(Lto R) Vivek Mandhata, managing director & partner, Boston...
Category:
Indian News
Latest
After FM, Irdai chief urges bankers to avoid mis-selling of insurance
“I wish to say this for the due consideration of the bank boards ,...
Stalin says LIC website reduced to propaganda tool for Hindi imposition, Corporation resolves technical glitch
M K Stalin,Tamil Nadu Chief Minister LIC has clarified that there...
Nagaland asks staff to get vaccinated or show no-Covid report for salary
The salaries of those who have not taken a single dose of the vaccine against coronavirus or who will fail to furnish COVID-19 negative test report will be stopped beyond July 31, 2021, and they would not attend office, it said
PFRDA pension subscriber base rises 24% to touch 4.35 crore in June
The total pension assets under management stood at Rs 6,16,517 crore as on June 30, showing a yearly growth of 32.67 percent, the Pension Fund Regulatory and Development Authority (PFRDA) said.
India reports 38,079 new COVID-19 cases, positivity rate at 1.19 pc
The Union Health Ministry has informed that the cumulative number of COVID-19 vaccine doses administered under the nationwide vaccination drive has reached 39,96,95,879 out of which 42,12,557 vaccine doses were administrated in the last 24 hours.
Wide-ranging reforms make India attractive destination for investment: FM
She also mentioned this year’s budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.
2000% increase in cyber security breaches during pandemic
“In India, almost every sector has been breached because they all are inter-connected. During the pandemic, the number of breaches increased by 2,000 per cent because we were using ASL or DSL from home. ASL, DSL, fibre, nothing is secured, this whole scenario reflects that your sensitive information is at risk and is being used for a variety of purposes, causing financial fraud, causing a threat to national security,” Rai said.
The Ministry of Home Affairs’ National Cybercrime Reporting Portal (NCRP), which was launched in August 2019, has recorded over four lakh complaints, with about 50 per cent related to financial frauds, revealed Ashok Kumar, Director, Ministry of Home Affairs.
NCGTC issues guidelines for Rs 50,000-cr credit guarantee scheme for medical infra
As per the guidelines, a credit guarantee of 50 per cent to all brownfield projects and 75 per cent to greenfield projects in the healthcare sector at centres other than 8 municipal areas would be available. The excluded metros from the scheme are Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune.
For the aspirational districts, the guarantee cover for both brownfield expansion and greenfield projects shall be 75 per cent, it said.
Ola got 100,000 bookings for electric scooter in one day
“I am thrilled by the tremendous response from customers across India for our first electric vehicle. The unprecedented demand is a clear indicator of shifting consumer preferences to EVs. This is a huge step forward in our mission to transition the world to sustainable mobility,” Ola Chairman and Group CEO Bhavish Aggarwal said in a statement.
Govt to procure 660 mn more doses of Covishield, Covaxin at revised rates
According to the revised guidelines which came into effect from June 21, vaccine doses provided free of cost by the Centre will be allocated to states/UTs based on criteria such as population, disease burden and the progress of vaccination, and all above the age of 18 will be eligible for the free jabs.
Any wastage of vaccine will affect the allocation negatively.
Crop sowing lags in India, raising concerns over food grain output
Indian farmers had planted 61.19 million hectares with summer crops as of July 16, down 11.6% from a year earlier, the Ministry of Agriculture & Farmers’ Welfare said in a statement.
Farmers typically start planting summer-sown crops on June 1, when monsoon rains usually reach India. Planting then continues until early August.
IFSCA forms expert panel to develop a Longevity Finance Hub in GIFT City
Development in medicinal science and technology will support extending of lifespan and longevity of the silver generation. It is estimated that by 2040, there will be more members of the silver generation than people under 20. This demographic change will throw open new challenges and opportunities especially in the areas of wealth management, health, insurance, and other investment products, said the IFSC.