• Indo-China relations
    • 2006 is declared as the year of China-India Friendship year by both the countries.
    • Sun Yuxi: Chinese Ambassador to India
    • Though a lot of negative publicity is received for the denial of FDI by Chinese companies in Vizinzham port, the fact remains that about 50 Chinese companies have established their presence in India in the recent times.
    • Bilateral trade between the two countries was at $17.5 bn in 2005-06.
    • China produces the superior bivoltine silk varieties that are more durable. India has been trying to produce this variety without much scuccess.
  • The Effies
    • The awards instituted by the American Marketing Associaton (AMA) which are given in recognition of the success of an advertising agency in growing the client’s business are awarded at a function in Mumbai.
    • Effie Agency of the year: Lowe
    • Cleint of the year: HLL (Hindustan Lever Limited)
  • Internet users acorss the globe
    • There are about 1.08 bn internet users worldwide representing about 16.7% of the world’s population.
    • US tops the list with 207 mln users i.e., a penetration of 69.3% of its population. Its population is 299 mln.
    • India with about 60 mln internet users for a population of 1.11 bn is having a penetration of only 5.4%.
    • In absolute numbers India stands 4th at present worldwide. The first three places are occupied by US, China and Japan.
    • You can find the latest and more detailed statistics on this at http://www.internetworldstats.com
  • Wirefree power chargers
    • They are being tried for laptops, cell phones etc. The concept works with a base station plugged in to the socket while the laptop or cell phone having an embedded receiver in it operating at 4 to 10 MHz range. At this frequency, when the gadget comes near the plugged in socket, it gets charged. This is yet to be commercially launched.
  • Export promotion schemes currently operating in India
    • Duty entitlement passbook (DEPB) scheme
    • Export promotion capital goods scheme (EPCGS)
    • Duty free import authorization
    • Advance licence
    • Export oriented units (EOU)
    • STPI (Software Technology Parks of India) Scheme
    • Focus market
    • Focus country
    • Vishesh Krishi Upaj Yojana
    • SEZ scheme (Special Economic Zone)
  • O.J. Simpson
    • The famous footballer who was acquitted of the charges of murdering (in 1994) his ex-wife, Nicole Brown Simpson and her friend Ronald Goldman is again in the news.
    • This time for his controversial book ‘If I Did It, Here’s How It Happened’.
    • Reports say that in a separate civil court judgment, he was held liable for the victims’ wrongful deaths and ordered to pay $33.5 mln to their families.
  • Russia-US sign the bilateral deal for Moscow’s entry into the WTO at Hanoi, Vietnam on the sidelines of the APEC (Asia Pacific Economic Cooperation) summit.

1 Comment:

Anonymous said...

A blog like this is very useful for people like me, who aspire IAS and landed on a busy software job.It give us a brief idea on whats going on around us,no matter whether we are appearing for IAS or not. Thanks a lot for such a good blog....:).....Parvathy Sasidhar