Thursday, September 5, 2013

Current Affairs of 4 September 2013


1. Raghuram G. Rajan took over as the 23rd Governor of the Reserve Bank of India. The 50-year-old economist took charge from D. Subbarao. The duo shook hands warmly and hugged after Rajan signed a 65-year-old scroll, made of toughened paper, that bears the signatures of all governors and deputy governors of RBI.



2. In order to encourage capital flows, the RBI today eased the External Commercial Borrowing, ECB norms by allowing companies to use funds raised from foreign partners for general corporate purposes.

3. Prime Minister Manmohan Singh has appointed Rakesh Sood, India’s former Ambassador to Nepal, Afghanistan and France and the country’s first Ambassador in charge of Disarmament in Geneva, as his new Special Envoy for Disarmament and Non-Proliferation.

4. Noted Indian homeopath Mukesh Batra has been honoured with Asia’s “most promising leader” award at a recent function in Dubai in the United Arab Emirates (UAE) for pioneering work in healthcare, using natural medicine.

5. Ronald Coase, the British-born US economist who was awarded the Nobel prize in 1991, died today in Chicago, the University of Chicago announced. He was 102.

6. The HRD Minister Dr. M M Pallam Raju today inaugurated the Sixth Global Skills Summit (GSS) at FICCI today. This two day FICCI annual event is being organized in collaboration with Ministry of Human Resource Development, Ministry of Labour and Employment and National Skill Development Corporation (NSDC).

7. India and Japan on Tuesday agreed to “intensify” their negotiations on the civil nuclear pact towards an early conclusion at a high-level official meeting in Tokyo.

8. The Union Cabinet on Tuesday approved the proposal for setting up of the Bharat Rural Livelihood Foundation (BRLF) as an independent charitable society under the Societies Registration Act, 1860.

9. Usain Bolt plans to retire after the 2016 Rio de Janeiro Olympics. Bolt said Wednesday he wants to win more gold in Rio, set another world record in the 200 meters next year, and perhaps win a gold medal at the Commonwealth Games.

10. In yet another victory for the security forces, Hizbul Mujahideen’s self styled commander Talib Lali was arrested from his native Ajas in Bandipore on Wednesday.


11. Faced with a tough economy and unstable rupee against the dollar, new RBI governor, Raghuram Rajan on Wednesday stressed the need for monetary stability saying it was a top priority.

12. Tommy Morrison, the former heavy weight champion, who was diagnosed positive for HIV died atthe age of 44. As a boxer, he was nicknamed as The Duke and in his entire boxing career; he played 52 professional fights and lost only 3 of them.

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