News: The Ministry of Labour and Employment released the draft National Labour & Employment Policy – Shram Shakti Niti 2025 for public consultation. About Draft National Labour & Employment Policy — Shram Shakti Niti 2025 The draft presents a renewed vision for a fair, inclusive, and future-ready world of work aligned with the national aspiration… Continue reading Draft National Labour & Employment Policy — Shram Shakti Niti 2025
Category: Daily Factly articles
Electronic Bank Guarantees (e-BGs)
News: During the Global Fintech Fest 2025, the National e-Governance Division and National E-Governance Services Limited signed a MoU to link Entity Locker with the Digital Document Execution platform for electronic bank guarantees (e-BGs). About Electronic Bank Guarantees (e-BGs) Paper BG: The Paper BG in India are issued as paper documents by banks, on request… Continue reading Electronic Bank Guarantees (e-BGs)
Moscow Format
News: India has recently participated in the 7th Moscow Format Consultations in Moscow along with Russia, China, Iran and Central Asian countries. About Moscow Format It is a regional platform where neighbouring and major regional countries coordinate practical approaches to the Afghan peace settlement. Aim: It aims to coordinate regional approaches for an Afghan settlement,… Continue reading Moscow Format
Humpback Mahseer Fish and Lion-Tailed Macaque
News: Tamil Nadu government has sanctioned Rs. 1 crore for a new conservation programme aimed at protecting four lesser-known endangered species including the lion-tailed macaque, Madras hedgehog, striped hyena, and hump-headed mahseer fish. About Humpback Mahseer Fish The Humpback Mahseer (Hypselobarbus mussullah) is a large and striking freshwater fish. Family: Cyprinidae. It is endemic to… Continue reading Humpback Mahseer Fish and Lion-Tailed Macaque
Foreign Currency Settlement System (FCSS)
News: Recently, Finance Minister Nirmala Sitharaman launched the foreign currency settlement system in GIFT City. About Foreign currency settlement system (FCSS) Launched by: The International Financial Services Centres Authority (IFSCA) The IFSCA has authorised CCIL IFSC Limited (CIL) to operate the FCSS under the relevant provisions of the Payment and Settlement Systems Act, 2007. Standard… Continue reading Foreign Currency Settlement System (FCSS)
Operation HAECHI-VI
News: Recently, the Central Bureau of Investigation (CBI) has arrested eight individuals and identified 45 suspects as part of Operation HAECHI-VI. About Operation HAECHI-VI Operation HAECHI-VI is an international law enforcement operation launched by INTERPOL. It aimed to target transnational cyber-enabled financial crimes in 40 countries. It targets seven major categories of cyber-enabled financial crimes:… Continue reading Operation HAECHI-VI
Securities Transaction Tax (STT)
News: On October 6, 2025, the Supreme Court decided to examine a plea challenging the constitutional validity of the Securities Transaction Tax under the Finance Act, 2004. About Securities Transaction Tax (STT) It is a direct tax on every purchase and sale of securities listed on recognised stock exchanges in India. Introduced in: It was… Continue reading Securities Transaction Tax (STT)
Supermoon
News: An incredible supermoon was visible on October 7 and will appear again twice in November and December across India. About Supermoon A “supermoon” occurs when a full Moon coincides with the Moon’s closest approach to Earth in its elliptical orbit, a point known as perigee. Term coined by: The term “supermoon” was popularised by astrologer Richard Nolle… Continue reading Supermoon
Schedule M Norms
News: 18 States use the Online National Drugs Licensing System (ONDLS), but none has fully met the Corrective and Preventive Action (CAPA) requirements under the revised Schedule M norms. About Schedule M Norms Schedule M prescribes Good Manufacturing Practices (GMPs) to ensure medicines are safe, effective, and of consistent quality. Legality: It is a key… Continue reading Schedule M Norms
Nobel Prize for Physics 2025
News: The 2025 Nobel Prize in Physics has been conferred upon three scientists for their groundbreaking experiments that turned quantum physics from a purely theoretical concept into practical, real-world technology. About Nobel Prize for Physics 2025 Nobel Prize for Physics 2025 was awarded to John Clarke, Michel Devoret, and John Martinis. They were honoured by… Continue reading Nobel Prize for Physics 2025
