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RBI RESERVE RATIOS AND POLICY RATE

Repo Rate : 8.0% (Unchanged)

Reverse Repo Rate : 7% (Unchanged)

Marginal Standing Facility Rate : 9% (Unchanged)

Cash Reserve Ratio : 4% (Unchanged)

Statutory Liquidity Ratio (SLR) : 22.5% (Earlier it was 23%)

BANKS HEAD OFFICES & CMD NAMES

Name of the Bank

Allahabad BankAndhra Bank

Bank of Baroda

Bank of India

Bank of Maharashtra

Bharatiya Mahila Bank

Canara Bank

Central Bank of India

Corporation Bank

Dena Bank

Indian Bank

Indian Overseas Bank

Oriental Bank of Commerce

Punjab and Sindh Bank

Head Office

KolkataHyderabad

Baroda

Mumbai

Pune

New Delhi

Bengaluru

Mumbai

Mangalore

Mumbai

Chennai

Chennai

New Delhi

New Delhi

CMD

Rakesh SethiC.V.R. Rajendran

S.S. Mundra

Vijayalakshmi R Iyer

Narendra Singh

Usha Ananthasubrahamiam

Rajiv Kishore Dubey

Shri Rajeev Rishi

Shri Sadhu Ram Bansal

Shri Ashwani Kumar

T.M.Bhasin

M. Narendra

S.L.Bansal

Shri Devender pal singh


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NEWS IN BANKING & FINANCE

1. Reserve Bank of India released second Bi- Monetary Policy Statement.

2. Treasury heads of three banks ET spoke to confirmed that RBI officials have informally

communicated that banks can resume trades under respective NOP limits.

3. Reserve Bank of India kept key rates unchanged. While the repo rate was maintained at 8% and

reverse repo rate at 7%, the SLR was cut by 50 basis points.

4. KYC norms for opening bank account have been eased by RBI. Now single documentary proof of

address can be used to open a bank account.

5. The Reserve Bank of India will modify its retail bonds linked to consumer prices as its first attempt

to insulate investors from price rises failed with only a few buying them.

6. Bank deposits grew at 13.91 per cent year-on-year to Rs. 79,00,894 crore, similar to credit

growth, data from the Reserve Bank of India (RBI) showed.

7.

RBI has tightened the money laundering rules for money transfer companies and has empowered

their designated directors to penalise offerders who failed to comply with the Prevention ofMoney Laundering Act, 2002.

8. India and the US have agreed to implement Foreign Accounts Tax Compliance Act (FATCA), a US

law that targets tax non-compliance by US taxpayers with foreign accounts.

9. The Reserve Bank of India allowed minors above the age of 10 to open and operate savings bank

accounts independently. This was to promote the objective of financial inclusion and to bring

uniformity among banks in opening and operating minors accounts.

10. The RBI panel, headed by Ex-Chairman of Axis Bank, P. J. Nayak, said to dilute the government

stake in public sector banks to below 50 % as the 26 public sector banks (PSBs) suffer due to

several externally imposed constraints like dual regulation by the RBI and the Finance Ministry,

and external vigilance by agencies such as the CVC and CAG, among others.

11. Reserve Bank of India (RBI) on 9 May 2014 barred Indian companies from raising the External

Commercial Borrowings (ECB) from overseas branches and subsidiaries of Indian banks for

refinance or repayment of the Rupee loans raised from domestic banking system.

12. A panel headed by former Economic Advisor to Prime Minister, C Rangarajan sets poverty line at

Rupees 32 per day in rural areas and Rupees 47 in Urban areas.

He also said that the number of poor in India was much higher in 201112 at 29.5 per cent of the

population, which means that three out of 10 persons are poor.

Punjab National Bank

State Bank of India

Syndicate Bank

Union Bank of India

United Bank of India

UCO Bank

Vijaya Bank

New Delhi

Mumbai

Manipal

Mumbai

Kolkata

Kolkata

Bangalore

K.R. Kamath

Smt. Arundhati Bhattacharya

Shri Sudhir Kumar Jain

Shri Arun Tiwari

---------

Arun Kaul

Shri.V Kannan


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The Rangarajan Committee was set up last year to review the Tendulkar Committee methodology

for estimating poverty and clear the ambiguity over the number of poor in the country.

13. ICICI Bank leaves behind HDFC Bank as biggest private bank employer: ICICI Bank has overtaken

its competitor HDFC in terms of employee number with addition of over 10,000 jobs in the last

fiscal. With this, ICICI has emerged as the biggest employer in the private banking space with

more than 72,000 employees.

14. From 2015,

performance ratings of Banks on customer services will be put in public domain by Banking Codes

Standards Board of India (BCSBI).

BCSBI is rating banks on customer services on 5 parameters:

i. Information dissemination ii. Transparency iii. Customercentricity

iv. Grievance redressal system v. Customer feedback.

15. National Bank of Agriculture and Rural Development (Nabard) and the Small Farmers

Agribusiness Consortium (SFAC) have signed a memorandum of understanding (MOU) to jointly

implement schemes for the promotion of farm producer organisations (FPOs).16. The World Bank Group (WBG) has granted GNRC, which was formerly known as Guwahati

Neurological Research Centre a grant of $150,000.

17. Bank of Maharashtra was conferred Best Bank Public Sector award in BFSIAwards2014 by

World HRD recognition of its performance in Banking category, the bank said in a statement.

18. of FDI, FII accepted by the Government of India. The

Government of India has accepted the report of Mayaram Committee thereby accepting the

definitions of FII and FDI.

SOME KEY POINTS FROM MAYARAM COMMITTEE REPORT:i. Foreign investment of 10% or more in a listed company will now be treated as FDI.

ii. An investor may be allowed to invest below 10% and this can be treated as FDI subject to the

condition

that the FDI stake is raised to 10% or beyond within one year from the date of the first

purchase.

iii. If the stake is not raised to 10% or above, then the investment can be treated as portfolio

investment.

iv. Foreign Portfolio Investors include Foreign Institutional Investors (FIIs) and Qualified Foreign

Investors (QFIs).

v. Foreign investment in an unlisted company, irrespective of the threshold limit, may be

treated as FDI.

19. State Bank of India has partnered with payments service provider, Ezetap Mobile Solutions, to

deploy mobile pointofsale (mPOS) solution. The SBIEzetap platform would allow the bank to

provide valueadded services for merchants and consumers from a single, secure POS device and

application.


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20. SEBI has issued new norms for public issuance of debt securities under which such offers have to

be of minimum Rs. 100 crore, while issuers would need to make additional disclosures and attain

atleast 75 per cent subscription.

21. Subhalakshmi Panse, former CMD of Allahabad Bank, has joined the board of Federal Bank as an

Independent Director.

22. World Bank lower forecast Growth Rate for developing countries to 4.8% from 5.3 %.

23. ICICI Bank has launched cobranded card with DMRC. It can be your credit/debit card, and offers

the benefit of 10 per cent discount that the DMRC smart card offers.

24. Export Import Bank of India (Exim Bank) entered into a memorandum of understanding (MOU)

with the Indian Council of Cultural Relations (ICCR) for establishment of a Chair for financial

management in Lagos Business School, Nigeria.

25. National Bank for Agriculture and Rural Development (Nabard) has reduced the interest rate on

its longterm refinance facility to banks by 20 basis points to promote investments in agriculture.

The new rates will be 9.5 per cent (9.7 percent earlier) for 5 years and above and 9.7 per cent

(9.9 per cent earlier) for 35 years.

26. Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippinesbased

Asian Development Bank (ADB).

27. Exim Bank has extended USD 46 million line of credit to Mauritius for financing goods and

defence related vehicles purchases.

28. World Bank has signed an agreement with the government to provide a loan assistance of USD

1,006.20 million for Sarva Shiksha Abhiyan III, which is the largest ongoing "Education for All"

programme in the world.

29. FICCI and IDBI signed an MoU for easy access to organised finance facility at competitive interest

rates for micro, small and medium enterprise (MSME).

