India has registered its protest against a new report by the United Nations Office of the High Commission for Human Rights(UNHCR) on Kashmir. UNHCR in its report has said that neither India nor Pakistan have taken any concrete steps to solve the concerns raised in its first report on Kashmir which was released in 2018.… Continue reading False, motivated: India slams UN report on Kashmir situation
Category: Daily Factly articles
Antifa: why America is talking about group that uses violence with ‘fascists’
Recently, the US witnessed a violence during a pro-Donald Trump demonstration by the Proud Boys and a counter-protest by Antifa members. Proud Boys are known as a white supremacist exclusively male group based in the US with a presence in a few other countries.On the other hand,Antifa has a more international background and gained prominence… Continue reading Antifa: why America is talking about group that uses violence with ‘fascists’
Saudi Arabia adopts Digital India, equality of women in this year’s Haj
Indian Haj mission in Saudi Arabia has adopted digital technology to reach out to a large number of pilgrims as part of the Government of India’s initiative of Digital India. They have launched an app called as Haj app.This application was developed to receive feedback,a grievance from Hajis. The app also connects with the pilgrims… Continue reading Saudi Arabia adopts Digital India, equality of women in this year’s Haj
Financial system has surplus liquidity
Finance Minister and RBI Governor has met for the customary post-budget meeting. The RBI Governor has said that the system has sufficient liquidity and the Union Budget has made provisions to ease the NBFC crisis. In the Budget,the Government has announced a one-time six-month partial credit guarantee window to cover up 10% of losses that… Continue reading Financial system has surplus liquidity
Union Finance Minister Nirmala Sitharaman to address RBI board tomorrow
Finance Minister is scheduled to address the post-budget meeting of the RBI’s central board.She will highlight the key points of the Budget including the fiscal consolidation roadmap. The government has lowered the fiscal deficit target for 2019-20 at 3.3% of GDP from 3.4% set in the Interim Budget presented on February 1, 2019. Fiscal deficit… Continue reading Union Finance Minister Nirmala Sitharaman to address RBI board tomorrow
Plan for district eco-panels draws fire
Government has released a draft law on Environment Impact Assessment Notification(EIA),2019.The draft law is an update to the EIA 2006. The law makes the District Magistrate(DM) the chairperson of the District Environment Impact Assessment Authority(DEIAA) that will accord environment clearance for minor mining projects. Minor mining broadly refers to sand and stone mining in plots… Continue reading Plan for district eco-panels draws fire
African leaders set to sign landmark trade deal at AU Summit
African Countries will officially sign a African Continental Free Trade Area agreement at an African Union(AU) summit in Niger. The agreement aims to create a single unified market for the continent’s 1.3 billion people and to boost economic development. The plans for the free trade zone received a boost when Africa’s largest economy,Nigeria became the… Continue reading African leaders set to sign landmark trade deal at AU Summit
Production of Vande Bharat Express comes to a grinding halt
Recently,the production of India’s first semi high-speed train called as Vande Bharat Express(Train 18) has been stopped at the Integral Coach Factory(ICF) in Chennai. The reason is that the design of the Train has been found to be violative of certain specifications. The primary issue was that making of Train had dozens of deviations from… Continue reading Production of Vande Bharat Express comes to a grinding halt
Central Govt to set up three CoE in Sports at Itanagar in AP
Union Minister of State for Youth Affairs and Sports has informed that central government is going to set-up three Sports Centre of Excellence in Itanagar,Arunachal Pradesh. The three centre of excellence will be for (a)Martial Arts (b)Weight Lifting and (c)Boxing.These centres will have a capacity of 300 sportspersons with residential facility. The minister has also… Continue reading Central Govt to set up three CoE in Sports at Itanagar in AP
Raising of FDI in insurance broking to 100% upsets domestic brokers
Finance Minister has proposed a 100% foreign direct investment(FDI) in the insurance intermediaries in the Union Budget 2019. Insurance intermediaries are the backbone of the industry.They help in distribution of insurance policies and also help customers get attractive rates for the products. Insurance intermediaries include insurance brokers, insurance repositories, surveyors and loss assessors and third-party… Continue reading Raising of FDI in insurance broking to 100% upsets domestic brokers
