Current Affairs India - 9 February 2013

1. Jaish-e-Mohammad outfit member Afzal Guru was hanged at Tihar jail today morning. He was sentenced death sentence for conspiring with and supporting members of terror group Jaish-e-Mohammad related to the December 2001 Parliament attack. Earlier President Pranab Mukherjee has rejected his mercy petition just couple of days before.


2. India-s DRDO has announced that it is developing a long-range nuclear-capable Agni-VI ballistic missile that would carry multiple nuclear warheads allowing one weapon system to take out several targets at a time. The Agni-V ballistic missile was test-fired successfully last year which cleared ways for further development in Agni-VI missile.


3. Sachin Tendulkar has scored 140 not out against Rest of India team during Irani Cup match yesterday at Wankhede stadium and equaled Sunil Gavaskar's record of most number of hundreds in first class cricket. Both of them have scored 81 centuries now including International and First class matches. Sachin reached this milestone in 303 matches compared to Gavaskar-s 348 matches. Sachin has scored 51 International test centuries while Gavaskar scored 34 International test centuries.


4. According to the government data revealed by the Central Statistics Office (CSO) last week, the economic growth of India is projected at 5% in 2012-2013 financial year, which is a lowest figure in 10 years. The reason for this drop in economic growth was due to poor performance of the services, agriculture and manufacturing sectors. This projected growth rate is much lower compared to growth projected by Finance Ministry, RBI and IMF recently.


5. Pune based CDAC (Centre for Development of Advanced Computing) has launched its fastest computer -Param Yuva II-, the new 500 TeraFlop version of its earlier PARAM Yuva. This is the 62nd fastest super computer in the world. This ensures India as the top destination for research and development globally.


6. Insurance regulator IRDA has relaxed the investment limit of the insurance companies from 10% to 15% for companies with large controlled funds. The IRDA has approved revised investment regulations for companies allowing them to increase their exposure in equity in a given company from 10% to a higher level of 12% and 15% depending on the size of the controlled fund yesterday.


7. India-s competition watchdog Competition Commission of India (CCI) has found the Board of Control for Cricket in India (BCCI) guilty of misusing its dominant position in organising events like the Indian Premier League (IPL) and restricting players from playing competitors leagues. It has fined BCCI Rs 52.24 crores for violation of competitive norms.