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Mutual funds gave over 17 per cent average returns in first half of 2024
In terms of returns, top mutual funds schemes were from the Midcap...
Sensex, Nifty close at record high, media and energy stocks shine
Among the sectoral indices, media, energy, PSU bank, fin services...
From factory to faraway village: behind India’s mammoth vaccination drive
Despite initial glitches, particularly with CO-WIN – a centralised digital platform to roll out and track India’s mammoth vaccination programme – officials in Koraput said the system would suffice for the first two phases.
Tata in talks to launch Moderna COVID-19 vaccine in India
Tata Medical & Diagnostics could team up with the India’s Council of Scientific and Industrial Research to carry out clinical trials of Moderna’s vaccine candidate in India,
Data released in November from Moderna’s late-stage study showed it was 94.1% effective with no serious safety concerns. The shot was approved for use in the United States in December and in Europe earlier this month.
Climate change drives $268 bn global damage from 2020 natural disasters with 64% uninsured:Aon report
“When Natural Disasters and a Pandemic Collide” global annual report explores “connected extremes”
Asia recorded $95 billion in economic damage from natural disasters in 2020. Just 9% was insured; which means the protection gap was 91% further highlighting protection gap vulnerabilities in 2020
Covid-19: India records 14,849 fresh cases, 155 more fatalities
The number of people who have recuperated from the disease has surged to 1,03,16,786, pushing the national COVID-19 recovery rate to 96.83 per cent, while the case fatality rate stands at 1.44per cent.
Privacy fears as Indian city readies facial recognition to spot harassed women
While there is a growing backlash against facial recognition technology in the United States and in Europe, Indian officials have said it is needed to bolster a severely under-policed country, and to stop criminals and find missing children.
But digital rights activists say its use is problematic without a data protection law, and that it threatens the right to privacy, which was declared to be a fundamental right by the Supreme Court in a landmark ruling in 2017.
Okinawa Autotech plans to invest Rs 150 crore to set up new manufacturing unit in Rajasthan
The company, which had recently launched B2B electric two-wheeler – Okinawa Dual, priced at Rs 58,998, targeting the delivery sector, expects sales from the segment to account for around 20 per cent of its total sales.
”We are coming up with a new facility and new products. The total investment in the next fiscal year will be around Rs 150 crore,” Okinawa Autotech Managing Director and Founder Jeetender Sharma told PTI.
Crypto industry has ‘wind in its sails’, 8 companies eye public offerings
The IPO market has been red-hot since last fall as companies rushed to take advantage of the 70% surge in stocks since the March lows. Public debuts and blank-check companies have grown so popular that record after record fell. And first-day pops in share prices, a barometer of investor appetite for newly public firms, are among the biggest in decades.
It has all become too much to ignore for the crypto industry.
The IPO mania alone is enough to stoke bubble worries, but adding crypto to the mix after its record run is fueling concern that investors are setting themselves up for an especially painful comeuppance.
NGT directs UP govt to take action against unregulated solid waste dumping in Yamuna flood plains
“Violation of environment laws is as serious if not more that any other criminal law. Failure of the authorities to check such crimes is failure of the public trust reposed in such authorities for protection of citizens’ rights.
Irdai panel for separate payments of vehicle, insurance premium
The committee recommended that the customer should make payment to the insurance company directly which is facilitated by the MISP.
”MISP shall not collect the insurance premium amount in its own account and then transfer the same to the insurance company,” it added.
According to the report, the motor insurance business sourced by MISPs through brokers and insurers put together constitutes around 25 per cent of the total motor insurance business or around 11.25 per cent of the overall general insurance business.
SAIL planning to set up India”s first gas-to-ethanol plant in Chandrapur
Mukesh Kumar, the Director of Steel Research & Technology Mission of India (SRTMI) told PTI that the plan is in line with the government”s aim to reduce the country”s dependence on import for crude oil besides addressing the issue of carbon emissions.