30. India recently launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard,which will work on ATMs and merchant outlets and help in reducing cash transactions.

Note: i. RuPay, which works on three channels ATMs, Point of Sales (POS) and online sales, is

the seventh such payment gateway in the world.

ii. The RuPay platform developed by National Payments Corporation of India (NPCI) is being

used by certain banks like ICICI, State Bank of India, Punjab National Bank, among others, for

clearing and settlement.

31. India became third largest economy in 2011 from 10th in 2005: World Bank.

32. Note: India emerged as the worlds thirdlargest economy in 2011 from being the 10th largest in

2005, moving ahead of Japan, while the US remained the largest economy closely followed byChina, latest figures have revealed.

33. Govt accepts Sahoo panel report on review of depository receipts scheme. The key

recommendations of the committee include allowing issuance of depository receipts against any

underlying securities equity or debt, by any issuer listed or unlisted.

Note:Depository receipts are receipts denominated in foreign currency created by a depository in

the country of listing.


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There are two popular types of depository receipts global depository receipts and American

depository receipts.

34. ING Vysya Life Insurance Company Ltd has become Exide Life Insurance Company. The insurance

company will continue to honour its commitments and obligations under the insurance policies

issued to customers in the name of ING Vysya Insurance Company Ltd.

35. Switzerland and Norway are the world's most expensive economies, followed by Bermuda, Australia

and Denmark, according to a new ranking by the World Bank

36. Basel Committee issued Final standards to curb exposures of banks to customers. The Basel

Committee on Banking Supervision on 15 April 2014 issued Final standards for measuring and

controlling large exposures of banks to customers.

These standards will take effect from 1 January 2019

37. Bank of India (BOI) has become the first Indian bank to extend a bridge loan of $200 million to Air

India to finance the purchase of two Boeing 787 Dreamliner aircraft.

38. India leads global remittances with USD 70 bn in 2013. India's neighbour China follows second

with USD 60 billion, said the World Bank report.39. World Trade Organisation (WTO) projected that the world trade will grow by 4.7 percent in 2014.

40. The World Bank give loan Pakistan 12 billion dollars over the next five years to help lift its

economy,

41. Qatar based Doha Bank announced its First branch in Mumbai. The branch in Mumbai will be

opened as a fullfledged bank in May 2014.

Note: Bank of Bahrain & Kuwait, Abu Dhabi Bank are the two other banks from Arab countries to

have operations in India before Doha bank.

42. Bank of India (BOI) launched Instant Money Transfer (IMT) scheme in Mumbai.

Note: IMT scheme allows customers to withdraw cash without using either debt card or creditcard at BoI's IMT-enabled ATMs. This is the first-of-its-kind initiative launched by a public sector

bank.

43. Export-Import Bank of India extended a Line of Credit of $89.90 million to the Government of

Republic of Congo, for development of transportation system in the Republic of Congo.

44. Central Bank of India has sold its entire stake in credit information provider CIBIL to Transunion

International Inc. Central Bank had a 5 per cent stake in CIBIL while Transunion is the majority

shareholder in CIBIL at 27.5 per cent.

45. Canara Bank names cricketer Shikhar Dhawan as its brand ambassador.

46. Housing Development Finance Corporation (HDFC) Bank set World record for Blood collection in a

single day. The blood donation camp organised by HDFC Bank on 6 December 2013 was recorded

in the Guinness Book of Records.

47. The World Bank has said it would provide up to $3 billion in aid for Ukraine in 2014 to help the

country deliver much needed economic reforms.

48. Bihar emerges as fastest growing state (15.05 per cent) in 2012-13: CSO Report.


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Note: According to the CSO data, Gujarat ranked 6th with growth rate at 7.96 per cent, behind Bihar

and Madhya Pradesh with 9.89 per cent, Goa 8.47 per cent, Kerala 8.24 per cent and Odisha 8.09

per cent. The allIndia growth rate in 2012-13 was 4.47 per cent.

49. The Bank of Bahrain and Kuwait, BBK, plans to expand its operations in India by opening its fourth

branch in the country in New Delhi.

50. Interest rate on Post Office FDs increased by up to 0.2 per cent from 8.2 percent to 8.4 percent.

51. Indias 1st post office savings bank ATM inaugurated in Thyagaraya Nagar, Chennai.

52. SEBI approved the new Corporate Governance norms. The new corporate governance norms

would become applicable for all listed companies with effect from 1 October 2014.

53. Retirement fund body EPFO decided to increase the rate of interest on Provident Fund deposits to

8.75 percent from 8.5 percent.

54. The National Bank for Agriculture and Rural Development has sanctioned Rs 348.63 crore to

Karnataka under Rural Infrastructure Development Fund (RIDF).

55. Asian Development Bank (ADB) has provided $400 million first tranche line of credit to India

Infrastructure Finance Company Ltd (IIFCL) to help accelerate infrastructure growth throughincreased private sector investment.

56. Asian Development Bank will provide USD 275 million loan for improving rural road connectivity

in five states including Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal in the

country.

57. Bharatiya Mahila Bank (BMB) and SBI Cards have joined hands for roll-out of credit cards to

customers of Indias firstwomen-focused commercial bank.

58. Bharatiya Mahila Bank (BMB), the first all-women bank, tied with New India Assurance to launch

health insurance products for women account holders of the bank.

59. The Bank of Japan (BOJ) and RBI concluded an agreement that expands the maximum amount ofthe bilateral swap arrangement (BSA) between the two countries to USD 50 billion.

Note: BOJ Governor is Haruhiko Kuroda and RBI Governor Raghuram Rajan

60. National Bank for Agriculture and Rural Development (NABARD) has reduced refinance rate for

banks and other lending agencies by 0.20 per cent to promote rural credit and rural

infrastructure.

Note: The revised rate of interest on refinance for a period of five years for commercial, state

cooperative, regional rural and primary urban cooperative banks will be 9.70 per cent, down from

9.90 per cent.

61. SEBI grants new status to three clearing corporations to National Securities Clearing Corporation,

Indian Clearing Corporation and MCX-SX Clearing Corporation.

62. World Bank will provide $250 million loan to construct disaster resilient houses and roads in

disaster-hit Uttarakhand.

63. World Bank will provide $500 million loan for water supply and sanitation projects in the rural

areas of Assam, Bihar, Jharkhandand Uttar Pradesh.

64. World Bank will provide 50 million dollar assistance to Afghanistan to support the government's

efforts to improve access to credit for micro, small and medium enterprises.


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65. India became third largest economy in 2011: World Bank

BANKS TAGLINES

Public Sector Banks in India

State Bank Group Pure banking nothing else; With

you all the way

Allahabad Bank A tradition of trust

Andhra Bank Much more to do, with YOU in

focus

Bank of Baroda Indias international bank

Bank of India Relationships beyond banking

Bank of Maharashtra One family one bank

Canara Bank Together We Can

Central Bank of India Build A Better Life Around Us

Corporation Bank Prosperity for All

Dena Bank Trusted Family Bank

IDBI Bank Banking for All

Indian Bank Taking banking technology to the

common man

Indian Overseas Bank Good people to grow with

Oriental Bank of Commerce Where every individual iscommitted

Punjab National Bank A Name you can Bank Upon

Syndicate Bank Your faithful & friendly financial

partner

UCO Bank Honours Your Trust

Union Bank of India Good People to Bank with

United Bank of India The Bank that begins with U

Vijaya Bank A Friend You can Bank Upon

PRIVATE SECTOR BANKS IN INDIA

Axis Bank Everything is the same except the

name

Bank of Rajasthan Dare to dream


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Catholic Syrian Bank Support all the way

Centurion Bank of Punjab To rejoice working, join us

City Union Bank Trust and Excellence since 1904

Dhanalakshmi Bank Tann. Mann. Dhan.

Federal Bank Your perfect banking partner

HDFC Bank We understand your world

ICICI Bank Hum hain na!!

