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RBI guv meets FM two days before end of his extended term
Shaktikanta Das,Governor,Reserve Bank of India With the...
FIIs turn buyers, invests Rs 24,453 crore in Dec first week
In October, the total FIIs selling through exchanges was Rs 113,858...
Johnson & Johnson’s single-dose COVID-19 vaccine gets Emergency Use approval in India
The five vaccines granted Emergency Use Authorisation in India are Serum Institute’s Covishield, Bharat Biotech’s Covaxin, Russia’s Sputnik V, Moderna, and now Johnson & Johnson (J&J).
Railways invites bids for hydrogen fuel-based tech for trains
“The retrofitting of diesel-powered DEMU and converting it into hydrogen fuel-powered train set will not only save the cost to the tune of Rs 2.3 crore annually by converting from diesel to hydrogen, but also save the carbon footprint (NO2) of 11.12 kilo tons per annum and particulate matter of 0.72 kilo tonnes per annum,” the statement said.
India sees single-day rise of 38,628 New Coronavirus cases, 617 fresh deaths
Cumulative vaccine doses administered so far has reached 50.10 crore under the nationwide vaccination drive
Digital currency model likely by the end of year: RBI
Earlier, RBI Governor Shaktikanta Das made it clear that the central bank continues to have concerns with the private digital currency (DCs) which are not regulated and has conveyed the same to the government
HC seeks Delhi govt, IRDA stand on plea against insurance co not paying full claim on Covid death
The plea further sought to direct the IRDA to take strict action against the insurance firm for violating its guidelines, framed for insurers to include the expense incurred on hospitalization and treatment of COVID-19 patients, and to ensure its compliance so that no insurer may escape from their liability of making payment.
Government has no plan at present to block any social media platform: MoS IT
Minister of State for Electronics and IT Rajeev Chandrasekhar said the government receives various grievances from users about hate content on social media platforms and responds to them in an appropriate way.
The government regularly interacts with social media intermediaries on various issues, including issuing advisories to make these intermediaries safe and accountable to users,. he said.
Amazon-Future-Reliance case: SC holds Emergency Award enforceable in India
Amazon has a 49 percent stake in FCPL, which in turn owns a 9.82 percent stake in FRL. Amazon’s contention is that it has invested Rs.1431 crore in FCPL on the clear understanding that FRL would be the sole vehicle for its retail business and its retail assets would not be alienated without consent and never to a ‘Restricted Person’. FRL, on the other hand, has objected to the enforcement of the EA award saying that it is not an order under Section 17(1) of the Arbitration and Conciliation Act and hence not enforceable in India.
Cars fueled by ethanol can add to India’s food inflation
Prime Minister Narendra Modi advanced in June a target for blending 20% ethanol in gasoline to 2025, five years earlier than planned. The advantages are multifold: it will reduce air pollution, cut India’s oil import bills, help soak up a domestic sugar glut and increase investment in rural areas.
RBI keeps policy rate unchanged,raises inflation forecast
“The need of the hour is not to drop our guard and to remain vigilant against any possibility of a third wave especially in the background of rising infections in certain parts of the country,” RBI Governor Shaktikanta Das said in a virtual address accompanying the MPC’s decision.
COVID-19: India logs 44,643 new cases, 464 fatalities
Cumulative vaccine doses administered so far have reached 49.53 crores under the nationwide vaccination drive.