Category: Daily Factly articles

IMF Executive Board

News- The Appointments Committee of the Cabinet has appointed Parameswaran Iyer as the new Executive Director, representing India at IMF’s Executive Board. About IMF Executive Board The Executive Board of the IMF is responsible for the daily operations of the Fund. It exercises powers given by the Board of Governors and those under the IMF’s… Continue reading IMF Executive Board

Pass-Through Certificates (PTCs)

News: Pass-Through Certificates (PTCs) have become a highly innovative tool in structured finance, addressing liquidity challenges while offering investors diversified exposure to a pool of underlying assets. Pass-Through Certificates (PTCs). About Pass-Through Certificates (PTCs) These are debt instruments that allow investors to earn returns from a pool of underlying loans or receivables.  These could include… Continue reading Pass-Through Certificates (PTCs)

Appointment of the CBI Director

News: On May 5, Prime Minister Narendra Modi presided over the meeting of the committee tasked with appointing the Director of the Central Bureau of Investigation (CBI). Appointment of the CBI Director. About the Appointment of the CBI Director The appointment of the Director of the Central Bureau of Investigation (CBI) is governed by the… Continue reading Appointment of the CBI Director

Piprahwa Relics of Buddha

News: Ministry of Culture takes steps to halt auction of Piprahwa relics by Sotheby’s Hong Kong. Piprahwa Relics of Buddha. About Piprahwa Relics of Buddha These are the Buddha’s relics which were excavated from the Piprahwa Stupa in present-day Uttar Pradesh — widely recognised as the ancient city of Kapilavastu, the birthplace of Lord Buddha.… Continue reading Piprahwa Relics of Buddha

Biological Diversity (Access and Benefits Sharing) Regulation, 2025

News: The National Biodiversity Authority (NBA) has released a new set of rules to manage sharing of benefits generated through the use of biological resources. Biological Diversity (Access and Benefits Sharing) Regulation, 2025. About Biological Diversity (Access and Benefits Sharing) Regulation, 2025 It is a new set of rules to manage sharing of benefits generated… Continue reading Biological Diversity (Access and Benefits Sharing) Regulation, 2025

Igla-S

News: Indian Army gets new Russian missiles Igla-S to counter drones, choppers, jets. About Igla-S The Igla-S is a man-portable, shoulder-launched surface-to-air missile (SAM) system that uses infrared (IR) homing to lock onto the heat signatures of aerial targets. It is also known as Very Short Range Air Defence Systems (VSHORADS). Working: Once fired, the… Continue reading Igla-S

Stratospheric Airship Platform

News: The Defence Research and Development Organisation (DRDO) successfully carries out maiden flight-trials of Stratospheric Airship Platform from Sheopur Trial site, in Madhya Pradesh. About Stratospheric Airship Platform It is a high-altitude, lighter-than-air unmanned system designed to carry instrumentation payloads to the stratosphere—approximately 17 km above the earth’s surface. Developed by: Agra-based Aerial Delivery Research… Continue reading Stratospheric Airship Platform

Kaleshwaram Lift Irrigation Project (KLIP)

News- The National Dam Safety Authority (NDSA) reported substantial damage to the Kaleshwaram Lift Irrigation Project (KLIP) barrages following the 2023 flooding incident. About Kaleshwaram Lift Irrigation Project (KLIP) It is a multi-purpose irrigation project located on the Godavari River in Kaleshwaram, Telangana. The Godavari River, often referred to as the ‘Dakshin Ganga‘, is the… Continue reading Kaleshwaram Lift Irrigation Project (KLIP)

Genome-Edited Rice Varieties

News: Union Agriculture and Farmers Welfare Minister has announced the development of two genome-edited rice varieties, marking a new beginning in the field of scientific research and innovation. Genome-Edited Rice Varieties. About Genome-Edited Rice Varieties Developed by: ICAR – Indian Agricultural Research Institute (IARI), New Delhi and the Indian Rice Research Institute (IRRI), Hyderabad They… Continue reading Genome-Edited Rice Varieties

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