IndusInd Bank We Make You Feel Richer

ING Vysya Bank Jiyo easy

Jammu & Kashmir Bank Serving to Empower

Karnataka Bank Your family bank across India

Karur Vysya Bank Smart way to bank

Kotak Mahindra Bank Lets make money simple

Laxmi Vilas Bank The Changing Face of Prosperity

Nainital Bank Banking with personal touch

Saraswat Bank Service to the Common Man!

South Indian Bank Experience Next Generation

Banking

Yes Bank Experience our expertise

FOREIGN BANKS IN INDIA

ABN-AMRO Bank Making More Possible

Abu Dhabi Commercial Bank Our Vision. Your Future.

Bank of Ceylon BOC-the Bank you can trust

BNP Paribas Bank The bank for a changing world

Citi Bank The Citi never sleeps

China Trust Commercial Bank We Are Family

Deutsche Bank A Passion to Perform

HSBC The worlds local bank

JPMorgan Chase Bank The right relationship is everything

Standard Chartered Bank Your Right Partner

Scotia Bank Youre richer than you think


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APPOINTMENTS

NEW APPOINTMENTS IN INDIA

THE LIST OF NEWLY APPOINTED CABINET MINISTERS:

1. Rajnath Singh: Home Minster

2. Sushma Swaraj: External Affairs & Overseas Indian Affairs

3. Arun Jaitley: Finance Corporate Affairs & Defence

4. M. Venkaiah Naidu: Urban Development Housing and Urban Poverty Alleviation & Parliamentary

Affairs

5. Nitin Jairam Gadkari: Road Transport and Highways Shipping + Rural Development, Panchayati

Raj & Drinking Water and Sanitation

Note: Nitin Jairam Gadkari given additional charge of Rural Development, Panchayati Raj &

Drinking Water and Sanitation as Gopinath Munde died in Road accident.

6. D.V. Sadananda Gowda: Railways

7. Uma Bharati: Water Resources, River Development and Ganga Rejuvenation

8. Dr. Najma A. Heptulla: Minority Affairs

9. Ramvilas Paswan: Consumer Affairs, Food and Public Distribution

10. Kalraj Mishra: Micro, Small and Medium Enterprises

11. Narendra Singh Tomar: Mines & Steel Labour and Employment

12. Jual Oram: Tribal Affairs

13. Radha Mohan Singh: Agriculture

14. Thaawar Chand Gehlot: Social Justice and Empowerment

15. Smriti Zubin Irani: Human Resource Development

16. Dr. Harsh Vardhan: Health and Family Welfare

New Governors appointed for five states

New governors have been appointed in Uttar Pradesh, Chhattisgarh, West Bengal,

Gujarat and Nagaland.

1.Ram Naik will be the new Governor of Uttar Pradesh

2.Balramji Dass Tandon, the Governor of Chhattisgarh.

3.Keshari Nath Tripathi, former UP Assembly speaker, has been appointed as the

Governor of West Bengal

4.Om Prakash Kohli, former Delhi BJP chief, will be the new Governor of

Gujarat.

5.Padmanabha Balakrishna Acharya has been appointed as Nagaland Governor.

Note: The President has accepted the resignation of Vakkom Purushothaman, as

Governor of Tripura and given additional charge to Mr. Acharya.


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17. Maneka Gandhi: Women and Child Development

18. Ananthkumar: Chemicals and Fertilizers

19. Ravi Shankar Prasad: Communications and Information Technology & Law and Justice

20. Ashok Gajapathi Raju: Civil Aviation

21. Anant Geete: Heavy Industries and Public Enterprises

22. Harsimrat Kaur Badal: Food Processing Industries

OTHER APPOINTMENTS

1. Shaktikanta Das: New Revenue Secretary. He replaced Rajiv Takru.

2. Rajeev Topno: appointed as Private Secretary to Prime Minister Narendra Modi.

3. Vishal Sikka: appointed as New CEO of Infosys

4. B Ashok: appointed as New IOC Chairman. He replaced R. S. Butola.

5. Amit Shah: New BJP President. He replaced Rajnath Singh.

6. Kamla Beniwal: New Governor of Mizoram

7. Ram Naresh Yadav: New Governor of Chhattisgarh.

8. i. Margaret Alva, the Governor of Rajasthan was given the additional responsibility of Gujarat.

ii. Bihar Governor DY Patil took additional charge of West Bengal

9. A.K. Dubey: appointed as Chairman of Coal India Limited

10. Sirikonda Madhusudhana : First speaker of Telangana Legislative Assembly.

11. S. L. Bhojegowda: ViceChairman of Bar Council of India

12. Narendra Damodardass Modi sworn in as the 15th Prime Minister of the country.

13. Sumitra Mahajan: new Lok Sabha Speaker

14. Chandrababu Naidu swornin as First Chief Minister of Andhra Pradesh.

15. K. Chandrasekhar Rao (KCR) was sworn in as its first Chief Minister of Telangana

16. Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippinesbased

Asian Development Bank (ADB).

17. Mallikarjun Kharge elected leader of Congress in Lok Sabha.

18. Nripendra Mishra appointed Principal Secretary to PM

19. Jitan Ram Manjhi: new Bihar CM

20. T. R. Zeliang: appointed new CM of Nagaland. He succeed Neiphiu Rio

21. Nabam Tuki swornin as CM of Arunachal Pradesh for second term.

22. R.M.Lodha: New Chief Justice of India. He is the 41st Chief Justice of India. He succeeds Justice P.

Sathasivam.

23. Mukul Rohatgi appointed 14th New Attorney-General of India. He replace G.E. Vahanvati


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24. Ajit Kumar Doval appointed as new National Security Advisor

25. Rajiv Mathur takes over as New CIC (Chief Information Commissioner). He succeeds Sushma

Singh,

26. Anandiben Patel: new CM of Gujarat

27. Naveen Patnaik sworn in as Odisha Chief Minister28. Pawan Chamling sworn as Sikkim CM for record 5th time.

29. Lt Gen Dalbir Singh Suhag: appointed new Army Chief. He succeed Gen Bikram Singh.

30. R. Gandhi appointed Deputy Governor of RBI. He replace Anand Sinha

31. Robin K Dhowan: appointed New Navy Chief.

32. Arup Raha new Air Chief Marshal. He succeeded NAK Browne.

33. Arvind Mayaram: appointed new Finance Secretary. He replaced Sumit Bose.

34. Saurabh Chandra: new Oil Secretary.

35. Sudhir Gupta: appointed new TRAI Secretary

36. Rajeev Kher: appointed new Commerce Secretary. He replaced S.R. Rao.

37. Ashok Lavasa: appointed Civil Aviation Secretary. He replace K N Srivastava.

38. Justice G. Rohini: become the first woman Chief Justice of the Delhi High Court.

39. Ila Patnaik: appointed as Principal Economic Advisor

40. Retired Air Chief N.A.K. Browne appointed new Indian envoy to Norway.

41. Rahul Kulshreshth appointed new Indian envoy to Turkey

42. Sunil Gavaskar: appointed as Interim President of BCCI

43. G. Gopalakrishna:joined as director of Centre for Advanced Financial Research and Learning(CAFRAL).

44. Suresh Kumar Reddy appointed as the First ambassador to ASEAN.

45. Ms. Lakshmi Swaminathan became the first Indian to become president of Administrative

Tribunal of the Asian Development Bank (ADB)

46. Lalit Modi elected president of Rajasthan Cricket Association.

47. Arundhati Bhattacharya: SBI's first woman Chairman

48. Thomas Mathew: New Chairman of MCX Stock Exchange

49. Sheila Dikshit: New Governor of Kerala.

50. Dinesh Sarraf: appointed as Chairman and Managing Director (CMD) of Oil and Natural Gas

Corporation (ONGC). He replaced Sudhir Vasudeva.

