News Bits - 4 Feb 2015

   

1. RBI Doubled the amount of Forex (now upto $250000) that an individual can remit in a Year. It was Reduced in 2013.
2. 2.Indian Author Hindol Sengupta's Book (Recasting India) sortlisted for U.S.' prestigious Hayek Prize.
3. World Bank Report flags overexploitation of Natural resources, Biodivercity Loss in Sunderban.
4. Shanta Kumar high-level committee on restructuring of Food Corporation of India recommending a gradual mve to Cash Transfer.
5. SC refuses to transfer 5 cases challenging coal ordinace for various High courts to itself ; says "Everybody has a right ,including the businessman".
6. 4 Days Bank strike from Feb. 25 because of long pending wage revision.
7. Intensified protest by locals after leakage of water though several cracks of Koteshwar dam across the Bhagirathi in Tehri District.
8. Britaing on Tuesday became the first country in the qorld to allow the creation of babies with DNA from three people.
9. RBI reduces SLR by 50 basis point to 21.5% , Repo Rate and CRR unchanged.
10. Vijay Kumar won 25m centre fire pistol event in shooting competitions of 35th National Games.