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Will take all measures to eliminate use of crypto-assets: Govt

In a written reply to the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary also said the government will explore the use of block chain technology proactively for ushering in digital economy.

”The government does not consider crypto-currencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system,” he said.

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Max Financial Services net profit falls 80 pc to Rs 36 crore in Jun qtr

The company’s subsidiary Max Life reported a 32 percent jump in new business premium during the quarter at Rs 875 crore, as against Rs 661 crore in the year-ago period.

The renewal premium income (including group) rose 21 percent to Rs 2,244 crore, taking the gross written premium to Rs 3,484 crore, a spurt of 27 percent over the first quarter of the previous fiscal, the company said.

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Economic impact of 2nd COVID-19 wave likely to be muted; visible signs of eco rejuvenation: FinMin

The latest Monthly Economic Review, released by the finance ministry, said the ”robust recovery in tax collections cushions the fisc towards meeting the budgeted support to the economy”.

It also said the recent sero-prevalence results signify that India can reduce the likelihood of severe illness due to COVID-19 if the country sustains the momentum of the vaccination programme.

”Having antibodies reduces the probability of acquiring serious illnesses, as is borne by studies. So, any subsequent waves are expected to be mild in terms of severity of disease,” the ministry said in the report.

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Covid-19 R-value more than 1 in 5 states, it’s cause for concern: Govt

At a press briefing on the pandemic, officials said the reproduction number or R number that indicates the speed at which COVID-19 is spreading is more than 1 in five states — Himachal Pradesh, Punjab, Gujarat, Madhya Pradesh and Uttar Pradesh — which remains a cause for concern.

Andhra Pradesh, Goa and Nagaland have their reproduction number at 1, Joint Secretary in the Union Health Ministry Lav Agarwal said.

For India, it is around 1, he said.

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India on track to achieve WHO-recommended doctor-population ratio: NITI Aayog member Vinod Paul

Ayushman Bharat Yojna and Jan Arogya Yojna are programmes that focus on providing all kinds of health facilities to people and are steps towards universal health coverage, making health services affordable and ensuring access to health facilities, he said.

“India is well on the path to having one doctor per thousand population by 2024, which is the World Health Organisation (WHO)-recommended doctor to population ratio and is increasing the number of beds from 11 lakh to 22 lakh,” a statement quoted Paul as saying.

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20.32 lakh tests, 7.08 lakh hospital admissions related to Covid authorised under AB-PMJAY: Govt

The National Health Authority (NHA) has been providing the necessary support to the states and Union territories for ensuring free COVID-19 testing and treatment to all eligible beneficiaries under AB-PMJAY.

When the pandemic broke out, the existing packages were used for providing treatment, Minister of State for Health Bharati Pravin Pawar said.

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