51. Gautam Bambawale: new Indian ambassador to Bhutan

52. Jude Felix: appointed coach of the National mens hockey team.

53. Yaduvendra Mathur : appointed as Chairman and Managing Director of Export-Import Bank of

India (Exim Bank)


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54. Aditi Khanna became first women President of Indian Journalist's Association

55. Mukul Mudgal: appointed as the new chairperson of Broadcasting Content Complaints Council

(BCCC)

56. R.K.Tiwari: appointed as the new chairman of Central Board of Direct Taxes (CBDT). He succeed

Chairperson Sudha Sharma.

57. Poonam Khetrapal Singh: appointed as Regional Director of World Health Organisation (WHO)

South-East Asia Region.

58. Justice Ashok Kumar Mathur: appointed Chairman of the 7th Pay Commission

59. Akhilesh Das Gupta re-elected president of the Badminton Association of India (BAI)

60. N Ramachandran: New President of Indian Olympic Association (IOA)

NEW APPOINTMENT IN WORLD

1. N. Srinivasan: appointed first chairman of International Cricket Council (ICC).

2. Michelle Howard became the first female four-star admiral in US Navy. She is the first women

admiral in 236 year old history of US Navy.

3. Jean-Claude Juncker: named as next European Commission president

4. Chung Hung Won retained as Prime Minister of South Korea.

5. Mustafa Kamal: appointed New President of International Cricket Council (ICC).

Note: Mustafa Kamal has become the first from Bangladesh to be president of International

Cricket Council (ICC).

6. Indian-origin judge V.K. Rajah appointed as 8th Attorney-General of Singapore.

7. Juan Manuel Santos re-elected Colombia president.

8. Affairs Minister, Sam Kahamba Kutesa elected President for the 69th Session of

United Nations General Assembly (UNGA). He replaced John William Ashe.

Note: United Nations General Assembly (UNGA) comprises 193 member nations.

9. Emma Watson, the British Actress appointed as the Goodwill Ambassador for UN Women.

10. Reuven Ruby Rivlin elected as 10th president of Israel. He succeed Shimon Peres.

11. nominated as U.N. High Commissioner for Human

Rights

12. : elected Syria President for third time

13. Dalia Grybauskaite: new President of Lithuania

14. Peter Mutharika is new Malawi president

15. Abdel Fattah Al Sissinew President of Egypt

16. Jacob Zuma sworn in as South Africa's President for second term

17. Petro Poroshenko: New President of Ukraine


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* Solar energy to be tapped at major stations

* Highest ever plan outlay of Rs 65,455 crore for 2014-15

* Expenditure in 2014-15 pegged at Rs 149,176 crore.

UNION BUDGET 2014

Key Highlights

Here are the highlights of the budget presented by Finance Minister Arun Jaitley.

Fiscal deficit

* Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15

* Fiscal deficit seen at 3.6 percent of GDP in 2015/16

* Finance Minister says: "We cannot spend beyond our means"

* Tax-to-GDP ratio must be raised

Growth

* Aims for sustained growth of 7-8 percent in the next 3-4 years

* Finance minister says he is bound to usher in policies for higher growth, lower inflation

Taxation

* Aims to approve goods and services tax by end of this year

* Will not change rules on retrospective taxation

* All pending cases of retrospective tax for indirect transfers to be examined by a high-level

committee before action is taken

* Proposes changes in transfer pricing mechanism

* Extends 5 percent withholding tax on corporate bonds until June 30 2017

* Income tax exemption limit raised by Rs 50,000 to Rs 2.5 lakh and for senior citizens to Rs 3

lakh

* Government expects Rs 9.77 lakh crore revenue crore from taxes

* Long term capital gain tax for mutual funds doubled to 20 per cent; lock-in period increased

to three years

* Excise duty on footwear reduced from 12 per cent to 6 per cent

* Net effect of direct tax proposals is revenue loss of Rs 22,200 crore

* Tax proposals on indirect tax front would yield Rs. 7,525 crore

Investment

* Raises limit on foreign direct investment in defence sector from 26 per cent to 49 per cent;

raises FDI limit in insurance sector to 49 percent

* Earmarks Rs 7000 Crore to create 100 "smart cities"


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* Rs 200 crore for world-class sports stadium in Jammu and Kasmir

* Trade Facilitation Centre in Varanasi Handloom and Crafts Museum

* Rs 1000 crore to enhance rail connectivity in the Northeast

* Rs 2250 crore for the development and modernization of the border infrastructure

* A project on the river Ganga called 'Jal Marg Vikas' for inland waterways between Allahabadand Haldia; Rs 4,200 crore set aside for the purpose

* War memorial to be set up along with a war museum; Rs 100 crore set aside for this

* Rs 7,060 crore for setting up 100 Smart Cities

Education

* Five more IIMs to be opened in HP, Punjab, Bihar, Odisha and Rajasthan

* Five more IITs in Jammu, Chattisgarh, Goa, Andhra Pradesh and Kerala.

* Four more AIIMS like institutions to come up in Andhra Pradesh, West Bengal, Vidarbha in

Maharashtra and Poorvanchal in Uttar Pradesh

FDI LIMIT IN VARIOUS SECTORS

1. Defence Raised to 49% from 26%

2. Pension 49

3. Insurance 49

4. Print Media 26

5. Civil Aviation 49

6. Public Sec. Banks 207. Private Sec. Banks 74

8. Multi Brand 51

9. Single Brand 100

10. Tourism 100

IMPORTANT COMMITTEES IN BANKING SECTOR

1. M.P. Bezbaruah: to suggest suitable remedial measures to address concerns regarding security of

people from North East.

2. B. Sambamurthy: panel favours single mobile banking app on all SIMs. Panel recommended that

customers should not be required to visit the bank branch for mobile number registration.

3. Vijay Kelkar Committee was appointed by the Petroleum and Natural Gas Ministry to prepare a

road map to make India self-sufficient in oil and natural gas by 2030.

4. Deepak Mohanty Committee: on Data and Information Management in the Reserve Bank of India

5. K. K. Mehrotra Committee: to inquire gas leakage in Bhilai Steel Plant.


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6. P.J. Nayak: to review Governance of Boards of Banks in India. The committee was constituted

under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank.

7. Nachiket Mor Committee: to permits NBFCs to work as Business Correspondents of banks.

8. Vishnu Sahay committee: look probe into the Muzaffarnagar communal violence.

9. Urjit Patel Committee : to examine the current monetary policy framework10. Mukul Mudgal member panel to probe IPL spotfixing

11. Nachiket Mor : committee on comprehensive financial services for small businesses and

lowincome households.

12. Justice A.P. Shah committee : to head panel on road safety

13. Anil Kaushal committee: to examine the recommendations made by the TRAI on pricing of

Spectrum.

14. Bimal Jalan panel : to scrutinize applications for new bank licenses.

15. Parthasarathi Shome. for Tax Administration Reform Commission (TARC), Suggest a system to

enforce better tax compliance

16. Kirit Parikh panel : on fuel pricing has suggested that the diesel prices should be increased by Rs.

1-1.50 a litre every month as against the 45-50 paise monthly hike followed currently.

17. K U.B. Rao : the idea of setting up Bullion Bank or Bullion Corporation of India

18. Arvind Mayaram Panel: report on the alleged irregularities at the National Spot Exchange Ltd

(NSEL)

19. Arvind Mayaram Committee for giving clear definitions to Foreign Direct Investment (FDI) and

Foreign Institutional Investment (FII)

20. Suma Verma Committee : to update, and revise the Banking Ombudsman Scheme, 2006

21. Damodran Committee: on improvement of customer services in banks

22. Shri M. Narasimham Committee: on Banking Sector Reforms

23. Shri K.U.B. Rao Committee: recommended aligning gold import regulations

24. K M Chandrasekhar committee : for rationalization of foreign investment norms

25. Shri Pulak Kumar Sinha Committee: to study the feasibility of Aadhaar as an additional factor for

authentication of card present transactions

26. Mukul Mudgal Committee: looking into US giant Walmart's lobbying activities to enter India.

27. Shri Raghuram Rajan Committee: on Financial Sector Reforms,

28. Shri B. Mahapatra Committee: to review the existing prudential guidelines on restructuring ofadvances by banks/financial institutions

29. Shri Aditya Puri Committee: Dissemination of Credit Information

30. MBN Rao Committee: to prepare the blueprint of Indias first womens bank


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AWARDS & HONORS

1. World Food Prize 2014: Indiaborn plant scientist Sanjaya Rajaram has been named the winner of

the World Food Prize for his breakthrough achievement in increasing global wheat production by

more than 200 million tonnes following the Green Revolution.

