News:Recently,the Government of India has announced that the International Arbitration Tribunal has dismissed all claims against India in entirety in relation to cancellation of Letters of Intent for providing 2G services. Facts: About the issue: The arbitration arose against India due to cancellation of issuance of telecom licences to provide 2G services in five telecommunications… Continue reading UN Commission on International Trade Law(UNCITRAL)
Category: Daily Factly articles
Sebi puts in place guidelines for listed REIT, InvIT on rights issue
News:The Securities and Exchange Board of India(SEBI) has announced guidelines pertaining to rights issue of units by listed real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). Facts: Key features of the guidelines: The issuer will have to disclose objects of the issue, related-party transactions, valuation, financial details, review of credit rating and the… Continue reading Sebi puts in place guidelines for listed REIT, InvIT on rights issue
Nature risk rising report
News: World Economic Forum (WEF) has released Nature Risk Rising Report Facts: About Nature Risk Rising Report It has produced by WEF in collaboration with PwC and the first report in series of New Nature Economy (NNE) reports. It explains how nature-related risks matter to business, why they must be urgently mainstreamed into risk management… Continue reading Nature risk rising report
India falls to 51st spot in EIU’s Democracy Index
News: Economist Intelligence Unit released Democracy Index 2019 Facts: About Democracy index: It is based on five categories: electoral process and pluralism; the functioning of government; political participation; political culture; and civil liberties. It ranks countries based on their scores on 60 indicators. It classifies them as one of four types of regime: full democracy,… Continue reading India falls to 51st spot in EIU’s Democracy Index
‘Vyommitra’, the humanoid for Gaganyaan
News: The Indian Space Research Organisation has unveiled a human-robot, named Vyommitra, that will be sent to space as part of the Gaganyaan mission. Facts: About Gaganyaan Mission Gaganyaan is India’s first Human Space Flight Programme to be launched by the Indian Space Research Organisation (ISRO) by 2022. About Vyommitra Vyommitra is a half-humanoid who… Continue reading ‘Vyommitra’, the humanoid for Gaganyaan
World Employment and Social Outlook Trends 2020 (WESO) report:ILO
News:The United Nations International Labour Organization(ILO) has released the World Employment and Social Outlook Trends 2020 (WESO) report. Facts: About the report: The report analyses key labour market issues, including unemployment, labour underutilisation, working poverty, income inequality, labour income share and factors that exclude people from decent work. Key findings of the report: The number… Continue reading World Employment and Social Outlook Trends 2020 (WESO) report:ILO
Govt sets up National Startup Advisory Council
News:Government has set up the National Startup Advisory Council to advise the government on nurturing the culture of innovation among the citizens. Facts: About National Startup advisory Council: National Startup Advisory Council was formed with an aim to drive sustainable economic growth and generate employment opportunities. Composition of the Council: The Council will be chaired… Continue reading Govt sets up National Startup Advisory Council
Jharia most polluted place in India in 2018, Greenpeace report
News:Greenpeace India has released an annual report on the most polluted cities in India. Facts: About the report: The report is based on analysis of particulate matter data across 287 cities. It has used Central Pollution Control Board(CPCB) data to rank the most polluted cities in India. Key takeaways from the report: Jharia in Jharkhand… Continue reading Jharia most polluted place in India in 2018, Greenpeace report
Iran says it may pull out of nuclear treaty over Europe dispute
News:Iran has warned to withdraw from the Non-Proliferation Treaty(NPT) if the European countries refer the dispute over its Nuclear programme to the United Nation Security Council. Facts: About the issue: Britain, France and Germany launched a process last week charging Iran with failing to observe the terms of the 2015 Iran nuclear deal. This move… Continue reading Iran says it may pull out of nuclear treaty over Europe dispute
India 5th among countries with corporate commitments to science-based targets: Report
News:Recently,a carbon disclosure report has been released by the Global Reporting Initiative,a non profit organisation. Facts: About Carbon disclosure report: It is an annual report on carbon reduction activities of different countries and their firms. The report ranks countries based on their corporate responsibilities of carbon reduction. Key takeaways from the report: United States topped… Continue reading India 5th among countries with corporate commitments to science-based targets: Report
