Enforcement Directorate(ED) has fined Hurriyat Conference leader Syed Ali Geelani and booked him under the Foreign Exchange Management Act (FEMA).He has been booked for illegal possession of foreign exchange under FEMA act,1999. The Foreign Exchange Management Act,1999 (FEMA) is an Act of the Parliament of India to consolidate and amend the law relating to foreign… Continue reading ED slaps ₹14.40 lakh penalty, confiscates ₹6.8 lakh in FEMA case against Geelani
Category: Daily Factly articles
Centre bans Yasin Malik-led JKLF under UAPA
Government has banned separatist leader Yasin Malik-led Jammu Kashmir Liberation Front under the Unlawful Activities (Prevention) Act,1967.The Front has been banned for allegedly promoting secessionist activities in Jammu and Kashmir. Earlier,Home Ministry had banned the Jamaat-i-Islami as an unlawful association under Section 3 of the Unlawful Activities (Prevention) Act,1967. The UAPA is a legislation to… Continue reading Centre bans Yasin Malik-led JKLF under UAPA
SpiceJet joins global Airlines grouping IATA
SpiceJet has joined global airlines grouping International Air Transport Association(IATA) as a member.It became the first Indian low-cost carrier to join the IATA. The membership will allow SpiceJet to explore and grow its collaborations with international member airlines of the IATA grouping through interlining and code shares.It will also enable the carrier in seamlessly expanding… Continue reading SpiceJet joins global Airlines grouping IATA
India’s first Real Estate Investment Trust subscribed 2.58 times
The initial public offering (IPO) of India’s first Real Estate Investment Trust (Embassy REIT) was subscribed 2.58 times,with the share sale generating a demand of over Rs 5,300 crore. REITs are similar to mutual funds.While mutual funds provide for an opportunity to invest in equity stocks,REITs allow one to invest in income-generating real estate assets.… Continue reading India’s first Real Estate Investment Trust subscribed 2.58 times
US abruptly endorses Israel’s Golan sovereignty in big shift
United States President has declared that US will recognize Israel’s Sovereignty over the disputed Golan Heights.This move will be a major shift in US policy towards the Israeli-occupied territory. Golan Heights is located in the southwest tip of Syria.It shares a border with Lebanon,Jordan and Israel.The area is not densely populated.Today more than 40,000 people… Continue reading US abruptly endorses Israel’s Golan sovereignty in big shift
Delhi, Chennai and Bengaluru among cheapest cities to live in; Paris & Singapore among most expensive
The Economist Intelligence Unit(EIU) recently came out with the Worldwide Cost of Living Survey 2019 Report. The report provides a list of the most expensive cities in the world and the cheapest places to live in.The Survey compares more than 400 individual prices across 160 products and services in cities around the world. According to… Continue reading Delhi, Chennai and Bengaluru among cheapest cities to live in; Paris & Singapore among most expensive
NEET score now valid for three years for undergraduate foreign medical degre
Government has cleared a proposal to extend validity of NEET(National Eligibility cum Entrance Test) score by three years.This move will help students who are planning to pursue medical courses abroad.At present,the validity of the National Eligibility cum Entrance Test is one year. Earlier,Government had made the entrance exam NEET mandatory for students wishing to pursue… Continue reading NEET score now valid for three years for undergraduate foreign medical degre
Enforcing a ban will not end the menace of stubble burning, say researchers
According to a team of researchers,stubble burning problem can be addressed by only educating farmers about the monetary costs of burning stubble.This can be done with the help of farmer cooperative groups who can play a more active role in educating farmers. Government efforts such as earmarking funds for specialised farming equipment (for straw management)… Continue reading Enforcing a ban will not end the menace of stubble burning, say researchers
Integrate TB services with primary health system: Lancet
According to the report in British medical journal Lancet,tuberculosis-free world is possible only by 2045 and not 2030,the target year set by the United Nations Sustainable Development Goals (SDGs) to end the epidemic. Tuberculosis (TB) is an infectious disease usually caused by Mycobacterium tuberculosis (MTB) bacteria. The report also says that India’s goal to end… Continue reading Integrate TB services with primary health system: Lancet
Finland is the happiest nation, India slips 7 spots, ranks 140th
India has been ranked at 140th on the United Nations World Happiness Report 2019 that ranked 156 countries.It is a decline of seven spots from 133rd in the last year’s report. Finland topped the list for the second consecutive year,followed by Denmark and Norway.South Sudan was ranked at the bottom of the index.Meanwhile, India’s neighbours… Continue reading Finland is the happiest nation, India slips 7 spots, ranks 140th