2. Moortidevi Award 2013: C Radhakrishnan selected for Moortidevi Award 2013. He has been

selected for his novel Theekkadal Katanhu Thirumadhuram.

Note: i. Radhakrishnan is the second Malayalam writer to be awarded with the Moortidevi

award. The first Malayalam author to win the award was Akkitham Achuthan Namboothiri in

2009 for his selected poems.

ii. Haraprasad Das was conferred the Moortidevi Award for 2012 for 'Vamsha, a poetic recreation

of the Mahabharata

3. Jnanpith Award 2013: Noted Hindi poet Kedarnath Singh has been chosen for the prestigious

Jnanpith award for 2013. He will be the recipient of the 49th Jnanpith award.

4. Pen Pinter prize 2014: Salman Rushdie wins Pen Pinter prize for his outstanding literary output

and support for freedom of expression.5. Sudarsan Pattnaik won prize at World Cup of Sand Sculpting 2014. He won prize for his work Save

Tree, Save the Future.

6. Malala Yousafzai wins Liberty Medal from the National Constitution Centre in Philadelphia.

7. France honoured Shahrukh Khan with Knight of the Legion of Honour

Note: The award of Officier de la Legion d'Honneur (Officer of the Legion of Honour) is the highest

honour among Civilians and Military bestowed by France on French citizen as well as foreigners.

8. Gro Harlem Brundtland awarded with the first Tang Prize in sustainable development.

9. Former TATA Group Chairman Ratan Tata received an honorary doctor of laws degree from York

University in Toronto, Canada.

10. Indian origin physicist Tejinder Virdee was honoured knighthood Bachelor by Queen Elizabeth II.

He was awarded for his work on the Higgs Boson theory.

11. GMR wins arbitration award against Maldivian govt: Indian infrastructure giant GMR has won the

arbitration award against Maldivian government for wrongful termination of Airport project

contract.

12. rd Swraj Paul has been honoured with

the Lifetime Achievement Award by a UK-based business association for his outstanding

contribution to the industry, education and philanthropy.

13. Irish author Eimear McBride won the 2014 Bailey's Women's Prize for Fiction for her first novel A

Girl is a Half Formed Thing.

14. Project Mobile Seva under DeitY won the 2014 United Nations Public Service Award

Note: The project Mobile Seva under Department of Electronics and Information Technology

(DeitY) won second rank in the 2014 United Nations Public Service Award. Department of

Electronics and Information Technology comes under Ministry of Information and Technology.


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15. Golden Peacock Awards 2014: Technopark Technology Business Incubator (TTBI) was chosen for

the Special Commendation at the Golden Peacock National Training Awards 2014.

16. Bharat Ratna Award: Sachin Tendulkar and CN Rao conferred Bharat Ratna Award 2013.

Note: Tendulkar is the first sportsman and the youngest recipient of the the Bharat Ratna

ii. Prof Rao is a well recognized international authority on solid state and materials chemistry isthe third scientist to received award after CV Raman and former President A.P.J Abdul Kalam.

iii. The Bharat Ratna was announced after a gap of four years with Hindustani music doyen

Bhimsen Joshi being the last recipient in 2009.

17. Dadasaheb Phalke Award 2013: Veteran poet and film lyricist Gulzar has been chosen for the

coveted Dadasaheb Phalke Award for 2013. He is the 45th winner of the Dadasaheb Phalke

Award.

18. Pulitzer Prize 2014: India-born poet Vijay Seshadri has won the prestigious 2014 Pulitzer Prize in

the poetry category for his work '3 Sections'.

19. Goldman Prize for environmental activist Ramesh Agrawal. He received the prize for helping

villagers fight coal mining in Chhattisgarh.

20. Caparo Group founded by leading NRI industrialist Lord Swraj Paul has won the International

Business of the Year award 2014

21. Donna Tartt wins fiction Pulitzer Prize 2014 for novel 'Goldfinch'

22. Miss India 2014: Koyal Rana new Miss India.

23. Gandhi Peace Prize for 2013: Eminent Gandhian and environmentalist Chandi Prasad Bhat

selected for the award.

Note: A pioneer of the Chipko Movement for which he was also awarded the Magsaysay Award in

1982, Mr. Bhatt was given the Padma Bhushan by UPA-I in 2005.

24. Saraswati Samman 2013: Govind Mishra selected for for his book Dhool Paudho Par.

25. Pritzker Prize 2014: Japanese architect Shigeru Ban won the Pritzker Architecture Prize 2014. He

won the award for his creative and inexpensive designs for disaster relief shelters.

26. Abel Prize 2014: Russian mathematician Yakov Grigorevich Sinai won the award.

27. Laxmi, an acid attack victim gets International Women of Courage Award (US honour).

28. Vyas Samman 2013: Vishwanath Tripathi been selected for the prestigious Vyas Samman for the

year 2013.

Note: Tripathi has been chosen for the coveted annual literary award instituted in 1991 by the K K Birla

Foundation for his memoir 'Vyomkesh Darvesh', a biolgraphy of noted Hindi scholar Acharya

Hazari Prasad Dwivedi.

29. G D Birla Award 2013: Rajesh Gopakumar was selected for the 23rd G D Birla Award for scientific

research for the year 2013.

30. M S Subbulakshmi Award 2014: Mathangi Sathyamurthy, Karnataka musician was selected for

the award.


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31. Britain's highest awards: Ratan Tata, former chairman of the Tata Group honoured by Queen

Elizabeth with a GBE (Knight Grand Cross), which is one of the highest civilian honours in Britain.

32. Luis Suarez named as Professional Footballers' Association Player of the Year.

33. MS Dhoni won United Kingdoms 2014 Asian award for outstanding achievement in Sports.

34. Shikhar Dhawan named one of Wisden's Five Cricketers of the Year award.35. Sachin Tendulkar won Cricketer of generation award

36. Tomas Halik, the Czech priest won the Templeton Prize for 2014.

37. Hindustan Aeronautics Ltd (HAL) received the Most Efficient Navratna Award for the year 2013.

38. Anand Kumar, the founder of Super30 got 2014 Ramanujan Mathematics award

39. Indian Writer Pankaj Mishra won Windham Campbell Literature Prize 2014

40. Australian pacer Mitchell Johnson won the coveted Allan Border medal.

41. Cyrus Mistry wins DSC Prize 2014 for South Asian literature for his book Chronicles of a Corpse

Bearer.

42. Germany goalkeeper Nadine Angerer has been named the best women's football player in the

world for 2013.

43. Sunil Gangopadhyay Memorial Award of 2012 and 2013: two eminent Bengali poets, namely

Nirendranath Chakraborty andSankha Ghosh, respectively.

44. C.K. Nayudu award: Former India captain Kapil Dev received the Col. C.K. Nayudu Lifetime

Achievement Award for 2013.

OSCAR AWARD 2014:

Best Film - 12 Years a SlaveDirected by Steve McQueen

Best Actor - Matthew McConaughey for: Dallas Buyers Club

Best Actress -Cate Blanchett for: Blue Jasmine

Best Director -Alfonso Cuarn for Gravity

Best Actor in a Supporting Role - Jared Leto for: Dallas Buyers Club

Best Actress in a Supporting Role - Lupita Nyong'o for 12 Years a Slave

Best Foreign Language Film - The Great Beauty (Italy)

Note: "Gravity" pulled in 7 Oscars, including best director, at the 86th Academy Awards on March 2,

2014.

