Daily GK Update : 13 March 2015

1. India summons Pakistani envoy over release order of Lakhvi

The external affairs ministry summoned Pakistani high commissioner Abdul Basit to lodge a protest.

2. ITC to hike cigarette prices by up to 15%

ITC will soon increase prices of cigarette brands following the hike in excise duty on cigarettes in the Budget 2015-16. 

3. India telecom spectrum auction bids cross one trillion rupees

The  revenue from auction would help the government meet its fiscal deficit target of 4.1% of the GDP in the fiscal year ending on 31 March.

4. Sensex tanks 427 pts, sees biggest weekly loss in 201
The falls marked a sharp retreat from earlier gains of nearly 1 per cent.

5. New Zealand beat Bangladesh, remain unbeaten in World Cup
Batting first  Bangladesh put up a challenging 288/7 which was chased down by New Zealand with opener Martin Guptill (105) scoring a century.