Nine Iranian drug smugglers have been arrested off Gujarat’s Porbandar coast in a joint operation by the Gujarat Anti-Terrorist Squad, Marine Task Force and Indian Coast Guard. 100 kg heroin worth Rs 500 crore has been seized. The smugglers had picked up the consignment of drugs from Gwadar port in Pakistan. The consignment was owned… Continue reading Iranian drug smugglers nabbed in operation off Gujarat coast
Category: Daily Factly articles
‘Deposits ordinance does not cover gold schemes’
Tax experts have said that the Banning of Unregulated Deposit Schemes Ordinance, 2019 does not cover gold schemes. There has been a lack of clarity on whether deposits taken by jewellers from customers falls under the ambit of the ordinance. Several gold jewellers across India run monthly deposit schemes to improve liquidity for working capital… Continue reading ‘Deposits ordinance does not cover gold schemes’
Vedanta finds oil in Krishna Godavari basin
Vedanta Limited has notified the Management Committee, Directorate General of Hydrocarbons and Ministry of Petroleum and Natural Gas of an oil discovery in the Krishna Godavari basin. Oil has been discovered in the second exploratory well H2, located in the offshore block KG-OSN-2009/3, Krishna-Godavari basin. The Krishna Godavari basin is a proven petroliferous basin with… Continue reading Vedanta finds oil in Krishna Godavari basin
India reassures global community after test
In a special address to the nation, Prime Minister Narendra Modi has said that India has successfully completed Mission Shakti, led by Defence Research and development Organization (DRDO). A low-orbit satellite was shot down using anti-satellite (ASAT) missile. After the ASAT missile testing, India assured the world that the test was a defensive move aimed… Continue reading India reassures global community after test
66% employers looking for different skills than three years ago’
A new study released by the International Labour Organisation in collaboration with the International Organisation of Employers has revealed recruiting people with relevant skills is a major challenge for businesses in India. The report has revealed that 66% of Indian businesses look for quite different skills in new recruits than that they looked for 3… Continue reading 66% employers looking for different skills than three years ago’
EC to check for code violation
The Election Commission (EC) has set up a committee to examine whether Prime Minister’s address to the nation is in violation with the Model Code of Conduct. In a special address to the nation, Prime Minister Narendra Modi had announced that India has successfully completed Mission Shakti, an anti-Satellite missile test. Opposition parties had alleged… Continue reading EC to check for code violation
Pakistan acts to defuse tensions with Afghanistan
Pakistan’s foreign ministry has clarified that the remarks made by Pakistan PM had been taken out of context and misinterpreted.It said that Pakistan has no other interest in Afghanistan but to promote peace through an Afghan owned and Afghan led political process. Recently,Afghanistan had recalled its ambassador from Pakistan over statements made by Pakistan Prime… Continue reading Pakistan acts to defuse tensions with Afghanistan
After FATF,Asia-Pacific group may also grey-list Pakistan
Pakistan is facing the risk of being greylisted by the Asia Pacific Group (APG).Pakistan has a high non-compliant rate of nearly 70% on 40 recommendations against money laundering and terrorist financing. Earlier,Financial Action Task Force (FATF) had decided to keep Pakistan on its grey list.It means downgrading of the country by institutions like IMF,World Bank,ADB,EU… Continue reading After FATF,Asia-Pacific group may also grey-list Pakistan
First Indian Army Mountaineering Expedition to Mt Makalu flags off
Director General of Military Training has flagged off the first Indian Army Mountaineering Expedition to Mount Makalu. Mount Makalu is the fifth highest mountain in the world at 8,485 meters (27,838 ft),whose shape is a four-sided pyramid. It is located in the Mahalangur Himalayas 19 km(12 mi) southeast of Mount Everest,on the border between Nepal… Continue reading First Indian Army Mountaineering Expedition to Mt Makalu flags off
Political parties most distrusted, Army, judiciary win people’s trust,’ says study
A public opinion survey titled “Politics and Society between Elections 2019” has revealed that political parties are the most distrusted institutions in India. Army has emerged as the most trusted institution with an effective trust rate of 88%. Judiciary including the Supreme Court, High Courts and district court had an effective trust rate of more… Continue reading Political parties most distrusted, Army, judiciary win people’s trust,’ says study
