Daily News Inventory 14th November, 2013
NASA releases new picture of planet Saturn taken from the Cassini spacecraft
● Nasa have today released a new picture of Saturn, the sixth planet from the sun, taken by their Cassini spacecraft
● It is the first-ever natural-colour portrait of Saturn, in which the planet, its seven moons and rings, and Earth, Venus and Mars, all are visible
● Cassini’s imaging team processed 141 wide-angle images to create the panorama. The image sweeps 6,51,591 km across Saturn and its inner ring system, including all of Saturn’s rings out to the E ring, which is Saturn’s second outermost ring.
Tokyo trilateral to focus on civil nuclear issues
● The fifth India-U.S.-Japan trilateral in Tokyo is to be held on 14th and 15th November.
● All three countries want to push forward the stalled civil nuclear energy agreement. Japan is a vital third leg because one of its companies will supply a crucial component for the American nuclear reactors. This requires an India-Japan civil nuclear agreement and Tokyo’s nod on the terms of liability in case of an accident.
● The meeting will pick up the issue of a route starting from India and going through upper Myanmar to eventually touch Vietnam.
INDIA :Don’t force developing nations to review their voluntary emission cuts
● India, China and other countries in the Like-Minded Developing Countries (LMDC) group on 12th November took the position to formally protest against reviewing their voluntary emission cuts.
● The ongoing Warsaw talks are part of consultation and negotiation process before the agreement on Climate Change to be signed in 2015.
RBI announces lower CAD at $56bn
● RBI said that CAD in 2013-14 will be $56 billion, much lower than the quantum projected earlier, and there was no fundamental reason for the depreciation of the rupee
● The current account deficit (CAD), which is the difference between outflow and inflow of foreign exchange, touched an all-time high of $88.2 billion or 4.8 per cent of the GDP in 2012-13
● Earlier, the government had projected the CAD in the current fiscal at $70 billion, which was revised downwards to $60 billion by Finance Minister P Chidambaram following declining gold imports and recovery in exports
Mumbai-Bangalore corridor set to create 25 lakh jobs
GOI appoints Usha Ananthasubramanian as the First CMD of Bharatiya Mahila Bank
Rupee – the Slumdog mountaineer becomes the first canine to reach Mount Everest
Bacon painting the most expensive artwork ever sold at auction
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