Govt, World Bank Sign $60m pact for Karnataka
           
The Indian government signed a $60 million loan agreement with world bank to improve watershed operations in seven district of Karnataka, the project will improve government watershed operations in 930 micro-wtersheds covering 465,000 hectares across 7 districts of Karnataka.


India, Brazil to increase cooperation in Steel, Mining  

              
High interest rate Buraden hurting Bengal’s growth
          
West Bengal minister Amit Mitra said he is confident of moping up Rs.31000 crore in taxes, a 25% jump, but servicing high debt burden limiting the state’s capacity for development.


·         
Rcom Inks Rs 5.3k-crore, 8- year outsourcing Deal with Ericsson
           
Telecom operator Reliance Comunications has outsourced its network operations and management in northern and western India to Swidesh firm Ericsson in an eight year contarct for about Rs 5385 Cr.

After 9 months, Jan Exports Rise to $25 billion
         
India’s exports rose for the first time in nine months in January , bringing some cheer to policymakers,  Exports in Januray grew 0.82% to $25.5 billion compared with the year –ago month while imports rose 6.1% to $45.6 billion.

Wipro Infotech bags 10 yr contract from MIAL
         
Wipro Infotech, the India and middle east Itarm of Wipro, on manday said it has bagged 10 year contract from Mumbai international Airport (MIAL) for providing IT sector services for new intergrated terminal  T2.

Mohan Parassaran appointed as new Solictor general
            
Additional solicitor general Mohan Parasaran was appointed as the country’s news solicitor general on 15 February 2013 following the registration of senior advocate Rohinton Nariman from post of his tenure will be for three years.

Amartya sen honoured with France’s highest civilian award
        
The French president Mr. Francois Hollande the Amartya Sen with the France’s hgest civilian award, ( Legion of Honour) after deliviring the Madhavrao  Scindia Memorial Lecture in New Delhi on 15 February 2013. The presitigious honour is the reason for his enoroums contribution to the field of economics and exchange with french academic instituation would also be recognised.


Posted for IILM GSM By Ankush kr. Soni