Source:-This post has been created based on the article “India imports bull semen from Brazil to raise milk production” published in “Livemint” on 21 January 2024. Why in the news? India has imported 40,000 doses of bull semen from Brazil for the first time to boost milk output via artificial insemination. About Gir cow Aspect… Continue reading Gir and Kankrej cows
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.
Zero-duty unrefined gold imports
Source: This post is based on the article “Zero-duty unrefined gold imports take the shine off local players” published in “Business Standard” on 22nd January 2024. Why in the news? The government has asked bullion refineries to not import gold under zero duty from LDC (Least Developing Countries). What is unrefined gold and what are… Continue reading Zero-duty unrefined gold imports
Quality Control Order (QCO): 220 Goods to Get Quality Norms
Source-This post is based on the article “220 goods to get quality norms” published in “Live Mint” on 19th January 2024. Why in The News? Quality Control Order (QCO) norms mandate adherence for around 220 products, encompassing both domestically manufactured and imported items, by May 2027. The majority, 218 products, are expected to meet the… Continue reading Quality Control Order (QCO): 220 Goods to Get Quality Norms
What is Total Expense Ratio in 2024 | A Brief Summery
Source: This post is based on the article ‘’ TER proposals hang fire’’ published in ‘’The Hindu’’ on 19 January 2024. Why In The News The market regulator SEBI had announced to tweak total expense ratio. What is Total Expense Ratio The total expense ratio (TER) is a measure of the total costs associated with… Continue reading What is Total Expense Ratio in 2024 | A Brief Summery
States Startup Ranking in 2024
Source: This post is based on the article’ Karnataka among best performing states in developing startup ecosystem: DPIIT ranking’ published in’ Deccan Herald’ on 16th January 2024. Why in the news? The states’ startup ranking for 2022 was released by Commerce and Industry Minister Piyush Goyal recently. About the ranking Released by-It is released every… Continue reading States Startup Ranking in 2024
Ministry of Agriculture & Farmers Welfare Employs Advanced AI Technologies Supporting farmers
Source-This post is based on the article “Ministry of Agriculture & Farmers Welfare is leveraging cutting-edge Artificial Intelligence (AI) technologies for the benefit of farmers and to increase overall productivity” published in “PIB” on 17th January 2024. Why in The News? AI technologies supporting farmers, Recently a MoU was signed between the National Farmers’ Welfare… Continue reading Ministry of Agriculture & Farmers Welfare Employs Advanced AI Technologies Supporting farmers
Yen Denominated Green Bonds Successfully issued By REC
Source: This article is based on the article“REC Limited issues inaugural Yen Denominated Green Bonds aggregating to 61.1 Billion Japanese Yen” published in “PIB” on 16th January 2024. Why in news? Recently, State-owned REC Ltd has successfully issued its inaugural green bonds worth JPY 61.1 billion, under its US$ 10 billion global medium-term notes programme.… Continue reading Yen Denominated Green Bonds Successfully issued By REC
Kachchhi Kharek of Gujarat got GI tag
Source: This post is based on the article ” Kachchhi Kharek, indigenous dates of Kutch, become Gujarat’s 2nd fruit to get GI tag” published in “The Indian Express” on 13th January 2024. Why in News? Recently, Kachchhi Kharek, the indigenous variety of dates of Kutch, has become the second fruit of Gujarat to get a… Continue reading Kachchhi Kharek of Gujarat got GI tag
India-Argentina Agreement on Lithium Mines
Source: This post is based on the article “India Signs Agreement for Lithium Exploration & Mining Project in Argentina” published in “PIB” on 15 January 2024. Why in news? Recently, India signed an agreement to acquire five lithium brine blocks for exploration and development in Argentina. What is this agreement? 1) Agreement Signed Between –… Continue reading India-Argentina Agreement on Lithium Mines
Lentil Production at an all-time high
Source-This post is based on the article “India’s lentil production set to touch all-time high: Govt” published in “The Indian Express” on 13th January 2024. Why in the News? India is anticipated to lead global lentil (masoor) production in 2023-24, due to increased cultivation. Why is this significant for India? 1) Since reaching its highest… Continue reading Lentil Production at an all-time high
