On Budget expectations, Anup Rau, Managing Director and Chief...
Category:
Indian News
Latest
Need to develop earthquake warning systems: PM Modi
Prime Minister Narendra Modi Addressing a function to celebrate 150...
India likely to become world’s 3rd largest economy by 2030: Swiss Re
India’s insurance market projected to be the G20’s fastest-growing...
India saw 125 extremely heavy rainfall events this Sept, Oct: IMD
New Delhi:India recorded 125 extremely heavy rainfall events during September and October in 2021, the highest in five years, owing to the late withdrawal of the southwest monsoon and higher-than-normal low-pressure systems, India Meteorological Department (IMD) said...
India’s Tata Sons selected as winning bidder for Air India – Report
India’s finance ministry said on Friday reports suggesting the government has picked a winning bid for the debt-laden state-run airline Air India were incorrect.
“Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect,” the ministry said in a tweet. “Media will be informed of the Government decision as and when it is taken.”
Panel of ministers accepted a proposal from officials recommending the salt-to-software conglomerate ahead of an offer from Ajay Singh, promoter of India’s airline operator Spicejet Ltd, the report said.
B C Patnaik takes charge as MD of LIC, new top team to oversee its IPO
The government in a major change, recently, had extended the retirement age of chairman of LIC to 62 and had given the current chairman MR Kumar, who was supposed to retire in June 2021, nine months of extension till March 2022.
Mohanty,59, is likely to succeed Kumar as the chairman of the corporation.
Flood-prone Mumbai digs in to tackle warming-worsened ‘monsoon mayhem’
Mumbai is part of the C40 Cities network, a group of nearly 100 major cities globally working to drive faster action on climate change. Each has committed to delivering a climate action plan designed to spur uptake of clean energy, boost adaptation to climate shifts and turn the 2015 Paris Agreement on climate change into an on-the-ground reality.
Mumbai launched its first Climate Action Plan (known as MCAP) this month. Amid dire predictions that large parts of the city could face inundation by 2050, it brings together different arms of the administration to try to fast-track solutions.
SC notice to Centre on PIL against Aadhar as mandatory ID proof for vaccination
The plea urged that authorities should not insist on the production of the Aadhar card as the only proof of identification for the purpose of administering COVID-19 vaccination.
The plea said that contrary to the practical actions of MoHFW, recently another Standard operating procedure (SOP) guideline has been issued by it wherein it directs the provision of vaccination for even those persons who do not possess any of the seven prescribed photo ID cards as mentioned in the CoWIN portal.
PM launches second phase of Swachh Bharat Mission-Urban, AMRUT
India is processing about one lakh tonne of waste every day, he said, adding that garbage mountains in cities will be processed and removed completely under the new phases of the two missions.
In line with the vision of the prime minister, SBM-U 2.0 and AMRUT 2.0 have been designed to realize the aspiration to make all cities garbage-free and water-secure, according to the Prime Minister’s Office (PMO).
Tatas and Max Life Insurance foray into pension sector, apply for licenses to become pension fund mangers
Axis bank also wants to set up a company as Pension Fund Manager and is waiting for approvals from Reserve Bank of india (RBI) which may be completed in next 15 days.
So far, NPS has seen a 60% jump in NPS onboarding in the first six months of this financial year and our returns (in CAGR) is more than 10% over a period of 12 years. The total corpus has grown to Rs. 6.67 trillion and the total number of subscribers is 4.60 crores as on 25th September, 2021.
With IPO and capital infusion ECGC to double its covers to 25,000 exporters, to support additional exports of Rs 5.28 trillion
The approved amount will be infused in instalments, thereby increasing the capacity to underwrite risks up to Rs 88,000 crore and this will enable ECGC to issue covers that can support additional exports of Rs 5.28 lakh crore over the five-year period, said M Senthilnathan,its Chairman and Managing Director .
Delhi to be free of air, water and noise pollution in 3 years: Gadkari
”Air pollution, water pollution and noise pollution are major concerns for the country. We will make Delhi free of air, water and sound pollution in the next three years,” he said.
There should be one medical college or institution for PG medical education in every district: PM
In six years, more than 170 medical colleges have been completed, and work on over 100 new medical colleges is going on at a fast pace, Modi said at a virtual ceremony to mark the foundation stone laying of four medical colleges and inauguration of the Institute of Petrochemicals Technology in Rajasthan.