Frost & Sullivan, a consulting firm, has projected that grounding of Boeing 737 MAX 8 planes worldwide, could cost airlines a loss of $4 billion. A large number of countries have had decided to ground Boeing 737 MAX 8 planes in the aftermath of Ethiopian Airlines crash. On 10 March 2019, A 737 MAX 8… Continue reading ‘Grounding to cost airlines $4 bn.’
Category: Daily Factly articles
Himachal avalanche: search ends with recovery of two more bodies
The search and rescue operation for soldiers trapped by as snow avalanche in Kinnaur district Himachal Pradesh has been called off. Soldiers of Jammu and Kashmir Rifles were buried under the avalanche at Shipki La near the Sino-India border on February 20. Shipki La is a mountain pass and border post on the India-China border.… Continue reading Himachal avalanche: search ends with recovery of two more bodies
Enforce ban on surrogate liquor ads, HC tells UP
The Allahabad High court has ordered the Uttar Pradesh government and its Excise Department to enforce the ban on surrogate advertisement of liquor on TV and in cinema halls, newspapers and other mass media. A surrogate advertisement is an advertisement that duplicates the brand image of one product to promote another product of the same… Continue reading Enforce ban on surrogate liquor ads, HC tells UP
Fire breaks out in Bandipur again
Recently, a fresh outbreak of fire has been reported from Kundkere range of Bandipur Tiger Reserve. In February, Bandipur Tiger Reserve had witnessed a major fire which spread to the adjoining Wayanad wildlife sanctuary. The Bandipur National park is located in Karnataka. It was established in 1974 as a tiger reserve under Project Tiger. Wayanad… Continue reading Fire breaks out in Bandipur again
Despite objections, Bannerghatta National Park’s Eco-Sensitive Zone curtailed
The 33rd ESZ Expert Committee meeting of the Ministry of Environment and Forests (MOEF) has recommended to finalize the draft notification which declared an Eco-sensitive Zone (ESZ) area of 168.84 sq.km around Bannerghatta National Park. Environment activists have strongly opposed the draft notification. In 2016, the government had brought out a draft notification which called… Continue reading Despite objections, Bannerghatta National Park’s Eco-Sensitive Zone curtailed
Wholesale price inflation quickens to 2.93% in February
The Wholesale price inflation has increased to 2.93% in February. The rise has been attributed to high food and fuel prices. Wholesale Price Inflation tracks changes in the price of goods in stages before the retail level i.e. goods that are sold in bulk and traded between organizations instead of consumers. It is measured by… Continue reading Wholesale price inflation quickens to 2.93% in February
India wants visa-free travel to Kartarpur
India has asked for a visa-free access from Pakistan during the meeting of Indian and Pakistan Officials to finalise the modalities of the proposed cross-border Kartarpur corridor. The meeting is being held to discuss the draft agreement which consists of(a)dedicated corridor that will allow pilgrims from India to visit the Kartarpur Sahib gurdwara without obtaining… Continue reading India wants visa-free travel to Kartarpur
Prices slashed for 463 cancer drugs
The National Pharmaceutical Pricing Authority (NPPA) has invoked powers under Drugs (Prices Control) Order,2013 and brought 463 non-scheduled cancer medicines under price control.This will reduce the trage margin of the drug.The trade margin is the difference between the price at which the manufacturers sell to trade and the price that patients pay(maximum retail price). NPPA… Continue reading Prices slashed for 463 cancer drugs
Arbitral award:SC poser to Singh brothers
Supreme Court has directed former promoters of Fortis Healthcare Ltd to come up with a plan on how they can pay over ₹3,500 crore to Japanese drugmaker Daiichi Sankyo as directed by a Singapore arbitration tribunal. In February,2018,Singh brothers resigned as directors from the Fortis company’s board following the Delhi High Court order upholding the… Continue reading Arbitral award:SC poser to Singh brothers
Raghu Karnad’s book on war gets Campbell prize
Journalist and author Raghu Karnad has been conferred the prestigious Windham-Campbell Prize for his book, ‘Farthest Field: An Indian Story of the Second World War’. The Donald Windham Sandy M. Campbell Literature Prizes is an American literary award which offers prizes in four categories:(a)fiction (b)nonfiction (c)poetry and (d)drama.The award was established at Yale University in… Continue reading Raghu Karnad’s book on war gets Campbell prize
