The Supreme Court has questioned the need to continue with the rescue operations for trapped miners in a rathole mine in Meghalaya. A coal mine in Meghalaya East Jaintia Hills had collapsed which threw light on a dangerous procedure known as “rat-hole mining”. Rat hole mining involves digging of very small tunnels, usually only 3-4… Continue reading Meghalaya rathole mine tragedy: SC questions need to go on with rescue work but agrees to one ‘last-ditch effort’
Category: Daily Factly articles
Banks may set repo rate as benchmark
The Reserve Bank of India (RBI) has proposed a major change in the way banks price their loans. It said that banks will now have to link the interest rates charged by them on different categories of loans to the external benchmarks instead of the used internal benchmarks. Currently, all loans such as for car… Continue reading Banks may set repo rate as benchmark
U.K. should hand over Chagos islands to Mauritius: ICJ
The International Court of Justice has ruled that the United Kingdom should hand over the administration of the Chagos Islands in the Indian Ocean to Mauritius in order to legally complete its decolonisation. The British government ruled Mauritius from 1810 to 1968.But,under an agreement struck in 1965, in return for compensation to Mauritius and fishing… Continue reading U.K. should hand over Chagos islands to Mauritius: ICJ
Warming imperils clouds that deter ‘hothouse’ conditions
According to a recent research published in the journal Nature Geoscience, stratocumulus clouds could disappear if the amount of carbon dioxide into the atmosphere increases threefold. This could result in steep increase (by about 8 degree Celsius) in Earth’s temperature in addition to the global warming that comes from increased greenhouse concentrations. This would further lead to… Continue reading Warming imperils clouds that deter ‘hothouse’ conditions
Modi opens War Memorial
Prime Minister Narendra Modi has inaugurated the National War Memorial. It is located near India Gate in New Delhi. The memorial has been built in remembrance of soldiers who sacrificed their lives while protecting the country, post-independence. It also commemorates the soldiers who participated and made the sacrifice in Peace Keeping Missions, and Counter Insurgency… Continue reading Modi opens War Memorial
Afghanistan sends first export consignment to India from Chabahar port
Afghanistan has began exports to India through the Chabahar Port. In 2016, India, Iran and Afghanistan inked a pact which included establishment of Transit and Transport Corridor among the three countries using Chabahar Port as one of the regional hubs for sea transportation in Iran, besides multi-modal transport of goods and passengers across the three… Continue reading Afghanistan sends first export consignment to India from Chabahar port
EVM is ‘information’ under Right to Information Act, rule Central Information Commission
Central Information Commission(CIC),the highest appellate body for the RTI applicants has ruled that an Electronic Voting Machine(EVM) is an “information” under the Right to Information Act and can be demanded by an applicant from the Election Commission of India.It said that EVM which is available with the Election Commission is in a material form and… Continue reading EVM is ‘information’ under Right to Information Act, rule Central Information Commission
N. Korea asks Trump to ignore critics
US President and North Korean leader are going to meet for a second summit in Vietnam. The first summit was held at Singapore where they had pledged to work towards the complete denuclearisation of the Korean peninsula. The US administration is persuading North Korea to give up its nuclear weapons programme, which, combined with its… Continue reading N. Korea asks Trump to ignore critics
NPS: minimum assured return scheme on the cards
Pension fund regulatory and Development Authority(PFRDA) is planning on a minimum assured return scheme (MARS) for the subscribers of its flagship social security programme,National Pension System(NPS). Currently, returns on the National Pension System (NPS) are linked to the returns of the underlying instruments such as equity, debt or a mix of both.And if the minimum… Continue reading NPS: minimum assured return scheme on the cards
Smart turn: Karimnagar looks to the sun
The urban local body of Karimnagar, an urban centre in Telangana, has signed MoU with the Telangana State Renewable Energy Development Corporation (TSREDCO) for the generation of 1.45 MW of power through solar rooftop panels. A 2018 study by Mercom Capital India group has ranked Telangana second in India in solar power, generating more than… Continue reading Smart turn: Karimnagar looks to the sun
