One new Foxconn template ad reviewed by Reuters described...
Category:
Indian News
Latest
Do not relax anti-pollution GRAP-4 curbs in Delhi without court’s nod: SC
A bench of Justices Abhay S Oka and Augustine George Masih pointed...
Sitharaman responds to X user seeking relief for middle class
"PM @narendramodi's government is a responsive government. Listens...
Innovative technologies required to douse Jharia coal fire: official
”The government is very much concerned about the safety of humans living in the coal-bearing areas in Jharia and Raniganj.
”The companys (Coal India’s) top priority should be to douse fire in Jharia by introducing new technologies,” said Additional Secretary, Ministry of Coal (MoC), Vinod Kumar Tiwari here as per a statement from CCL.
India bans Mastercard from issuing new cards in data storage row
In a notification, the RBI said Mastercard had not complied with data storage rules from 2018 that require foreign card networks to store Indian payments data “only in India” so the regulator can have “unfettered supervisory access”.
Covid-19: Third wave of pandemic looks more real now, says report
The risks are real and rising because the pace of vaccination has slowed down to under 3.4 million doses daily from 4 million earlier and also as many as 45 per cent of the daily infections are being reported from rural areas, points Tanvee Gupta-Jain, the chief economist at UBS Securities India.
India accounted for highest number of govt requests for account info in Jul-Dec 2020: Twitter
India also ranked second in terms of volume of legal demands for content removal, after Japan, Twitter — which has an estimated 1.75 crore users in India — recently appointed a Resident Grievance Officer, days after it designated a Chief Compliance Officer, and also released its first India Transparency Report on Sunday to comply with the new IT rules.
Hospitals’ revenue likely to grow 20-22% in FY2022: ICRA
“Overall, ICRA expects at least 200 bps improvement in profitability in FY2022, though the margins are expected to moderate from the level seen in Q4 FY2021 due to normalisation of some of the cost-cutting measures and higher proportion of Covid-19 treatment. Further, the restrictions on treatment charges for Covid-19 patients in certain states could keep the margins in check,” ICRA Assistant Vice President & Sector Head, Mythri Macherla, said in a statement.
Govt waives import duty on raw materials for Covid test kits, APIs for Amphotericin B
In a notification dated July 12, the Finance Ministry said the basic customs duty exemption on raw materials for manufacturing Covid test kits would be till September 30, 2021. While the exemption on specified API (active pharmaceutical ingredients)/ excipients for Amphotericin B would be valid till August 31.
World witnessing third wave, ensure it doesn’t hit India: Dr VK Paul
“We would like to request to everyone, when we talk about the third wave (of COVID-19), we are taking it as a weather update and not understanding its seriousness and our responsibilities associated with it,” he said. Agarwal also highlighted that the Centre has deputed teams in 11 states so that they can help the state governments in COVID-19 management.
Clean Energy:Mukesh Ambani’s Reliance Industries plans foraying into solar power manufacturing
India, the world’s third biggest emitter of greenhouse gases, plans to expand its renewable power capacity nearly five-fold to 450 gigawatts by the end of the decade, aiming to reduce dependence on fossil fuels that currently drive its economy. Solar power will account for around 62% of the 2030 target, meaning the country will need to add about 26 gigawatts of capacity annually for the next nine years. The country’s own factories can currently meet less than half the demand for modules.
The government is giving 45 billion rupees ($603 million) to companies setting up solar manufacturing facilities.
People cutting spends on health, grocery as fuel prices bite, say SBI economists
”As consumers are spending more on fuel, it is crowding out expenses on health. Our analysis of SBI card spends indicates that spend on non-discretionary health expenditure has been substantially reduced to accommodate increased expenditure on fuel,” group chief economic adviser Soumya Kanti Ghosh said.
”In fact such spending has more than crowded out the spending on other non-discretionary items, like grocery and utility services to such an extent that the demand for such products has significantly declined,” he added.
Maha unveils new EV policy, sets 10 pc share in total registrations by 2025
”The policy has some ambitious targets. Electric vehicles must comprise at least 10 per cent of total vehicles registered by 2025. We also want to achieve 25 per cent EV share in public transport in Mumbai, Pune, Nagpur, Aurangabad and Nashik. It includes converting 15 per cent of the MSRTC fleet into EVs by 2025. We also intend to make Maharashtra the top producer of battery driven EVs in India in terms of annual production capability,” Singh said.