Current Affairs For Bank, IBPS Exams

• Iyer, who was among the team that launched the first mall in India- Crossroads in central Mumbai – in late nineties, takes over from interim CEO Ramnik Naresy.
• Naresy has been re-appointed as senior vice-president, Walmart International.
• Wal-Mart has roped in Krish Iyer , a veteran retailer with experience of setting up new ventures, for heading its India operations.  
• Wimbledon champion Andy Murray has been voted the BBC’s 60th Sports Personality of the Year, winning the accolade after becoming the first British man to lift the trophy at the All England Club in 77 years.
  The 26-year-old Scot ended one of the longest droughts in British sport by beating Novak Djokovic in straight sets in July.
• Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate.
• Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month.
• The overall inflation in the food segment comprising wheat, pulses, vegetables, milk, among others, was at 19.93 per cent, up from 18.19 per cent in October.
• The rise in WPI comes after the retail or consumer price inflation jumped to 11.24 per cent.
• Potato prices shot up by 26.71 per cent in November, as compared to a contraction in the previous month.
• The onions too were costly, but the price rise was low as compared to October. Onion inflation was at 190.34 per cent in November.
• The data further revealed that protein rich items like egg, meat and fish were costlier by 15.19 per cent while milk was dearer by 6.25 per cent in November.
• The WPI inflation for November 2013 is the highest since September 2012 when it was 8.1 per cent.