News: India’s foreign exchange reserves have fallen by nearly $38 billion since March due to capital outflows linked to the West Asia conflict. To attract overseas investments, the government is reportedly considering reducing the withholding tax rate from 20% to 5%. About Withholding Tax Withholding tax is paid by foreign investors on the interest they… Continue reading Withholding Tax
Category: Daily Factly articles
Neanderthals
News: A new study suggests Neanderthals performed a sophisticated dental procedure around 59,000 years ago using stone tools. About Neanderthals Neanderthals were extinct relatives of modern humans who lived across Europe and parts of Asia. Species: The scientific name of Neanderthals was Homo neanderthalensis. Naming: The name Neanderthal came from the Neander Valley in Germany,… Continue reading Neanderthals
Psyche Probe
News: Psyche Mission spacecraft is set to make a close flyby of Mars to gain a gravity-assisted speed boost that will help guide it toward the metallic asteroid 16 Psyche. About Psyche Probe The Psyche probe is a spacecraft launched in October 2023. Launched by: It was launched by NASA. Destination: It is expected to reach… Continue reading Psyche Probe
Pride of Hills: Special Development Assistance for Hill States Scheme
News: The Centre allocated ₹4,900 crore to Arunachal Pradesh under the newly launched “Pride of Hills” initiative for 2026-27. About Pride of Hills: Special Development Assistance for Hill States” Scheme “Pride of Hills: Special Development Assistance for Hill States” is a special initiative launched under the Special Assistance to States for Capital Investment (SASCI) framework… Continue reading Pride of Hills: Special Development Assistance for Hill States Scheme
Peacock Tarantula
News: A conservation survey of the critically endangered Peacock Tarantula has been launched in the Nagarjunasagar-Srisailam Tiger Reserve. About Peacock Tarantula The Peacock Tarantula (Poecilotheria metallica) is a rare arboreal spider famous for its metallic blue colour and ornamental patterns. Taxonomy: The species belongs to the Theraphosidae family and is classified as a tarantula species… Continue reading Peacock Tarantula
Common Criteria Development Board (CCDB)
News: India was nominated to serve as the Chair of the Common Criteria Development Board from April 2026 to April 2028. About Common Criteria Development Board (CCDB) The Common Criteria Development Board is the technical body that manages international standards for IT security evaluation under the Common Criteria framework. Operates under: The CCDB operates under… Continue reading Common Criteria Development Board (CCDB)
Agalega Islands
News: Agalega Island is becoming a key part of India’s strategy to strengthen its naval presence and monitor important trade routes in the Indian Ocean. About Agalega Islands The Agalega Islands are two islands situated in the Indian Ocean. It is surrounded by the Seychelles to the north, the Maldives, the US base Diego Garcia… Continue reading Agalega Islands
IP Catalyst and Digital Platform
News: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and its accompanying digital platform. About IP Catalyst and Digital Platform Launched by: The Ministry of Electronics and Information Technology (MeitY) has launched the IP Catalyst initiative and a digital platform to accelerate intellectual property commercialization and strengthen India’s innovation… Continue reading IP Catalyst and Digital Platform
Sirhind Fateh Divas of Baba Banda Singh Bahadur Ji
News: Union Home Minister Shri Amit Shah extended greetings on the occasion of Baba Banda Singh Bahadur Ji’s Sirhind Fateh Divas. About Sirhind Fateh Divas of Baba Banda Singh Bahadur Ji Sirhind Fateh Divas is observed annually to commemorate the victory of Baba Banda Singh Bahadur over Sirhind on May 14, 1710. Baba Banda Singh… Continue reading Sirhind Fateh Divas of Baba Banda Singh Bahadur Ji
Global Forest Goals Report 2026
News: A The United Nations released the Global Forest Goals Report 2026 during the 21st session of the UN Forum on Forests. About Global Forest Goals Report 2026 It is a UN assessment report on progress under the UN Strategic Plan for Forests 2017-2030. Released by: The report was released by the United Nations Department… Continue reading Global Forest Goals Report 2026
