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Hinduja led IIHL deposits Rs 2,750 crore in escrow account, provides term sheet for funding Rs9,750 cr RCap deal
IIHL, after transferring the funds ,has asked the CoC and...
Kerala CM Vijayan requests PM Modi for financial assistance to tackle climate change
Prime Minister Modi on Saturday visited to the disaster-affected...
India’s farm sector performed well despite COVID-19, says Tomar
India has launched various projects under the National Mission on Sustainable Agriculture to develop, demonstrate and disseminate the techniques to make agriculture resilient to adverse impacts of climate change, union Agriculture Minister Narendra Singh Tomar said adding that India is promoting organic farming at a large scale.
”The agriculture sector in India performed well during the severe COVID-19 pandemic and registered an all-time high production of 305 million tonne of foodgrains as well as their exports (in 2020-21), contributing to the global food security,” he added.
Delta plus variant of COVID-19 is not yet ”variant of concern”: Govt
“This is a variant of interest that has not yet been classified as a variant of concern. A variant of concern is in which we have understood that there are adverse consequences to humanity by increase in transmissibility and severity. This is not known yet about the Delta plus variant,” Paul said.
Indian scientists: We didn’t back doubling of vaccine dosing gap
The ministry of health announced the decision to change the gap from 6-8 weeks to 12-16 weeks on May 13, at a time when supplies of the shot were falling short of demand and infections were surging across the country.
Twitter loses intermediary status over non-compliance with new rules
“The provisions for significant social media intermediaries under the Rules have already come into force on May 26 2021 and it has been more than a week but Twitter has refused to comply with the provisions of these Rules. Needless to state, such non-compliance will lead to unintended consequences including Twitter losing exemption from liability as intermediary available under section 79 of the Information Technology (IT) Act, 2000. This has clearly been provided under rule 7 of the aforesaid Rules,” it said.
India reports 60,471 new COVID-19 cases, 2,726 deaths
The South Asian country’s total COVID-19 case load now stands at 29.57 million, while total fatalities are at 377,031, the data showed. India added 2,726 deaths overnight.
Bharti AXA General Insurance posts a net of Rs 120 crore in FY 21,Combined ratio at 110.5%
New Delhi Non-life insurer Bharti AXA General Insurance,which is in the process of being taken over by ICICI Lombard General Insurnace, posted a profit after tax of Rs 120 crore in FY21. Combined ratio of the general insurer stood at 110.5 per cent compared to...
Delhi defies social distancing norms, doctors say brace for COVID-19 ‘explosion’
“Delhi ought to have unlocked far more scientifically. We are inviting trouble!” Arvinder Singh Soin, a surgeon and leading liver transplant specialist, said on Twitter.
Narayan Murthy’s Anviti Insurance Brokers rebranded as Aon India
.“So going forward, after the full intergration of Wills Tower Watson into Aon globally, there will be further changes on how Aon will operate in the Indian market, if it decides to operate through partnership,” said sources.
RBI to focus on growth even as inflation breaches tolerance band
The annual retail inflation rate rose 6.30 per cent year-on-year in May, up from 4.29 per cent in April and sharply above analysts’ estimate of 5.30 per cent. The wholesale price inflation rate rose 12.94 per cent, its highest in at least two decades.
“There is a broad-based increase in CPI inflation but it still is not driven by demand and that gives the RBI some leeway. They will continue to wait and watch as a rate hike is out of question for now,” the first source said.
India confirms first death following Covid-19 vaccination
It is the first death linked to Covid-19 vaccination due to anaphylaxis. It re-emphasises the need to wait for 30 minutes at the inoculation centre after receiving the jab.
The panel said benefits of vaccination are overwhelmingly greater than the small risk of harm and as a measure of utmost precaution, emerging signals of harm are being constantly tracked and reviewed periodically.