News: The Reserve Bank of India (RBI) has issued revised guidelines to strengthen the co-lending framework between banks and non-bank financial companies (NBFCs). RBI Tightens Co-lending Norms Co-lending: It is a brilliant example of financial teamwork where two financial institutions, like a big bank and an NBFC, team up to give out loans together. It… Continue reading RBI Tightens Co-lending Norms
Category: Daily Factly articles
Employee Stock Option Plan (ESOP)
News: Mahindra to gift Rs. 500 cr. in company stock to over 14,000 workers as Diwali bonus through Restricted Stock Units (RSUs), a form of employee stock option plan (ESOP). About Employee Stock Option Plan (ESOP) An Employee Stock Option Plan (ESOP) is a benefit scheme where companies offer employees the right to buy shares… Continue reading Employee Stock Option Plan (ESOP)
Mount Kilimanjaro
News: Arunachal mountaineer Kabak Yano successfully summits Mount Kilimanjaro. About Mount Kilimanjaro Location– northeastern Tanzania. Type– Stratovolcano – composed of layers of ash, lava, and rock. Its highest point is the Kibo summit, which rises to 19,340 feet (5,895 metres), making it the tallest mountain in Africa. Kilimanjaro has three main volcanic peaks: Kibo, Mawensi,… Continue reading Mount Kilimanjaro
Krill
News: The krill fishing season near Antarctica ended earlier than planned after trawlers reached the catch limit for these tiny crustaceans. About Krill Krill are tiny, shrimp-like crustaceans that are semi-transparent and typically measure about 1 inch in length, weighing only a fraction of an ounce. Behavior– They live in massive swarms. Habitat: Found across… Continue reading Krill
WHO Classifies Hepatitis D as Cancer-Causing
News: The World Health Organisation (WHO) recently announced the reclassification of hepatitis D as cancerous, emphasising the urgency for preventing viral hepatitis, which is a growing public health crisis. About Hepatitis D Hepatitis D is an inflammation of the liver caused by the hepatitis D virus (HDV), which requires hepatitis B virus (HBV) for its… Continue reading WHO Classifies Hepatitis D as Cancer-Causing
Biochar
News: The CO2 removal technologies such as biochar are expected to play a crucial role as the Indian carbon market set to be launched in 2026. About Biochar Biochar is a type of charcoal rich in carbon and is produced from agricultural residue and organic municipal solid waste (also called biomass). Purpose: The main purpose… Continue reading Biochar
World Food Programme (WFP)
News: India launched a new collaborative initiative with the support of the UN World Food Programme to strengthen Rice Fortification and Supply Chain Management in Nepal. About World Food Programme (WFP) It is an international organization within the United Nations (UN) that provides food assistance worldwide. Aim: It aims to eradicate hunger and malnutrition. It… Continue reading World Food Programme (WFP)
Leap-1 Mission
News: Dhruva Space is preparing to launch its first commercial satellite mission called LEAP-1. About Leap-1 Mission It is the first commercial satellite mission launched by India’s space-tech startup, Dhruva Space. LEAP-1 marks Dhruva Space’s transition from tech demonstration to full-scale commercial satellite deployment. Launch Timeline & Vehicle: Scheduled for Q3 2025 aboard SpaceX’s Falcon… Continue reading Leap-1 Mission
Intermediate-Range Nuclear Forces (INF) Treaty
News: Russia has officially announced that it no longer considers itself bound by the INF Treaty. About the Intermediate-Range Nuclear Forces (INF) Treaty: The Intermediate-Range Nuclear Forces (INF) Treaty obligated the United States and the Soviet Union to eliminate and permanently renounce all of their nuclear and conventional ground-launched ballistic and cruise missiles with ranges… Continue reading Intermediate-Range Nuclear Forces (INF) Treaty
Flash Floods and Cloudbursts
News: A cloudburst led to flash floods in the high altitude villages of Uttarkashi, killing four people, leaving at least 60 people missing. About Flash Floods and Cloudbursts A flash flood occurs when an overwhelming quantity of water rushes into an area over a very short time – often within minutes or hours of intense… Continue reading Flash Floods and Cloudbursts
