TOP -10 HEADLINES –13.10.2014 1. Freedom fighter Captain Abbas Ali, 95, died of a heart attack, at a hospital. Ali was a captain in the Indian National Army led by Netaji Subhash Chandra Bose. Later he joined the socialist movement and was a close associate of Ram Manohar Lohia. 2. Taking forward his announcement during his address to the nation on August 15, Prime Minister Narendra Modi on Saturday unveiled a blueprint for the Saansad Adarsh Gram Yojana (SAGY) on Jayaprakash Narayan’s birth anniversary. 3. After a brief lull as the eye of Cyclone Hudhud crossed over Visakhapatnam, heavy rain and strong winds are again battering the coastal district of Andhra Pradesh with the tail now passing over it. 4. The Delhi-Agra semi-high speed train will be named Gatimaan Express and will have LCD TVs installed behind each seat and emergency braking system. It proposes to reduce travelling time between Delhi and Agra to 105 minutes. 5. In a major setback to the ministry of women and child development, the law ministry has red-flagged a proposal to provide the National Commission of Women punitive powers to arrest and penalise people guilty of harassing women and ignoring summons. The law ministry has also questioned the move to have two separate selection panels for chairperson and members of the commission. 6. Explorers have discovered the worlds largest cave by volume in China. Researchers have found that Miao Room Chamber in China is the largest in the world with a volume measured as 10.78 million cubic metres. 7. The Reserve Bank may look at lifting cap on foreign holding of government debt in two years, once the economy has reached its potential growth rate, Governor Raghuram Rajan has said. The RBI will remove limits on foreign participation in the domestic bond market once the world becomes excited in a more substantial way about the India story, Rajan told Euromoney magazine in an interview. 8. An internal committee of the insurance sector regulator Irda has recommended hiking FDI in all insurance sector intermediaries like brokers, surveyors, third-party administrators (TPAs) and web aggregators to 49 per cent from the present 26 per cent. 9. Gen Next is taking charge at Reliance Industries (RIL), Indias biggest private company. Isha Ambani, 23, and twin brother Akash, the children of Nita and Mukesh Ambani, are joining the boards of Reliance Jio Infocomm and Reliance Retail Ventures, a wholly-owned subsidiary of RIL, as directors. 10. Reserve Bank of India Deputy Governor S S Mundra on Saturday said the final guidelines on small and payments banks were expected in a month. We have received comments (on discussion paper), he said, while addressing students from the NMIMS in Mumbai. RBI had come out with draft guidelines on the differentiated banks this year and had asked for comments on the same.
Posted on: Tue, 28 Oct 2014 04:21:35 +0000
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