Manabadi
Current Affairs 18th Feb 2014, 2015 in Telugu, Tamil, Hindi, English At
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1.
Leaving direct taxes untouched, Finance Minister P Chidambaram slashed excise
duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to
boost manufacturing and growth.
2. The
government said the fiscal deficit for the current financial year will be
contained at 4.6 per cent of GDP. The fiscal deficit, which is the gap between
expenditure and revenue, was 4.9 per cent of GDP in the previous financial
year.
3.
India’s current account deficit (CAD) will be contained at USD 45 billion this
financial year, well below the record high level of 2012-13, Finance Minister P
Chidambaram said.
4.
Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while
farm exports are expected to increase to over USD 45 billion in the current
fiscal, Finance Minister P Chidambaram said.
5.
President Pranab Mukherjee has imposed President’s rule in Delhi and accepted
the Arvind Kejriwal government’s resignation, authorities said.
6.
Justice Rajesh Kumar Agrawal and Justice Nuthalapati VenkataRamana were sworn
in the judges of the Supreme Court.
7. Amid
its modernisation drive, the Defence Ministry was allocated Rs 2,24,000 crore
in the interim General Budget, marking a 10 per cent increase over the last
Budget.
8.
Director Avinash Arun’s Marathi film ”Killa” won the Crystal Bear for the best
film awarded by the children’s jury at the 64th Berlin International Film
Festival.
9. To
deepen financial markets, the government proposed to overhaul the norms
governing issuance of foreign-listed securities by Indian firms and said steps
would be taken to boost corporate bond and currency derivative segments.
10. The
diversified R P (Ravi Pillai) Group plans to deploy USD 1.5 billion (5.5 billion
dirhams) on real estate development in Dubai, says a media report.
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