1. Government has approved increase in FRP for sugarcane by 10 rupees per quintal for 2014-15 to 220 rupees per quintal from 210 rupees per quintal.
2. Tea Production of India rose by 6.5 percent in 2013: Indian Tea Association
3. Economic growth for 2012-13 lowered to 4.5 percent from 5 percent estimated earlier
4. Federal Aviation Administration of the US downgraded the safety ratings of Indian aviation on 31 January 2014 from top to the second category.
5. Union Cabinet approved the second phase of Bangalore Metro Rail Project (Namma Metro) to improve public transport system in the city.
6. CCI has ordered a fresh probe into state-run miner Coal India and its subsidiary for alleged abuse of dominant market position in fuel supplies.
7. Internet user base in India projected to reach 243 million by June 2014: IAMAI
8. Agriculture Ministry has issued detailed guidelines and strategy for implementation of National Mission on Oilseeds and Oil Palm.
9. India overtook Japan to become the third largest crude oil importer in the World.
10. US Chamber of Commerce released the International Intellectual Property (IP) Index
11. India Inclusive Innovation Fund (IIIF) launched by National Innovation Council and the Ministry of Micro, Small and Medium Enterprises
12. EGoM has approved a SUC of 5 percent of the annual gross revenue on all new airwaves that will be acquired in auction.
13. RBI raised the Repo rate under LAF by 25 basis points from 7.75% to 8% and kept the CRR of scheduled banks unchanged at 4% of NDTL.
14. The Reserve Bank of India (RBI) issued guidelines for loans restructured by non-banking finance companies (NBFCs) on 23 January 2014.
15. Finance Ministry approved a proposal to provide minimum monthly pension of 1000 rupees to workers of organised sector under (EPS-95).
16. The Reserve Bank of India (RBI) has decided to withdraw all currency notes issued prior to 2005 from circulation on 21 January 2014.
17. SEBI has asked depositories to formulate information technology panels at board level with a view to strengthen IT governance framework of systems.
18. Ratings and Research firm CRISIL released its Indian Economic Forecast for 2014-15 on 21 January 2014.
19. World Economic Outlook projected India’s Economic Growth at 4.5 percent for 2013-14.
20. CCEA approved sale of the Government’s residual stakes of Hindustan Zinc worth 16500 crore rupees. Government holds 29.5% stakes of the company.
21. RBI panel suggested that a new consumer price index should be adopted. It has set an inflation target at 4 percent, with a band of (+/-) 2 percent.
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