News:The International Astronomical Union(IAU) has named an asteroid, discovered in 2006 after Indian classical singer Pandit Jasraj. Facts: About Asteroid: Asteroid are relatively small, inactive, rocky body orbiting the Sun.They can be as small as 1 kilometer(km) across or as large as 940 kilometers (about 583 miles) across. There are thousands of asteroids in our… Continue reading International Astronomical Union names asteroid after Pandit Jasraj
Category: Daily Factly articles
Mount Manaslu
News:A Polish climber has died on the Nepal’s Mount Manaslu. Facts: About Mount Manaslu: Mount Manaslu is the eighth highest mountain in the world at 8,163 metres above sea level. It is located in the Mansiri Himal part of the Nepalese Himalayas,in the west-central part of Nepal.
Explained: Under scanner, what is Ranitidine, and should Indian users worry?
News:Central Drugs Standard Control Organisation(CDSCO) has started looking into the concerns of potential cancer-causing substances contaminating popular acidity drug ranitidine. Facts: What is Ranitidine? Ranitidine is an over-the-counter prescription antacid used in the treatment of acid reflux and peptic ulcer diseases. It is commonly prescribed medicine for countering acidity and also on the World Health… Continue reading Explained: Under scanner, what is Ranitidine, and should Indian users worry?
Explained: What is Goldschmidtite?
News:A new mineral has been discovered inside a diamond unearthed from a mine in South Africa. Facts: The mineral has been found in Earth’s Mantle (A part of the Interior of the Earth) which covers 80% of earth’s volume. It has high concentrations of niobium, potassium and the rare earth elements lanthanum and cerium. The… Continue reading Explained: What is Goldschmidtite?
Prompt Corrective Action (PCA)
What is Prompt corrective action(PCA)? PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The RBI introduced the PCA framework in 2002 as a structured early-intervention mechanism for banks that become undercapitalised due to poor asset quality, or vulnerable due to loss of profitability. These regulations… Continue reading Prompt Corrective Action (PCA)
Trade and Development Report 2019
News:United Nations Conference on Trade and Development(UNCTAD) has released its Trade and Development Report 2019. Facts: About the report: The report has recommended for the adoption of a unitary taxation system for Multinational Enterprises(MNEs). This approach is needed as the current international corporate taxation norms consider affiliates of MNEs as independent entities and treat taxable… Continue reading Trade and Development Report 2019
UN global climate action award
News:Infosys has won the United Nations Global Climate Action Award (UNGCAA). Facts: Why Infosys was awarded? Infosys was awarded in the ‘Climate Neutral Now’ category for “Infosys’ Journey to Carbon Neutrality In 2011,Infosys had made a voluntary commitment to United Nation to become carbon neutral. In October 2018, Infosys has also pledged to demonstrate its… Continue reading UN global climate action award
World Digital Competitiveness Rankings
News:The World Digital Competitiveness Ranking(WDCR) 2019 report has been released. Facts: About World Digital Competitiveness report: The report has been prepared by the International Institute for Management Development(IMD) World Competitiveness Center. It measures the capacity and readiness of 63 nations to adopt and explore digital technologies as a key driver for economic transformation in business,… Continue reading World Digital Competitiveness Rankings
National Launch of 10 Year Rural Sanitation Strategy (2019-2029)
News:The Department of Drinking Water and Sanitation (DDWS),Ministry of Jal Shakti has launched the 10 Year Rural Sanitation Strategy (2019-2029). Facts: About the Rural Sanitation Strategy: The strategy has been prepared by the Department of Drinking Water and Sanitation in consultation with the State Governments and other stakeholders. The strategy lays down the roadmap for… Continue reading National Launch of 10 Year Rural Sanitation Strategy (2019-2029)
Quantum Supremacy
News:A scientific paper by Google has claimed that quantum processors have reached the regime of quantum supremacy. Facts: The research has found that quantum processor took 200 seconds to perform a calculation that would have been accomplished in 10,000 years by the world’s fastest supercomputer named Summit. What is Quantum Supremacy: The phrase quantum supremacy was… Continue reading Quantum Supremacy
