Source: The post is based on the article “Derecognition of six Indian central counterparties by EU regulator: What will be the impact?” published in Indian Express on 4th May 2023 Contents1 What is the News?2 What are Central Counterparties(CCPs)?3 What is the issue?4 What will be the impact of the move? What is the News?… Continue reading Derecognition of six Indian central counterparties by EU regulator: What will be the impact?
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.
Russia overtakes Australia as top supplier of pulverised coal injection to India since September
Source: The post is based on the article “Russia overtakes Australia as top supplier of pulverised coal injection to India since September” published in Hindu Businessline on 3rd May 2023 What is the News? Russia has emerged as the top supplier of pulverised coal injection (PCI) to India’s steel mills for at least five months… Continue reading Russia overtakes Australia as top supplier of pulverised coal injection to India since September
India’s 1st undersea tunnels to open in November
Source: The post is based on the article “India’s 1st undersea tunnels to open in November” published in Indian Express on 2nd May 2023 What is the News? India’s first undersea twin tunnels in south Mumbai will soon be opened. About India’s First Undersea Twin Tunnel It is a 2.07-kilometer-long tunnel being built in Mumbai,… Continue reading India’s 1st undersea tunnels to open in November
Gum Arabic: Why Sudan war could hit your fizzy drinks and candy
Source: The post is based on the article “Gum Arabic: Why Sudan war could hit your fizzy drinks and candy” published in Indian Express on 1st May 2023 What is the News? The Sudan Conflict has impacted the trade of Gum Arabic. What is Gum Arabic? Gum Arabic is a natural gum derived from the… Continue reading Gum Arabic: Why Sudan war could hit your fizzy drinks and candy
“Future of Jobs” Report: India to witness less job churn in the next five years: WEF report
Source: The post is based on the article “India to witness less job churn in the next five years: WEF report” published in Business Standard on 1st May 2023 What is the News? The World Economic Forum(WEF) has released the “Future of Jobs” Report. The report maps the jobs and skills in the coming years… Continue reading “Future of Jobs” Report: India to witness less job churn in the next five years: WEF report
Government mulls unified airport security akin to Transportation Security Administration in U.S.
Source: The post is based on the article “Government mulls unified airport security akin to Transportation Security Administration in U.S.” published in The Hindu on 29th April 2023 Contents1 What is the News?2 What is the Transportation Security Administration(TSA)?3 Why is there a need for a unified security force for all airports in India?4 What… Continue reading Government mulls unified airport security akin to Transportation Security Administration in U.S.
Bluewashing: Report flags how corporates have wormed their way into global food governance
Source: The post is based on the article “Bluewashing: Report flags how corporates have wormed their way into global food governance” published in Down To Earth on 28th April 2023 What is the News? The International Panel of Experts on Sustainable Food Systems has released a report titled “Who’s tipping the scales”. The report has… Continue reading Bluewashing: Report flags how corporates have wormed their way into global food governance
Railway network in 14 states 100% electrified in FY23, Northeast lags
Source: The post is based on the article “Railway network in 14 states 100% electrified in FY23, Northeast lags” published in Business Standard on 27th April 2023 What is the News? Indian Railways has completed 90% electrification of its broad-gauge(BG) network as of March 31, 2023. – Note: Gauge refers to the vertical length between… Continue reading Railway network in 14 states 100% electrified in FY23, Northeast lags
Cabinet approves the Policy for the Medical Devices Sector
Source: The post is based on the article “Cabinet approves the Policy for the Medical Devices Sector” published in PIB on 26th April 2023 Contents1 What is the News?2 What is the need for a National Medical Devices Policy?3 What is the purpose of the National Medical Devices Policy?4 What is the significance of this… Continue reading Cabinet approves the Policy for the Medical Devices Sector
Tax levies on electricity generation: Centre tells States to scrap levies on power generation
Source: The post is based on the article “Centre tells States to scrap levies on power generation” published in The Hindu on 27th April 2023 What is the News? The Central Government has issued a terse warning to States against resorting to tax levies on electricity generation, including through the imposition of a water cess.… Continue reading Tax levies on electricity generation: Centre tells States to scrap levies on power generation
