Current Affairs For Bank, IBPS Exams - 16 December, 2013

Current Affairs For Bank, IBPS Exams

SpiceJet Ltd and Tigerair, Singapore's largest budget airline signed a three-year interline agreement for greater connectivity between their carriers.
SpiceJet is the first Indian low fare airline to establish such an arrangement with a foreign airline. This partnership will result in a major boost for tourism and business travel between the two countries.
Starting from January 6, 2014, customers travelling on SpiceJet's domestic network from 14 Indian cities can have seamless connection through Hyderabad's Rajiv Gandhi International Airport onto Tigerair's Singapore-bound flights.
Similarly starting from January 12, 2014, Tigerair customers from Singapore will also enjoy easy access to SpiceJet's wide domestic network, making their holiday and business travel more seamless.
The airport will provide a free porter service to facilitate the collection and transfer of checked-in baggage for passengers travelling on connecting flights between the two airlines.

Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate.
Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month.
The overall inflation in the food segment comprising wheat, pulses, vegetables, milk, among others, was at 19.93 per cent, up from 18.19 per cent in October.
The rise in WPI comes after the retail or consumer price inflation jumped to 11.24 per cent.
Potato prices shot up by 26.71 per cent in November, as compared to a contraction in the previous month.
The onions too were costly, but the price rise was low as compared to October. Onion inflation was at 190.34 per cent in November.
The data further revealed that protein rich items like egg, meat and fish were costlier by 15.19 per cent while milk was dearer by 6.25 per cent in November.
The WPI inflation for November 2013 is the highest since September 2012 when it was 8.1 per cent.

Wal-Mart has roped in Krish Iyer , a veteran retailer with experience of setting up new ventures, for heading its India operations.
Iyer, who was among the team that launched the first mall in India- Crossroads in central Mumbai – in late nineties, takes over from interim CEO Ramnik Naresy.
Naresy has been re-appointed as senior vice-president, Walmart International.

Wimbledon champion Andy Murray has been voted the BBC’s 60th Sports Personality of the Year, winning the accolade after becoming the first British man to lift the trophy at the All England Club in 77 years.
The 26-year-old Scot ended one of the longest droughts in British sport by beating Novak Djokovic in straight sets in July.

Ethiopian Atsedu Tsegay demolished the course record to emerge triumphant in the elite men's category, while Florence Kiplagat led a Kenyan clean sweep in the women's event of the Airtel Delhi Half Marathon.
Tsegay stopped the clock at 59.12 minutes to lower the course record by three seconds set by countryman Deriba Merga in 2008.
The Indian category was won by G Lakshmanan and Preeja Sreedharan among the men and women respectively.
Lakshmanan, representing the Army, finished in 64.44, followed home by Kheta Ram in 64.49 and Ratti Ram Saini in 64.51. Lakshmanan, finished 15th overall, with Kheta Ram (16th) and Ratti Ram (17th). Preeja clocked 80.04, followed home by Kavita Raut (80.06) and Lalita Babbar (80.09). The winners took home Rs 2.5 lakh each.