India has moved up to the 17th position in 2018 from 37th spot in 2017 in the Startup Ecosystem Ranking.The ranking has been released by the StartupBlink.The report has taken the startup ecosystems of 1,000 cities and 100 countries into consideration. In terms of global rankings,the top three spots remained unchanged with the United States,United… Continue reading Despite being the 3rd largest,Indian startup ecosystem ranked even below Estonia,Ireland,Germany
Category: Daily Factly articles
SC seeks replies from Centre,J&K on highway traffic ban
The Supreme Court has issued a notice to the Centre and the Jammu and Kashmir government on a petition which has challenged restrictions imposed on civilian movement along the National Highway between Srinagar and Baramulla. The petitioner has argued that the order announcing the ban (a) directly affects the lives of lakhs of people and… Continue reading SC seeks replies from Centre,J&K on highway traffic ban
Digital infra to play a key role in reviving economy
According to Infosys Co-founder and architect of Aadhaar,Digital infrastructure would play a major role in reviving the Indian economy. He has said that data was becoming central to the people and there would be a big change once data became the basis for decision-making in many sectors. Further,he said that the country has witnessed digital… Continue reading Digital infra to play a key role in reviving economy
RBI to assess if Indiabulls is ‘fit and proper’
The Reserve Bank of India (RBI) has decided to determine the criteria of Indiabulls Group founder whose name had appeared in the Panama Papers before approving the proposal to merge the group’s housing finance arm with Lakshmi Vilas Bank (LVB). Panama papers is a huge leak of documents that exposed how the rich and powerful… Continue reading RBI to assess if Indiabulls is ‘fit and proper’
No input tax credit if GST returns not filed, says HC
The Telangana high court has ruled that no input tax credit will be available unless GST(Goods and Services Tax) returns are filed.The court has also said that the taxpayer is liable to pay a penalty on the total liability. The ruling came after a company had delayed filing the GST returns.The tax authorities demanded 18%… Continue reading No input tax credit if GST returns not filed, says HC
New synthetic peptide may help treat Alzheimer’s
Researchers at the University of Washington, USA have developed synthetic peptides that could target and reduce toxic protein aggregates, which are supposed to cause Alzheimer’s disease. Alzheimer’s disease is a chronic neurodegenerative disease. It is a type of dementia that causes problems with memory, thinking and behaviour. It is caused by the aggregation of the… Continue reading New synthetic peptide may help treat Alzheimer’s
IMA threatens agitation over bridge course proposal
Niti Aayog has proposed a Bridge Course between BDS and MBBS in an attempt to address the acute shortfall of doctors in the country.The successful completion of the course would allow dentists to practice primary health care. The NITI Aayog proposal is based on the fact that the dental courses in the country follow the… Continue reading IMA threatens agitation over bridge course proposal
U.S. ends waiver for India on Iran oil
United States has announced that all buyers of Iranian oil will have to end their imports by May 2,2019 or face sanctions.The US has announced this to put maximum economic pressure on Iran and through sanctions it eventually aims to halt Iranian oil exports and thereby choke its main source of revenue. Earlier,the US had… Continue reading U.S. ends waiver for India on Iran oil
50% local sourcing likely for companies to book EV ride under FAME-II
An inter-ministerial steering committee led by Niti Aayog chief executive officer has decided that only companies that meet the 50% localisation threshold will be eligible for the incentives that will be available under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme. FAME is part of the government’s two-pronged strategy to place… Continue reading 50% local sourcing likely for companies to book EV ride under FAME-II
Top Navy commanders to review security preparedness in maritime domain
The first edition of Naval Commanders Conference of 2019 is scheduled to be held at New Delhi from 23 to 25 April 2019.The Conference assumes greater significance in the backdrop of Pulwama associated events. The conference is the apex forum within the Service for institutionalised interaction between the Naval Commanders themselves and between Naval Commanders… Continue reading Top Navy commanders to review security preparedness in maritime domain
