News: The Insurance Regulatory and Development Authority of India (IRDAI) has taken a significant step to control the steep rise in health insurance premiums for senior citizens. It has issued a directive capping annual premium hikes at 10% for health insurance policies covering individuals aged 60 years and above. About IRDAI The Insurance Regulatory and… Continue reading Insurance Regulatory and Development Authority of India (IRDAI)
Category: Daily Factly articles
Asteroid Bennu
News: Asteroid Bennu has been making headlines due to NASA’s OSIRIS-REx (Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer) mission, which aims to collect and return samples from the asteroid to Earth. About Asteroid Bennu Bennu is a near-Earth asteroid located about 200 million miles away from Earth. It was discovered in 1999 by the NASA-funded… Continue reading Asteroid Bennu
Paris AI Summit 2025
News: France is hosting a two-day AI Action Summit beginning on February 10. The summit will be co-chaired by Indian Prime Minister along with French President. About Paris AI Summit It is the brainchild of French President Emmanuel Macron. The initiative focuses on the broader agenda of global AI governance, innovation, and on means… Continue reading Paris AI Summit 2025
National Critical Mineral Mission
News: The Union Cabinet has approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs. 16,300 crores. About National Critical Mineral Mission It aims to intensify the exploration of critical minerals both within the country as well as in its offshore areas, creating a fast-track regulatory approval process for critical… Continue reading National Critical Mineral Mission
TEAM Initiative
News: The Trade Enablement and Marketing (TEAM) initiative has been launched under the Raising and Accelerating MSME Productivity (RAMP) Programme of the Ministry of MSMEs to boost digital commerce for MSMEs. About TEAM Initiative The initiative aims to empower MSMEs with digital tools and guidance by integrating them with the ONDC (Open Network for Digital Commerce). … Continue reading TEAM Initiative
Key Facts about Democratic Republic of Congo (DRC)
News– The M23 rebels in the Democratic Republic of Congo (DRC) have taken control of Goma, a key city in North Kivu Province of the DRC and are moving south toward Bukavu. About Democratic Republic of Congo (DRC) Location & Size: Located in Central Africa, DRC is the 2nd largest country in Africa and 11th… Continue reading Key Facts about Democratic Republic of Congo (DRC)
China’s ‘Artificial sun’ EAST
News- Recently China’s ‘artificial sun’, the Experimental Advanced Superconducting Tokamak (EAST) reactor, sustained plasma for 1,000 seconds, breaking its 2023 record of 403 seconds. About Experimental Advanced Superconducting Tokamak (EAST) reactor It is a fusion research device located at the Institute of Plasma Physics of the Chinese Academy of Sciences (ASIPP) in Hefei, China. It… Continue reading China’s ‘Artificial sun’ EAST
Mutual Credit Guarantee Scheme for MSMEs
News– The Union government recently approved the introduction of a new credit guarantee scheme for the micro, small and medium enterprises (MSMEs) that was announced in the FY25 Budget. About Mutual Credit Guarantee Scheme for MSMEs Aim- To provide 60% guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions… Continue reading Mutual Credit Guarantee Scheme for MSMEs
Organophosphate
News- Recently, doctors treating patients from J&K’s Baddal village said that organophosphate could be behind the 17 deaths that had spread panic in the village. About Organophosphate Organophosphates are chemical compounds formed through the esterification process involving phosphoric acid and alcohol. Esterification is a chemical reaction where two reactants like alcohol and acid combine to… Continue reading Organophosphate
Key Facts about Lao PDR (People’s Democratic Republic)
News- The Indian Embassy in Lao PDR has successfully rescued 67 Indian nationals who were trafficked and coerced into working in cyber scam centers within the Golden Triangle Special Economic Zone (GTSEZ). About Lao PDR (People’s Democratic Republic) Capital: Vientiane Location: A landlocked country in Southeast Asia, part of the Golden Triangle (a major opium-producing… Continue reading Key Facts about Lao PDR (People’s Democratic Republic)
