Source: The post is based on the article “India refiners start yuan payments for Russian oil imports, say sources” published in The Hindu on 4th July 2023 What is the News? Indian refiners have begun paying for some oil imports from Russia in Chinese yuan. India as the largest buyer of seaborne Russian oil India… Continue reading India refiners start yuan payments for Russian oil imports, say sources
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.
Rules of origin delay FTA tariff discussions with EU
Source: The post is based on the article “Rules of origin delay FTA tariff discussions with EU” published in Business Standard on 3rd July 2023 What is the News? India and the European Union (EU) have not been able to make major progress in the tariff negotiations under the ongoing free trade agreement (FTA) discussions… Continue reading Rules of origin delay FTA tariff discussions with EU
Government revises the Crop Residue Management guidelines
Source: The post is based on the article “Government revises the Crop Residue Management guidelines” published in PIB on 2nd July 2023 Contents1 What is the News?2 What are Crop Residues?3 Adverse effects of crop residue burning: 4 What are the revised crop residue management guidelines the government has released? What is the News? The Government… Continue reading Government revises the Crop Residue Management guidelines
DPIIT successfully organizes National Workshop on Industrial Park Rating System
Source: The post is based on the article “DPIIT successfully organizes National Workshop on Industrial Park Rating System” published in PIB on 3rd July 2023 What is the News? The Department for Promotion of Industry and Internal Trade(DPIIT) has successfully organized the National Workshop on Industrial Park Rating System (IPRS). What is the Industrial Park… Continue reading DPIIT successfully organizes National Workshop on Industrial Park Rating System
Mahila Samman Savings Certificate, 2023
Source: The post is based on the article “Public Sector Banks and eligible Private Sector Banks authorized to implement and operationalise Mahila Samman Savings Certificate, 2023” published in PIB on 1st July 2023 What is the News? The Department of Economic Affairs, Ministry of Finance has permitted all Public Sector Banks and eligible Private Sector… Continue reading Mahila Samman Savings Certificate, 2023
After stock limits, India to import 12 lakh tonnes of tur dal to keep prices in check
Source: The post is based on the article “After stock limits, India to import 12 lakh tonnes of tur dal to keep prices in check” published in The Hindu on 1st July 2023 What is the News? India will be importing 12 lakh tonnes of the Tur Dal in the current fiscal, up by 35%… Continue reading After stock limits, India to import 12 lakh tonnes of tur dal to keep prices in check
Mines Ministry to Unveil “List of Critical Minerals for India
Source: The post is based on the article “Mines Ministry to Unveil “List of Critical Minerals for India” published in PIB on 27th June 2023 Contents1 What is the News?2 What are Critical Minerals?3 What is the objective behind releasing the list of Critical Minerals for India?4 What are the challenges India faces in assuring… Continue reading Mines Ministry to Unveil “List of Critical Minerals for India
Centre approves funds for 16 States for Capital Investment under ‘Special Assistance to States for Capital Investment 2023-24’ scheme
Source: The post is based on the article “Centre approves Rs. 56,415 crore to 16 States for Capital Investment under ‘Special Assistance to States for Capital Investment 2023-24’ scheme” published in PIB on 26th June 2023 What is the News? The Department of Expenditure, Ministry of Finance has approved capital investment proposals of Rs 56,415… Continue reading Centre approves funds for 16 States for Capital Investment under ‘Special Assistance to States for Capital Investment 2023-24’ scheme
Power ministry establishes UTPRERAK, a Centre of Excellence to Accelerate Adoption of Energy Efficient Technologies in Indian Industry
Source: The post is based on the article “Power ministry establishes UTPRERAK, a Centre of Excellence to Accelerate Adoption of Energy Efficient Technologies in Indian Industry” published in PIB on 26th June 2023 What is the News? The Ministry of Power has set up UTPRERAK, a Centre of Excellence, dedicated to accelerating adoption of clean… Continue reading Power ministry establishes UTPRERAK, a Centre of Excellence to Accelerate Adoption of Energy Efficient Technologies in Indian Industry
PM MITRA Parks: India is pioneering sustainable textiles contributing to lesser carbon footprint and promoting circular economy: Union Textile Minister
Source: The post is based on the article “India is pioneering sustainable textiles contributing to lesser carbon footprint and promoting circular economy: Union Textile Minister” published in PIB on 26th June 2023 Contents1 What is the News?2 What is the PM MITRA Scheme?3 Where will the PM MITRA Parks be established?4 How will the PM… Continue reading PM MITRA Parks: India is pioneering sustainable textiles contributing to lesser carbon footprint and promoting circular economy: Union Textile Minister
