"Though we have taken a number of measures, we are doing a deeper...
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Brazil says workers at China’s BYD site are victims of human trafficking
The investigation also brings unwelcome attention to BYD when it is...
Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement
Prime Minister Narendra Modi For large scale technology infusion in...
SCOR Investment Partners launches an ESG focused debt fund
SCOR Infrastructure Loans IV, available to institutional investors, has secured an investment commitment of EUR 150 million from SCOR, the company’s anchor investor, and has a target fund size of between EUR 750 million and EUR 1 billion. Paris: SCOR Investment...
Naxal violence down by 77 pc from all-time high in 2009: MHA
Replying to a written query, the minister further said that the deaths of both civilians and security forces have also reduced by 85 per cent from an all-time high of 1,005 in 2010 to 147 in 2021 The Minister also said that the Security Related Expenditure (SRE)...
DBS Bank India launches Green Deposits programme enabling institutions to support sustainable projects
The Green Deposits proposition combines all the benefits of a regular fixed deposit with a commitment from DBS to support green and sustainable loans disbursed by the bank Mumbai: In line with its focus on responsible banking, DBS Bank India has announced the launch...
Chinese virus cases climb, raise threat of trade disruption
The restrictions have wider potential ramifications, coming at a time when the global economy is under pressure from Russia's war on Ukraine, surging oil prices and weak consumer demand. "We can think of no risk to the global economy, excluding nuclear warfare, that...
Berkshire rejects shareholder call to replace Warren Buffett as chairman
Warren Buffett, chairman, Berkshire Hathaway The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security.Though...
Hacked US companies to face new reporting requirements
The rules are part of a broader effort by the Biden administration and Congress to shore up the nation's cyberdefenses after a series of high-profile digital espionage campaigns and disruptive ransomware attacks. The reporting will give the federal government much...
China’s lockdowns due to Covid surge could threaten half of economy
Shenzhen is the second-most important port in China after Shanghai, and processes about 10% of the containers shipped from China in any month. A part of the port was shut for weeks in mid-2021 to contain a local outbreak of Covid, but even then the port was able to...
India plans Rs 24,000 cr sovereign green bond as economy goes low carbon
India's maiden foray into the green bond space comes as it plans to fund renewable energy projects that will help meet its goal of net-zero emissions by 2070. The government is expecting lower yields on green bonds, as otherwise it sees little purpose in issuing them,...
Govt plans rejuvenation 13 rivers by forestry interventions, increase forest cover by 7,417.36 sq km
The proposed ''forestry interventions'' will help to sequester 50.21 million tons carbon dioxide equivalent in 10-year-old plantations and 74.76 million tons of CO2 equivalent in 20-year-old plantations, senior officials said The proposed interventions in the 13...
DPIIT notifies 20 pc FDI in LIC under automatic route
The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC.The Union Cabinet had last month approved the decision to facilitate disinvestment of the...