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Eco/Invest/Demography

Sitharaman’s ‘Economic Vaccine’ coming on Monday; Will Budget 2021-22 go beyond ‘bahi-khata’?

As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.

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India fought COVID-19 pandemic much better than other nations: Vardhan

Emphasising how each and every component of the government acted in sync to control the pandemic, Vardhan noted, ”With all the efforts, it was important to teach COVID-appropriate behaviour, for which our PM personally addressed nation eight to nine times.”

”Caller tune was set to inform COVID-appropriate behaviour; the AarogyaSetu app gave warning of nearby affected people; around 160 million people downloaded it.” Vardhan expressed his deep gratitude to the scientific community for their contribution in developing and testing COVID-19 vaccine.

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COVID-19: India records 13,052 new cases, 127 fatalities

The number of people who have recuperated from the disease surged to 1,04,23,125. The COVID-19 case fatality rate stands at 1.44 per cent.

The total COVID-19 active cases remained below 2 lakh for the 12th consecutive day.

There are 1,68,784 active cases of coronavirus infections in the country which comprises 1.57 per cent of the total caseload, the data stated.

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Insutech Trov to launch cover for fully electric London-based fleet

“This partnership with UFODRIVE is the first of, hopefully, many for Trov within the UK market and highlights the vital convergence of the future of transportation with the future of insurance. We’re delighted to help them manage their holistic risk effectively, so they can focus on bringing more sustainable transport options to consumers and businesses in London and beyond,” said Ed Axon, Global Head of Business Development at Trov.

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Suspected Russian hackers gained edge through tech firm attacks

“Attackers are getting more sophisticated, and pursuing persistence over time instead of smash and grab techniques,” said Jim Jaeger, a former U.S. Air Force brigadier general who is now president and chief cyber strategist at the cyber investigations firm Arete Advisors LLC. “Now they’re aspiring to use cyber-security tools to get inside our networks. They’re taking our safeguards and using them against us.”

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India proposes law to ban cryptocurrencies, create official digital currency

The law will “create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India (RBI),” said the agenda, published on the lower house website on Friday.

The legislation, listed for debate in the current parliamentary session, seeks “to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses,” the agenda said.

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