25 June 2012 Current Affairs
Delhi Most Competitive City In India EIU Report
Delhi has been named the most competitive city in India for its demonstrated ability to attract capital, business, talent and tourists by a new Economist Intelligence Unit (EIU) research report.Delhi has been named the most competitive city in India for its demonstrated ability to attract capital, business, talent and tourists by a new Economist Intelligence Unit (EIU) research report.The national Capital has edged out financial hub of Mumbai, which ranked70th in the index, followed by Bangalore, India's Silicon Valley, at 79th rank, Pune at 97, Chennai at 105 and Kolkata at 106.
Saudi Women To Participate In 2012 Olympics
Saudi Arabia will enter women athletes in the Olympics for the first time in London this summer , the kingdom's London embassy said.The ultra conservative Muslim nation in one of three countries which never included women in their Olympic teams along with Qatar & Brunei.
Sam Mittal To Continue As NASSCOM President
Sam Mittal will remain as the president of National Association of Software and services companies(NASSCOM).Until early 2014.Mittal took over as NASSCOM president in Jan 2008 and was set to step down by the end if this year. NASSCOM is the 1200 member trade association that represented Indian $100 billion IT industry.
UNEP Released Its Global Food Security Report "Avoiding Future Faminer"
The United Nations Environment Program (UNEP) released its food security report "Avoiding future Faminer : strengthening the Ecological basis of food security through sustainable development in Rio de Janeiro ,Brazil on 20 Juen2012.The report noted that food security must be at the top of the priority list of country's policy if the world has to provide food to its 7billion population.
RBI Hiked Foreign Investment Limit In Government Bonds By 5Million Dollars
In a moved aimed at arresting the unrelenting fall of Indian rupee,India's central bank 'the Reserve Bank of India' on 25 June 2012 hiked the limit of foreign investment in government bonds by 5 million dollar to 20 billion dollar.The bank also raised the limit of external commercial borrowing (ECB)to 10 billion dollar.