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TOP – 10 HEADLINES – 29.01.2014
1. RBI Governor Raghuram Rajan again surprised markets & raised key policy rate by 0.25 pc to 8 pc in a bid to curb inflation, move that may translate into higher EMIs.
2. The Supreme Court refused to take up petitions filed by Centre and rights activists seeking review of its verdict declaring gay sex an offence punishable up to life imprisonment.
3. Reserve Bank said growth is expected to fall below 5 pc in 2013-14 in absence of pick-up in manufacturing sector, but likely to recover to 5.5 pc in next financial year.
4. The Food Ministry has proposed a marginal increase of Rs 10 per quintal in the fair and remunerative price (FRP) for sugarcane at Rs 220 for the year starting October 2014.
5. In Kerala, the Special Additional Sessions Court in Kozhikode sentenced 11 persons to life imprisonment in connection with the TP Chandrasekharan murder case.
6. Soaring worldwide growth of Lord Swraj Paul’s steel and engineering empire, the Caparo Group, has elevated the family’s worth to the two billion pound mark to make him the second richest person in British Midlands and one of the wealthiest in the country.
7. Former defence forces chief Peter Cosgrove was appointed Australia’s new Governor-General to represent Britain’s Queen Elizabeth II in the country.
8. The Railway Minister, Mallikarjun Kharge received cheques of dividend amounting to Rs. 505.31 crore for the year 2012-13 from the seven Public Sector Undertakings (PSUs) under the Ministry of Railways, at Rail Bhawan.
9. Ukraine’s Prime Minister Nikolai Azarov resigned in view of deadly clashes and protests in the country.
10. New PAN cards issued by the income tax department will cost Rs 105, including taxes.