1. Google Inc executive Susan Wojcicki has been appointed new head of its YouTube video business : Wojcicki will replace Salar Kamangar. This is one of the biggest changes in the recent times as Google wants to make YouTube as a much bigger revenue generator.
2. India offers buyer’s credit of $ 100mn to Namibia for infra projects : India has offered to provide buyer’s credit of 100 million dollars to Namibia for infrastructure projects. The offer was made by Commerce and Industry Minister Anand Sharma during his recent visit to the country. The buyer’s credit is in addition to the 100 million dollars line of credit offered during the visit of the President of Namibia to India in 2009. Buyer’s Credit is an unique programme of Exim Bank, under which the Bank facilitates Indian exports by way of extending credit facility to the overseas buyers for financing their imports from India
3. Bank of England kept Interest rates at record low of 0.5%, : The Bank of England has kept Interest rates unchanged at record low of 0.5%, as per the monetary policy announcement today. The Bank’s Monetary Policy Committee (MPC) also left the £375 billion quantitative easing stimulus programme unchanged.
4.Aus keen to sign Comprehensive Economic Cooperation Agreement with India : Aus keen to sign Comprehensive Economic Cooperation Agreement with India Australia today said it was keen to sign the Comprehensive Economic Cooperation Agreement with India to bring trade and investment ties to the forefront. Australian Trade Minister Andrew Robb said his country would push for the agreement after the general election in India. The Minister was speaking at the Australia-India Roundtable, an informal dialogue between the two countries in Melbourne today.
5.Gujarat Govt to offer lignite for SMEs via NSIC : While gas-based large industries continue to face fuel shortage, the small industries in Gujarat has a reason to cheer. The state government is considering allocating lignite directly to the small and medium industries through the National Small Industries Corporation (NSIC) from Rajpardi mines in south Gujarat.
6. ECB has kept its benchmark interest rate at 0.25% : The European Central Bank (ECB) has kept its benchmark interest rate at 0.25% after its latest meeting after reducing the rate in November last year. Eurozone inflation slowed to 0.7% in January from 0.8% in December, which helped ECB to keep interest rate at record low. Also ECB has ruled out any threat of deflation to the euro zone economy.
7.Delhi govt orders probe against Sheila Dikshit on CWG projects : In yet another move aimed at needling outside ally Congress, the AAP government today directed its Anti-Corruption Bureau (ACB) to probe a number of Commonwealth Games related projects that were implemented during the reign of Sheila Dikshit. The government has particularly asked ACB to probe the alleged irregularities in street light projects in which the Prime Minister-appointed Shunglu Committee had questioned certain decisions made by Dikshit.
8.Govt committee set up to suggest steps to ensure security of NE people : The government today set up a committee to suggest suitable remedial measures to address concerns regarding security of people from North East. The six-member panel to be headed by M P Bezbaruah, a retired bureaucrat, who will submit its report within two months after examining the causes behind the attacks, violence and discrimination against the people from the Northeast.
9.New Microsoft chief will get $4.8 million this year, $18 m in 2015 : The winner takes it all. Satya Nadella, who has been appointed as CEO of Microsoft, will earn $4.8 million in the current financial year. While Nadella gets an annualsalary of $1.2 million, he will get three times ($3.6 million) more as a cash award. This will go up to $18 million next year as he becomes eligible for stock awards.
10.Hindi writer Vishwanath Tripathi selected for the prestigious Vyas Samman for the year 2013 : Famous Hindi writer Vishwanath Tripathi been selected for the prestigious Vyas Samman for the year 2013. He has been chosen for the annual literary award instituted in 1991 by the K K Birla Foundation for his memoir ‘Vyomkesh Darvesh’, a biolgraphy of noted Hindi scholar Acharya Hazari Prasad Dwivedi. The award carries an amount of Rs 2.5 lakh. It is given to an outstanding literary work in Hindi published during the last 10 years.
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