China has passed a revised drug law.The revised drug law removes drugs that are legal in foreign countries but not approved in China from the category of fake medicines. The revised law will also mean that residents who use the drugs without official approval can be granted leniency if the amount of the drug is… Continue reading China’s new drug law may open door for Indian generic medicines: Report
Category: Daily Factly articles
‘100% FDI in coal will boost competitiveness’
Recently,Union cabinet has decided to permit 100% foreign direct investment(FDI) in the coal sector. This decision is likely to help the coal-bearing states to get more revenue and bring in more players to create an efficient and competitive coal market. However,experts have said that right kind of policies are needed to ensure that global players… Continue reading ‘100% FDI in coal will boost competitiveness’
Bank frauds rise 74%, says RBI
According to Reserve Bank of India’s annual report,the amount involved in bank frauds has increased by 74% over the last one year. Among the banks,the public sector banks(PSBs) have accounted for the bulk of frauds at around 90% of total fraud amount.It was followed by private sector banks and foreign banks. The report said that… Continue reading Bank frauds rise 74%, says RBI
CSIR and GAIL join hands to scale up production of diesel from Plastic waste
Union Minister for Science and Technology has inaugurated a waste plastic to diesel plant in Dehradun. The plant has been set up in CSIR- Indian Institute of Petroleum (IIP) whose scientists will process waste plastics into fuel.The technology has been developed under the GAIL’s sponsorship. Using this plant,polyolefinic wastes which accounts for approximately 70% of… Continue reading CSIR and GAIL join hands to scale up production of diesel from Plastic waste
New Study on Jupiter
According to a new study based on information sent by JUNO, Jupiter has a “fuzzy core” that includes lighter elements like helium and hydrogen. According to scientists, this could be explained by a head-on collision with a still-forming planet about 10 times the size of Earth. Further, scientists have attempted to explain why Jupiter’s stripes… Continue reading New Study on Jupiter
Star tortoise, otters get higher protection at CITES
India’s proposal to upgrade the protection of star tortoises, the smooth-coated otter and small-clawed otters in CITES (Convention on International Trade in Endangered Species on Wild Fauna and Flora) have been approved. These species have been listed under Appendix I of CITES. There will be a complete international ban enforced on their trade. The decision… Continue reading Star tortoise, otters get higher protection at CITES
New 9.3 crore study to check antibiotic resistance in Ganga
The government has commissioned a project under the National Gang Mission (Namami Gange) to assess the microbial diversity along the entire length of the Ganga. This is to test is the river contain microbes that may promote antibiotic resistance. The project will be undertaken by scientists at the Motilal Nehru Institute of Technology, the National… Continue reading New 9.3 crore study to check antibiotic resistance in Ganga
1971 as NRC base year cannot protect Assam’s indigenous, says NGO
Assam Sanmilita Mahasangha (ASM), which is an umbrella organisation of several indigenous ethnic organisations, has said that National Register of Citizens (NRC) cannot protect the indigenous people of the State if 1971 remains the base year for identifying foreigners. The organization had challenged the constitutional validity of March 25, 1971 as the base year for… Continue reading 1971 as NRC base year cannot protect Assam’s indigenous, says NGO
Ind-Ra cuts GDP growth forecast in FY20 to 6.7%
India Ratings and Research has revised downwards its projection of the country’s GDP growth in financial year 2019-20 to 6.7% from an earlier estimate of 7.3% The reasons cited for lowering the growth projection are a) a slowdown in consumption demand; b) delayed and uneven progress of monsoon so far; c) decline in manufacturing growth;… Continue reading Ind-Ra cuts GDP growth forecast in FY20 to 6.7%
Cabinet approves Establishment of an International Coalition for Disaster Resilient Infrastructure
The Union Cabinet has approved the establishment of International Coalition for Disaster Resilient Infrastructure (CDRI) along with its supporting Secretariat Office in New Delhi. The CDRI is proposed to be launched at the UN Climate Action Summit in New York, USA on 23rd September 2019. The CDRI will serve as a platform to generate and… Continue reading Cabinet approves Establishment of an International Coalition for Disaster Resilient Infrastructure
