According to a report published by the Stockholm International Peace Research Institute(SIPRI),India is the world’s second largest importer of major arms in 2014–18 and accounted for 9.5% of the global imports.Saudi Arabia stands first followed by India,Egypt,Australia and Algeria. Russia is biggest supplier to India followed by US and Israel.Russia accounted for 58% of Indian… Continue reading India is world’s second largest arms importer
Category: Daily Factly articles
GST: jewellery set to turn cheaper
The Central Board of Indirect Taxes and Customs (CBIC) has said that the Tax Collected at Source(TCS) amount would be excluded from the value of goods while computing the Goods and Services Tax (GST) liability.It is expected to provide relief to the buyers of cars and jewellery, Tax Collected at Source (TCS) is an income… Continue reading GST: jewellery set to turn cheaper
India asks Saudi to invest in strategic oil storage
India has been seeking investment from Saudi Arabia to build strategic crude oil reserves.It will act as a buffer against volatility in oil prices and supply disruptions. Strategic crude oil reserves,which are state-funded and meant to tackle emergency situations,allow a country to counter short-term supply disruptions. The construction and maintenance of strategic petroleum reserves (SPR)… Continue reading India asks Saudi to invest in strategic oil storage
May’s Brexit deal faces another defeat
British Prime Minister is set to face another Brexit deal defeat after two major eurosceptic factions in UK parliament have said that they would vote against her deal.It was because she had failed to get any concessions from the European Union(EU).A Eurosceptic is someone who is opposed to closer links between Britain and the European… Continue reading May’s Brexit deal faces another defeat
The mysterious disappearance of tigress F03
The Assam Forest Department has been unable to trap a Royal Bengal Tigress, named as F03. The tigress had strayed out the Orang National Park more than a year ago. The Orang National Park is also known as Rajiv Gandhi Orang National Park. It is located on the north bank of the Brahmaputra River in… Continue reading The mysterious disappearance of tigress F03
Cloud seeding to be back in Karnataka for two monsoons
The Rural Development and Panchayat Raj Department of Karnataka has called tenders for cloud seeding operations to enhance rainfall during the monsoons of 2019 and 2020. This decision for cloud seeding comes in the backdrop of deficient rainfall in 2018-19 and consequent drought in 176 taluks of Karnataka. Cloud seeding is a type of weather… Continue reading Cloud seeding to be back in Karnataka for two monsoons
In Assam’s tea state, an uphill battle against a killer brew
Recently, 168 people died in Golaghat and Jorhat districts of Assam after consuming illicit alcohol. Illicit alcohol is produced under unregulated circumstances and is often adulterated with chemicals like methanol, organo-phosphorus compounds and ethanol to save costs. The deaths in Assam had been due to alcohol poising from “Sulai”. Sulai is a form of liquor… Continue reading In Assam’s tea state, an uphill battle against a killer brew
North Koreans vote for Parliament with ‘single-minded unity’
Elections for the Supreme People’s Assembly has been recently held in North Korea. The Supreme People’s Assembly (SPA) is a rubber-stamp body with no power. It is the only legislative body in North Korea. The election for SPA is held every five years. The Parliament has three factions. The Workers’ Party, led by Kim Jong-un… Continue reading North Koreans vote for Parliament with ‘single-minded unity’
India puts off Pak visit for Indus basin inspection
A visit by the Indian team to Pakistan for inspection of projects in the Indus River Basin has been postponed. The visit was scheduled in March 2019. The Pakistani team had visited India in January 2019 At 115th meeting of the Permanent Indus Commission held in 2018, commissioners of both India and Pakistan had agreed… Continue reading India puts off Pak visit for Indus basin inspection
Sukhois hobbled by lack of blast pens near LoC
According to a report,Sukhois(Su-30) couldn’t be stationed in forward areas near Line of Control(LOC) during Aerial Combat between India and Pakistan.It was because of bureaucratic delay in constructing ‘hard shelter’s also known as ‘blast pens’. Blast pens are shelter to house fighter-type aircraft and provide protection to the aircraft from attack by conventional weapons or… Continue reading Sukhois hobbled by lack of blast pens near LoC
