According to the Central Board of Direct Taxes(CBDT),Direct tax collections have fallen short by Rs 60,000 crore.It has failed to meet the revised target of Rs 12 lakh crore for 2018-19 fiscal on account of poor personal income tax collections. However,tax collections has risen by 13.5% making it the third straight year of strong growth… Continue reading Govt faces direct tax shortfall of ₹60k crore
Category: Daily Factly articles
CCI gives speedy nod to L&T bid for Mindtree
The Competition Commission of India (CCI) has approved engineering and construction major Larsen & Toubro’s (L&T’s) proposal to acquire up to 66.15% stake in Mindtree.With this nod,L&T has overcome the first major regulatory hurdle in its bid for hostile takeover of the Mindtree. A hostile takeover is the acquisition of one company (called the target… Continue reading CCI gives speedy nod to L&T bid for Mindtree
Theresa May seeks further Brexit extension from EU until June 30
UK Prime minister has written to the European Union to request a further delay to Brexit until 30 June.The UK is currently due to leave the EU on 12 April and as yet no withdrawal deal has been approved by British Parliament. Earlier,British Parliament had approved a bill that will force UK Prime minister to… Continue reading Theresa May seeks further Brexit extension from EU until June 30
Pakistan opens a route for flights out of India
Pakistan has partially opened its airspace from India allowing Air India’s US and Europe bound flights to fly over it.The airspace has also been opened up for international airlines.The move will help the airlines save cost.However, flights originating or terminating in India were not allowed to use it. Earlier,Pakistan had shut down its airspace on… Continue reading Pakistan opens a route for flights out of India
Indonesia eyes komodo dragon island closure to thwart smuggling
Komodo Island will be closed to tourists starting January 2020.The famous island in Indonesia is home to the Komodo dragon,an ancient lizard.It will be banned to fix problems created by mass tourism and thwart attempts to smuggle the world’s biggest lizard. Komodo dragons are the largest,heaviest lizards in the world and one of the few… Continue reading Indonesia eyes komodo dragon island closure to thwart smuggling
NIT kick-starts programme under GIAN
The National Institute of Technology(NIT),Tiruchi has launched a five-day programme under the Global Initiative of Academic Networks (GIAN) in Higher Education. Global Initiative Of Academic Networks (GIAN) has been launched by the Union Ministry of Human Resource Development (HRD) in 2015. GIAN aims at tapping the talent pool of scientists and entrepreneurs, internationally to encourage… Continue reading NIT kick-starts programme under GIAN
Promotion & protection of ancient Indian Languages is need of the hour: Vice President
The Vice President of India has conferred around 100 ‘President’s Certificate of Honour’ and ‘Maharshi Badrayan Vyas Samman’ Awards on scholars in Classical Languages for the years 2016,2017 and 2018. Maharshi Badrayan Vyas Samman were introduced in the year 2002.It is given to selected young scholars in the age group of 30 to 45 years.… Continue reading Promotion & protection of ancient Indian Languages is need of the hour: Vice President
Rise in obesity, vision-related issues in Indian schoolchildren, says study
A report titled “Enhancing the Effectiveness and Impact of Schools: Insights from School Health Screening Program” has noted that obesity, vision and dental issues are the major health problems faced by school-going children across India. The report has been published by Jarma Wellness, an organisation working in the area of healthcare consultation. Jarma Wellness, an… Continue reading Rise in obesity, vision-related issues in Indian schoolchildren, says study
‘Deaths from C-sections high in developing countries’
A recent research published in The Lancet has noted that maternal deaths following caesarean sections in low and middle-income countries are 100 times higher than that in high-income countries. According to the report, annually, there are 3 lakh maternal deaths and 99% of it are from low and middle-income countries. Poor access, unnecessary caesarean operations,… Continue reading ‘Deaths from C-sections high in developing countries’
Japan probe blasts asteroid to make crater
A Japanese spacecraft, Hayabusa2, has launched an explosive device at asteroid Ryugu. The aim is to blast a crater in the surface of the asteroid. It seeks to throw up “fresh” material from under the asteroid’s surface that could shed light on the early stages of the solar system. In February, the Hayabusa2 spacecraft had… Continue reading Japan probe blasts asteroid to make crater
