The Reserve Bank of India (RBI)’s surplus for 2018-19 was higher than the surplus in recent years.This was due to the large amount of open market operations(OMOs) conducted by the central bank during the year. Open market operations is the sale and purchase of government securities and treasury bills by RBI or the central bank… Continue reading Open Market Operations(OMO)
Category: Daily Factly articles
Russia to push for final orders in $1 bn Kamov copters deal
India is likely to sign the final contract with Russia for 200 Kamov KA-226T light utility helicopters during Prime Minister visit to Russia for the Eastern Economic Forum. India and Russia had signed the deal for 200 Kamov KA-226T light utility helicopters during Indian Prime Minister’s visit to Russia in 2015. Under the deal,Russia will… Continue reading Russia to push for final orders in $1 bn Kamov copters deal
Age of third-degree torture is over, Amit Shah tells police
Union Home minister has attended the 49th foundation day celebrations of the Bureau of Police Research and Development(BPRD). During the session,he stressed on the need for police reforms and suggested that police force should do away with the age-old third-degree torture and adopt more scientific and new methods of investigation to stay ahead of criminals.… Continue reading Age of third-degree torture is over, Amit Shah tells police
Cabinet nod for sugar export subsidy
Cabinet Committee on Economic Affairs(CCEA) has approved sugar export subsidy for 2019-20. This move is aimed at countering the surplus sugar stock’s impact on prices.The lower sugar prices would make it difficult for mills to pay farmers dues. The subsidy will be provided for expenses on marketing costs including handling, upgrading , international and internal… Continue reading Cabinet nod for sugar export subsidy
Kerala, TN, Himachal top India’s child well-being index, says report
World Vision India, a child-focused humanitarian organisations and IFMR LEAD, a research organisation based in India, have released India Child Well-Being Report. It provides insights on health, nutrition, education, sanitation and child protection. The report examines how India fairs on child well-being using a composite child well-being index. The index is based on three dimensions… Continue reading Kerala, TN, Himachal top India’s child well-being index, says report
Rare tarantula sighted in Villupuram district
Researchers have spotted a Gooty Tarantula in the Pakkamalai Reserve Forests near Gingee in Villupuram district, Tamil Nadu The species of spider is also known as Peacock Parachute Spider or metallic tarantula because of its attractive iridescent colouration. It belongs to the genus Poecilotheria It is endemic to India and its home range is less… Continue reading Rare tarantula sighted in Villupuram district
What is Fedor the robot?
Russia’s humanoid robot Fedor (Final Experimental Demonstration Object Research) has reached International Space Station. It is Russia’s first robot in space. Fedor stands 180 cm tall and weighs 160 kg. It copies human movements. It can be operated manually by ISS astronauts wearing robotic exoskeleton suits to perform high risk tasks. Fedor will help with… Continue reading What is Fedor the robot?
Habitat rights for Chhattisgarh tribals in Naxal area soon
The Chhattisgarh government is processing habitat rights under Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 for Abujh Marias, a Particularly Vulnerable Tribal Group (PVTG). The Abujh Marias live in Abujhmarh forest area in Bastar district of Chhattisgarh. The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights)… Continue reading Habitat rights for Chhattisgarh tribals in Naxal area soon
Russia to select, train 4 of 12 Indians for manned mission
Russia will select and train four Indian astronauts for the Gaganyaan Mission. In June, Roscosmos subsidiary Glavkosmos and ISRO had signed a contract for the selection and training of Indian astronauts for the Gaganyaan Mission. Gaganyaan is India’s first Human Space Flight Programme to be launched by Indian Space Research Organisation (ISRO) by 2022. The… Continue reading Russia to select, train 4 of 12 Indians for manned mission
India pledges to restore 50 lakh hectares of degraded land by 2030
India will be hosting the 14th Conference of Parties (COP14) to the UN Convention to Combat Desertification (UNCCD) from 2-13 September 2019 at Greater Noida, NCR. India is the president of the CoP for next two years under UNCCD At its Curtain Raiser Press Conference, Union Environment Minister has announced that India pledges to restore… Continue reading India pledges to restore 50 lakh hectares of degraded land by 2030
