While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76...
Category:
Eco/Invest/Demography
Latest
Cybersecurity, customer protection essential for digital payments momentum: RBI paper
The authors further said despite the traction observed in digital...
Allianz and Dutch development bank back $1.1 bln sustainable loans fund
The fund will co-invest in a portfolio of about 100 loans targeting...
ME’s $2 trillion wealth could just vanish in 15 years
Without decisive economic reforms, the richest Middle Eastern states could exhaust their net financial wealth by 2034 as the region becomes a net debtor, the fund projects. Within another decade, their total non-oil wealth would also be exhausted, the IMF said in the report prepared by a team of its Middle East and Central Asia specialists as well as the research department.
Records of payment cards of Indian banks are being sold for $9 apiece on Joker’s Stash
The database exposed card numbers, expiration dates, CVV/CVC codes and some additional information such as cardholders’ full name, as well as their emails, phone numbers and addresses, security researchers from Group-IB found
Novel coronavirus case numbers are now stabilising: WHO
Most cities in India turning into ‘Urban Heat Islands’: warns IIT Study
“For the first time, we have found evidence of mean daytime temperature of Surface Urban Heat Island (UHI Intensity) going up to 2 degree Celsius for most cities, as analysed from satellite temperature measurements in monsoon and post-monsoon periods.”
FinMin expects at least 80% of taxpayers to move to new tax regime
Revenue Secretary Ajay Bhushan Pandey said the government did an analysis of 57.8 million taxpayers before the budget and found that 69 per cent of them would save on tax payouts under the new system, while 11 per cent were found to be favouring the old regime.
IPO bound LIC to start valuation exercise soon, assets increases by 8% to Rs 32,25,905 cr till Jan end
On the proposed initial public offer (IPO) , MR Kumar said that, there are lot of figures floating around the market capitalization and size of IPO. “We have not done the maths. Unless we do our internal discussion and maths, I dont think we would be able to answer that today. Valuations has to be reasonably, scientifically and lot of work has to be done,”he said.
No proposal to link social media profiles with Aadhaar, govt tells Lok Sabha
Electronics and Information Technology Minister Ravi Shankar Prasad also said that pornography, particularly child pornography, is a “serious menace” and measures are being taken to curb it.
“Revenge porn is also rising in the country”, he told Lok Sabha during Question Hour.
RBI holds rates steady, raise deposit insurance rate marginally
The RBI has also decided to increase the insurance cost of bank deposits as the cover will be increased to Rs 5 lakh from Rs 1 lakh which was earlier announced by finance minister Nirmala Sitaraman in Budget 2020. The cost will be increased by 2 paise from 10 paise to 12 paise for a deposit of Rs 100 which wouldn’t increase the costs of the bank
International community launches a $675 mn preparedness and response plan to fight coronavirus
“My biggest worry is that there are countries today who do not have the systems in place to detect people who have contracted with the virus, even if it were to emerge,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General.
“Urgent support is needed to bolster weak health systems to detect, diagnose and care for people with the virus, to prevent further human to human transmission and protect health workers.”
Female genital mutilation exacts a crippling economic & human cost:WHO
“High healthcare costs for countries mount because of the tragic personal impacts on women and girls. Governments have a moral responsibility to help end this harmful practice,” says Dr Prosper Tumusiime, Acting Director for Universal Health Coverage and the Life Course in the African Regional Office of WHO. “FGM hurts girls, imposes lifelong health risks on the women they become, and strains the healthcare systems that need to treat them.”