What is the news? Recently, the Commerce Ministry said that the negotiations for India-UK Free Trade Agreement (FTA) will commence from November this year. The governments in both the countries are eager to conclude an interim agreement quickly, but the businesses are yet to warm up to the idea. What are the findings of the study published by… Continue reading Businesses should give useful inputs for FTA negotiations
Category: Daily Factly articles
Union Minister of Home paid tributes to the great King Shankar Shah
What is the News? Union Minister of Home Affairs has paid tributes to the great patriot King Shankar Shah and his son Kunwar Raghunath Shah in Jabalpur, Madhya Pradesh. Who is King Shankar Shah? King Shankar Shah was a Gond king of Garha Kingdom in the Gondwana region of Madhya Pradesh. Despite his state being… Continue reading Union Minister of Home paid tributes to the great King Shankar Shah
India will become 3rd largest importer by 2050: UK report
What is the News? The UK’S Department of International Trade has released a report titled ‘Global Trade Outlook‘. What are the key findings of the report? India’s Imports Currently, India is the eighth-largest importing country, with a 2.8% import share. It is set to become the fourth-largest importer by 2030. Moreover, India will become the… Continue reading India will become 3rd largest importer by 2050: UK report
Explained: How a Gupta era temple in Etah has put focus back on shankhalipi script
What is the News? Archaeological Survey of India (ASI) discovered remains of an ancient temple dating back to the Gupta period (5th century) in Bilsarh village in Uttar Pradesh’s Etah district. Note: The Bilsarh site was declared as a ‘protected’ site in 1928. Every year, the ASI undertakes scrubbing work at the protected sites. What… Continue reading Explained: How a Gupta era temple in Etah has put focus back on shankhalipi script
1.2 lakh people died in road accidents in 2020: NCRB
What is the News? National Crime Records Bureau(NCRB) has released a report titled ‘Crime in India’ Report, 2020. The report has talked about road accidents in India. Read more: Crime in India Report, 2020 What are the Key Findings of the Report on Road Accidents? Road Accidents in 2020: India has recorded 1.20 lakh cases… Continue reading 1.2 lakh people died in road accidents in 2020: NCRB
The town of Wooden toys
What is the news? Recently, a Welfare Association of wooden toymakers named Ambasamudram Bharani Mara Varna Kadasal Artisans has applied for the Geographical Indications tag for Choppu Samaan. What is Choppu Samaan? It is a traditional toy for kids. It is a kitchen set that is made up of fine wood with polished edges. Furthermore, it… Continue reading The town of Wooden toys
Major restructuring of railways on anvil
What is the news? A panel was set up under the Principal Economic Adviser gave recommendations for Rationalisation of Government Bodies and Proposal for the Ministry of Railways. Recently, Cabinet Secretary asked about the actions taken on the rationalisation plan. What are the recommendations of the panel? Closure: Panel calls for winding up the Central… Continue reading Major restructuring of railways on anvil
World Bank discontinues Doing Business rankings
What is the News? The World Bank Group has recently decided to discontinue publication of its ‘Doing Business’ rankings. About the Doing Business Report Doing Business report measures regulations across the 190 economies in 12 business regulatory areas to assess the business environment in each economy. Read more: World Bank’s Doing Business Report What led to… Continue reading World Bank discontinues Doing Business rankings
AUKUS Security Alliance – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction A week before the meeting of Quad leaders in Washington DC, the US administration announced a new trilateral security partnership for the Indo-Pacific, between Australia, the U.K. and the U.S. (AUKUS). As part of this, Australia will acquire nuclear-powered submarines with help from the U.K. and the US within 18 months. There is… Continue reading AUKUS Security Alliance – Explained, pointwise
Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
What is the News? India has participated in the 6th edition of Exercise Peaceful Mission being hosted by Russia. What is an Exercise Peaceful Mission? Exercise Peaceful Mission is a Multilateral Exercise that is conducted biennially as part of military diplomacy between Shanghai Cooperation Organisation (SCO) member states. Aim: To foster close relations between SCO… Continue reading Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
