Looking ahead, the flow of foreign investments into Indian equity...
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India and UK to collaborate on developing financial regulations
Participants from India and UK touched upon reforms in respective...
E-commerce to adopt Safety Pledge to protect online consumers on Dec 24
With India projected to have 500 million online shoppers by 2030...
India’s monsoon rains forecast to be average in August, September
In August, monsoon rains are likely to be “below normal to normal” in the central region, Mohapatra said, where soybean and cotton are grown.
Farmers generally start planting rice, corn, cotton, soybeans, sugarcane and peanuts, among other crops, from June 1, when monsoon rains typically arrive in India. Sowing usually lasts until July or early August.
Indian farmers have planted summer-sown crops on 84.8 million hectares, down 4.7% year-on-year, according to the latest data from the Ministry of Agriculture & Farmers’ Welfare.
Hiring activity rises 11 pc in Apr-Jun; IT, financial services, BPO/ITeS drive demand: Survey
According to the Indeed India Hiring Tracker, that maps quarterly job market activity to June 2021, hiring increased by 11 per cent over the previous quarter, with standout growth in Information Technology (61 per cent), financial services (48 per cent), and BPO/ITeS (47 per cent).This survey was conducted by Valuvox on behalf of Indeed among 1,500 employees and 1,200 businesses across nine cities in the month of June 2021.
Permanent solution needed to prevent recurring floods in Maha: CM
Chief Minister Uddhav Thackeray said the MVA government will come up with a ”holistic long-term plan” for all the flood-affected districts such as Satara, Sangli, Kolhapur, Raigad, Sindhudurg, and Ratnagiri to ensure the construction of roads, bridges etc.
He also said the state government will review the reports submitted by all the committees set up earlier, including of the Vadnere committee, to recommend measures to avoid floods.
e-RUPI will give new dimension to digital governance: PM Modi
Noting that if any organization wants to help persons in their treatment, education or for any other work, they will be able to give an eRUPI voucher instead of cash, he said it will ensure that the money given is used for the work for which the amount was given. The Prime Minister noted that technology is bringing transparency and integrity in transactions and creating new opportunities.
Unemployment rate rose to 13.3 pc in July-Sept 2020: NSO survey
In the CWS approach, a person is considered unemployed if he/she did not work even for 1 hour on any day during the week but sought or was available for work at least for 1 hour on any day during the period.
Lok Sabha passes bill to amend general insurance law without debate
As per the statement of objects and reasons of The General Insurance Business (Nationalisation) Amendment Bill, 2021, it seeks to remove the requirement that the central government should hold not less than 51 percent of the equity capital in a specified insurer.
It aimed at generating required resources from the Indian markets so that public sector general insurers can design innovative products.
Coronavirus likely to lock India’s women out of job market for years
A report by the Centre for Sustainable Employment at Azim Premji University found that 47% of women workers who lost their job between March and December – before the second wave of the virus hit in April – were made permanently redundant. That compared with around 7% of male workers, many of whom were able to either return to their old jobs or take up independent work like selling vegetables.
Shipping losses stay at historic lows, but Asia remains largest global loss hotspot:Allianz
“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.
“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.
The world’s piracy hotspot, the Gulf of Guinea, accounted for over 95% of crew numbers kidnapped worldwide in 2020. Last year, 130 crew were kidnapped in 22 incidents in the region – the highest number ever – and the problem has continued. Vessels are being targeted further away from the shore – over 200 nautical miles (nm) in some cases.
India reports 40,134 new COVID cases and 422 deaths
Fresh Covid-19 cases in India registered a week-on-week rise for the first time in 12 weeks since the peak of the second wave in early May, indicating an early sign of another pandemic spike in the country, said experts.
Currently, the surge is mainly restricted to Kerala and, to a much lesser degree, Karnataka and Tamil Nadu.Cumulatively, 47,22,23,639 vaccine doses have been administered through 55,99,690 sessions, as per the provisional report till 7 am today. 17,06,598 vaccine doses were administered in the last 24 hours.
Ransomware attacks hit record 300 mn in 1st half of 2021: Report
In line with spikes in global data, the researchers also recorded alarming ransomware spikes across key verticals, including government (917 per cent), education (615 per cent), healthcare (594 per cent) and retail (264 per cent) organisations.
“In a year driven by anxiety and uncertainty, cybercriminals have continued to accelerate attacks against innocent people and vulnerable institutions,” Bill Conner, President and CEO, Sonic Wall, said in a statement.