSF World Cup is                                         Ø Ronjan Sodhi

ü    Ronjan Sodhi, the double trap shooter on September 24, 2012 won Silver medal at the ISSF World Cup in Maribor, Slovania. In 2011 and 2010 World Cup finals, he managed to secure Gold by his name.

Published Date: 15 Oct 2012
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