2. Leaders of the Brics (Brazil, Russia, India, China and South Africa) group of nations on 5 September 2013 announced to set up a 100 billion US dollar fund to steady currency markets destabilised by an expected pullback of US monetary stimulus.
3. High imports of gold and oil pushed Current Account Deficit (CAD) to 4.9 per cent of GDP to $21.8 billion in the April-June quarter of the current fiscal, the RBI said today.
4. The National Bank for Agriculture and Rural Development (Nabard) has opened a lending window for private sector for the creation of warehouse space and also to set up cold storages and cold chains in Karnataka.
5. A team of around 20 International experts from the UN chemical watchdog, Organization for the Prohibition of Chemical Weapons (OPCW) will arrive in Damascus tomorrow.
6. India has approached World Bank to set up global infrastructure facility to help finance about USD 1 trillion of investments needed for projects in the sector.
7. UP has been ranked top with maximum share of about 40 per cent in the new investments attracted by real estate sector among top 20 states across the country during the first quarter of current fiscal, industry body ASSOCHAM said today.
8. Apple (AAPL) has unseated Coca-Cola as the world’s No. 1 brand, as the company founded by Steve Jobs is a leader in design and performance, according to a study of the Top 100 brands by Interbrand Corp.
9. NCA Chairman Ranjib Biswal was on 29 September 2013 appointed as chairman of the IPL during the Annual General Meeting of the Board of Control for Cricket in India (BCCI) at Chennai.
10. The wage gap between developed countries and emerging market economies like India, China, and the Philippines, are likely to shrink significantly by 2030, and the average Indian wage could more than quadruple over the said period, says a PwC report.
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