05 February 2013 Current Affairs

India, Austria sign social security agreement

India had signed a social security agreement with Austria on 05 February 2013 to encourage movement of people and enhance business and trade engagements.

Mumbai Is World’s Cheapest City

Mumbai shares the title of the world’s cheapest city with Karachi, in Pakistan, according to the “Worldwide Cost of Living 2013” survey by the Economist Group’s Economic Intelligence Unit.After Mumbai and Pakistan comes Delhi ,Algiers, Bucharest, Colombo and Panama City.According to the report, the five most expensive cities in the world are Tokyo and Osaka in Japan, Sydney, Oslo and Melbourne.

India Pledges $100m For Mali Reconstruction

On 5 February India pledges $100m for Mali reconstruction .India has committed to giving $1 million for the upgrade of the Malian army with a pledge to ramp up contributions for reconstruction to $100 million after the situation stabilizes.

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