News: The Indian Army contingent departed for Egypt to participate in Exercise Cyclone-IV scheduled at Anshas from 09 to 17 April 2026. About Exercise Cyclone-IV It is a joint special forces exercise conducted between India and Egypt. Aim: It aims to enhance joint mission planning capabilities and improve interoperability through the exchange of best practices… Continue reading Exercise Cyclone-IV
Category: Daily Factly articles
Gourami Fossils
News: Scientists discovered freshwater fish fossils in Saharanpur, including first gourami fossil in India and second globally, indicating a Pliocene ecosystem. About Gourami Fossils The Gourami fossils are freshwater fish remains identified through otolith structures from ancient ecosystems. Discovered by: The fossils were discovered by scientists led by Dr. Ningthoujam Premjit Singh of the Wadia… Continue reading Gourami Fossils
Kunming-Montreal Global Biodiversity Framework (GBF) and Protected Planet Report, 2024
News: The recent UNEP reports state that the world still needs to protect an area almost the size of the Indian Ocean by 2030 to reach the 30% target under the Kunming–Montreal Global Biodiversity Framework (KMGBF). About Kunming-Montreal Global Biodiversity Framework (KMGBF) It was adopted during the 15th meeting of the Conference of the Parties… Continue reading Kunming-Montreal Global Biodiversity Framework (GBF) and Protected Planet Report, 2024
International Conference on Spacecraft Mission Operations, SMOPS-2026
News: The second edition of SMOPS-2026 conference is being held from 8–10 April 2026 in Bengaluru, India. About International Conference on Spacecraft Mission Operations, SMOPS-2026 It is a global conference focused on spacecraft mission operations and future space mission management. Organized by: It is jointly organized by ISRO, Astronautical Society of India (ASI), and International… Continue reading International Conference on Spacecraft Mission Operations, SMOPS-2026
RBI Revises Banking Correspondent Classification
News: The Reserve Bank of India proposed restructuring of Business Correspondent framework with new classification, governance norms, and remuneration standards, inviting comments. About RBI Revises Banking Correspondent Classification It introduces a structured framework with defined delivery points, governance norms, and remuneration standards to improve efficiency and oversight. Business Correspondents (BCs): Business Correspondents are individuals or… Continue reading RBI Revises Banking Correspondent Classification
Credit Default Swaps (CDS)
News: RBI kept FPI investment limits unchanged and fixed CDS sale limit at 5% of outstanding corporate bonds for 2026-27. About Credit Default Swaps (CDS) Credit Default Swaps (CDS) is a financial derivative that allows investors to transfer or offset credit risk of a debt instrument. Key Components of a CDS: Parties: CDS involves a… Continue reading Credit Default Swaps (CDS)
Tar-balls Management Rules, 2026
News: The Ministry of Environment, Forest and Climate Change issued draft Tar-balls Management Rules, 2026 to address marine pollution from toxic oil residues. About Tar-balls Management Rules, 2026 These are dedicated rules for managing tar balls pollution across coastal areas. Released by: The rules were issued by the Ministry of Environment, Forest and Climate Change… Continue reading Tar-balls Management Rules, 2026
Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)
News: The Production Linked Incentive (PLI) Scheme for Food Processing Industry (PLISFPI) was launched recently to strengthen India’s food processing sector. About Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) It is a government scheme to modernize and enhance competitiveness of the food processing industry. Nodal Ministry: It has been launched by the Ministry of… Continue reading Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)
King Fahd Causeway
News: The King Fahd Causeway was recently closed following threats of Iranian attacks targeting Saudi Arabia’s Eastern Province. About King Fahd Causeway Location: It is a series of bridges connecting the island nation of Bahrain to Saudi Arabia, spanning the Gulf of Bahrain. Inaugurated: It was started in 1986. Managed and operated by: It is… Continue reading King Fahd Causeway
Nakki Lake and Shaktipeeth of Ambaji Temple
News: Ambaji Temple is set to become a tourism hub with the Rinchhadiya Mahadev Lake project, inspired by Nakki Lake. About Nakki Lake Location: Nakki Lake is a lake situated at Mount Abu in Rajasthan. It is recognized as the first ever manmade lake in India. Height: It is situated at a height of more… Continue reading Nakki Lake and Shaktipeeth of Ambaji Temple
