News: The RBI has tightened rules for foreign banks, removing exemptions and imposing stricter intragroup exposure limits to align with the Large Exposure Framework (LEF) for Indian branches. The revised framework comes into effect from April 1, 2026, though banks can adopt the changes earlier. About RBI’s Large Exposures Framework (LEF) The LEF is designed… Continue reading RBI’s Large Exposures Framework (LEF)
Category: Daily Factly articles
Operation Trident
News: Recently, the Indian Navy celebrates Navy Day to commemorate the Indian Navy’s attack on Karachi Harbor during Operation Trident in the 1971 Indo-Pak War. About Operation Trident Operation Trident was a naval operation launched by the Indian Navy during the Bangladesh Liberation War of 1971. The operation was launched on December 4, 1971, as… Continue reading Operation Trident
Small Modular Reactors (SMRs)
News: Russian nuclear company Rosatom is set to promote its small modular reactors (SMRs) for specific applications in India, while also positioning its new-generation nuclear projects as the foundation of bilateral energy cooperation. About Small Modular Reactors (SMRs) Small Modular Reactors (SMRs) are advanced nuclear reactors with a smaller power capacity (up to 300 MW(e)… Continue reading Small Modular Reactors (SMRs)
Sakhir Declaration
News: The 46th GCC Summit in Manama concluded with the adoption of the Sakhir Declaration, reaffirming the commitment to deeper political, security, and economic integration. About Sakhir Declaration The Sakhir Declaration of the 46th Session of the Supreme Council of the Gulf Cooperation Council (GCC), held in Manama, Bahrain. It outlines several key principles and… Continue reading Sakhir Declaration
Indian Statistical Institute (ISI)
News: More than 1,500 academics are protesting the draft ISI Bill, 2025, which seeks to repeal the Indian Statistical Institute Act, 1959. About Indian Statistical Institute (ISI) The Indian Statistical Institute is a national institution for statistics and related fields. Founded by: It was founded by Professor Prasanta Chandra Mahalanobis in 1931. Established as: It… Continue reading Indian Statistical Institute (ISI)
Reciprocal Exchange of Logistics Agreement (RELOS)
News: Russia has ratified the RELOS military pact with India ahead of President Putin’s New Delhi visit. About Reciprocal Exchange of Logistics Agreement (RELOS) RELOS is an India–Russia arrangement to share logistics and support at each other’s military facilities for troops, warships and aircraft during missions away from home bases. Scope of the Agreement Military… Continue reading Reciprocal Exchange of Logistics Agreement (RELOS)
Exercise Garuda
News: The 8th edition of bilateral Indo–French air exercise Garuda 25 concluded at Air Base 118, Mont-de-Marsan, France. About Exercise Garuda Exercise Garuda is an air exercise between the Indian Air Force and the French Air and Space Force to promote interoperability and mutual learning. Origin: The exercise was first held in 2003. Frequency: It… Continue reading Exercise Garuda
World Summit on Disaster Management (WSDM) 2025
News- The World Summit on Disaster Management 2025 in Dehradun announced stronger weather forecasting capacity for disaster-prone Uttarakhand. About World Summit on Disaster Management (WSDM) 2025 WSDM 2025 is a global platform on disaster resilience that brings together scientists, policymakers, practitioners, and industry leaders to discuss strategies for disaster risk reduction in a changing climate.… Continue reading World Summit on Disaster Management (WSDM) 2025
High-Speed Test of Indigenous Fighter Escape System
News- The Defence Research and Development Organisation (DRDO) has successfully conducted a high-speed rocket-sled test of a fighter aircraft escape system at controlled velocity. About the Test The test was conducted to validate canopy severance, ejection sequencing, and complete aircrew recovery. It marks a major achievement in India’s indigenous defence capability and places India among… Continue reading High-Speed Test of Indigenous Fighter Escape System
New Geographical Indication (GI) Products
News: Recently, five products from Tamil Nadu have been granted the Geographical Indications (GI) tag. About New Geographical Indication (GI) Products About Woraiyur Cotton Sari The Woraiyur cotton saris is native to Tiruchi district, Tamil Nadu. They are woven in Manamedu on the banks of the Cauvery. The saree is traditionally woven using a ‘korvai… Continue reading New Geographical Indication (GI) Products
