What is the News? The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22. Theme of the Report: ‘Revive and Reconstruct’ in the context of nurturing a durable recovery post-Covid and raising trend growth in the medium-term. What are the key highlights from the report? Covid-19 Impact… Continue reading Economy may take more than a decade to overcome COVID-19 losses: RBI report
Category: Daily Factly articles
Explained: Why US wants to ban menthol cigarettes, and what ‘racial justice’ has to do with it
Contents1 What is the News?2 What is the proposal of the US on Menthol Cigarettes?3 Which countries have already banned menthol cigarettes?4 What about India on Menthol Cigarettes?5 What will be the impact of the menthol cigarettes ban in India? What is the News? The US Food and Drug Administration has issued a proposal to… Continue reading Explained: Why US wants to ban menthol cigarettes, and what ‘racial justice’ has to do with it
Explained: Who are the Hattis of Himachal Pradesh, and why do they want ST status?
What is the News? The Union Home Minister has assured the Chief Minister of Himachal Pradesh that the Centre would consider the request for inclusion of the Hatti community in the list of Scheduled Tribes. What is the Hatti Community? The Hatti community is largely concentrated in the Trans-Giri area of the Sirmaur district in… Continue reading Explained: Who are the Hattis of Himachal Pradesh, and why do they want ST status?
Swachh Bharat Mission-Urban 2.0 launches National Behaviour Change Communication Framework for Garbage Free Cities
What is the News? The Ministry of Housing and Urban Affairs has launched the ‘National Behaviour Change Communication Framework for Garbage Free Cities’. What is the National Behaviour Change Communication Framework for Garbage Free Cities? Launched by: Ministry of Housing and Urban Affairs under Swachh Bharat Mission-Urban 2.0. Aim: To strengthen the ongoing Jan Andolan… Continue reading Swachh Bharat Mission-Urban 2.0 launches National Behaviour Change Communication Framework for Garbage Free Cities
Museum Grant Scheme: Andhra Pradesh Archaeology museum at Eluru to display 400 artifacts from early historic period
What is the News? The Ministry of Culture has granted Rs 3.75 crore under the ‘Upgradation of Museums Scheme’ as part of the Museums Grant Scheme for the Rs 5-crore project in Eluru town, Andhra Pradesh. What is the Museum Grant Scheme? Launched by: Ministry of Culture in 2013. Aim: To strengthen and modernize the… Continue reading Museum Grant Scheme: Andhra Pradesh Archaeology museum at Eluru to display 400 artifacts from early historic period
India and EU comprehensive free trade deal to be finalized by 2024
What is the News? India and the European Union are set to hold an initial round of negotiations on a Free Trade Agreement(FTA) in June with the aim of concluding an FTA by late 2023 or early 2024. Note: EU is the third-largest trading partner for India after the US and China. India-EU Free Trade… Continue reading India and EU comprehensive free trade deal to be finalized by 2024
New smart machine for making welding operations faster, energy-efficient and eco-friendly
What is the News? Researchers have developed a smart Internet of Things(IoT) integrated machine called “Magnetically Impelled Arc Butt Welding Equipment”. What is Magnetically Impelled Arc Butt(MAIB) Welding Equipment? It is an Internet of Things(IoT) integrated machine developed for welding ferrous tubes faster than conventional fusion welding or solid-state processes. This machine has several benefits… Continue reading New smart machine for making welding operations faster, energy-efficient and eco-friendly
RBI asks SEBI to act against agencies for loan rating gaps
What is the News? The Reserve Bank of India(RBI) wants the Securities and Exchange Board of India(SEBI) to widen its role and take action against rating agencies that are found deficient in rating loans. What does SEBI regulate currently? Currently, It is observed that the SEBI’s enforcement and punitive actions against rating agencies have lapses… Continue reading RBI asks SEBI to act against agencies for loan rating gaps
Heatwaves linked to man made Climate Change
Contents1 What is the News?2 What is Heatwave?3 How is Climate Change impacting Heatwaves and other conditions?4 What should India do to fight against the impact of Climate Change? What is the News? According to Scientists, India’s long spell of Heatwaves is significantly due to human-induced climate change. What is Heatwave? According to the Indian… Continue reading Heatwaves linked to man made Climate Change
Qualcomm and MeitY’s Centre for Development of Advanced Computing (C-DAC) partner to support Indian semiconductor startups
What is the News? Qualcomm India has announced the launch of the Qualcomm Semiconductor Mentorship Program(‘QSMP’) 2022. What is the Qualcomm Semiconductor Mentorship Program(QSMP) 2022? Launched by: Qualcomm India in collaboration with C-DAC (Centre for Development of Advanced Computing). Aim: To support selected semiconductor startups by providing them mentorship, technical training and industry outreach. Under… Continue reading Qualcomm and MeitY’s Centre for Development of Advanced Computing (C-DAC) partner to support Indian semiconductor startups
