Shantikanta Das,Governor, Reserve Bank of India ``I am actually of...
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Regulatory changes to provide necessary push to surety bonds business say experts
"The expectation that surety bonds should be cheaper than bank...
Cyclone Dana impacted 35.95 lakh people in Odisha no human casualty so far Minister
The worst-hit districts include Kendrapara, Balasore and Bhadrak,...
Govt explores crowd funding for treatment of rare diseases
Union Health Minister Harsh Vardhan appealed to the corporate associations and PSUs to contribute generously to the cause of treatment of patients with rare diseases under CSR initiatives.
Rare disease committees have been constituted, nodal officers appointed and Rare Disease Fund Accounts have also been created at notified eight Centres of Excellence (COEs). Nidan Kendras in UMMID programme have been opened for genetic screening, he said.
Globally, eight percent of the population suffers from rare diseases. Seventy five percent of the survivors are children which makes parents run from pillar to post for their treatment, exhausting their resources and emotionally draining themselves in the process,” the minister was quoted as saying in the statement.
COVID deals new blow to foreign carmakers’ Indian dream
With their Indian factories running well below capacity and sales far behind original hopes, firms like Ford, Honda, Nissan, Skoda and Volkswagen face difficult decisions about future investments.
“It is a survival issue,” said one senior executive with a Western automaker who declined to be named.
Covid-19 Pandemic:Gloom gathers over India’s rural economy
Satara: Having watched his father’s funeral pyre burn by a river bank close to their farm last month, Indian sugarcane grower Dattatray Bagal and his brothers had to set aside grief to count the financial cost of the coronavirus’s impact on their...
Experts urge India’s richest state to gear up for third wave of COVID-19
“We should have a clear plan, and keep our preparations ready for the next few weeks, whenever the next wave comes,” Rahul Pandit, a member of the state’s COVID task force and a director of Fortis Hospitals Mumbai, told Reuters.
“Our efforts should be directed in delaying the wave as much as we can, and even try to prevent it.”
RBI allows Centrum to take over PMC, re-launch it as SFB in JV with BharatPe
Centrum hopes to complete the licence terms and conditions within the next 120 days, and seek the RBI’s final approval to launch the small finance bank and take over PMC, Centrum Group Executive Chairman Jaspal Bindra said.The group said it will launch the proposed small finance bank (SFB) as an equal joint venture with digital payments start-up BharatPe.
When launched, it will be the first SFB to come up in nearly six years, after the central bank gave licences to 10-odd players in August 2015 and put such bank licensing under the on-tap mode.
17 children died of Covid-19 in Meghalaya, state taking steps to combat third wave: Minister
“So far, 5,101 children in the age group of 0-14 years were diagnosed with the disease. Seventeen children died of the infection since last year,” the minister said.
Noting that the third wave of the pandemic, which is likely to strike later this year, may pose a greater threat to the children, as suggested by experts, he said the state government is making necessary preparations in anticipation.
India logs 67,208 new COVID-19 cases, 2,330 deaths in last 24 hours
According to the Health Ministry, the national COVID-19 recovery rate has improved to 95.93 per cent. The recoveries continued to outnumber daily new cases for the 35th consecutive day. India witnessed 1,03,570 recoveries in the last 24 hours, taking the recovery tally to 2,84,91,670.
Govt extends validity of motor vehicle documents till Sept 30 due to Covid
The Ministry of Road Transport and Highways (MoRTH) said it has advised the enforcement authorities that the validity of fitness, permit (all types), licence, registration or any other concerned document(s) may be treated to be valid till September 30, 2021.
“This covers all documents whose validity has expired since Feb 1, 2020, or would expire by September 30, 2021. This will help out citizens in availing transport related services, while maintaining social distancing,” it said.
21.15 lakh domestic air passengers in May, 63 pc lower than April: DGCA
According to the Directorate General of Civil Aviation (DGCA), 78.22 lakh people travelled within the country by air in March.
The drop in domestic air traffic in May was due to the second wave of the COVID-19 pandemic that had badly hit the country and its aviation sector.
MHA operationalises national helpline, reporting platform for preventing cyber fraud
The helpline was soft launched on April 1, 2021. The helpline 155260 and its reporting platform has been made operational by the Indian Cyber Crime Coordination Centre (I4C) under the home ministry, with active support and cooperation from the Reserve Bank of India (RBI), all major banks, payment banks, wallets and online merchants.