G.A. ==> 23 Oct 2013 1. India and China on Wednesday reached a comprehensive agreement to avoid border tensions and army face-offs along the Line of Actual Control (LAC) by deciding that neither side will use military capability to attack the other side nor tail patrols along the border. 2. Reserve Bank on Wednesday said it has received USD 10.1 billion under two schemes which were announced last month to attract foreign funds. The Reserve Bank has received till date USD 10.1 billion under the special concessional window for swapping Foreign Currency Non-Resident (Banks) Deposits and Overseas Foreign Currency Borrowings, the central bank said in a statement. 3. Moscow, the Capital of Russia hosted the 14th India-Russia Annual Summit on 21 October 2013. Prime Minister of India Manmohan Singh and the President of Russia Vladimir Putin co-chaired the summit. During the summit both nations discussed priority areas of bilateral cooperation on current international and regional issues. Both nations emphasised their continued commitment to promote and strengthen their special and privileged strategic partnership. 4. GAIL India Ltd on Wednesday signed an agreement for development of natural gas infrastructure and city gas network in Bihar.GAIL signed a Gas Cooperation Agreement (GCA) with the Department of Industries, Government of Bihar, the company said in a statement here. 5. Canara Bank today said it has signed a MoU with industry body CII to facilitate cheaper credit access to micro, small and medium enterprises. Under the MoU, Canara Bank shall extend a concessional credit of 50 basis points on the applicable card rate of interest to MSME units which are members of CII. 6. Bank Internasional Indonesia (BII) marked its re-entry into India after five years by opening a branch in Mumbai. The bank was operational in India from 1996 to 2008. 7. India Post on 22 October 2013 released a commemorative postage stamp on the Golden Jubilee of Bhakra Dam. A two-inch stamp marking the 50th anniversary of Bhakra Dam was released in Nangal by Union minister of water resources Harish Rawat. The dam was dedicated to the nation by the then Prime Minister Jawahar Lal Nehru on 22nd October in 1963. 8. The Finance Ministry on Wednesday decided to pump in Rs 2,000 crore in State Bank of India and Rs 1,800 crore each in IDBI Bank and Central Bank of India as part of the Rs 14,000 crore capital infusion plan for the current fiscal.
Posted on: Tue, 29 Oct 2013 03:42:43 +0000
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