Sri Lanka has opened a new railway line which was built with China’s assistance.It connects its coastal city of Matara and Beliatta in Hambantota. The 26.75-km long Matara-Beliatta railway line is the first to be constructed in Sri Lanka since it became independent in 1948.The new rail segment will be a boost to Sri Lanka’s… Continue reading Sri Lanka opens new railway line built with China’s assistance
Category: Daily Factly articles
India becomes YouTube’s largest and fastest growing market
YouTube’s CEO has said that India is the largest and fastest growing audience for YouTube. YouTube is an American video-sharing website headquartered in San Bruno, California. It is one of Google’s subsidiaries. YouTube has more than 265 million monthly active users in India. In last one year, YouTube’s consumption on mobile has increased to 85%,… Continue reading India becomes YouTube’s largest and fastest growing market
Scientific Convention on World Homoeopathy Day Inaugurated Today
The two-day Convention on World Homeopathy Day has recently been launched by the Ministry of AYUSH. The convention is being organised by the Central Council for Research in Homoeopathy (CCRH), an autonomous research organisation under the Ministry of AYUSH. A wide range of topics will be covered in the convention such as a) Linking education… Continue reading Scientific Convention on World Homoeopathy Day Inaugurated Today
No apology for Jallianwala Bagh for now, says U.K.
The British government has refused to apologise for the Jallianwala Bagh massacre during a debate in the UK parliament. The UK government has said that financial implications as one of the factors it had to consider while reflecting upon demands for a formal apology for Jallianwala Bagh massacre. However,the UK government has expressed deep regret… Continue reading No apology for Jallianwala Bagh for now, says U.K.
India’s gold reserves increase marginally in February: WGC
According to the latest data from World Gold Council (WGC), India has marginally increased its gold holding in February 2019. India’s gold holding increased from 607 tonnes in January to 608.7 tonnes in February. Gold holding is a central banks’ total holding of gold as a percentage of their foreign exchange reserves. Early in March,… Continue reading India’s gold reserves increase marginally in February: WGC
Jurisdiction no bar in dowry harassment case, says Supreme Court
The Supreme Court has ruled that that cruelty under Section 498A is a continuing offence, considering the facts and circumstances of each case. The Supreme Court has said that women can file dowry harassment cases from the place where they are currently sheltered after leaving or being driven out of their matrimonial home. The SC… Continue reading Jurisdiction no bar in dowry harassment case, says Supreme Court
Reserve Bank of India issues norms for banks to set up currency chests
The Reserve Bank of India has come out with guidelines for banks to set up new currency chests. The guidelines issued are (a)New currency chests should include minimum area of 1,500 square feet for strong room/Vault.For those situated in hilly/ inaccessible places,the strong room/ vault area should be at least 600 sq ft (b)The new… Continue reading Reserve Bank of India issues norms for banks to set up currency chests
IMF forecasts dip in global growth in 2019
The International Monetary Fund (IMF) in its World Economic Outlook(WEO) report has said that India is projected to grow at 7.3% in 2019 and 7.5% in 2020.The growth will be supported by the continued recovery of investment and robust consumption,thus remaining the fastest growing major economy of the world. IMF expects inflation to remain below… Continue reading IMF forecasts dip in global growth in 2019
India highest recipient of remittances at $79 bn in 2018: World Bank
According to the World Bank’s Migration and Development report,India has retained its position as the world’s top recipient of remittances with its diaspora sending a USD 79 billion back home in 2018.India was followed by China,Mexico,Philippines and Egypt. A foreign remittance is a transfer of money from a foreign worker to their family or other… Continue reading India highest recipient of remittances at $79 bn in 2018: World Bank
Untimely rain leaves farmers worried
The recent heavy rainfall and hailstorms in Punjab and Haryana has damaged standing wheat crops and could also lead to a delay in harvesting of the wheat. Punjab and Haryana are key wheat producing states in India. Wheat is the main Rabi crop in India. It is sown between late October and December; while the… Continue reading Untimely rain leaves farmers worried