61st National Film Awards:

Best Film: 'Ship of Theseus'DirectorAnand Gandhi

Best Actor: Rajkumar Rao for 'Shahid' and Suraj Venjaramudu and Venajaramoodu for Malayalam movie

'Perariyathavar'


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Best Actress: Geetanjali Thapa for Liars Dice

Best Director Award: Pranjal Dua for 'Chidiya Ud' (Hindi)

Best Popular Film providing Wholesome Entertainment: 'Bhaag Milkha Bhaag'

Best Film on Social Issues: 'Tojia Dharm Kauncha'

Best Non Feature Film: 'Rangbhoomi'

Best Supporting Actor: Saurabh Shukla, 'Jolly LLB'

Note: 'Cinema Ka Cinema' got the Best Book on Cinema, while the Best Film Critic award went to Alka

Sahania

Director of Film 'Shahid'Hansal Mehta

Director of Film 'Jolly LLB'Subhash Kapoor

Director of Film Liars DiceGeetu Mohandas

DEATHS

1. Gary Gilmour, former cricketer of Australia died

2. Gopinath Munde: Rural Development Minister passes away

3. Zohra Sehgal: Veteran Bollywood actress Zohra Sehgal known for her jovial roles in films like Dil

Se, Kal Ho Naa Ho, Veer- Zaara, Cheeni Kum and Saawariya passed away. She was 102.

4. Granville Austin, the eminent scholar of the Indian Constitution died in Washington DC.

5. Ramanarayanan, Tamil film director and producer, died at 65.

6. Telangana Shakuntala: Popular Tollywood character actress passed away

7. Ideologist and Sanskrit Scholar Sukumari Bhattacharji died8. Father of Malaysian Hockey Sultan Azlan Shah passes away

9. Veteran CPI(M) leader R.Umanath passed away

10. Madhav Mantri, a cricketing doyen, passes away

11. Veteran Congress leader and former minister Sitaram Prasad passed away

12. N Srinivasan, the veteran nuclear scientist died

13. Russy Mody: Management guru Russy Mody who was known for his man management while he

headed Tata Steel and was awarded Padma Bushan died

14. Capt. C. P. Krishnan Nair, Founder Chairman of The Leela Palaces, Hotels and Resorts, passed

away

15. N. Janardhan Reddy: Former Andhra Pradesh Chief Minister died.

16. Elena Baltacha: Ex-tennis player dies of cancer

17. Khaled Chowdhury: Noted theatre personality died

18. Bob Hoskins: British actor dies


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US President Barack Obama and Japanese Prime Minister Shinzo Abe issued a Joint Statement in

Tokyo, robusting the trilateral relation with India.

GMR Infrastructure signed the concession agreement with Mactan Cebu International Airport.The

agreement is to develop and operate the Mactan International Airport.

Ircon International Limited signed a MoU with Transparency International India for implementing

Integrity Pact.

India and Bhutan signed an agreement on development of hydropower projects in Thimphu,

Bhutan.It provides framework for implementing four hydro electric projects totaling 2120 mw.

Hero MotoCorp will enter the market of Bangladesh through a joint venture of 5:45 with

Bangladeshs Nitol Niloy.

Union Government signed credit agreement of a 24 million US dollar with World Bank for additional

financing for Uttarakhand Rural Water Supply and Sanitation Project (URWSSP).

Union Government signed a credit agreement of 165 million US dollar with World Bank for

Maharashtra Rural Water Supply and Sanitation Project (MRWSSP).

Union Government signed a credit agreement of 121.20 million US dollar with World Bank for

Uttarakhand Decentralized Watershed Development Project (UDWDP).

Russia, Belarus and Kazakhstan signed a treaty to form the Eurasian Economic Union in Kazakh

capital of Astana.

Council of Scientific & Industrial Research (CSIR) and India Meteorological Department (IMD) signed

a partnership agreement on 22 May 2014 for joint production of drishti system.

China signed a 30-year deal to buy Russian natural gas worth 400 billion US dollars in a financial

year.

Sri Lanka and Seychelles on 28 June 2014 signed 6 agreements of bilateral importance. The six

agreements were signed between Sri Lankan President Mahindra Rajapaksa and President of

Seychelles, James Michael in the capital, Victoria.

Peace and Security Council of African Union has restored the membership of Egypt into the apex

body of African nations.

Central Ground Water Board & Indian Institute of Remote Sensing(IIRS) signed MoU to facilitate a

collaborative study to assess the impact of ground water abstraction in India.

India and Canada signed an India-Canada Audiovisual Co-production Treaty. The treaty aims at

creation of jobs in both countries and boost tourism.

India and United Kingdom on 8 July 2014 decided to launch negotiations for civil nuclear

cooperation.

NABARD and SFAC signed a MoU for development of Small Farm Producers.

India announced a new liberal visa policy for the citizens of Afghanistan.

India and China signed three agreements in the fields of commerce, water resources and human

resources development. The signed agreements will facilitate China to set up industrial parks, share

hydrological information during Brahmaputra floods and impart training to public officials.

IIFA, 59thfilm fare awards list:


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15thIIFA Awards-

Best Picture- Viacom 18 Motion Pictures & Rakeysh Omprakash Mehra- BhaagMilkha Bhaag

Best Direction - Rakeysh Omprakash Mehra - Bhaag Milkha Bhaag

Performance in a Leading Role (Male)- Farhan Akhtar - Bhaag Milkha Bhaag

Performance in a Leading Role (Female)- Deepika Padukone - Chennai Express

Performance in a Supporting Role (Male)- Aditya Roy Kapoor - Yeh Jawaani Hai Deewani

Performance in a Supporting Role (Female)- Divya Dutta - Bhaag Milkha Bhaag

Performance in a Comic Role- Arshad Warsi - Jolly LLB

Performance in a Negative Role- Rishi Kapoor -D-Day

Music Direction - Mithoon, Ankit Tiwari,Jeet Ganguly - Aashiqui 2

Best Story - Prasoon Joshi - Bhaag Milkha Bhaag

Lyrics Writer - Mithoon - Song (Tum Hi Ho) - Aashiqui 2

Playback Singer (Male)- Arijit SinghSong (Tum Hi Ho) - Aashiqui 2

Playback Singer (Female)- Shreya Ghoshal- Song (Sunn Raha Hai)Aashiqui2

Best Debutant MaleDhanushRaanjhanaa

Best Debutant Female- Vani Kapoor - Shudh Desi Romance

Outstanding Contribution by An Indian in the US - Drs. Kiran & Pallavi Patel

Entertainer of the year- Deepika Padukone

Outstanding Contribution To International Cinema -John Travolta

Lifetime Achievement- Shatrughan Sinha

Winners at 59th Idea Filmfare Awards 2013

Best Actor in Leading Role (Male)-Farhan Akhtar ( Bhaag Milkha Bhaag)

Best Actor in Leading Role (Female)-Deepika Padukone (Ram-leela)

Best Film- Bhaag Milkha Bhaag

Best Director- Rakeysh Omprakash Mehra (Bhaag Milkha Bhaag)

Best Debut Director- Ritesh Batra (The Lunchbox)

Best Debut (Male)-Dhanush (Raanjhanaa)

Best Debut (Female)-Vaani Kapoor (Shuddh Desi Romance)

Critics Award for Best Film- The Lunchbox

Critics Award for Best Actor (Male)-Rajkummar Rao ( Shahid)

Critics Award for Best Actor (Female)- Shilpa Shukla (BA Pass)

The Sony Trendsetter Award- Chennai Express

The Lifetime Achievement Award- Tanuja

Best Dialogue Award- Subhash Kapoor (Jolly LLB) Best Screenplay Award-Chetan Bhagat, Abhishek Kapoor, Supratik Sen and Pubali Chaudhari (Kai

Po Che!)

