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SBI tie up with travel company MakeMyTrip.com

Country’s largest bank State Bank of India(S.B.I) announced its tie-up with travel company MakeMyTrip.com. This partnership includes partnership with personal banking unit for consumer facing propositions- including EMIs on purchase of holidays and international travel, customised travel products like Forex cards and travel products. On the other hand MakeMyTrip customers will be able to access special offers from SBI on debit/credit cards and personal financing.

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Greece became first developed nation to default on IMF debt.

Greece became the first developed nation on default on International Monetary Fund(I.M.F) debt. It became a defaulter after it missed the deadline for payment  of 1.7 billion dollar(1.5 billion euro) to I.M.F. According to I.M.F’s Fund spokesman Gerry Rice, Greece has too much debt to return and it can get finance from the I.M.F only if it repays the loan.

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71% literacy rate in rural India.

Literacy rate in rural India was pegged at 71% in 2014, compared to 86% in urban areas, while among the age group of seven years and above, male literacy rate was found higher than the female literacy rate, according to N.S.S.O survey. Among the age group of seven year and above, the male literacy rate was registered at 83% vis-à-vis the female literacy rate of 67%.

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First fully indigenous bullet train made by China.

China has become successful in making first fully indigenous bullet train. It has begun testing the first bullet train completely made from locally produced parts. This move of  China is being considered as a major step in eliminating dependence on import of bullet train from Germany, Canada and Japan. Till now most of the parts of bullet train made by China were imported from abroad.

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Balvendra Kumar- New Secretary for Ministry of Mines.

Balvendra Kumar I.A.S (U.P. 1981) took over as Secretary Ministry of Mines in New Delhi. Before joining the Ministry of Mines, Balvendra Kumar was holding the charge of Vice-Chairman, Delhi Development Authority under the Ministry of Urban Development. He took over the charge from Dr. Anup K. Pujari.

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U.P. Singh appointed as new joint secretary inoil ministry.

The government appointed U.P. Singh, a Joint Secretary in Oil Ministry,as the interim chairman of the state-run Oil India Ltd, after appointment of a regular head was delayed because of questions being raised on the shortlisted candidate U.P. Singh, Joint Secretary(Exploration). Ministry of Petroleum and Natural Gas assumed the additional charge of Chairman and Managing Director in place of S.K. Shrivastav who superannuated.

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Sanjeev Galade selected for G.D. Birla Award.

Noted scientist Sanjeev Galande has been selected for  the prestigious G.D. Birla award for 2014 for his pioneering research in the field of epigenetics and molecular biology. Galande is a professor at at the Indian Institute of Education and research (I.I.S.E.R.) in Pune and is widely respected for his works in genomics and related areas. He is the 24th recipient of the award.

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NASA's New Horizons spacecraft has discovered Pluto's 'heart'

NASA's New Horizons spacecraft has discovered a vast, crater less plain in Pluto's 'heart' that appears to be no more than 100 million years old, and is possibly still being shaped by geologic processes.This frozen region is north of Pluto's icy mountains, in the center -left of the heart feature informally named Tombaugh Region.

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