Source- This post on the Equity Mutual Funds has been created based on the article “Equity Mutual Funds” published in “Economic Times” on 11 July 2024. Why in the news? The Association of Mutual Funds in India (Amfi) recently reported that inflows into India’s equity mutual funds reached a record high of Rs 40,608 crore… Continue reading Equity Mutual Funds
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
ONGC’s Plan to Achieve Net Zero Emissions by 2038
Source- This post on the ONGC’s Plan to Achieve Net Zero Emissions by 2038 has been created based on the article “ONGC unveils Rs 2 trillion decarbonisation road map for net-zero 2038” published in “Business Standard” on 10 July 2024. Why in the news? State-owned Oil and Natural Gas Corporation (ONGC) will invest around Rs… Continue reading ONGC’s Plan to Achieve Net Zero Emissions by 2038
Vizhinjam International Port
Source- This post on the Vizhinjam International Port has been created based on the article “Adani Vizhinjam Port to receive first mothership on July 12” published in “Economic Times” on 9 July 2024. Why in the news? The Adani Group’s Vizhinjam Port is now ready to receive its first mothership. About Vizhinjam International Port 1. Location:… Continue reading Vizhinjam International Port
Digital Bharat Nidhi
Source- This post on the Digital Bharat Nidhi has been created based on the article “What is Digital Bharat Nidhi, govt’s fresh attempt at improving rural telecom connectivity?” published in “The Hindu” on 6 July 2024. Why in the news? The Department of Telecommunications (DoT) released draft rules for the Digital Bharat Nidhi (DBN) on… Continue reading Digital Bharat Nidhi
SEHER Program
Source- This post on the SEHER Program has been created based on the article “Women Entrepreneurship Platform and TransUnion CIBIL Partner to Launch SEHER Program to Empower Women Entrepreneurs” published in “PIB” on 6 July 2024. Why in the news? Recently, the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched the SEHER program. About… Continue reading SEHER Program
Money Mule
Source-This post on Money Mule has been created based on the article “Banks scanning proprietor A/Cs to spot ‘money mules” published in “Economic Times” on 5 July 2024. Why in the news? Recently, many major banks have stopped or slowed down the process of opening sole proprietorship and individual current accounts for firms that are less… Continue reading Money Mule
First Report on Transition Finance
Source-This post on “First Report on Transition Finance” has been created based on the article “Expert Committee on Climate Finance submits First Report on Transition Finance to IFSCA” published in “PIB” on 2 July 2024. Why in the news? The Expert Committee on Climate Finance has submitted its first report on Transition Finance. Transition finance… Continue reading First Report on Transition Finance
Project Nexus of RBI
Source-This post on Project Nexus of RBI has been created based on the article “What is Project Nexus that RBI has signed up for?” published in “The Indian Express” on 2 July 2024. Why in the news? Recently, the Reserve Bank of India (RBI) has joined Project Nexus. It is to expand the international reach… Continue reading Project Nexus of RBI
SEBI tightens norms on financial influencers
Source- This post on “SEBI tightens norms on financial influencers” is based on the article “SEBI tightens norms on financial influencers, eases rules for delisting” published in “The Hindu” on 28th June 2024. Why in News? SEBI which is India’s markets regulator has asked the brokers and mutual funds to stop using the services of… Continue reading SEBI tightens norms on financial influencers
Impact of prolonged exposure to pollutants from coal mining
Source– This post on the Impact of prolonged exposure to pollutants from coal mining has been created based on the article “Prolonged exposure to coal mining causes respiratory, skin diseases in workers: study” published in “The Hindu” on 27 June 2024. Why in the news? A survey of 1,200 households conducted by the National Foundation for… Continue reading Impact of prolonged exposure to pollutants from coal mining