Finance Minister Nirmala Sitharaman "I hope that the investments...
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Banks should focus on their core business, bring innovative products to mobilise deposits: FM
In order to overcome the mismatch between deposits and lending,...
Fintech will drive income and wealth creation, says CEA
V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth...
Monsoon covers two-third of India earlier, to accelerate crop sowing
Since the start of the season, the monsoon has delivered 25% more-than-normal rainfall, boosted by higher rainfall in the central India region, data compiled by IMD showed.
Monsoon is crucial for India’s $2.7-trillion economy, as it delivers nearly 70% of the rain needed by farms, besides replenishing reservoirs and aquifers.
No cyber breach into National Informatics Centre email system, says govt
The email system is “totally safe and secure”, the Ministry of Electronics and IT said while dismissing a report claiming that data breaches in organisations such as Air India, BigBasket and Domino’s had exposed email accounts and passwords of NIC emails to hackers.
IRDAI looking for agency to manage its multi-media grievance redressal centre
The agency will be required to manage its IGCC by providing the state-of-the-art call centre solution based on IP Multimedia platform for seamless handling of channels (telephone calls, e-mails and letters) with unified administration and reporting as well as having the integrated components in a single platform, said the request for proposal (RFP) for IGCC Services.
IMD, ICMR launch expert committee to explore climate-based solutions for malaria elimination in India.
Dr Manju Rahi, Scientist and Deputy Director-General of Epidemiology and Communicable Diseases, ICMR, Government of India said, “The impact of climate change has emerged as a major threat to the very existence of the human race. At the Indian Council of Medical Research, we are working to combat climate-sensitive diseases through a concerted national strategic action focused on climate and health. Vector-borne diseases like Malaria are priority targets for action in the health-climate agenda.
India’s contribution to climate change in last 200 years just 3%: Javadekar
“India’s contribution to climate change in the last 200 years is just three per cent. The unbridled carbon emissions particularly by Europe, USA and in the last 40 years by China, caused climate change disaster. These countries prospered economically but polluted the world,” Union Environment Prakash Javadekar said.
No door-to-door vaccine drive in national policy, Centre tells HC
Additional Solicitor General Anil Singh said the Centre, however, kept improvising and updating its policy from time to time and perhaps, sometime in future, it might permit door-to-door vaccination drives.
Singh, said some state governments and municipal bodies had decided to ignore its advisory guidelines and were conducting door-to-door vaccination for special categories of citizens, but it was not possible yet to make such drives a part of the national policy.
Delhi govt approves single-window facility to facilitate expansion of EV charging infrastructure
”Delhi will soon be the only city in the world where anyone can get an EV charger installed and get government subsidy by making a single phone call or applying online,” Jasmine Shah, vice chairman of Dialogue and Development Commission. said.
Sharpening income inequalities telling story of ‘uneven’ recovery: Subbarao
A study by the Azim Premji University has found that the one year of Covid-19 pandemic has pushed 230 million people into poverty with a 15 per cent increase in poverty rate in rural India and a 20 per cent surge in urban India,” Former RBI Governor D Subbarao said citing the findings of a study.
“Add to that CMIE data showing that the unemployment rate has gone up as high as 12 per cent in May, 10 million jobs have been lost just on account of the second wave and 97 per cent of the households in the country have experienced declines in incomes,” he added.
Axis Bank stake in Max Life likely to rise to 20 pc in 12-18 months
Talking about synergy, he said, ”We are coming up with a new strategy for future growth. We are working together as a common team to ensure that Max Insurance’s life grows faster than the industry. We are working together to look at product mix to drive Axis channel so outcome is favorable for both customers and the company.” Besides, he said working on analytics areas to leverage each other’s capabilities.
Heavyweight bureaucrats to fight out for the IRDA chairmanship
Among the serving and retired IAS(Indian Administrative Service) officials who have applied for the top regulatory job of the Indian insurance industry are- B.V.R. Subrahmanyam(1987 batch ) who recently joined as secretary, Ministry of Commerce after serving as a chief secretary of Jammu and Kashmir(J&K) since 2018,Manoj Parida(1986 batch)), advisor to the administrator of Chandigarh, VP Joy(1987), chief secretary, Kerala, Chhabilendra Roul(1985), former secretary, Department of Fertilizers, Ministry of Fertilizers and Chemicals, Preeti Sudan, (1983-batch) who had retired as the union health secretary in July 2020.,Anup Wadhawan, who retired as the secretary, ministry of commerce in May end