Omani author Jokha Al Harthi has won the prestigious Man Booker International Prize for her book Celestial Bodies. Celestial Bodies is the story of three sisters of a desert country confronting its slave-owning past and a complex modern world. The Man Booker International Prize is an international literary award sponsored by the Man Group.It is… Continue reading Oman author Jokha Al Harthi wins Booker International Prize
Category: Daily Factly articles
UAE launches ‘Golden Card’ scheme to woo wealthy investors, exceptional talents
The United Arab Emirates(UAE) has launched a permanent residency scheme called as Golden Card programme. This scheme was introduced to attract wealthy individuals and exceptional talents such as doctors, engineers, scientists, students and artists. The Golden card visa categories include (a)real estate investors who can get a visa for 5 years (b)general investors who will… Continue reading UAE launches ‘Golden Card’ scheme to woo wealthy investors, exceptional talents
Panel submits a report on reducing oil import dependency
A High-Level Committee constituted by the government has submitted its recommendations to bring down India’s dependence on crude oil imports. The committee was formed to look into issues related to (a)research and development centres of oil and gas public sector undertakings(PSUs) (b)tax issues and ways of benefiting from the goods and services tax (GST) and… Continue reading Panel submits a report on reducing oil import dependency
Shyam Saran to be conferred with Japan’s ‘Order of the Rising Sun’ award
Former Indian Foreign Secretary Shyam Saran has been selected for Japan’s National Award called as ‘The Order of the Rising Sun, Gold and Silver Star’. He has been awarded for his contributions in strengthening strategic ties and enhancing mutual understanding between India and Japan. ‘The Order of the Rising Sun, Gold and Silver Star’ is… Continue reading Shyam Saran to be conferred with Japan’s ‘Order of the Rising Sun’ award
Only electric 2-wheelers may be sold in country after 2025
Niti Aayog has proposed that in the next six to eight years,India’s entire two-wheeler industry should go full electric.The proposal is aimed to curb pollution and reduce India’s dependency on fossil fuels. The Niti Aayog has also pushed for doubling direct subsidy for electric three-wheelers to Rs 20,000 per kilowatt hour to make them as… Continue reading Only electric 2-wheelers may be sold in country after 2025
Finance Ministry begins pre-Budget discussions
The finance ministry has begun the pre-Budget consultation exercise with industry bodies in the run-up to the full budget to be unveiled by the new government in July,2019. Recently,the finance Minister had presented the Interim Budget on 1st February 2019. An interim Budget or vote on account means that the government seeks the approval of… Continue reading Finance Ministry begins pre-Budget discussions
Gender diversity good for businesses: UN
United Nations International Labour Organisation (ILO) has released a report titled “Women in Business and Management: The business case for change” The report surveyed nearly 13,000 enterprises across 70 countries on assessing how gender diversity policies impact business outcomes. The report revealed that around 57% of companies agreed that increased gender diversity initiatives result in… Continue reading Gender diversity good for businesses: UN
Sushma Swaraj speaks of Pulwama, Sri Lanka attacks at SCO Foreign Ministers’ meeting in Kyrgyzstan
India’s external affairs minister has attended the meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation (SCO) in Bishkek,Kyrgyzstan. While addressing the meeting,External Affairs Minister has urged the member nations of SCO for greater counter-terror cooperation in the backdrop of terror strikes at Pulwama and Sri Lanka. She also said that India… Continue reading Sushma Swaraj speaks of Pulwama, Sri Lanka attacks at SCO Foreign Ministers’ meeting in Kyrgyzstan
China must prepare for difficult times, says Xi
Chinese President has said that China should be prepared for difficult times as the international situation is getting complex due to bitter trade war between China and the US. The two countries are engaged in a retaliatory tariff measures on each other’s imports after the talks had collapsed to resolve their trade disputes. The trade… Continue reading China must prepare for difficult times, says Xi
Groundwater reserves estimate to be updated soon
The Union Water Ministry is finalising an updated estimate on the state of groundwater reserves in India. Central Ground Water Board (CGWB) jointly with State Ground Water Departments carries out periodic assessment of ground water resources of the entire country. The last assessment was done in 2013. The groundwater resources of India are assessed Groundwater… Continue reading Groundwater reserves estimate to be updated soon

