Source: The post is based on the article “Civil Aviation Ministry notifies draft Aircraft Security Rules, 2022” published in The Hindu on 24th November. What is the News? The Ministry of Civil Aviation has notified the Draft Aircraft Security Rules, 2022. What is the purpose of Draft Aircraft Security Rules, 2022? The Draft Aircraft Security… Continue reading Civil Aviation Ministry notifies draft Aircraft Security Rules, 2022
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.
What India gains from FTA with Australia
Source: The post is based on the article “What India gains from FTA with Australia” published in Livemint on 24th November. What is the News? After 10 years of negotiations, India and Australia have finally agreed on an interim free trade deal called India-Australia Economic Cooperation and Trade Agreement(ECTA). How will Indian firms benefit from… Continue reading What India gains from FTA with Australia
States’ fiscal deficit jumped by 78% after lockdown: RBI
Source: The post is based on the article “States’ fiscal deficit jumped by 78% after lockdown: RBI” published in Livemint on 20th November 2022 What is the News? Reserve Bank of India has released the seventh edition of its statistical publication titled “Handbook of Statistics on Indian States 2021-22”. What are the key highlights from… Continue reading States’ fiscal deficit jumped by 78% after lockdown: RBI
Union Minister launches India’s first Centre of Excellence for Green Port & Shipping
Source: The post is based on the article “Union Minister launches India’s first Centre of Excellence for Green Port & Shipping” published in PIB on 20th November 2022. What is the News? The Union Minister of Ports, Shipping & Waterways has announced India’s first National Centre of Excellence for Green Port & Shipping(NCoEGPS). What is… Continue reading Union Minister launches India’s first Centre of Excellence for Green Port & Shipping
Committee to monitor bulk drug parks
Source: The post is based on the article “Committee to monitor bulk drug parks” published in the Livemint on 17th November. What is the News? The department of pharmaceuticals has set up a high-level committee to monitor the progress of bulk drug parks that are being set up in three states. The parks in Andhra Pradesh,… Continue reading Committee to monitor bulk drug parks
TRAI to roll out caller ID system to rival Truecaller in 3 weeks
Source: The post is based on the article “TRAI to roll out caller ID system to rival Truecaller in 3 weeks” published in Livemint on 17th November 2022 What is the News? Telecom Regulatory Authority of India(TRAI) is set to roll out its mobile phone caller identity system — verified by KYC (know your customer… Continue reading TRAI to roll out caller ID system to rival Truecaller in 3 weeks
SEBI puts in place registration, regulatory framework for online bond platform providers
Source: The post is based on the article “SEBI puts in place registration, regulatory framework for online bond platform providers” published in Livemint on 16th November 2022 What is the News? The Securities and Exchange Board of India (SEBI) has come out with a detailed regulatory framework for online bond platform providers in a bid to… Continue reading SEBI puts in place registration, regulatory framework for online bond platform providers
Nine Russian banks open Vostro accounts for rupee trade
Source: The post is based on the article “Nine Russian banks open Vostro accounts for rupee trade” published in The Hindu on 16th November 2022 What is the News? Nine Russian banks have been permitted to open special Vostro accounts to pave the way for export-import transactions. What is a Vostro account? A Vostro account… Continue reading Nine Russian banks open Vostro accounts for rupee trade
Financing India’s infrastructure: India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report
Source: The post is based on the article “India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report” published in The Hindu on 15th November 2022. What is the News? Recently, the World Bank released a report titled “Financing India’s Infrastructure Needs: Constraints to Commercial Financing and Prospects for… Continue reading Financing India’s infrastructure: India has to invest $55 billion p.a. in urban infra to meet needs of growing population: World Bank report
General Network Access: Regulatory loopholes may end up favouring bigger players: Experts
Source: The post is based on the article “Regulatory loopholes may end up favouring bigger players: Experts” published in The Hindu on 14th November 2022. What is the News? Recently, the Central Electricity Regulatory Commission(CERC) released a draft proposal to facilitate a regulatory framework for General Network Access(GNA). Alongside, CERC has also released new connectivity… Continue reading General Network Access: Regulatory loopholes may end up favouring bigger players: Experts
