Asian Development Bank (ADB) has decided to finance metro rail projects and a rapid rail corridor between Delhi and Meerut as part of its effort to improve urban transport system in India. ADB is under discussion with various multilateral funding agencies for co-financing of metro rail projects in India including Bhopal and Indore Metro projects.Further,expansion… Continue reading ADB steps up metro rail funding
Category: Daily Factly articles
Iraq remains the top oil supplier to India
According to data collected by the Directorate General of Commercial Intelligence and Statistics,Iraq has remained India’s top crude oil supplier for the second consecutive year.It met more than one-fifth of the country’s oil needs in the 2018-19 fiscal year. Saudi Arabia also maintained its position as the second-largest crude supplier to India during the year… Continue reading Iraq remains the top oil supplier to India
GST collection scales record high of ₹1.13 lakh crore in April
Goods and Services Tax(GST) collections has hit an all-time high of Rs 1.13 lakh crore in April.The government had collected Rs1.06 lakh crore in March. According to experts, increase in GST collections could be due to various reasons such as(a)tightening of tax compliance using the mechanism of e-way bills (b)change in taxation for real estate… Continue reading GST collection scales record high of ₹1.13 lakh crore in April
Naruhito pledges to be ‘symbol of unity
Japanese Emperor Naruhito took up the throne from his father,Akihito who had decided to step down.Emperor Naruhito will be Japan’s 126th emperor.The Japanese government has announced that the reign of the next Japanese emperor will be known as the “Reiwa” era. The term for the new era “Reiwa” is made up of the two characters… Continue reading Naruhito pledges to be ‘symbol of unity
Denisovans lived in Tibetan Plateau, fossil evidence shows
Analysis of a fossil jawbone containing molars recovered from Baishiya Karst cave in Xiahe, Gansu, Tibet, China has revealed that Denisovans lived in the Tibetan Plateau some 1,60,000 years ago. The study has been published in the journal Nature. The Denisovans or Denisova hominins are an extinct species or subspecies of archaic humans in the… Continue reading Denisovans lived in Tibetan Plateau, fossil evidence shows
Rural revitalisation is critical to ending hunger, malnutrition:Global food policy report
Global food policy report has been released by the International Food Policy Research Institute (IFPRI).The theme of the 2019 report is rural revitalisation.The report highlights the urgency of rural revitalization to address a growing crisis in rural areas. According to the report, the rural population constitutes 45.3% of the world’s total population.It has also said… Continue reading Rural revitalisation is critical to ending hunger, malnutrition:Global food policy report
India’s ASAT test a response to growing space threats:France
French Envoy to India has supported India’s Anti-Satellite (ASAT) missile test.The French envoy has said that India’s ASAT missile test is a response to the growing threat posed by the defence and offensive space technologies which are being developed with various aims of spying,gaining control,deactivating service and destroying. However,he also emphasised on regulation of space… Continue reading India’s ASAT test a response to growing space threats:France
Assam Rifles, NSCN(IM) agree to withdraw from Manipur villages
Assam Rifles and National Socialist Council of Nagalim(NSCN-IM) has agreed to withdraw from two remote villages of Ukhrul in Manipur.The decision towards de-escalating the tension was taken by Nagaland based Ceasefire Monitoring Group(CFMG) and a delegation of NSCN-IM leaders. Recently,Assam Rifles had issued warning against the National Socialist Council of Nagaland Isak-Muivah faction (NSCN-IM) for… Continue reading Assam Rifles, NSCN(IM) agree to withdraw from Manipur villages
Progress’ in U.N. listing of Masood Azhar, says China
China has said that some progress has been achieved on designating Jaish-e-Mohammad chief Masood Azhar as a global terrorist by the UN. Earlier,China had blocked India’s bid to designate Jaish-e-Mohammad chief Masood Azhar as a terrorist under the UNSC 1267 Sanctions Committee.It had placed a technical hold on the resolution. The proposal to designate Masood… Continue reading Progress’ in U.N. listing of Masood Azhar, says China
Core sector growth at a 5 month high in March
According to the Government data,India’s growth in eight core industries has reached a five-month high of 4.7% in March,2019.It has improved due to a broad-based recovery in sectors such as cement,refinery products, steel and coal. Core industry can be defined as the main industry which has a multiplier effect on the economy.The Eight Core Industries… Continue reading Core sector growth at a 5 month high in March
