The attack affected C-Edge Technologies, a provider of banking...
Category:
Eco/Invest/Demography
Latest
Centre alerted Kerala govt on July 23, Amit Shah tells RS on Wayanad disaster
Union Home Minister Amit Shah "Everyone is questioning the...
Global accounting body wants more rigour in showing climate impacts
Investors have said they want to know whether assets will retain...
10 million additional girls at risk of child marriage due to COVID-19 – UNICEF
The report warns that school closures, economic stress, service disruptions, pregnancy, and parental deaths due to the pandemic are putting the most vulnerable girls at increased risk of child marriage.
Russian, Chinese hackers targeted Europe drug regulator
The Amsterdam-based European drug regulator in December reported a cyberattack in which documents relating to COVID-19 vaccines and medicines were stolen and leaked on the internet.
Delhi Govt to provide scrapping incentives under Delhi EV Policy: Gadkari
The Delhi Government order issued on February 25, 2021 in this regard mandates conversion of all vehicles owned/leased by the Government of NCT of Delhi to transition to electric by Aug 6, 2021, the minister said. ”Under the Delhi EV Policy, 2020 —scrapping incentive is provided for the vehicles in lieu of scrapping a more polluting conventional vehicle.
Number of vehicles per thousand population rose considerably in Delhi: Eco survey
The total motorized vehicles in Delhi rose to 1.18 lakh crore by March 31, 2020, it said. Car and jeeps accounted for around 28 per cent of the total registered motorized vehicles, whereas two-wheelers are about 67 per cent of the total registered vehicles in the city, it said.
Covid-19 travel insurance becoming a vacation staple
The market for all types of Covid-19 travel coverage is estimated to be between $30 billion to $40 billion a year, according to travel insurance consultant Robyn Ingle, with companies like AXA and AIG underwriting protection.
Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist destinations of getting hit with bills should vacationers become stranded by the virus.
More than a dozen countries from Aruba to Thailand require Covid-19 coverage for visitors, with Jordan the latest to consider such protections, organizers of an emergency services plan told Reuters.
India at forefront in fighting Covid-19, stands out in terms of vaccine policy: Gita Gopinath
The IMF has projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.
Crisil not sure about strength of credit qualit
Maintaining a cautiously optimistic outlook on credit quality for the near to medium-term, a Crisil director Akshay Chitgopekar said they are watching the normalisation of economic activity, agriculture performance and rural demand, the flow of investments into infrastructure to gauge the level and sustainability of the recovery seen from last October.
A second wave of the pandemic, especially with mutations that undermine the effectiveness of current vaccines, leading to containment measures can derail the ongoing recovery, he warned.
COVID-19 vaccine rollout by India has ‘rescued the world’ from pandemic: top US scientist
India has provided 56 lakh doses of coronavirus vaccines under grants assistance to a number of countries. The vaccines were sent to Sri Lanka, Bhutan, Maldives, Bangladesh, Nepal, Myanmar and Seychelles.
There has also been a boost in the collaborative medical partnerships emerging between the US and India during this pandemic. In addition, India is one of the fourth largest destinations in Asia for medical devices manufacturing and many US companies have expressed interest in collaborating on this front,” Mahajan said.
COVID-19: India records 18,599 new cases, 97 fresh fatalities
Maharashtra, Kerala, Punjab, Karnataka, Gujarat and Tamil Nadu are the six states that cumulatively account for 86.25 per cent of the new coronavirus cases reported in the past 24 hours, the Health Ministry said on Monday.
Maharashtra has reported the highest daily new cases at 11,141, followed by Kerala with 2,100 and Punjab with 1,043 new infections, the ministry said.
Govt proposes to hike in LIC’s authorised capital to Rs 25,000 cr
Currently, the paid-up capital of the life insurance company with over 29 crore policies is Rs 100 crore. Starting with an initial capital of Rs 5 crore in 1956, LIC has an asset base of Rs 31,96,214.81 crore.
The authorised share capital of LIC shall be Rs 25,000 crore divided into 2,500 crore shares of Rs 10 each, as per the amendments proposed in the Life Insurance Corporation Act, 1956.
The amendments proposed as part of Finance Bill 2021 will lead to the setting up of a board with independent directors in line with listing obligations.
According to one of the 27 proposed amendments, the central government will hold at least 75 per cent in LIC for the first five years post the IPO, and subsequently hold at least 51 per cent at all times after five years of the listing.