The apex court was hearing a plea of the Indian Medical Association...
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India surpasses WHO guidelines with 1:900 doc-to-population ratio: Bhubaneswar Kalita
''As we strive for universal health coverage, it is imperative to...
India’s navy takes control of bulk carrier hijacked by Somali pirates and evacuates crew
Activity from Somali pirates has dropped in recent years, but there...
ONGC douses fire; gas supplies to industries hit
Indian gas transporter GAIL (India) Ltd has cut supplies by about 40% to customers, mainly power and fertiliser companies, after a pipeline rupture led to a fire in an ONGC plant, a company source said.
“Our capacity utilisation fell to 50% in the morning due to gas supply disruption,” a person at the KRIBHCO said.
NTPC has shut its 656 megawatt gas-based power plant at Kawas near Hazira and a 657 megawatt Jhanor-Gandhar plant due to gas supply disruption, a person at the company said.
Gas supplies to customers have temporarily closed due to safety reasons, an ONGC spokesman said.
Steady rise in heavy rainfall events during 3 last years: Harsh Vardhan
Earth Sciences Minister Harsh Vardhan said studies show that the frequency of severe cyclones in the Arabian Sea has increased in recent years.
The data shows that there is a steady increase in the number of heavy rainfall events during the last three years, Vardhan said.
The frequency of cyclones too has seen a rise, he noted.
Shift towards digital banking is going to be permanent: SBI Chairman
“Progressively, we are seeing that there has been a shift away from branches and even from ATMs. The number of transactions on ATMs have come down from 55 to 29 per 100. On the other hand, the digital transactions, which are on mobile and internet banking, have gone to 55 out of 100 transactions,” said State Bank of India Chairman Rajnish Kumar
Govt allows airlines to decide baggage limitations for domestic flights
“The matter with regard to check-in baggage has been reviewed based on the feedback/inputs received from the concerned stakeholders,” the ministry noted.
Munich Re issues first-ever green bond
Munich Re will use the raised capital to finance or refinance sustainable projects in accordance with the company’s Green Bond Framework. Projects include investments of equity and debt in renewable energy, energy efficiency, clean transportation, green buildings, sustainable water and wastewater management, the eco-efficient and/or circular economy, and the environmentally sustainable management of living natural resources and land.
Govt notifies standards for safety evaluation of hydrogen fuel cell vehicles
This would facilitate the promotion of hydrogen fuel cell-based vehicles in the country, which are energy-efficient and environmentally friendly.said the Ministry of Road Transport and Highways (MoRTH)
Maruti Suzuki launches car subscription plan in Delhi, NCR, Bengaluru
“The programme is especially focussed to bring convenience to the individual customers. Besides flexibility of tenure, it offers nil down payment and includes registration costs, insurance and its renewal as well as routine maintenance,” MSIL Executive Director (Marketing and Sales) Shashank Srivastava said.
Electric vehicle charging network ChargePoint to go public at $2.4 billion valuation
“The EV charging industry is accelerating and it is expected that charging infrastructure investment will be $190 billion by 2030,” Switchback Chief Executive Scott McNeill said.
Climate risk need to be baked into company financial accounts:UN climate envoy
Specifically, the investor groups, which include the United Nations-backed Principles for Responsible Investment, said companies needed to explain the key assumptions made with regard to climate risk and make sure they are compatible with the goals of the Paris climate agreement
Insurers’ hedge fund investments may face chop after dismal pandemic performance
Those regulations have partly driven recent falls in hedge fund allocations, according to Andries Hoekema, global insurance sector head at HSBC Global Asset Management, but he noted holdings were down also in Asia, which hadn’t tightened rules.
“In Asia, we have some evidence of insurers replacing hedge fund exposure with private equity,” Hoekema said.
This was “driven partly by the more attractive returns of private equity and partly by the disappointing diversification properties of some hedge fund strategies in recent years,” he added.