(English) Current Affairs For Bank IBPS Examination - 12 July, 2013

Current Affairs For IBPS, SBI & All Banks Examination

12 July 2013

Top women leaders in India 2013

Magnificent MS Dhoni wins tri-series for India, Sri Lanka lose by 1 wicket

Mahendra Singh Dhoni once again lived upto the 'Captain Cool' tag as he held his nerve to almost singlehandedly guide India to yet another title triumph with a narrow one-wicket win over Sri Lanka in a thrilling final of the the Tri-nation ODI series.

Indian captain Mahendra Singh Dhoni (78 dismissals -- 59 catches + 19 stumpings in 57 matches) has become the first wicketkeeper to effect 75 dismissals in India-Sri Lanka ODIs.

Kumar has got his first player of the series award in ODIs. His performance of two for 24 is his best in a tournament final.

India have now won three consecutive ODI series -- 3-2 against England in India 2012-13, ICC Champions Trophy 2013 and the West Indies tri-series 2013.

England lead by 15 runs after Agar's heroics

Earlier, Agar hit 98 from 101 balls with two sixes and 12 fours to break the previous mark by a No. 11 of 95 by Tino Best for West Indies against England last year and swing the momentum in Australia's favor.

India welcomes US investors, airs concerns over barriers

Keeping up their efforts to sell brand India amid a slow down, three top government leaders in-charge of the economy have assured potential US investors that India continued to offer huge business opportunities. But Finance Minister P Chidambaram, Commerce Minister Anand Sharma and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia, each had a different take as they sought to address US corporate leaders' concerns about the business environment in India

Major economic reforms after general elections: Montek Singh

Planning Commission Montek Singh Ahluwalia said:Major economic policy reforms in India that require legislative changes is most likely to slip away until the next general elections

Nomura says narrowing credit-deposit gaps to ease liquidity

The gap between credit and deposit growth has narrowed, which should ease the pressures on liquidity, foreign brokerage Nomura said today.

It said banks recorded a credit growth of 13.7 per cent in June over the same period year ago while, the deposit growth came in at 13.8 per cent. But in absolute terms the growth has been flat on a year-on-year basis.

India's economic reforms not enough: US trade official

US Trade Representative Michael Froman:Expressing concern over the investment and innovation environment in India, a top US trade official has said the recent set of economic reforms initiated by the country were not enough to return to the path of robust growth.

"Let me stress that as a friend of India and one of the caretakers of our economic relationship, I am concerned about the investment and innovation environment in India, not just from the perspective of our bilateral relationship, but from the perspective of India's own economic aspirations

Congress brass moves to take final call on Telangana

The Andhra Pradesh leadership — chief minister Kiran Kumar Reddy, deputy CM Damodar Rajanarasimha and PCC chief Botsa Satyanarayana - will make presentations to the Congress core group on whether Andhra Pradesh should stay united or Telangana be carved out of it, the question couched in the subject of "Congress roadmap for 2014" on which they have been asked to argue. The core group meeting will include PM Manmohan Singh, Congress chief Sonia Gandhi, Rahul Gandhi and other key leaders.

While Kiran Reddy is likely to push for united Andhra, deputy CM Rajanarasimha is a strong Telangana votary and PCC chief Satyanarayana is inclined towards division of the state despite hailing from coastal Andhra.

Historic abortion bill passed in Ireland; MPs vote 127 to 31 in favour

Ireland's Parliament has passed the historic and ground breaking pro-abortion bill.

Members of the Dail voted by 127 to 31 for the motion that will for the first time ever allow abortion in catholic Ireland.

Abortion services, however, will not be open for one and all.

The bill was introduced after Indian dentist Savita Halappanavar died in hospital in Galway in 2012 after being denied a termination.

Double whammy: Netas in jail can’t fight polls, Supreme Court says

The days of politicians fighting elections from jail are over. The Supreme Court has ruled that a person, who is in jail or in police custody, cannot contest elections to legislative bodies.An apex court bench of Justices A K Patnaik and S J Mukhopadhayay ruled that only an "elector" can contest the polls and he/she forfeits the right to vote during imprisonment or in police custody. However, the court said that disqualification would not be applicable to a person subjected to preventive detention under any law.

The court based its order on provisions of the Representation of the People Act. Sections 4 and 5 of the Act lay down that in order to be elected to Parliament or state legislatures, one must be an elector. The bench also referred to Section 62(5) of the Act which says that no person shall vote at any election if he is confined in a prison, whether under a sentence of imprisonment or transportation or otherwise, or is in the lawful custody of the police.

Reading Sections 4, 5 and 62(5) together, the apex court came to the conclusion that a person in jail or police custody cannot contest elections.