Terms of the day

• IPO  :INITIAL  PUBLIC OFFER
• MoU  : MEMORANDA OF UNDERSTANDING
• WPI : WHOLESALE PRICE INDEX
• EFSF : EUROPEAN FINANCIAL STABILITY FUND
• MSF : MARGINAL STANDING FACILITY
• CRR :  CASH RESERVE RATIO
•  SLR :  STATUTORY LIQUIDITY RATIO
• LAF :  LIQUIDITY ADJUSTMENT FACILITY

Grammy And Bafta Awards

GRAMMY(originally called Gramophone Award)

ALBUM OF THE YEAR  : ADELE   ( Album: 21)

RECORD OF THE YEAR :  ADELE (Song: ROLLING IN THE DEEP)

SONG OF THE YEAR : ADELE (Song: ROLLING IN THE DEEP Producer: PAUL  EPWORTH)

BEST POP SOLO PERFOMENCE  :  ADELE (Song: SOME ONE LIKE YOU)

BEST POP VOCAL ALBUM  :  21(ADELE )

COUNTRY ALBUM  :  LADY ANTEBELLUM  ( OWN THE NIGHT)

RAP ALBUM :  KANYE WEST  (MY BEAUTI FUL DARK TWISTED FANTASY)

NEW ARTIST :  BON IVER

ROCK ALBUM  :  FOO FIGHTERS  ( WASTING LIGHT)

R&B ALBUM  :  CHRIS BROWN  (F.A.M.E)

ROCK SONG  :  FOO  FIGHTERS  (OWALK)

BAFTA  AWAWRDS(British Academy of Film and Television Arts )

BEST FILM:  THE ARTIST

BEST DIRECTOR : MICHEL HAZANAVICIUS, THE ARTIST

BEST BRITISH FILM:  TINKER TAILOR SOLDIER SPY

BEST ACTOR:  JEAN  DUJARDIN, THE ARTIST

BEST ACTRESS:  MERYL STREEP, THE IRON LADY

BEST SUPPORTING ACTOR:  CHRISTOPHER PLUMMER, BEGINNERS

BEST SUPPORTING ACTRESS:  OCTAVIA SPENCER, THE HELP

BEST FOREIGN LANGUAGE FILM:  THE SKIN I LIVE IN (SPAIN)

SPECIAL EFFECT:  HARRY POTTER, THE DEATHLY HALLOWS –PART 2

ANIMATED FEATURE FILM:  RANGO 

Pop queen Whitney Houston found dead

Pop queen Whitney Houston found dead in a Beverly Hills Hotel room on the eve of the Grammy Awards.

Grammy awards (for contribution in the field of music) ceremony took place at Los Angeles where Adele won six awards including album of the year and best record with Rolling In the Deep.