News:US President has criticized the US Federal Reserve for having increased the interest rates in the US economy thus undermining the competitiveness of the US firms and has called for introducing Negative interest rates. Facts: What are negative interest rates? Negative interest means instead of the bank paying you money to keep in a savings… Continue reading Explained: What are negative interest rates and how do they work?
Category: Daily Factly articles
New signal fish discovered off Kerala coast
News:Scientists have discovered a new species of signal fish named Pteropsaron indicum off Kerala coast. Facts: About the species: The Pteropsaron indicum species was collected by trawlers at a depth of 70 metres during a marine biodiversity survey. This is the first species of the genus signal fish to be discovered in the Indian waters.Pteropsaron… Continue reading New signal fish discovered off Kerala coast
India pledges to contribute $5 million in 2020 to UN Palestine refugee agency
News:India has pledged to contribute USD 5 million in 2020 to the United Nations Relief and Works Agency for Palestine Refugees(UNRWA). Facts: About UNRWA: United Nations Relief and Works Agency for Palestine Refugees (UNRWA) was established by the United Nations in 1949 to carry out direct relief and works programmes for Palestine refugees. The agency… Continue reading India pledges to contribute $5 million in 2020 to UN Palestine refugee agency
Indian wins BRICS-Young Innovator Prize
News:The BRICS Young Innovator Prize has been awarded to Ravi Prakash for his indigenously designed affordable milk chilling unit at fourth BRICS-Young Scientist Forum(YSF)–2019. Facts: About BRICS Young Scientist forum: The BRICS Young Scientist Forum(YSF) was established in 2015 at the 2nd BRICS Science,Technology and Innovation(STI) Ministerial Meeting in Brazil. The first BRICS Young Scientist… Continue reading Indian wins BRICS-Young Innovator Prize
NASA Renames Ultima Thule as ‘Arrokoth’
News: NASA has renamed Ultima Thule as ‘Arrokoth, meaning ‘sky’ in the Native American Powhatan language. Facts: Ultima Thule is a Kuiper Belt object and the farthest object ever explored by any spacecraft. The object is officially named 2014 MU69. It is a contact binary that is single object with two lobes attached gently. NASA… Continue reading NASA Renames Ultima Thule as ‘Arrokoth’
Climate change is already damaging health of children, says Lancet report
News: The Lancet Countdown on Health and Climate Change 2019 has warned that children will suffer from a rise in infectious diseases, malnutrition and air pollution if global warming continues on the current trajectory. Facts: About The Lancet Countdown on Health and Climate Change: It is a comprehensive yearly analysis that tracks progress across 41… Continue reading Climate change is already damaging health of children, says Lancet report
Loopholes galore in implementation of PM-Kisan
News: PM-Kisan scheme has kept out a large section of Indian farmers from its ambit due to design discrepancies. Facts: About PM KISAN: Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector scheme with 100% funding from Government of India. It was announced by then Finance Minister in February 2019. Under the Scheme an… Continue reading Loopholes galore in implementation of PM-Kisan
Union Agriculture Minister attends the Eighth Session of Governing Body of Seed Treaty at FAO Headquarters in Rome
News: Union Agriculture Minister attended the eight session of the Governing Body of International Treaty of Plant Genetic Resources for Food and Agriculture (ITPGRFA), at Rome, Italy Facts: About International Treaty of Plant Genetic Resources for Food and Agriculture (ITPGRFA) It is also known as International SEED Treaty. It was adopted by the Thirty-First Session… Continue reading Union Agriculture Minister attends the Eighth Session of Governing Body of Seed Treaty at FAO Headquarters in Rome
Government unveils draft e-commerce rules
News:Government has released the draft Consumer Protection (e-Commerce) Rules,2019. Facts: About the E-commerce rules: Unfair Trade Practices:The rules prohibit E-commerce firms from adopting unfair methods or deceptive practice that may influence transactional decisions of consumers to products and services. False reviews:It also bars such entities from falsely representing themselves as consumers or post reviews about… Continue reading Government unveils draft e-commerce rules
India’s cancer care facilities highly inadequate, says parliamentary panel
News:The parliamentary standing committee on science and technology, environment, forest and climate change has expressed serious concern over the rising number of cancer patients in the country. Facts: Key takeaways from the report: Cancer is one of the leading threats to public health in India.An estimated 2.25 million people live with the disease in the… Continue reading India’s cancer care facilities highly inadequate, says parliamentary panel
