Source: The post is based on the article “Five new varieties to expand India’s Basmati platter” published in The Hindu on 25th October 2022 What is the News? Five new varieties of seeds of Basmati rice were developed by a group of scientists led by the Indian Agriculture Research Institute(IARI) Director. These varieties are all set… Continue reading Five new varieties to expand India’s Basmati platter
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.
‘India’s exports to China growing faster than inbound shipments’
Source: The post is based on the article “India’s exports to China growing faster than inbound shipments” published in The Hindu on 26th October 2022 What is the News? India’s trade equation with China has been improving in recent years with outbound shipments rising faster than imports. India’s Trade with China China is one of… Continue reading ‘India’s exports to China growing faster than inbound shipments’
PM launches Rozgar Mela – recruitment drive for 10 lakh personnel
Source: The post is based on the article “PM launches Rozgar Mela – recruitment drive for 10 lakh personnel” published in PIB on 26th October 2022 What is the News? The Prime Minister has launched the Rozgar Mela. What is Rozgar Mela? Rozgar Mela is a recruitment drive to hire 10 lakh personnel. Under this… Continue reading PM launches Rozgar Mela – recruitment drive for 10 lakh personnel
Reserve Bank flags bigtech risks to financial stability
Source: The post is based on the article “Reserve Bank flags bigtech risks to financial stability” published in Economic Times on 19th October 2022. What is the News? According to a report by the Reserve Bank of India(RBI), large non-financial technology firms referred to as “Big Techs” pose challenges to financial stability owing to their… Continue reading Reserve Bank flags bigtech risks to financial stability
Matihani-Sambho bridge: Bihar project gets go-ahead: NHAI alters rules, govt plans bridge over Ganga
Source: The post is based on the article “Bihar project gets go-ahead: NHAI alters rules, govt plans bridge over Ganga” published in Indian Express on 19th October 2022. What is the News? The Government of India has cleared a crucial bridge project on the River Ganga in Begusarai. About the Matihani-Sambho bridge The bridge is… Continue reading Matihani-Sambho bridge: Bihar project gets go-ahead: NHAI alters rules, govt plans bridge over Ganga
India’s coal mines are severely under-utilized amid push for new ones: Report
Source: The post is based on the article “India’s coal mines are severely under-utilized amid push for new ones: Report″ published in The Hindu on 17th October 2022. What is the News? According to an analysis by Global Energy Monitor(GEM), India is developing 99 new coal mines despite the Government of India’s International pledge to… Continue reading India’s coal mines are severely under-utilized amid push for new ones: Report
PM dedicates 75 Digital Banking Units across 75 districts to the nation
Source: The post is based on the article “PM dedicates 75 Digital Banking Units across 75 districts to the nation” published in PIB on 16th October 2022. What is the News? The Prime Minister has dedicated 75 Digital Banking Units(DBU) across 75 districts to the nation. Note: As part of the Union budget speech for… Continue reading PM dedicates 75 Digital Banking Units across 75 districts to the nation
What are Rythu Bharosa Kendras that are being visited by an Ethiopian delegation?
Source: The post is based on the article “What are Rythu Bharosa Kendras that are being visited by an Ethiopian delegation?” published in the Indian Express on 14th October 2022. What is the News? An Ethiopian delegation led by the country’s Agricultural Minister is in Andhra Pradesh (AP) to study the first-of-its kind Rythu Bharosa Kendras (RBKs). What… Continue reading What are Rythu Bharosa Kendras that are being visited by an Ethiopian delegation?
What is the “doom loop” in the euro zone?
Source: The post is based on the article “What is the “doom loop” in the euro zone?” published in The Economist on 11th October 2022. What is the News? Recently, the European Central Bank (ECB) called an emergency meeting for a doom loop. Many economists have warned that Europe may be headed for a doom loop What is… Continue reading What is the “doom loop” in the euro zone?
To set uniform safety standards, testing of electric vehicles to begin from April 1
Source: The post is based on the article “To set uniform safety standards, testing of electric vehicles to begin from April 1” published in the Indian Express on 9th October 2022. What is the News? For the first time, India is set to begin testing of EVs (electric vehicles) from April 1 next year. What is… Continue reading To set uniform safety standards, testing of electric vehicles to begin from April 1
