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RBI cautions public against frauds in KYC updation
In case of financial cyber frauds, members of public should...
Constant taunts over financial limitations grounds for divorce: Delhi HC
The court observed: "Pressurising a spouse to fulfill distant and...
FIU warns COVID-19 upheavals might beget new financial cyber crimes
“The upheavals generated by COVID-19 might prove to be a breeding ground for novel modus operandi and crimes such as electronic frauds and cybercrimes,” he said.
Notify health policy for rare diseases by March 31, HC asks Centre; directs setting up of R&D body
It also asked the government to consider increasing the budget for rare diseases for the upcoming financial year 2021-22 and said the policy should deal with giving financial incentives for manufacturing drugs and contributing towards treatment of rare diseases.
Sebi tightens rules for exchange disruptions
SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.
Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.
The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.
RBI forms external advisory committee for evaluating banking applications
The guidelines for ‘on tap’ licensing of Universal Banks in the private sector on August 1, 2016 and the guidelines for ‘on tap’ Licensing of Small Finance Banks in the private sector on December 5, 2019, had indicated that the applications for Universal Banks and Small Finance Banks would be initially screened by the RBI to ensure prima facie eligibility of the applicants.
Skymet launche adigital platform for connecting banking and insurance sector to agriculture
This digital platform paves the way for farmers to enhance crop yield and decrease crop risks.
skAIgeo helps the insurance sector to customise polices or programs after evaluation of crop risk assessment using different indices.
India reports 40,715 fresh COVID-19 cases, 199 deaths in last 24 hours
Six states — Maharashtra, Punjab, Karnataka, Gujarat, Chhattisgarh and Tamil Nadu — collectively account for 80.90 per cent of the 40,715 infections reported in a span of 24 hours.
The doubling time of COVID-19 cases in India has decreased from 504.4 days on March 1 to 202.3 days on March 23, the Health Ministry said on Tuesday, highlighting that six states have reported a surge in daily new cases and together account for 80.90 per cent of the new infections reported in a day.
Meanwhile, more than 32.53 lakh doses of COVID-19 vaccine were administered on March 22, which is the highest single-day vaccination so far, taking the total number of people inoculated to over 4.8 crore.
India’s rising coronavirus cases risk denting economic recovery
“There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive services such as personal care, recreation and hospitality gathering traction,” central bankers led by Deputy Governor Michael Debabrata Patra wrote in the Reserve Bank of India’s latest monthly bulletin. But “another outbreak, more lockdowns and restraints, will get unbearable in spite of learning from the initial experience of living with the virus.
Govt expands COVID-19 vaccination for people above 45 yrs from April 1
Meanwhile, Odisha might have to stop its coronavirus vaccination drive for four days because of a shortage of doses, according to a letter reviewed by Reuters, even as overall inoculations hit a record on Tuesday.
India”s total cases of mutant COVID-19 strains reach 795
According to the World Health Organisation (WHO), in the three countries where the pandemic is being driven by the variant mutants of SARS-CoV-2 virus, namely the UK, South Africa and Brazil, the South African and Brazilian variants have the potential to reinfect persons who have been previously infected with SARS-CoV-2, he said in a written reply.
Water governance a priority to ensure India’s self-reliance: PM Mod
“Today, when we are trying for rapid development, it is not possible without ensuring water security, without ensuring effective water management. The vision of India’s development, the vision of India’s self-reliance, is dependent on our water sources, is dependent on our water connectivity,” said PM Modi.