What is the News? A group of Indian scientists have discovered a new species of eel named “Ariosoma indicum” from the Kalamukku and Digha Mohana fishing harbours in Kerala and West Bengal respectively. What is Ariosoma indicum? Ariosoma Indicum is an eel species that belongs to the Congrid eels group. The term Indicum means that… Continue reading Scientists discover new eel species from Kerala, Bengal
Category: Daily Factly articles
LAUNCH OF SIXTH SCORPENE SUBMARINE ‘VAGSHEER’ AT MAZAGON DOCK LIMITED (MDL)
What is the News? The Defence Secretary has launched INS Vagsheer. It is the last of the Scorpene-class submarines made under Project 75 and can join the Navy fleet within 12-18 months after sea trials. What is INS Vagsheer? INS Vagsheer is the sixth submarine of Project 75 of the Indian Navy. Manufactured by: Mazagon… Continue reading LAUNCH OF SIXTH SCORPENE SUBMARINE ‘VAGSHEER’ AT MAZAGON DOCK LIMITED (MDL)
Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public
What is the News? The government of India has released the Nidhi (amendment) Rules, 2022. This amendment brings changes to the Nidhi Rules,2014 to safeguard the interest of the general public. What are Nidhi Companies? Nidhi companies are a type of non-bank lenders that raise funds exclusively from their members and give loans to them… Continue reading Central Government amends Nidhi Rules, 2014 to safeguard the interest of general public
Explained: Life and legend of Guru Tegh Bahadur, who stood up to the Mughals
What is the News? The Prime Minister will participate in the celebrations of the 400th Parkash Purab of Sri Guru Tegh Bahadur Ji at Red Fort in New Delhi. Who was Guru Tegh Bahadur? Born in: Amritsar in 1621 to Mata Nanki and Guru Hargobind, the sixth Sikh guru. He was the ninth of ten… Continue reading Explained: Life and legend of Guru Tegh Bahadur, who stood up to the Mughals
Sea may inundate many cities by 2050
What is the News? According to a study conducted by a consulting firm RMSI, a significant number of population, property and infrastructure in parts of Chennai, Kochi, Visakhapatnam, Mangaluru, Thiruvananthapuram and Mumbai will be underwater due to rising sea levels by the year 2050. What is the study about? A study was conducted by RMSI,… Continue reading Sea may inundate many cities by 2050
Explained: Smart city’s nerve centre
What is the News? The Union Housing and Urban Affairs Minister has announced that 80 Integrated Command and Control Centres(ICCCs) have already been set up while the remaining 20 will be completed by August 15, 2022. What is an Integrated Command and Control Centre(ICCCs)? ICCCs are an integral component of the Smart Cities Mission. The… Continue reading Explained: Smart city’s nerve centre
Extreme poverty dipped in India: World Bank report
What is the News? The World Bank has published the paper titled ‘Poverty has Declined over the Last Decade But Not As Much As Previously Thought’. What are the key findings of the report? Decline in Extreme Poverty: Extreme poverty in India declined by 12.3 percentage points between 2011 and 2019. It decreased from 22.5%… Continue reading Extreme poverty dipped in India: World Bank report
Colombo Security Conclave Virtual Conference on Investigation of Terrorism Cases
What is the News? The Colombo Security Conclave Virtual Conference on Sharing of experiences in the investigation of terrorism cases was organised by the National Investigation Agency(NIA) of India. What is the Colombo Security Conclave(CSC)? Formed in: 2011 as a trilateral maritime security grouping of India, Sri Lanka and the Maldives. Aim: To provide a… Continue reading Colombo Security Conclave Virtual Conference on Investigation of Terrorism Cases
India’s Non-basmati rice exports grow by 109% since 2013-14 to USD 6115 million
What is the News? As per Government data, India’s non-basmati rice exports witnessed a significant growth of 109% from USD 2925 million in FY 2013-14 to USD 6115 million in FY 2021-22. What has been the trend in the exports of Non-Basmati Rice? Any rice other than Basmati Rice is named as Non- Basmati rice.… Continue reading India’s Non-basmati rice exports grow by 109% since 2013-14 to USD 6115 million
Explained | ‘Poison pill’ and other corporate defence mechanisms to prevent hostile takeovers
What is the News? Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “Poison Pill”. This would make it much more expensive and complicated for the Tesla CEO to take control of Twitter. Acquirer What is Poison Pill? Poison Pill is a corporate defense strategy utilized by a target company to prevent… Continue reading Explained | ‘Poison pill’ and other corporate defence mechanisms to prevent hostile takeovers
