News: Reserve Bank of India has released the data on the top attractive investment destination states. Facts: Key Highlights from the study: In 2018-19,Andhra Pradesh accounted for the highest share in total cost of projects sanctioned by banks and financial institutions. It was followed by Tamil Nadu, Maharashtra, Gujarat, Telangana , Rajasthan and Uttar Pradesh.… Continue reading Maharashtra loses top slot as attractive investment destination to Andhra in FY’19: RBI study
Category: Daily Factly articles
Explained:Hubei Province
News:Hubei province has been the epicentre of the outbreak of COVID-2019 (the disease caused by the novel coronavirus). Facts: About Hubei Province: Hubei is a landlocked province in Central China. The name of the province means north of the lake referring to its position north of Dongting Lake. The capital of the province is Wuhan… Continue reading Explained:Hubei Province
Indonesia’s Mount Merapi erupts
News:Indonesia’s most active volcano,Mount Merapi has erupted again sending ash and smoke more than three miles into the sky. Facts: About Mount Merapi: Mount Merapi is an active stratovolcano located on the border between Central Java and Yogyakarta provinces,Indonesia. It is the most active volcano in Indonesia and has erupted regularly since 1548.
International Search and Rescue Advisory Group(INSARAG)
News:The National Disaster Response Force (NDRF) has organized the second BIMSTEC Disaster Management Exercise as per the International Search & Rescue Advisory Group(INSARAG) guidelines for familiarization & exercise purposes. Facts: About INSARAG: The International Search and Rescue Advisory Group(INSARAG) was established in 1991. It is a network of disaster-prone and disaster-responding countries and organizations dedicated… Continue reading International Search and Rescue Advisory Group(INSARAG)
Biggest jump in world defence spending in 10 years:Study
News:The International Institute of Strategic Studies(IISS) has released its report on Defence Spending titled “Military Balance”. Facts: Key takeaways from the report: The global spending on defence has increased by 4% in 2019.This is the largest growth in the last 10 years. The United States, China, Saudi Arabia, Russia and India retained their positions as… Continue reading Biggest jump in world defence spending in 10 years:Study
Conservation plan for Konark temple soon, says Culture Minister
News:Union Culture Minister has said that a plan to restore the Konark Sun temple in Odisha would be drawn up soon. Facts: About Konark Sun Temple: Konark Sun Temple is located in East Odisha near the sacred city of Puri, Odisha. It was built in the 13th century by King Narasimhadeva I (AD 1238-1264) of… Continue reading Conservation plan for Konark temple soon, says Culture Minister
USTR takes India off developing country list
News:The office of the United States Trade Representative(USTR) has taken off India from the list of developing countries that are eligible to claim benefits for preferential treatment with respect to Countervailing duties(CVDs) investigations Facts: Background: In 1998,the US had come up with lists of countries classified as per their level of development to harmonise it… Continue reading USTR takes India off developing country list
BIMSTEC conference on drug trafficking
News:India is hosting the first-ever BIMSTEC nations conference on combating drug trafficking in New Delhi. Facts: About the conference: The conference has been organised by the Narcotics Control Bureau (NCB). Aim:To provide an opportunity to all the member nations to deliberate on the increased threats posed by drug trafficking and the collective steps that were… Continue reading BIMSTEC conference on drug trafficking
Debts Recovery Tribunals(DRT)
News:Recently,the Union Cabinet has given its nod for amendment of the Direct Tax Vivad se Vishwas Bill, 2020 so that its scope can be widened to cover litigation pending in various debt recovery tribunals(DRTs). Facts: About Debt Recovery Tribunals(DRT): Debt Recovery Tribunals have been established following the passing of the Recovery of Debts due to… Continue reading Debts Recovery Tribunals(DRT)
Global Futures Report
News:Recently, the Global Futures report has been released jointly by the World Wide Fund for Nature, Global Trade Analysis Project and the Natural Capital Project. Facts: About the report: The report analysed how the natural assets would change under various future development scenarios and how the consequent changes in ecosystem services would in turn affect… Continue reading Global Futures Report