Best Story Award- Subhash Kapoor (Jolly LLB)

Best Actor in Supporting Role (Male)-Nawazuddin Siddiqui (The Lunchbox)

Best Actor in Supporting Role (Female)-Supriya Pathak Kapur (Goliyon Ki Raasleela Ram-leela)

Best Lyrics Award-Prasoon Joshi - Zinda (Bhaag Milkha Bhaag)


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Best Music Award-Jeet Ganguly, Mithoon & Ankit Tiwari (Aashiqui 2)

RD Burman Award for Upcoming New Music Talent- Siddharth Mahadevan

Best Playback singer (Male)- Arijit Singh - Tum hi ho (Aashiqui 2)

Best Playback Singer (Female) Award- Monali Thakur - Sawaar loon (Lootera)

Best Choreographer Award-Samir and Arsh Tanna - Lahu muh lag gaya (Goliyon Ki Raasleel Ram-

leela)

Best Background Score Award- Hitesh Sonik (Kai Po Che)

Best Action Award- Thomas Struthers and Guru Bachchan (D Day)

Best Cinematography Award- Kamaljit Negi (Madras Cafe)

Best Editing Award- Aarif Sheikh ( D-Day)

Best Production Design Award- Acropolis Design (Bhaag Milkha Bhaag)

Best Sound Design Award-Bishwadeep Chatterjee and Nihar Ranjan Samar (Madras Cafe)

Best Costume Award- Dolly Ahluwalia (Bhaag Milkha Bhaag)

Best VFX Award- Tata Elxis (Dhoom:3)

BOOKS & Authors:

The Accidental Prime Minister: the making and unmaking of Manmohan Singh- Sanjaya Baru

Crusader or Conspirator? Coalgate and other Truths - PC Parakh

Hard Choices authored by Hillary Rodham Clinton

Author Rakhshanda Jalil on 11 March 2014 released a book titled A Rebel And Her Cause: Life and

Work.

The candidate was written by Indian Journalist Anirudh Bhattacharya.

Arctic Summer written by Novelist Damon Galgut

A book entitled A Stamp is Born authored by C. R. Pakrashi

A book My Years with Rajiv and Sonia written by R.D.Pradhan.

A book Post Haste: Quintessential India written by B.G. Verghese

Book entitled India Junction A Window to the Nation was released by Arunendra Kumar, the

Chairman of Railway Board.

Shekhar Guptas book entitled Anticipating India - The best of national interest was released.

Getting India Back on track-an action agenda for reform- edited by Bibek Debroy, Ashley Tellis &

Reece Trevor.

Biography of Dilip Kumar, entitled was released in Mumbai. The

biography has been penned by Uday Tara Nayar.

The book titled Warrior State: Pakistan in the Contemporary World- T V Paul

A Bad Character - Deepti Kapoor.

Blood Feud: The Clintons vs. the Obamas- Edward Klein Pranab Mukherjee received first copy of a coffee-table book titled First Citizen: Pranab Mukherjee

in Rashtrapati Bhavan that was released.

Visits in India:

SAARC Countries Leaders visited India


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Foreign Minister of China, Wang Yi was on a two-day long visit to India in the capacity of Special

Envoy of the President of China, Xi Jinping.

Prime Minister of India Narendra Modi made his first foreign tour to Bhutan.They visited India as a

part of swearing-in ceremony of Narendra Modi as Prime Minister of india.

PM of India, Narendra Modi Visited to Brazil to attend 6thBRICS summit.

Central government & Cabinet ministers:

President of India- Shri Pranab Mukherjee.

Vice President of India- Shri Hamid Ansari

1

Prime Minister and also in-charge of the Ministries/Departments not

specifically allocated to the charge of any MinisterNarendra Modi

Personnel, Public Grievances and Pensions

Department of Atomic Energy Department of Space2 Home Affairs Rajnath Singh

3 External Affairs, Overseas Indian Affairs Sushma Swaraj

4 Finance, Corporate Affairs, Defence Arun Jaitley

5Urban Development Housing, Urban Poverty Alleviation, Parliamentary

AffairsM Venkaiah Naidu

6 Road Transport, Highways Shipping Nitin Gadkari

7 RailwaysD V Sadananda

Gowda

8 Water Resources, River Development and Ganga Rejuvenation Uma Bharati

9 Minority Affairs Dr Najma A Heptulla

10 Rural Development, Panchayati Raj, Drinking Water and Sanitation Nitin Gadkari

11 Consumer Affairs, Food and Public Distribution Ram Vilas Paswan

12 Micro, Small and Medium Enterprises Kalraj Mishra

13 Women and Child Development Maneka Gandhi

14 Chemicals and Fertilizers Ananth Kumar

15 Communications and Information Technology, Law and Justice Ravi Shankar Prasad

16 Civil AviationAshok Gajapathi Raju

Pusapati17 Heavy Industries and Public Enterprises Anant Geete

18 Food Processing Industries Harsimrat Kaur Badal

19 Mines Steel Labour and EmploymentNarendra Singh

Tomar

20 Tribal Affairs Jual Oram


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21 Agriculture Radha Mohan Singh

22 Social Justice and EmpowermentThaawar Chand

Gehlot

23 Human Resource Development Smriti Irani

24 Health and Family Welfare Dr Harsh Vardhan

Ministers of State with Independent Charge

1Development of North Eastern Region, External Affairs, Overseas Indian

AffairsGeneral VK Singh

2 Planning, Statistics and Programme Implementation, Defence Inderjit Singh Rao

3Textiles, Parliamentary Affairs, Water Resources, River Development and

Ganga Rejuvenation

Santosh Kumar

Gangwar

4 Culture and Tourism Shripad Yesso Naik

5 Petroleum and Natural Gas Dharmendra Pradhan

6 Skill Development, Entrepreneurship, Youth Affairs and Sports Sarbananda Sonowal

7Information and Broadcasting Environment, Forest and Climate Change,

Parliamentary AffairsPrakash Javadekar

8 Power, Coal, New and Renewable Energy Piyush Goyal

9

Science and Technology Earth Sciences Prime Minister Office Personnel,

Public Grievances & Pensions Department of Atomic Energy, Department of

Space

Jitendra Singh

10 Commerce and Industry, Finance Corporate Affairs Nirmala Sitharaman

Ministers of State

1 Civil Aviation GM Siddeshwara

2 Railways Manoj Sinha

3 Chemicals and Fertilizers Nihalchand

4 Rural Development Panchayati Raj Drinking Water and Sanitation Upendra Kushwaha

5 Heavy Industries and Public Enterprises Radhakrishnan P

6 Home Affairs Kiren Rijiju

7 Road Transport and Highways Shipping Krishan Pal

8 Agriculture, Food Processing Industries

Dr Sanjeev Kumar

Balyan

9 Tribal Affairs

Mansukhbhai

Dhanjibhai

Vasava

10 Consumer Affairs, Food and Public DistributionRaosaheb Dadarao

Danve

11 Mines, Steel, Labour and Employment Vishnu Deo Sai


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12 Social Justice and Empowerment Sudarshan Bhagat

SPORTS NEWS :

Dipika Pallikal of India lost the title clash of the Texas Open squash tournament by Egyptian Nour ElSherbini at Houston, United States.

Baroda won the National Syed Mustaq Ali Cricket T20 Trophy after defeating Uttar Pradesh in the

final match by three runs.

Indian judokas won 12 medals at the seventh South Asia Judo Championships held in Kathmandu.

Stanislash Wawrinka won the Monte Carlo Masters Tennis title on 20 April 2014 by defeating Roger

Federer, 4-6, 7-6(5), 6-2.

Joshna Chinappa won inaugural Richmond Open at the Country Club of Virginia. Chinappa won

against Australian Champion Rachael Grinham.

BCCI has chosen a three-member panel to probe allegations of betting and spot-fixing during the

sixth edition of IPL. The three member panel will comprise

The former Chief Justice of the Calcutta High Court, Jai Narayan Patel

The former Director of the Central Bureau of Investigation, RK Raghavan

The former India captain-turned-commentator, Ravi Shastri

Former US boxer, Rubin 'Hurricane' Carter died on 20 April 2014 at his home in Toronto, Canada

following a battle with prostate cancer. He was 76.

