TESTFunda Weekly Newsletter 6th June

	06-Jun-13 TestFunda Home | Sign up for Newsletters | Feedback IN THE SPOTLIGHT • Weekly Dose of GK and Current Affairs from May 30th to June 5th This section will keep you abreast of all the important news and latest happenings around the world without looking at different sources across the internet • Learn By Fun Contest : Round 3 and bumper reward results announced View the results of round 3 and and the one who will receive the bumper reward • Online Chat: CAT Prep for Quant, DI and LR with expert Gaurav Bakliwal Finding quant too tough to crack? Not sure how to go about it? Get all your queries answered in this chat with expert Gaurav Bakliwal • DTE notification for CAP rounds in Maharashtra MBA colleges out The Directorate of Technical Education (DTE) has released a notification inviting applications for CAP rounds for admission to various MBA programs in the state of Maharashtra. • CMAT May 2013 Results Declared The results of CMAT May 2013 have been released by the AICTE. View your results and the merit list • CMAT Admission Information Brochure released The Directorate of Technical Education has released the brochure consisting of information about the admission process for MBA/MMS/PGDBM/PGDM in management colleges across Maharashtra for the academic year 2013-14. • TESTfunda is Hiring - Full time Content Editor / Sr. Editor Positions Open Testfunda.com is looking to recruit talented graduates and post-graduates in its content team to design and develop courseware for national level aptitude exams. • Poll of the week: In the wake of increasing accidents, should listening to music on earphones while crossing the road be made into a punishable offence? Cast your vote and let us know your views about the same WHAT'S NEW @ TESTFunda!! Engineers' month back on popular demand Upto 50% waiver on all courseware in all formats! Know more about it & Purchase here   THE WORLD THIS WEEK • India's economic growth falls to 5 percent, India surpasses Japan as the world's 3rd largest economy India's economic growth for the 2012-13 fiscal fell to a decade low of 5 percent as compared to 6.2 percent growth in the 2011-12 fiscal. However, the Organisation for Economic Cooperation and Development has said that India has recently probably surpassed Japan as the world's third largest economy after the US and China. Meanwhile, Japan continued to be in a state of deflation as its consumer prices fell 0.4% in April, the sixth straight month of decline. • Government likely to curb gold imports to bring down Current Account Deficit The government is likely to take steps to curb gold imports after a remarkable rise in gold imports in May caused the Current Account Deficit (CAD) to increase and steps taken by the RBI and government to bring down the CAD failed to yield results. • FDI inflows dip by 38% to $22.4 billion in 2012-13 Despite government initiatives to promote India as a top FDI destination, FDI inflows registered a 38 percent decline to $22.42 billion in 2012-13 as compared to $35.12 billion in 2011-12. Decline in foreign contribution could put pressure on the country's balance of payments and may also impact the value of the rupee. • Top five Indian IT companies exceed global IT services industry growth The top five India-based IT services companies, TCS, Cognizant, Infosys, Wipro and HCL Technologies, grew by 13.3% to reach a combined revenue of $34.3 billion in 2012, exceeding the global IT services industry growth of 2%. • Violent anti-government protests break out in Turkey Major protests broke out all over Turkey and thousands of protesters took to the streets against Prime Minister Recep Tayyip Erdogan calling upon his government to resign. Mr. Erdogan called the protests an extremist 'fringe' manipulated by the opposition. • Narayana Murthy returns as Infosys executive chairman N R Narayana Murthy has been appointed as the executive chairman of Infosys with effect from June 1. His son Rohan Murthy will assist him as executive assistant. Murthy had retired in 2011 and his reappointment is meant to provide strategic direction to the struggling company, which has a revenue growth far below that of peers TCS, Cognizant and HCL. • Samsung to use Intel Corp Processor for one of its top-tier android tablets Samsung Electronics has chosen an Intel Corporation processor Clover Trail+ mobile chip for at least one version of its Galaxy Tab 3 10.1. The deal comes as a major success for Intel which has long been trying to establish its footprint in the mobile market. Read the articles here TestFunda.com - LEARN with THE LEADER in Online MBA Test Prep Demo Lessons   |   Take a Demo Test   |   Buy Courses   |   Fun Learning Games   |   100-Percentilers About TestFunda.com - TestFunda is backed by www.ZeusLearning.com. 3 IIT-IIM graduates form the Management Team. - The 85+ member team has vast experience in MBA Coaching and Computer-Based Training and Testing. - For 12 years Zeus has created award-winning courseware for companies like Discovery Channel, Reader's Digest, Texas Instruments, Pearson Education. - The TestFunda Advisory Board comprises CEOs and MDs of international educational companies. About This Newsletter You received this email because you have registered with www.TestFunda.com. If you do not want to receive this email or want to sign up for other newsletters from TestFunda  click here. Problems getting this mail? 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