Wednesday 1 August 2012

Date : : 1st August 2012 Important News of the Day ::



Date ::
1st August 2012 Important News of the Day ::

( 1 ) India today decided to allow foreign direct investment ( FDI ) from Pak in a move to boost bilateral economic relations.
( 2 ) Women can enjoy free travel in Delhi Transport Corporation (DTC) buses tomorrow on the occasion of Raksha bandhan.
( 3 ) New Finance Minister - P Chidambaram, New Home Minister- Sushil Kumar Shinde, New Power Minister- Veerappa Moily.
( 4 ) SLR cut by 1% to 23%. No change in Repo / Reverse Repo / MSF / Bank Rate/ CRR.- 1st Quarter Review of Monetary Policy 2012-13.
( 5 ) Professional forecasters have lowered India's GDP growth rate forecast for 2012-13 to 6.5 % from the earlier 7.2 %.
( 6 ) CBSE to introduce the 'open book exam' concept for its board exams from academic session 2013-14
( 7 ) Tata Motors sales up 15% in July.
( 8 ) Exports dip 5.45%; imports 13.46% in June.
( 9 ) Rs 1900cr grant to fight drought.
( 10 ) Pak allows Nato supplies to Afghanistan , secures $1bn aid from US.
( 11 ) Fiscal deficit at 37% of Budget estimates.


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