The Reserve Bank of India has constituted a task force on the development of secondary market for corporate loans under T N Manoharan. The task force has also been asked to make recommendations for creation of a loan contract registry to remove information asymmetries between buyers and sellers ownership structure and standardisation of loan information,… Continue reading RBI forms task force on corporate loans
Category: Daily Factly articles
Pakistan extends airspace ban till June 15
Pakistan has decided to extend the closure of its airspace along its eastern border with India until June 15. Pakistan had closed the airspace after an Indian Air Force strike on a Jaish-e-Mohammed (JeM) terror camp in Balakot. Pakistan lies in the middle of a vital aviation corridor and the airspace restrictions impact hundreds of… Continue reading Pakistan extends airspace ban till June 15
SpaceX satellites pose new headache for astronomers
Astronomers have raised concerns about Space X’s Starlink. According to astronomers, Starlink satellites may threaten the view of the cosmos and adversely affect scientific discovery. The newly launched each Starlink satellite contain a single solar array, which both captures and bounces sunlight off the satellites and, as a result, can sometimes be seen from Earth.… Continue reading SpaceX satellites pose new headache for astronomers
84 cities submit plans for improving air quality by 2024
The Union Environment Ministry has said that 84 out of 102 non-attainment cities, included in the National Clean Air Programme (NCAP) have submitted city-specific plans to reduce air pollution. In 2019, National Clean Air Programme (NCAP) has been launched for prevention, control and abatement of air pollution in India. It is a five-year action plan… Continue reading 84 cities submit plans for improving air quality by 2024
India elected to Executive Board of first UN-Habitat Assembly
India has been elected to the Executive Board of the first UN-Habitat Assembly. This had happened at the Plenary Session of the UN Habitat Assembly in Nairobi, Kenya.The special theme for the UN-Habitat Assembly is “Innovation for Better Quality of Life in Cities and Communities”. The United Nations Human Settlements Programme(UN-Habitat) is the United Nations… Continue reading India elected to Executive Board of first UN-Habitat Assembly
Operation Safed Sagar
Air Chief Marshal has led the ‘missing man’ formation in a MiG-21 aircraft to pay tributes to Air force personnel who were killed in action during Operation Safed Sagar at Kargil. Operation Safed Sagar was the code name assigned to the Indian Air Force’s role in acting jointly with Ground troops during the Kargil war.… Continue reading Operation Safed Sagar
Sri Lanka, Japan, India sign deal to develop East Container Terminal at Colombo Port
Sri Lanka has signed a deal with India and Japan to jointly develop the East Container Terminal at the Port of Colombo.This terminal would be beneficial for India as around 70% of Colombo Port shipment is related to India. However,India’s role in developing the terminal had been opposed by Sri lankan President as involving foreign… Continue reading Sri Lanka, Japan, India sign deal to develop East Container Terminal at Colombo Port
V D Savarkar’s birth anniversary being celebrated today
Prime minister has paid tribute to VD Savarkar on his birth anniversary. He said that the nation will always remember the sacrifices made by Veer Savarkar during the freedom struggle. Veer Savarkar was born in 1883.Savarkar was an Indian freedom fighter, activist, politician,lawyer, writer and formulator of the Hindutva philosophy. Veer Savarkar had called 1857… Continue reading V D Savarkar’s birth anniversary being celebrated today
NSIC signs MOU with Ministry of MSME
The National Small Industries Corporation Limited(NSIC) has signed an MoU with Ministry of Micro, Small and Medium Enterprises for the year 2019-20. The MoU envisages provision of enhanced services by NSIC under its marketing, financial, technology and other support services schemes for MSMEs in the country. Under the scheme of National SC-ST Hub,implemented by NSIC… Continue reading NSIC signs MOU with Ministry of MSME
HC seeks Centre’s response on plea for raising abortion time period
The Delhi High Court has asked the Centre to respond to a public interest litigation(PIL) for extending the time period to terminate pregnancy to 24 to 26 weeks in case of health risks to the mother or foetus. The petitioner has sought amendment to the Medical Termination of Pregnancy Act,1971 which bars abortion post 20… Continue reading HC seeks Centre’s response on plea for raising abortion time period
