According to government data, wholesale price-based inflation has reached a 22-month low of 2.45% in May. The decline has been attributed to falling prices of food articles, fuel and power items. Wholesale Price Inflation tracks changes in the price of goods in stages before the retail level i.e. goods that are sold in bulk and… Continue reading WPI inflation at 2-year low in May
Category: Daily Factly articles
Bihar first state to launch universal old-age pension scheme
Bihar state government has launched a universal old age pension scheme—Mukhyamantri Vridhajan Pension Yojana (MVPY) Under the scheme, a person above the age of 60 (if they are not getting any another pension from state or central government), irrespective of their financial, family or caste status will get a sum of Rs. 400/ month directly… Continue reading Bihar first state to launch universal old-age pension scheme
Three horses test positive for Glanders disease, euthanized
Three horses in Uttar Pradesh have been euthanized after a report by Hisar-based National Research Centre on Euquines (NRCE) report confirmed that they tested positive for Glanders disease. Glanders is a zoonotic infectious disease caused by the bacterium Burkholderia mallei. Glanders is primarily a disease affecting horses, but it also affects donkeys, mules, goats,… Continue reading Three horses test positive for Glanders disease, euthanized
World Elder Abuse Awareness Day is being observed today
World Elder Abuse Awareness Day is being observed on 15th June. World Elder Abuse Awareness Day is observed on the 15th of June every year to voice opposition to the abuse and suffering inflicted on elderly people. The United Nations General Assembly, in 2011, designated June 15 as World Elder Abuse Awareness Day. The recognition… Continue reading World Elder Abuse Awareness Day is being observed today
India to impose retaliatory tariffs on 29 U.S. goods from June 16
India has decided to impose the long pending retaliatory tariffs on 29 US products after US had withdrawn Generalized system of preferences (GSP) for Indian exporters. This action comes a year after the notification for the retaliatory tariffs was issued in 2018 in response to penal duties imposed on Indian aluminium and steel by the… Continue reading India to impose retaliatory tariffs on 29 U.S. goods from June 16
Swiss women across the country rise up for equal pay
Thousands of women across Switzerland have recently held a strike for equal pay for equal work. Women in Switzerland on average still earn 20% less than men. According to Global Wage Report 2018-19, Women are paid the most unequally in India, compared to men, when it comes to hourly wages for labour. On average,… Continue reading Swiss women across the country rise up for equal pay
India gets $42-billion FDI inflows in 2018: UN report
According to UNCTAD’s World Investment Report 2019,Foreign Direct Investment (FDI) into India has increased by 6% to $42 billion in 2018. The sectors which received the strong inflows includes (a)manufacturing, (b)communication (c)financial services (d)cross-border merger and (e)acquisition activities. The report ranks India at 10th position amongst the top recipients of FDI in 2018. The report… Continue reading India gets $42-billion FDI inflows in 2018: UN report
India slips to 141 in annual Global Peace Index; Iceland retains top spot
The Global Peace Index(GPI) 2019 has been released.India has been ranked at 141 among 163 countries.The ranking of India in 2018 was the 136th. The GPI is a report produced by the Institute for Economics and Peace (IEP) and developed in consultation with an international panel of peace experts from peace institutes and think tanks… Continue reading India slips to 141 in annual Global Peace Index; Iceland retains top spot
S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra
India’s External Affairs Minister has flagged off the first batch of pilgrims for this year’s Kailash Mansarovar Yatra. Kailash Manasarovar Yatra(KMY) is known for its religious value and cultural significance.Being significant to Hindus as the abode of Lord Shiva,it holds religious importance also for the Jains and the Buddhists. The Yatra is organized by the… Continue reading S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra
Black or grey: What next for Pakistan at FATF?
The Financial Action Task Force(FATF) will hold its Plenary and Working Group meeting from 16th June,2019. The plenary could take up a proposal to downgrade Pakistan to the blacklist on terrorist financing from its current greylisted status. Pakistan has been under the FATF’s scanner since June,2018 when it was put on the greylist for terror… Continue reading Black or grey: What next for Pakistan at FATF?
