International Centre for Automotive Technology(ICAT) has released India’s first Type Approval Certificate(TAC) for Bharat Stage VI(BS VI) norms for the two wheeler segment in New Delhi. The certificate was released and handed over by Director of ICAT to top officials of the OEM (Original Equipment Manufacturers).This is India’s first certification in the two wheeler segment… Continue reading ICAT Releases India’s 1st BS – VI Certificate in Two Wheeler Segment
Category: Daily Factly articles
Govt to ask RBI to remove priority lending limit for renewable energy sector
The Ministry of new and renewable energy(MNRE) has decided to ask the Reserve Bank of India(RBI) for removal of the priority sector lending limit for the renewable energy(RE) sector. This will encourage the PSBs(public sector banks) to lend more for renewable energy projects and help RE developers access easy finance. India is running the world’s… Continue reading Govt to ask RBI to remove priority lending limit for renewable energy sector
Villagers turn to age-old ritual for rains
Recently,Valasa Devarlu was celebrated in the number of villages of Chittoor district of Andhra Pradesh. The festival was celebrated in the face of drought conditions and with only a few weeks left for the sowing season to close. Valasa Devarlu is a traditional old age ritual dating back to the reign of emperor Sri Krishnadevaraya.This… Continue reading Villagers turn to age-old ritual for rains
India’s first dinosaur museum inaugurated
Gujarat Chief Minister has inaugurated India’s first dinosaur museum and fossil park at Raiyoli village of Mahisagar district,Gujarat. Raiyoli is globally known to be the third largest fossil site and the second largest dinosaur hatchery from where about 10,000 dinosaur eggs have been found. The new museum will create a prehistoric-like era environment when dinosaurs… Continue reading India’s first dinosaur museum inaugurated
El Salvador recognises forests as living entities
Recently, El Salvador has taken the decision to recognise forests as living entities. This decision was taken as El Salvador has lost about 85% of its native forests since the 1960s while Earth has lost about 80% of its native forests. This recognition will require each person to commit to caring,preserving and respecting forests.People should… Continue reading El Salvador recognises forests as living entities
Explained RBI’s NPA circular: Small and medium firms get reprieve
The Reserve Bank of India(RBI) has issued a revised prudential framework for resolution of stressed assets. This revised circular was issued after Supreme Court had declared the RBI’s February 12 circular on the resolution of stressed loans as unconstitutional. The revised circular has given small and medium-sized defaulters enough time to come out from the… Continue reading Explained RBI’s NPA circular: Small and medium firms get reprieve
Reserve Bank sets up panel to examine ATM charges, fees
The Reserve Bank of India has constituted a high-level committee under IBA Chief V G Kannan to examine ATM charges and fees by banks. The six-member panel will review the existing structures and patterns of costs,charges and interchange fees for ATM transaction. The committee will also review the overall patterns of usage of ATMs by… Continue reading Reserve Bank sets up panel to examine ATM charges, fees
India sides with Israel against Palestine NGO at UN meet
India has voted in support of Israel at the UN’s Economic and Social Council(ECOSOC) to deny observer status to a Palestinian human rights organisation named ‘Shahed’. This is the first time India has taken a step back from its decades-old position on the two-state theory under which India sees both Israel and Palestine as separate… Continue reading India sides with Israel against Palestine NGO at UN meet
‘China getting decimated by tariff war’
The US President has said that the US threat to impose tariffs on Mexico has forced the country to agree to stronger immigration enforcement.He has predicted the same strategy will be successful with China. The US President had slapped tariffs on products from key trading partners China,Canada,Mexico and the European Union in order to push… Continue reading ‘China getting decimated by tariff war’
Quad one way to fix regional issues: Australian envoy
Australian Envoy has urged India to play a greater role in solving the regional problems of the Indo-Pacific region. Australian envoy has said that the quadrilateral grouping of the US, Australia, India, and Japan also known as the Quad was a manifestation of this cooperation. The Quad was formed to ensure and support a free,… Continue reading Quad one way to fix regional issues: Australian envoy
