Top News Headlines of 01 February 2014

Breaking news of 01 February 2014. Grab top news headlines and major events for Current Affairs GK from all around the World.

  • Market regulator Sebi has imposed a Rs 50-lakh penalty on seven entities that are promoters of FMCG major Hindustan Unilever (HUL). They have been penalized for delays in disclosing their shareholding patterns in the company over several years and also before their buyback offer last year.
  • The new BJP government in Rajasthan on Friday night announced that it would not allow FDI in multi-brand retail in the state as it would adversely affect various stakeholders and reduce jobs.
  • Senior Microsoft executive Satya Nadella would replace Steve Ballmer as Microsoft CEO, two media reports said today, citing sources familiar with the processes of selecting the new leader at the Redmond-based company.
  • Australia completed a clean sweep of victories over England in all formats when it won the second Twenty20 cricket international by 8 wickets on Friday to clinch the three-match series 2-0.
  • Delhi’s power distribution companies Friday hiked their surcharge, and as a result the city’s power tariff would increase six to eight percent from Saturday.
  • The US Federal Aviation Administration (FAA) has lowered India’s aviation safety ranking, finding regulatory oversight to be inadequate, in a move that would impede efforts by Air India Ltd and Jet Airways (India) Ltd to expand flights to American destinations and subject them to stricter scrutiny.
  • Uttarakhand Chief Minister Vijay Bahuguna stepped down from his post on Friday. Meanwhile, central minister Harish Rawat has been informed to take charge of the hill state.
  • The United Kingdom has launched 370 scholarships worth Rs 10 crore exclusively for Indian students. The scholarship amount is the largest ever allocated for India, and was announced on Friday as part of the ongoing Great Britain campaign to bolster the country’s global reputation.
  • Music director and singer Bappi Lahiri has changed track and moved beyond the Mumbai film industry to join BJP and begin a political career. Party chief Rajnath Singh inducted him into BJP on Friday.
  • Poor performance of coal, petroleum refinery products and natural gas pulled down the core sector growth to 2.1 percent in December, 2013 from 7.5 percent in the same month a year ago.
  • Life Insurance Corporation of India, the largest insurer in the country, has over Rs 7,000 crore in tax demand pending against it, making it the biggest tax defaulter in the country.
  • Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents, according to Global NCAP.
  • A first-year student of a private university in Punjab, son of an Arunachal Pradesh MLA, died after being severely assaulted by a mob in Lajpat Nagar on Wednesday.
  • Union Agriculture Minister Sharad Pawar and senior Congress leader Murli Deora are among the seven candidates from Maharashtra that were today elected unopposed to the Rajya Sabha in the biennial polls here.
  • Senior IPS officer from Uttar Pradesh Om Prakash Singh has been appointed as the chief of the airport sector of the CISF security at the country’s civil air terminals. The 1983-batch officer will look after the security of the country’s 59 airports as the Additional Director General (ADG) of the Central Industrial Security Force.
  • Mother Dairy, the largest milk supplier in the Delhi-NCR region, will increase prices by Rs 2 a litre across all variants with effect from tomorrow due to a rise in procurement costs.
  • The past month was the third foggiest January since 1964. With 435 hours of fog spread over 27 days, the average came to 14 hours per day. The month also recorded the second highest number of very dense fog hours.
  • Shri Mohan Tiwari, Chairman-cum-Managing Director, Ircon International Limited (IRCON), received the Gold Trophy for Project export at 45th National Awards for Export Excellence for the year 2012-13 were given away by Engineering Export Promotion Council (EEPC) India. IRCON’s turnover is growing at a CAGR of 15% and profitability at a rate of 40% in the last 5 years with 50% of the turnover from overseas projects.
  • Ross Taylor and Kane Williamson continued prolific summers with the bat while Matt Henry claimed four wickets on debut as New Zealand beat India by 87 runs to complete the one-day international series 4-0 winners on Friday.
  • Over 90 US air force officers, nearly half of the nuclear launch crew at a key base, have been suspended for cheating in exams after it emerged that answers were being sent to their cellphones.
  • Diesel price was on Friday hiked by 50 paise per litre but there will be no change in petrol rates. The hike, effective midnight from Friday night, is excluding local sales tax or VAT. However, the price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of 12 subsidised cylinders, was cut by Rs.107 per cylinder on easing international rates.
  • Scientists have developed a new ‘Bond-style’ device that may allow spies to listen to someone without having to worry about being heard. Researchers at The University of Texas at Austin’s Cockrell School of Engineering have built the first-ever nonreciprocal circulator for sound that is able to break sound wave reciprocity.
  • A special court on Friday issued a bailable arrest warrant against ex-Pakistan president Pervez Musharraf, 70, in connection with the treason case he is facing for imposing emergency in 2007.
  • Diageo Plc, the world’s-largest spirits maker by revenue, has hiked its stake in United Spirits by acquiring another 2.4 per cent from a foreign portfolio investor for Rs 866 crore ($138 million) on Friday. Its holding now stands at 28.7 per cent.
  • India’s Gaurav Solanki, Neel Kamal Singh and Manjeet returned home with a medal each from the Asian Youth Boxing Championships held in Bangkok from January 24-31.
  • The government on Friday revised downwards economic growth for 2012-13 to 4.5% from the previous 5% due to sluggish performance of farming, manufacturing sectors and a decline in mining activity.
Read Also:  February 25, 2014 GK Questions

Top News Headlines of 01 February 2014
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