China's State Council, which is headed by Premier Li Qiang, has...
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Alliance of 40 countries to vow not to pay ransom to cybercriminals, US says
The International Counter Ransomware Initiative comes as the number...
Cyber attacks and data breaches remain the top global risk, 50% of overall top ten risks presently uninsurable: Aon
Greg Case,CEO,Aon Notably only two of the top five current risks...
Bank frauds rise to record high of ₹1.13 lakh crore in H1FY20: RBI
The Reserve Bank is taking steps to integrate fraud reporting of NBFCs and urban co-operative banks in its central fraud registry database.
City of London’s unity begins cracking over Brexit trade deal: Opinion
Under Johnson’s current agreement with Brussels, British financiers will in 2021 lose their so-called EU “passporting” rights (which allow them to work anywhere in the bloc). The U.K. and the EU have agreed instead on the principle of “equivalence,” which will give the City access to the EU for many financial services as long as Britain adheres to Brussels rules.
Indian Railways report zero passenger deaths in FY20, first time in 66 years
It also said that ultrasonic flaw detection (USFD) testing of rails to detect flaws and timely removal of defective rails are carried out to avoid incidents of derailments and to improve the safety of the railway tracks.
Govt launches index to rank states, UTs on good governance parameters
under agriculture and allied sector, there are six indicators with different weightage such as growth rate of agriculture and allied sector, growth rate of food grains production, growth rate of horticulture produce, growth rate of milk production, growth rate of meat production and crop insurance, the ministry said.
Free WiFi to all villages connected via Bharat Net till March 2020: Prasad
In a digital village, residents are encouraged to become digitally literate. Residents can avail quality healthcare through tele-medicine consultations under allopathy, homeopathy and ayurvedic systems.The digital village also promotes a financially inclusive society by providing banking, insurance and pension services at the doorstep of citizens. In addition, the entire village is WiFi enabled, so residents are digitally connected.
Fund raising via IPOs plunges 60% to Rs 12,362 cr as economy sputters
But from the listing side, the year was good with IPOs with strong debut trade. Of the 15 IPOs which got listed, seven gave a return of over 10 per cent, based on closing price on listing date. IRCTC gave a stupendous return of 128 per cent, followed by CSB Bank (54 per cent), Ujjivan (51 per cent), Indiamart Intermesh (34 per cent), Neogen Chemicals (23 per cent), Polycab (22 per cent) and Affle (17 per cent)
Gold scales 6-week peak as equity markets steadied after a record rally
“There is a pause in the rally in riskier assets and that is why we are seeing gold and the dollar move higher,” Vandana Bharti, assistant vice-president of commodity research at SMC Comtrade said, adding weak US economic data added to bullion’s safe-haven appeal.
PM launches Atal Jal Yojana aimed at improving groundwater level
Under the ABY, gram panchayats that will help preserve water will get more funds to do more good work. Urging the 8,300 sarpanches associated with the ABY, Modi said, “Your success will not only make the scheme successful but will also strengthen the Water Life Mission (WLM)”.
NTPC to invest Rs 50,000 crore to add 10GW solar energy capacity by 2022
At present, NTPC has installed renewable energy capacity of 920 MW, which includes mainly solar energy. It has formulated a long term plan to become a 130 GW company by 2032 with 30 per cent non-fossil fuel or renewable energy capacity.
Has India’s growth slowdown bottomed out? Animal spirits indicate so
The dominant services index rebounded last month, driven by higher orders and strengthening business confidence. The IHS Markit India Services Purchasing Managers’ Index rose to a four-month high of 52.7 in November, the first time in three months that the reading has been above the 50 mark, which indicates expansion. The index is still below its long-run average of 54.2.