Despite the massive FII selling in financials, this sector is...
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SUV sales a bright spot in carmakers’ October dispatches to dealers
Demand for new cars has slowed after two years of surging growth,...
APAC presents an attractive growth narrative, facilitating sustained reinsurance capacity: S&P report
However, challenges are emerging, including rising physical risks,...
Pandemic ‘rolled back’ sustainable development funding for weak economies: UNCTAD
UN: According to UNCTAD’s World Investment Report 2021, total foreign direct investment also dropped by more than a third globally, to $1 trillion (from $1.5 trillion in 2019), threatening progress on sustainable development. This level was last seen in...
Airtel, Tata Group team up for ‘Made in India’ 5G network solutions
Notably, the partnership with Tata Group allows telecom operator Airtel to take head-on, rival Jio’s pitch on homegrown 5G solutions. Mukesh Ambani-led Reliance Jio is accelerating the rollout of digital platforms and indigenously-developed next-generation 5G stack.
Mukesh Ambani says no option but to make businesses green
“We at Reliance have adopted this wholeheartedly and transforming each one of our business lines to be sustainable, circular, recyclable and fully transparent environment, social, and governance standards,” he said.
Record 8 million vaccinated in a single day as new guidelines kick in
“Today’s record-breaking vaccination numbers are gladdening. The vaccine remains our strongest weapon to fight COVID-19. Congratulations to those who got vaccinated and kudos to all the front-line warriors working hard to ensure so many citizens got the vaccine. Well done India!” tweeted Prime Minister on the occasion.
UN office says Sri Lanka ship fire causes significant damage
“An environmental emergency of this nature causes significant damage to the planet by the release of hazardous substances into the ecosystem,” U.N. Resident Coordinator in Sri Lanka Hanaa Singer-Hamdy said in a statement late Saturday. “This in turn threatens lives and livelihoods of the population in the coastal areas.”
Sri Lanka has already submitted an interim claim of $40 million to X-Press Feeders to cover part of the cost of fighting the fire, which broke out on May 20 when the vessel was anchored about 9.5 nautical miles (18 kilometers) northwest of Colombo and waiting to enter the port.
Too early to decide on Covid-19 booster shots:WHO
“We do not have the information that’s necessary to make the recommendation on whether or not a booster will be needed,” Soumya Swaminathan, the World Health Organization’s chief scientist, said in a Zoom interview Friday. The “science is still evolving.”
Cannot pay Rs 4 lakh compensation to Covid victims, Centre informs SC
” If ex-gratia of Rs 4 lakh is given for every person, who lost life due to COVID-19, the entire amount of SDRF may possibly be spent on this alone, and indeed the total expenditure may go up further”, said the affidavit.
The MHA contended that unlike floods, earthquake, cyclone, etc, during the ongoing COVID-19 pandemic, thousands of crores of rupees have been spent by Centre and states on prevention, testing, treatment, quarantine, hospitalization, medicines and vaccination, etc and it is still continuing.
Assam to gradually implement two-child norm for availing benefits under some schemes: CM
“In case of some schemes, say if a housing scheme is launched by the state government, the two-child norm can be introduced. Slowly in later stages, the population norm will come in every state government scheme,” said Chief Minister Himanta Biswa Sarma ”
Assam currently has a two-child norm along with requirements of minimum educational qualifications and functional sanitary toilets for contesting in panchayat polls as per an amendment in 2018 to the Assam Panchayat Act,1994.
Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiring
Under the scheme, the central government pays both 12 per cent employees’ contribution and 12 per cent employers’ contribution i.e. 24 per cent of wages towards social security schemes run by the retirement fund body Employees’ Provident Fund Organisation (EPFO).
An employee drawing a monthly wage of less than Rs 15,000 who was not working in any establishment registered with the Employees’ Provident Fund Organisation (EPFO) before 1st October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1st October 2020 is eligible for the benefit.
Automakers initiate production ramp-up with easing of Covid restrictions
“With the easing of the lockdown in various states, production is gradually ramping up and likely to stabilise to normal levels by the end of the month,” Tata Motors Passenger Vehicle Business Unit President Shailesh Chandra told PTI.