Air fares has increased causing inconvenience to passengers. The rise in air fares has been due to demand and supply gap after a large number of aircrafts were grounded due to variety of reason such as a) safety precaution, b) maintenance issues, c) financial crisis of airlines, and, d) shortage of pilots. The Directorate General… Continue reading Fares fly high as planes grounded
Category: Daily Factly articles
BJP Confident that PRC won’t hurt its poll prospects in Arunachal Pradesh
The Government in Arunachal Pradesh expects that controversy surrounding the issuance of permanent resident certificate (PRC) will not have any impact on the elections. Permanent resident certificate is a legal document issued to Indian citizens that serves as evidence of residence and is required to be submitted as residential proof for official purpose.It is a… Continue reading BJP Confident that PRC won’t hurt its poll prospects in Arunachal Pradesh
Environment damage behind a quarter of premature deaths, diseases: UN report
The 6th Global Environment Outlook (GEO) has been released at the 4th session of UN Environment Assembly. The 4th session is being held at Nairobi, Kenya from 11-15 March, 2019. The theme for the session is “Innovative Solutions for Environmental Challenges and Sustainable Consumption and Production”. The United Nations Environment Assembly was created in 2012… Continue reading Environment damage behind a quarter of premature deaths, diseases: UN report
India could save trillions in healthcare costs if Paris climate goals are met: Global Environmental Outlook
The 6th Global Environment Outlook (GEO) has estimated that India could save at least $3 trillion in healthcare costs if it implemented policy initiatives coherent to the Paris Agreement. The 6th GEO has been released at 4th session of UN Environment Assembly, being held in Nairobi, Kenya. The Paris agreement (2015) is an international agreement… Continue reading India could save trillions in healthcare costs if Paris climate goals are met: Global Environmental Outlook
RBI to inject liquidity via forex swaps
The Reserve Bank has decided to inject long-term liquidity into the system through foreign exchange swap arrangement.The word swap means exchange.Under this arrangement,banks would be required to keep dollar funds with RBI with a deal to buy it back from the RBI after three years. Swap is a new tool to enhance liquidity in the… Continue reading RBI to inject liquidity via forex swaps
Bidders seek extension for Pawan Hans bids
The bidders of Pawan Hans have sought extension to submit their financial bids for buying the government and Oil and Natural Gas Corporations (ONGC) stake in the helicopter service provider.The government holds 51%stake in Pawan Hans.The remaining 49% is with state-run ONGC. Last year,government had invited bids from entities,saying that along with its 51 per… Continue reading Bidders seek extension for Pawan Hans bids
Government to Raise Rs 3,500 Crore Via CPSE ETF Sale
The government has planned to launch an additional offering of Central Public Sector Enterprises (CPSE) Exchange Traded Fund (ETF).It seeks to raise at least Rs 3,500 crore in disinvestment. The government disinvestment target for the current fiscal year(2018-19) is Rs 80,000 crore.While,for the next fiscal (2019-2020),the government has set disinvestment target of Rs 90,000 crore.Disinvestment… Continue reading Government to Raise Rs 3,500 Crore Via CPSE ETF Sale
Pak. Army eyes key role in developing giant copper & gold mine
Pakistan’s military is participating in the development of Reko Diq Mine as it considers it as a strategic national asset. However,the mine is facing problems due to (a)multi-billion dollar legal dispute with foreign mining firms and (b)inability to attract foreign investment as Pakistan is under economic crisis. Reko Diq Mine is one of the world’s… Continue reading Pak. Army eyes key role in developing giant copper & gold mine
SC rejects Meghalaya miners’ plea on coal transportation
The Supreme Court has refused to allow miners to transport extracted coal lying at various sites in Meghalaya.There have been allegations that mine owners are misusing the relaxation on transportation of extracted coal to flout the ban on rat-hole mining. Earlier,The National Green Tribunal (NGT) had banned rat-hole mining in 2014,and retained the ban in… Continue reading SC rejects Meghalaya miners’ plea on coal transportation
HC reserves verdict on plea against BCCI representing India
The Madras High Court has reserved its order on a PIL seeking direction to authorities for initiating legal action against the BCCI.The petitioner said that BCCI has no authority to represent the country at international events without the government’s approval. The petitioner contended that (a)BCCI derived its logo from the British Raj emblem “The order… Continue reading HC reserves verdict on plea against BCCI representing India
