Economics Current Affairs 2013
To kick start the New Year 2014, first let us know the
important financial & economic events happened in last year 2013.
Below are the snapshot / list which shows the Datewise / Monthwise Financial, Economic, Banking, Stock Market related Current Affairs which held
during 2013
1st Jan 2013 Mr. Rajiv Kumar Goyal was appointed
as the Executive Director of Central Bank of India, succeeding R K Dubey.
1st Jan 2013 The first phase of Direct Cash
Transfer scheme in 20 districts to be launched by the Union Government
3rd Jan 2013 Y V Reddy was appointed as the Chairman
of the 14th Finance Commission
4th Jan 2013 The 30% stake purchase by Punjab
National Bank(PNB) in Metlife India Insurance Company was approved by Competition
Commission of India (CCI)
9th Jan 2013
Mr. Rajiv Takru, the Senior IAS officer was promoted and appointed as
Secretary of Financial Services in the Finance Ministry.
10th Jan 2013 The Union
Cabinet approved the proposal of infusing INR 12,517 Crores in public sector
banks which would let them to enhance their lending capacity and meet their
capital adequacy norms.
14th Jan 2013 Japanese Government announced a $
226.5 billion plan to rebuild disaster-hit areas of the country and to mitigate
the nation’s military resources.
15th Jan 2013 Finance Minister Mr. P Chidambaram announced
that implementation of GAAR will be deferred to April 2016 but FIIs will be
exempted from its purview
25th Jan 2013 Indian Healthcare Industry would be
getting an additional 1000 bed hospital as a plan was announced by Singapore-based
Company SpiceGlobal to enter the Indian Market.
27th Jan 2013 The Ministry of Commerce of China
decided to levy import duties on two chemicals from the US and European Union
for 5 years
7th Feb 2013 The Indian government declared to
sell its 9.5 per cent stake in country's largest power producer National
Thermal Power Corporation Ltd (NTPC)
12th Feb 2013 Institute of Chartered Accountants
of India (ICAI) announced the appointment of Mr. Subodh Kumar Agrawal and Mr. K. Raghu as
new President and Vice-President.
18th Feb 2013 The bond auctions worth of INR 12,000
Crores were cancelled by the Union Government of India
1st Mar 2013 Corporation bank launched it’s 3
schemes namely corp club, corp privilege and corp global.
8th Mar 2013 Securities and Exchange Board of
India (SEBI) has formed a panel under the chairmanship of former chief justice
of Karnataka High Court Justice N. K. Sodhi to review insider trading norms to
curb the menace of insider trading.
12th Mar 2013 The Union Government and RBI decided
to introduce one billion pieces of 10 Rupees Plastic bank notes in five (5)
cities.
15th Mar 2013 The Government of Rajasthan and
Hindustan Petroleum Corporation Limited (HPCL) signed a Memorandum of
Understanding (MOU) at Jaipur for setting up a Refinery.
2nd Apr 2013 The power
giant National Thermal Power Corporation Ltd (NTPC) signed three loan
agreements worth 1870 crore Rupees with Canara Bank, Punjab & Sindh Bank
and Andhra Bank for worth of 1000 crore, 570 crore and 300 crore Rupees
respectively.
18th Apr 2013 The Union Cabinet of India cleared
the proposal to increase Dearness Allowance (DA) for the Central government
employees from 72 percent to 80 percent. The hike in the DA was made effective
1 January 2013 and will benefit about 50 lakh central Government employees and
more than 30 lakh pensioners.
18th Apr 2013 The Annual Supplement 2013-14 to
Foreign Trade Policy (FTP) 2009-14 was released by the Union Minister for
Commerce, Industry and Textiles, Mr. Anand Sharma at Vigyan Bhawan, New Delhi.
19th Apr 2013 Muthoot Fincorp, part of Muthoot
Pappachan Group, announced its launching of 100 crore Rupees non-convertible
debenture (NCD) issue in order to fund the expansion of small and medium
enterprise (SME) and microfinance business
24th Apr 2013 The Finance Minister Mr.
