News:Union Minister of Commerce & Industry has said that no imports will be allowed into the country without HSN code. Facts: Why stricter regulations? The minister said that the free trade agreements(FTA) of India with other countries has not led to the growth of India’s trade because of the poor quality of the products and… Continue reading Harmonised System of Nomenclature(HSN) code
Category: Daily Factly articles
1st Session of India-Norway Dialogue on Trade & Investment
News:The first Session of India-Norway Dialogue on Trade & Investment (DTI) was convened in New Delhi on 15-16 January, 2020. Facts: About the Dialogue: India and Norway signed Dialogue of Trade and Investment when Norway Prime Minister visited India in 2019. Based on the agreement,the countries held their first meeting to discuss trade and investment.… Continue reading 1st Session of India-Norway Dialogue on Trade & Investment
WEF:Global Risks Report,2020
News:The World Economic Forum has released the ‘Global Risks Report 2020’. Facts: About Global Risks report: The report describes changes occurring in the global risks landscape from year to year and identifies global catastrophic risks. This is the first time in the report’s 10-year-history that all of the top five issues that are likely to… Continue reading WEF:Global Risks Report,2020
Explained:About India’s fiscal deficit
News:Recently,former Economic Affairs secretary has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the official data. Facts: What is Fiscal Deficit? Fiscal Deficit is the difference between the Revenue Receipts plus Non-debt Capital Receipts (NDCR) and the total expenditure.… Continue reading Explained:About India’s fiscal deficit
Rojgaar Sangi- app to connect trained candidates with jobs
News:Recently, the Chhattisgarh State Skill Development Authority (CSSDA) has launched a mobile phone app – ‘Rojgaar Sangi’. Facts: About Rojgaar Sangi: The mobile application aims to connect trained candidates with the jobs.It will also help start-up companies to hire an office staff. The app has been developed with the help of National Informatics Centre (NIC).… Continue reading Rojgaar Sangi- app to connect trained candidates with jobs
IT rules to separate social media firms, other online platforms
News:Government has said that Draft Information Technology [Intermediaries Guidelines (Amendment) Rules] 2018 are under process of revision in the wake of instances of violence and lynchings affiliated with content posted on social media platforms. Facts: Internet Intermediary: Internet intermediary refers to a company that facilitates the use of the Internet.Such companies include internet service providers(ISPs),… Continue reading IT rules to separate social media firms, other online platforms
US removes designation of China as currency manipulator
News:The US has removed China as a currency manipulator as the two countries are preparing to sign a trade deal. Facts: About Currency manipulator: Currency manipulation happens when governments try to artificially tweak the exchange rate to gain an unfair advantage in trade. US defines currency manipulation as when countries deliberately influence the exchange rate… Continue reading US removes designation of China as currency manipulator
CARA celebrates 5th Annual Day
News:Central Adoption Resource Authority(CARA) has celebrated its 5th Annual Day in New Delhi. Facts: About CARA: Central Adoption Resource Authority (CARA) is a statutory body of Ministry of Women & Child Development,Government of India. It functions as the nodal body for adoption of Indian children and is mandated to monitor and regulate in-country and inter-country… Continue reading CARA celebrates 5th Annual Day
Centre eases CRZ rules of beaches aspiring for Blue Flag tag: What is this certification?
News:Recently, the Ministry of Environment and Forest has relaxed Coastal Regulation Zone(CRZ) rules for Blue flag beaches. Facts: About the relaxation of CRZ rules: India’s Coastal Regulation Zone(CRZ) rules do not allow the construction of infrastructure on beaches and islands. But the Blue Flag certification requires the beaches to create infrastructures like portable toilet blocks,… Continue reading Centre eases CRZ rules of beaches aspiring for Blue Flag tag: What is this certification?
WHO releases Global Health Challenges for 2020
News:The World Health Organization(WHO) has released a list of 13 urgent global health challenges for 2020. Facts: About the 13 challenges: Climate Crisis Delivering Health in Conflict and Crisis Healthcare Equality Expanding Access to Medicines Infectious Diseases Preparing for Epidemics Dangerous Products like unsafe food, and unhealthy diets Investing in People Who Defend Our Health… Continue reading WHO releases Global Health Challenges for 2020
