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Current Affairs for IAS Exams - 14 March 2014

1182 March 16, 2014  March 2014 Current Affairs
  1. United States has lifted ban on oil giant BP (British Petroleum) that prevented it from winning new government contracts. The ban was imposed as a penalty for the 2010 Gulf of Mexico oil spill, the worst in US history. The ban has been lifted after BP agreed to a set of safety, operations and compliance requirements. As part of the agreement, BP will also drop its lawsuit against the US Environmental Protection Agency.
  2. Former Arunachal Pradesh Minister, TC Teli died in Itanagar at the age of 50. He is now survived by his two wives, four sons and five daughters.
  3. Parliament of Syria unanimously approved new election law allowing multiple candidates to run for the post of President.
  4. Reserve Bank of India (RBI) hiked the trade related remittance limit from 2 lakh rupees to 5 lakh rupees per transaction.
  5. Nandan Nilekani resigned as chairman of the Unique Identification Authority of India.
  6. Mahendra Singh Dhoni-led Indian cricket team left for Bangladesh today to compete in the "ICC World Twenty20 Championship" scheduled from March 16, 2014.
  7. Sri Lanka seeks help from Non-Aligned Movement (NAM) nations to ward off the U.S. sponsored rights resolution against it at the next U.N. Human Rights Council meet in Geneva.
  8. Thomas Mathew elected as MCX Chairman. Former Home Secretary G.K. Pillai resigned as Chairman of MCX Stock Exchange. The resignation came hours ahead of a scheduled board meeting of MCX-SX, where former LIC Chairman Thomas Mathew T has taken over as new Chairman.
  9. A brood of the highly elusive nocturnal forest bird, the Great Eared Nightjar, had been spotted in Kerala, India.
  10. Indian telecom equipment-maker Vihaan Networks Ltd (VNL) is powering a communications revolution in Africa, particularly in villages and remote locations, through its innovative, green mobile tower solutions. The latest to join its client list is Ghana, which has chosen VNL’s solar-powered "WorldGSM" mobile tower architecture, an environment-friendly and cost-effective mobile system to deliver affordable services in villages. VNL is already present in Nigeria, Uganda and Benin, while it is in talks with other African nations to deploy its cheap and green telecom solutions. In Latin America, VNL has deployed its network in Bolivia and Peru. In Bolivia, it has partnered with Entel S.A. (state-run telecom operator) for deployment of GSM mobile tower sites in remote locations under the "Cobertura Movil Rural" (rural mobile coverage) project.
  11. India’s economy is likely to grow at 5.5% in the 4th quarter (Q4) of the current fiscal on higher agriculture output and pick up in the manufacturing activities, Prime Minister
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