Union Finance Minister Approved the Proposal of FDI raise up to 49%-22/08/2012

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2 August 2012 Current Affairs Union Finance Minister Approved the Proposal of FDI raise up to 49%

The Union Finance Minister P.Chidambaram approved the raise of FDI in Insurance and Pension sector up to 49%. Earlier the limit of FDI was up to 26%. This Proposal of 49% raise of FDI was made during the tenure of Pranab mukherjee. It was delayed

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Gruber cosmology Prize 2012 to Charles L Bennett

Johns Hopkins University professor Charles L. Bennett and members of the Wilkinson Microwave Anisotropy Probe (WMAP) space mission that he led will receive the Gruber Foundation’s 2012 Cosmology Prize in Beijing, China.Bennett and the 26-member WMAP team will share the $500,000 prize and are being recognized by the foundation for their transformative study of an ancient light dating back to the infant universe. So precise and accurate are the WMAP results that they form the foundation of the Standard Cosmological Model.he Gruber Prize is the second for Bennett, who also was a member of a NASA team that won the prize in 2006. As the member of the COBE Team he conducted a ground-breaking studies confirming that our universe was born in a hot Big Bang.

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Punjab Approves Rs.93crore Milk Production Scheme

The Punjab Government has started a special programme to increase the milk production in the state by spending Rs.93crore during 2012-13. This was announced by Dairy Development Minister Gulzar Singh Ranike. Punjab government has bought 3 lakh doses of foreign semen from America and Canada for improvement of cow breeds in the state.

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