What is the news? The Minister for Environment, Forest and Climate Change has released the ‘India State of Forest Report 2021’. What is India State of Forest Report (ISFR) 2021? It is a biennial report released by the Forest Survey of India(FSI). Purpose: The report provides information on forest cover, tree cover, mangrove cover, growing… Continue reading Delhi’s forest cover lost for first time in a decade
Category: Daily Factly articles
India extends $900 mn aid to Sri Lanka
Contents1 What is the news?2 What is Currency Swap?3 Why has India signed the Currency Swap agreement with Sri Lanka?4 What is Asian Clearing Union (ACU)? What is the news? India has confirmed a $400 million currency swap with Sri Lanka while deferring another $500 million due for settlement to the Asian Clearing Union(ACU). What… Continue reading India extends $900 mn aid to Sri Lanka
India and UK Launch Free Trade Agreement Negotiations
Contents1 What is the news?2 What will be the aim of the India-UK FTA?3 What will the India-UK FTA contain?4 What is the significance of India-UK FTA? What is the news? India and the United Kingdom (UK) have formally launched negotiations for an ambitious Free Trade Agreement (FTA). What will be the aim of the… Continue reading India and UK Launch Free Trade Agreement Negotiations
Rare delight as Black eagle seen in Delhi after three years
Contents1 What is the news?2 What is Black Eagle?3 What is the significance of spotting Black Eagle in Delhi?4 About Asola Bhatti wildlife sanctuary What is the news? Black eagle was spotted in Delhi after three years. Experts have called this a rare phenomenon in the Aravallis. What is Black Eagle? Black eagle is a… Continue reading Rare delight as Black eagle seen in Delhi after three years
Environmental crises pose biggest threats to global population over next decade: WEF Global Risks Report 2022
What is the news? The Global Risks Report 2022 has been released. What is the Global Risks Report? Global Risks Report is an annual report released by the World Economic Forum. The report was based on a survey that tracks global risk perceptions among risk experts and world leaders in business, government and civil society. … Continue reading Environmental crises pose biggest threats to global population over next decade: WEF Global Risks Report 2022
Spectacular landscape changes detected in Gujarat’s Kachchh region due to major earthquakes in recent geological past
Contents1 What is the news?2 Seismicity in Kachchh Region3 What is the study undertaken by the Geologists?4 What are the key findings of the study?5 What is the significance of the study? What is the news? According to a study, major earthquake events in the last 30,000 years resulted in spectacular changes in the landscape… Continue reading Spectacular landscape changes detected in Gujarat’s Kachchh region due to major earthquakes in recent geological past
Diksha Dagar, Yash Ghangas included in Target Olympic Podium Scheme
What is the news? Haryana-based golfer Diksha Dagar and Judoka Yash Ghangas have been included in the Target Olympic Podium Scheme (TOPS) in the Core and Development groups respectively. Moreover, Mission Olympic Cell (MOC) has approved financial assistance for wrestlers Bajrang Punia and Sunil Kumar for foreign exposure training. What is the Target Olympic Podium… Continue reading Diksha Dagar, Yash Ghangas included in Target Olympic Podium Scheme
A code for the committee of creditors
News: Parliamentary Standing Committee of Finance in its report had argued for the need to have a professional code of conduct for the committee of creditors. After this Insolvency and Bankruptcy Board of India (IBBI) had issued a discussion paper proposing a code of conduct (code) for the Committee of Creditors (CoC) to ensure transparency in its functioning. Why there is need… Continue reading A code for the committee of creditors
POWERGRID and Africa50 in Joint Development Agreement, to pioneer Africa’s first transmission PPP project in Kenya
What is the news? Power Grid Corporation of India Limited (POWERGRID) has signed a Joint Development Agreement with Africa50 to develop the Kenya Transmission Project. What is the Kenya Transmission Project? The Project aims to develop power transmission lines in Kenya under a public-private partnership framework. Under the project, POWERGRID will provide technical and operational… Continue reading POWERGRID and Africa50 in Joint Development Agreement, to pioneer Africa’s first transmission PPP project in Kenya
Writ petition not maintainable against proceedings by banks: SC
What is the news? The Supreme Court has observed that a writ petition by borrowers challenging proceedings under SARFAESI Act initiated by Bank/Asset Reconstruction Companies is not maintainable. What was the case about? A writ petition was filed in the Karnataka High Court by borrowers challenging proceedings under SARFAESI Act initiated by Asset Reconstruction Company… Continue reading Writ petition not maintainable against proceedings by banks: SC
