News: World Competitiveness Index 2020 has been released by the Institute for Management Development(IMD). Facts: World Competitiveness Index is an annual report published since 1989. Parameters: It ranks 63 countries using 235 indicators grouped under four factors: economic performance, government efficiency, business efficiency and infrastructure. Key Takeaways: Top Rankers: Singapore has topped the index followed… Continue reading World Competitiveness Index 2020
Category: Daily Factly articles
Bose-Einstein Quantum “Fifth State Of Matter” Seen For 1st Time In Space
News: Scientists at NASA have observed Bose-Einstein Condensate (BEC) in for the first time in space offering unprecedented insight that could help solve some of the quantum universe’s most intractable conundrums. Facts: Bose-Einstein Condensate (BEC): It is the fifth state of matter whose existence was predicted by Albert Einstein and Indian mathematician Satyendra Nath Bose… Continue reading Bose-Einstein Quantum “Fifth State Of Matter” Seen For 1st Time In Space
World Day to Combat Desertification and Drought
News: World Day to Combat Desertification and Drought is being observed on June 17. Facts: World Day to Combat Desertification and Drought has been observed since 1995. Aim: To spread awareness among people about the cooperation required to combat desertification and the effects of drought. Theme: Food. Feed. Fibre. – the links between consumption and… Continue reading World Day to Combat Desertification and Drought
Climate report predicts hotter, rainier days
News: The first ever “Assessment of Climate Change over the Indian Region” report has been published by the Union Ministry of Earth Sciences(MoES). Facts: The report is based on the climate forecasting model developed at the Indian Institute of Tropical Meteorology (IITM),Pune. Key Highlights: Average surface air temperatures over India could rise by up to… Continue reading Climate report predicts hotter, rainier days
Explained: What is NASA’s Gateway lunar orbiting outpost?
News: NASA has finalised the contract for the initial crew module called habitation and logistics(HALO) support for Gateway lunar orbiting outpost. Facts: HALO: It refers to the pressurised living quarters where astronauts will spend their time while visiting the Gateway lunar orbiting outpost. Gateway Lunar Orbit outpost: It is a small spaceship that will orbit… Continue reading Explained: What is NASA’s Gateway lunar orbiting outpost?
The pangolin: can the protection upgrade by China curb its trafficking?
News: China has accorded the pangolin the highest level of protection and removed the scales of the Pangolin from its list of approved traditional medicines. Facts: Pangolin: They are scaly anteater mammals of the order Pholidota.They have large, protective keratin scales covering their skin and they are the only known mammals with this feature. Habitat:… Continue reading The pangolin: can the protection upgrade by China curb its trafficking?
Global Partnership on Artificial Intelligence (GPAI) summit
Source– This post is based on the article “PM to inaugurate the annual Global Partnership on Artificial Intelligence (GPAI) summit on 12th December” published in “PIB” on 11th December 2023. Why in the News? PM Shri Narendra Modi will inaugurate the Global Partnership on Artificial Intelligence (GPAI) Summit, at Bharat Mandapam, New Delhi. What is… Continue reading Global Partnership on Artificial Intelligence (GPAI) summit
India, China increased nuclear weapons since last year:SIPRI
News: Stockholm International Peace Research Institute (SIPRI) has released its Yearbook 2020. Facts: Nine nuclear-armed countries: US, Russia, the United Kingdom, France, China, India, Pakistan, Israel and North Korea. These countries together account for an estimated 13,400 nuclear weapons as of January 2020. Highest Nuclear warheads: Russia leads with 6,375 warheads, followed by the US… Continue reading India, China increased nuclear weapons since last year:SIPRI
India’s first gas trading platform launched
News: Union Petroleum Minister has inaugurated the Indian Gas Exchange (IGX). Facts: Indian Gas Exchange(IGX): It is India’s first online natural gas trading platform that will enable market participants to trade in standardised gas contracts. It is owned and operated by the Indian Energy Exchange(IEX). Significance: It is expected to facilitate overall transparent price discovery… Continue reading India’s first gas trading platform launched
India stares at 5th recession: How is it different from the past downturns?
News: India is staring at the 5th recession which will be different from previous recessions and will come with a fresh set of challenges. Facts: Recession: It is generally defined as a fall in the overall economic activity for two consecutive quarters (six months) accompanied by a decline in income, sales and employment. Previous Recessions:… Continue reading India stares at 5th recession: How is it different from the past downturns?
