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Max Life Insurance rebrands to Axis Max Life Insurance
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Biz activity last week higher than pre-COVID level for first time: Report
This is the first time that the activity has breached the pre-pandemic base. The index level had declined sharply in the immediate aftermath of the national lockdown in April last year and rose steadily to be very close to the pre-pandemic levels of March 2020. However, the second wave and the ensuing localised lockdowns dented it again, till it rose after the waning of the infections.
PE/VC investments touch all-time high of $ 9.5 bn in July: Report
The activity was higher by 77 percent when compared to June’s USD 5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.
New airports being constructed in India at unprecedented speed: PM
The Centre has accorded in-principle approval for setting up of 21 greenfield airports across the country: Mopa in Goa; Navi Mumbai, Sindhudurg and Shirdi in Maharashtra; Bijapur, Hassan, Kalaburagi and Shimoga in Karnataka; Dabra (Gwalior) in Madhya Pradesh; Kushinagar and Jewar (Noida) in Uttar Pradesh; Dholera and Hirasar in Gujarat; Karaikal in Puducherry; Dagadarthi, Bhogapuram and Orvakal (Kurnool) in Andhra Pradesh; Durgapur in West Bengal; Pakyong in Sikkim; Kannur in Kerala; Hollongi (Itanagar) in Arunachal Pradesh.
Odisha CM announces smart health cards for 3.5 crore people
Beneficiaries of national and state food security schemes, and Annapurna and Antyodaya initiatives will get the cards under which women can avail treatment up to Rs 10 lakh per year, and other family members will get the benefit up to Rs 5 lakh each.
Noting that the initiative will cover 3.5 crore people in 96 lakh families in a phased manner, Patnaik claimed that Odisha is the first state in the country to provide such smart health cards.
He said that the beneficiaries can avail health services in more than 200 hospital chains across the country including Odisha and it will strengthen the health security of the people of the state.
FM to meet CEOs of public sector banks on Aug 25 to review financial performance
Interestingly, this would be the first physical review meeting since the outbreak of the pandemic in March last year. The meeting is expected to take stock of the banking sector, progress on restructuring the 2.0 scheme announced by the Reserve Bank of India (RBI), sources said, adding that banks may be nudged to push loan growth in productive sectors.
The revamped Rs 4.5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) would also be reviewed during the meeting likely to be held in Mumbai, sources said.
Ker Police comes up with country’s first Drone Forensic Lab & Research Centre
Vijayan said that the Kerala government is working towards reducing the socio-economic inequalities, which still prevail after 75 years of Indian independence, and also to ensure protection of the environment and improving education in the state,
PM says shrinking farm sizes a challenge; need to increase ‘collective power’ of small farmers
Stressing on the need to focus on major challenges facing the agriculture sector, the Prime Minister said, ”One challenge is the shrinking farm sizes in villages.” More than 80 per cent of the farmers in the country have less than 2 hectares of land. But the earlier policies did not focus on small farmers, he said.
Be it reforms in Fasal Bima Yojana, increasing the minimum support price (MSP) by 1.5 times (the cost of production), linking farmers with Kisan Credit Card (KCC) for cheaper farm loans, taking solar power schemes till farm land or setting up of Farmer Producers Organisations (FPOs) — all these efforts will strengthen small farmers, PM added.
Higher than national average, per capita income of Telangana doubled in 7 years:KCR
”Likewise, when the state was formed in the 2013-2014 financial year our State Per Capita Income was Rs. 1,12,216 whereas now Telangana’s State Per Capita Income has reached Rs.2,37,632. Presently, our country’s Per Capita Income is recorded as Rs. 1,28,829. It is to be noticed that the Telangana State Per Capita Income is more than that of the country Per Capita Income,” he said.
All possible help being extended to people in 26 flood ravaged districts: Bihar CM Nitish Kumar
All possible help is being extended to the people. Daily review meetings are being conducted along with the issuance of safety guidelines. People have been evacuated from affected areas and provided with relief aid,” said Chief Minister Nitish Kumar.
Centre considering using MGNREGA to counter ill-effects of climate change: Giriraj
Under the scheme, he said, apart from growing fruit trees on panchayat land, ponds will also be dugout.
These ponds will be used for water conservation, he told reporters