What is the News? The World Bank has released its bi-annual report titled “South Asia Economic Focus”. The report analyzes the economic impact on South Asia of the war in Ukraine, presents growth forecasts and concludes that reshaping economies goes hand in hand with reshaping norms. What are the key findings of the South Asia… Continue reading South Asia Economic Focus: World bank cuts India growth forecast on Ukraine crisis
Category: Daily Factly articles
The functioning of the Enforcement Directorate
What is the News? The Enforcement Directorate(ED) has been in the news for summoning people for possible money laundering cases. What is the Enforcement Directorate(ED)? Read here about ED How did the ED get powers under the Prevention of Money Laundering Act (PMLA)? The PMLA Act was brought in to prevent the parking of money… Continue reading The functioning of the Enforcement Directorate
Centre extends tenure of green permits
What is the News? The Union Environment Ministry has extended the tenure of Environmental Clearances(EC) granted for existing or new projects in several sectors. What is Environmental Clearance(EC)? Environmental Clearance(EC) is a process that is mandatory for projects that are beyond a certain size. Purpose: To assess the impact of the planned project on the… Continue reading Centre extends tenure of green permits
Explained: The Neptune cruise missile that severely damaged a Russian warship
What is the News? Ukraine has claimed that it has damaged the Russian Black Sea Fleet Flagship ‘Moskva’ by Neptune Anti-Ship Cruise Missiles. What is the Neptune Missile? Neptune is a coastal anti-ship cruise missile that is capable of the destruction of naval vessels in a range of 300 km. The missile system was inducted… Continue reading Explained: The Neptune cruise missile that severely damaged a Russian warship
Explained: What is the ‘Long Period Average’, IMD’s benchmark for monsoon prediction?
What is the News? India Meteorological Department(IMD) has released its first Long Range Forecast(LRF) for 2022. What is the Long Range Forecast(LRF) for 2022? According to IMD, India is likely to receive a normal monsoon for the fourth consecutive year. This forecast is based on the Long Period Average(LPA) of the 1971-2020 period. What is… Continue reading Explained: What is the ‘Long Period Average’, IMD’s benchmark for monsoon prediction?
Odisha’s Barbara forest set for an eco-tourism push
What is the News? The Odisha Government is planning to bring the Barbara forest on the ecotourism map. Note: Ecotourism is defined as responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, and involves interpretation and education. What is Barbara Forest? Barbara forest is located near Chilika lake… Continue reading Odisha’s Barbara forest set for an eco-tourism push
‘The purple frog’s lineage is 120 million years old. It has seen Earth itself evolve’
What is the News? New research has been conducted by a biologist on Purple Frog. What is Purple Frog? The purple frog (Nasikabatrachus sahyadrensis), Indian purple frog or pignose frog is a frog species of the genus Nasikabatrachus. Conservation status: IUCN Status: Endangered Discovered in: It was first discovered in 2003 in the Idukki district… Continue reading ‘The purple frog’s lineage is 120 million years old. It has seen Earth itself evolve’
What’s in the new museum to Prime Ministers: concept, content, technology
What is the News? The Prime Minister inaugurated the Pradhanmantri Sangrahalaya at Teen Murti Estate in New Delhi. What is Pradhanmantri Sangrahalaya? Pradhanmantri Sangrahalaya is a museum dedicated to showcase the contributions of all the Prime Ministers since independence. The idea of a museum dedicated to India’s Prime Ministers was first mooted in 2016. It… Continue reading What’s in the new museum to Prime Ministers: concept, content, technology
Navy accelerates indigenisation efforts, focus on weapons and aviation items
What is the News? Indian Navy has taken various efforts towards indigenisation. For this, it has also launched Indian Navy Indigenisation Plan (INIP) 2015-2030 in 2014. What is the Indian Naval Indigenisation Plan (INIP) 2015-2030? Aim: To enable indigenous development of equipment and systems over the next 15 years. The plan aims to involve Defence… Continue reading Navy accelerates indigenisation efforts, focus on weapons and aviation items
India gets S-400 training equipment
What is the News? The delivery of the second squadron of Russia’s S-400 Missile to India is likely to be delayed because of Russia’s ongoing war with Ukraine. However, India has received a tranche of simulator and training equipment for the first squadron of S-400. What is S-400? S-400 Triumf Missile System is a long-range,… Continue reading India gets S-400 training equipment
