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Law Commission recommends amendments in Prevention of Damage to Public Property Act
The panel said that destruction of public property has continued...
IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1
As part of the Board’s internal governance practices, the Board has...
Parliament passes insurance amendment bill to raise FDI limit to 74%
The minister said the government will provide funds to the public sector insurance companies but private players will have to raise capital on their own.
A year after ‘Janata curfew’, coronavirus threat rears its ugly head again
India stands at number one position in terms of recovered coronavirus cases followed by Brazil, while it is in the third spot in terms of the cases after the US and Brazil, according to the Johns Hopkins University, which has been compiling global COVID-19 data.
No link between Uttarakhand floods, highway construction for Char Dham project: Govt
“As per reports received from Government of Uttarakhand, Geological Survey of India (GSI) and Defence Geo-informatics Research Establishment (DGRE), construction and widening of roads for the Char Dham project did not contribute to the Uttarakhand floods disaster,” Road Transport and Highways Minister Nitin Gadkari told the Rajya Sabha in a written reply.
As per scientific evidence available with the state government, this was is purely a natural event with no indication of human footprint directly attributable to its cause, he added.
India to increase interval between doses of AstraZeneca shot
NEW DELHI: India’s health ministry on Monday wrote to states asking them to administer second AstraZeneca coronavirus vaccine doses,Covishield, to recipients within four to eight weeks, from the current guideline of four to six weeks. “The...
Hyderabad-based Virchow Biotech to produce up to 200 mn doses of Sputnik V
The announcement follows similar deals with Indian pharmaceutical firms Gland Pharma, Stelis Biopharma and Hetero.
“Virchow’s proven capabilities in large-scale drug substance manufacturing should help meet the global demand for this vaccine,” Dr. Tummuru Murali, Managing Director of Virchow Biotech, said in a statement issued by RDIF.
Hike in monthly pension under EPS-95 scheme not possible without budgetary support: Govt
The trade unions have been pressing for higher minimum monthly pension under the EPS-95. Initially, they had proposed to provide at least Rs 3,000 per month to pensioners under the scheme. Later factoring in rise on cost of living index, some of them also demanded a minimum monthly pension of Rs 5,000 and even higher amounts under the scheme.
Vehicle scrapping policy insufficient to trigger replacement:Jefferies
“We also believe the original equipment manufacturers (OEMs) are unlikely to offer additional discounts at a time when demand is already recovering and companies are facing severe margin pressure due to elevated commodity prices,” it added.
India to launch supercharged push for global electric vehicle players
Companies will receive 4-7% government cashbacks on the eligible sale and export value of vehicles and components, but for EVs and their components there is an additional 2% as a “growth incentive” to promote electric mobility, according to the draft policy document seen by Reuters.
India records highest single-day surge since mid November
New Delhi: India added 90,797 cases of coronavirus in two days with 46,951 new infections being recorded in a span of 24 hours, the highest so far this year, taking the nationwide COVID-19 tally to 1,16,46,081, according to the Union Health Ministry...
RBI is yet to take decision on industrial houses owning banks :Thakur
Replying to a query on the RBI’s internal working group (IWG) report which had recommended that large corporate or industrial houses may be allowed as promoters of banks, he said the central bank has not taken any decision on the issue.
”The RBI will take a final decision keeping in mind interest of consumers of banks” Thakur said, adding even today private sector majority stake is in banks like ICICI and HDFC.