Shaik Abdul Hameed won Asian Bowling Federation (ABF) Tour title 2014 of Thailand Tour.

Kritsanakorn Sangaroon of Thailand won the 2014 Thailand Tour womens title of Asian Bowling

Federation (ABF).

Meb Keflezighi and Rita Jeptoo won the Boston Marathon 2014 in male and female category,

respectively.

Donna Vekic won the BMW Malaysian Open 2014 at Kuala Lumpur, Malaysia.

Chitra Magimairaj on 22 April 2014 won the World Womens Senior Snooker Championship at

Leeds, Britain by defeating Alena Asmolava of Belarus.

Benfica on 21 April 2014 won the 33rd Portuguese Football league title after four years.

Film series titled Brazuca around the World launched by adidas to excite football fans for the 2014

FIFA World Cup Brazil.

Real Madrid won the Copa del Rey Cup

All India Football Federation has launched AIFF Academy Certification initiative to set a standard of

Youth Development in the Country through a certification model.

Indian Squash Player Saurav Ghosal won Dato Alex Lee Award 2013 on 24 April 2014.

Adhiban won the silver medal at the Asian Continental Chess Championship in Sharjah.

Luis Suarez was named as the Professional Footballers Association Player of the Year. Eden Hazard

was voted as the Young Player of the Year.

Indian Golfer Anirban Lahiri was ranked 67 in World Golf Ranking

Wimbledon prize amount for 2014 has been increased by 10.8 percent to 25 million Pound


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Jitu Rai on 19 June 2014 became the first Indian to win three medals in successive ISSF Shooting

World Cup.

Saina Nehwal won 750000 US dollar Australian Open Super Series by defeating Carolina Marin of

Spain in straight-game played at Sydney.

Indian cueist, Pankaj Advani won his maiden IBSF 6-Red World snooker title at Sharm el-Sheikh in

Egypt by defeating Kacper Flilpiak of Poland.

Sachin Tendulkar-led MCC XI won over Shane Warne-led Rest of the World XI in a match played in

honour of the Lords bi-centenary year.

Novak Djokovic defeated Roger Federer 6-7(7), 6-4, 7-6(4), 5-7, 6-4 to win his second Mens

Wimbledon title. His first title was claimed in 2011.

Czech left-hander Petra Kvitova won the 2014 Wimbledon women singles title by defeating

Canadian Eugenie Bouchard 6-3, 6-0.

Germany won 2014 FIFA World Cup by defeating Argentina 1-0 at Maracana in Rio de Janeiro. The

goal was made by Mario Gotze during the extra-time.

INTERNATIONAL ORGANIZATION & HEADQUARTERS:

United Nations Conference on Trade and Development UNCTAD - Geneva

United Nations International Childrens Emergency Fund UNICEF - New York

Food and Agriculture Organization FAO - Rome

International Atomic Energy Authority IAEA - Vienna

International Bank for Reconstruction and Development IBRD - Washington

International Civil Aviation Organization ICAO - Montreal

International Development Association IDA - Washington

International Finance Corporation IFC - Washington

International Fund for Agricultural Development IFAD - Rome

International Labor Organization ILO - Geneva

International Maritime Organization IMO - London

International Monetary Fund IMF - Washington

International Telecommunications Union ITU - Geneva

United Nations Educational, Scientific and Cultural Organization UNESCO - Paris

Universal Postal Union UPU - Berne

World Health Organization WHO - Geneva

World Intellectual Property Organization WIPOGeneva

African Development Bank ADB - Abidjan (C te dIvoire)

Asian Clearing Union ACU - Teheran Asian Development Bank ADBManila

South Asian Association for Regional

Cooperation SAARC Kathmandu (Nepal)

West African Economic Community WAEC - Ouagadougou

United Nations UN - New York

COUNTRIES , WHICH ARE IN NEWS RECENTLY & THEIR CURRENCY:


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Canada- Canadian dollar

Bangladesh- bangladeshi taka

UK- british pound

Germany- euro

Japan - yen

China- yuan

South Korea- won

Ukraine- Ukranian hryvnia

North Korea- won

France- franc

Pakistan- Pakistani rupee

Sri Lanka- Sri Lankan rupee

Russia- ruble

Guinea- franc

BhutanBhutanese ngultrum and Indian rupee

Columbia- peso

Israel- new shekel

USA- dollar

Egypt - pound

Vetican City- euro

Lithuania- litas

Syria- pound

Spain- euro

Malawi- kwacha

Belarus- ruble

Kazakhastan- tenge

MauritiusMauritian rupee

Thailand- Thai baht

Qatar- riyal

Moldova- leu

Georgia- lari

IMPORTANT DAYS:

APRIL April 01- Prevention of Blindness Week

April 02- International Children's Book Day

April 5- National Maritime Day, India

April 7- World Health Day, All Over World

April 07- Handloom Week

April 11- National Safe Motherhood day, India


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April 13- Jallianwala Bagh Massacre

April 14- Customs Day

April 14- Fire Service Week

April 17- World Hemophilia Day

April 18- World Heritage Day

April 18- World Amatuer Radio Awarness Day

April 22- Earth Day

April 24- Women's Political Empowerment Day, India

April 23- World Book and Copyright Day

April 29- International Dance Day

April 30- Anti-Child Labour Day

May

May 1 Workers' Day (International Labour Day)

May 3 Press Freedom Day; World Asthma Day

May 2nd Sunday Mother's Day

May 4 Coal Miners' Day

May 8 World Red Cross Day

May 9 World Thalassaemia Day

May 11 National Technology Day

May 12 World Hypertension Day; International Nurses Day

May 15 International Day of the Family

May 17 World Telecommunication Day

May 24 Commonwealth Day

May 31 Anti-tobacco Day

JUNE

June 1- Global day of parents

June 4 International Day of Innocent Children Victims of Aggression

June 5 World Environment Day

June 8 World Ocean Day

June 3rd Sunday Father's Day

June 12 World day Against Child Labour

June 14 World Blood Donor Day

June 20 World Refugee Day

June 23 United Nation Public Service Day

June 26 International Day against Drug Abuse and Illicit Trafficking

June 30- Goa day

JULY

July 1 Doctor's Day


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July 6 World Zoonoses Day

July 11 World Population Day

ABBREVIATIONS:

IOD- Indian Ocean Dipole

ICANN- Internet Corporation for Assigned Names and Numbers

IMD- Indian Meteorological Department

RRTS- Regional Rapid Transit System

READ Alliance- Read, Engage, Achieve, Dream

URWSSP- Uttarakhand Rural Water Supply and Sanitation Project

MRWSSP- Maharashtra Rural Water Supply and Sanitation Project

UDWDP- Uttarakhand Decentralised Watershed Development Project

CCI- Competition Commission of India

OVL- ONGC Videsh Limited

DGCA- The Directorate General of Civil Aviation

SDMC- South Delhi Municipal Corporation

IIC- India International Centre

AIBA- International Boxing Association (amateur) or AIBA

LTTE- Liberation Tigers of Tamil Eelam

SOD- Super Oxide Dismutase

COAS- Chief of Army Staff

IRENA- International Renewable Energy Agency

UNESCO- United Nations Educational, Scientific and Cultural Organization

IAEA- International Atomic Energy Agency (IAEA)

NFSA- National Food Security Act

UNEP- United Nations Environment Programme

TNCA- Tamil Nadu Cricket Association

NDMA- National Disaster Management Authority

MPA- Marine Protected Area

NMLP- Narmada-Malwa-Gambhir Link Project

OHCHR- Office of High Commissioner for Human Rights

OSCE- Organization for Security and Co-operation

DRSC- District-level Road Safety Committees

Disclaimer: Dearreaders our team has made best efforts to make the contents error free, however, if

you notice any inadvertent error do inform us with your answer or rectification. So, kindly cross-check if

you have any doubts, in any case, our team shall not be responsible for any loss cussed by inadvertent

errors in this matter.


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