P.Chidambaram launched medi claim facility for the farmers holding Kisan Credit
Cards (KCC) issued by Dena Bank.
26th Apr 2013 As per the Department of Industrial
Policy and Promotion (DIPP) the Foreign direct investment (FDI) inflows into
the services sector declined by 3.5 per cent to 4.66 billion US Dollars during
the April-January period of fiscal year 2012-13.
27th Apr 2013 Takehiko Nakao (former Vice Minister
of Finance for International Affairs of Japan) was appointed as the President
of the Asian Development Bank (ADB) by the Board of Governors at New Delhi.
1st Jul 2013 State Bank of Travancore in
Trivandrum introduced doorstep banking to its customers where they can deposit
their money at their doorstep as bank vehicles with state-of-the-art technology
will come after a pre-request has been made.
11st Jul 2013 The government will be shooting out 1,030 crore
rupees in the 12th Plan period (2012-17) for updating the country's industrial
infrastructure.
15th Jul 2013 22 banks including SBI, PNB have
been penalized for KYC norms violation and money laundering by RBI.
26th Jul 2013 As announced by Employees' Provident
Fund Organization (EPFO), the settlement of provident fund claims through online
facility can be done with effect from August 2013
6th Sep 2013 The Pension Fund Regulatory and
Development Authority (PFRDA) Bill, 2011 was passed by the Rajya Sabha on 6th
September 2013.
19th Sep 2013 Bhartiya Mahila Bank,
the first nationalized bank for women which is expected to be operational from
November 2013 has started its recruitment process
20th Sep 2013 JP Morgan was fined $920m over
'London Whale' trading scandal.
12th Nov 2013 The government today appointed Usha
Ananthasubramanian as the Chairperson and Managing Director of Bharatiya Mahila
Bank, the first all-women bank.
21st Nov 2013 According to SEBI, a single Self
Regulatory Organization (SRO) would be put in place for the oversight of for
all mutual fund distributors.
26th Nov 2013 The Reserve Bank of India (RBI)
allowed banks to treat loans given to medium manufacturing enterprises as
priority sector advance after 13 November 2013.
6th Dec 2013 The Government of India modified the
FDI policy allowing unlisted companies to directly list on stock exchanges
abroad. The move will facilitate raising of funds for acquisitions or clearing
overseas debts. It may help India in containing its high Current Account
Deficit (CAD).
7th Dec 2013
RBI makes punching PIN mandatory for debit card transactions done every
time.
12th Dec 3013 Doha Bank got license to start its
Banking Operations in India.
13th Dec 2013 The Union Cabinet approved the
national rollout of the Plan Accounting and Public Finance Management System
(PA&PFMS) also known as Central Plan Scheme Monitoring System.
14th Dec 2013 C.V.R Rajendran appointed as
chairman and managing director of Andhra Bank.
15th Dec 2013 Arundhati Bhattacharya, Chairman of
State Bank Of India, Inaugurated the Personal Banking Branch, Sector-17 as,
'All Women branch' in Chandigarh.
23rd Dec 2013 HDFC Mutual Fund has signed a
agreement to acquire all Eight Schemes of Morgan Stanley Mutual Fund in India.
The details of the transaction were not disclosed. The average combined assets
under management (AUM) of the Eight Schemes for quarter ended September 30, 2013
was Rs. 3, 290 crore.
HDFC Mutual Fund (MF), with assets of Rs 1.03 lakh crore,
agreed to buy all eight schemes of Morgan Stanley with combined assets of Rs
3,290 crore . The Economic Times reports that the purchase is expected to help
the fund to widen its gap with Reliance Mutual Fund, the second biggest fund
house in the country, and consolidate its position at the top of the industry.
Reliance has assets worth Rs 93,249 crore.
23rd Dec 2013 The Finance Ministry on 23 December 2013 directed
public sector banks (PSBs) to act as insurance brokers
from 15 January 2014.
May God bless you with good health & wealth! :-)
0 comments:
Post a Comment