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Acko General Insurance reports losses of Rs 670 crore in FY24
The company is not expected to be profitable even this year....
PM Modi pitches for framing global dos don’ts for ethical use of technology
Prime Minister Narendra Modi Emphasising on ethical use of AI with...
India’s capacity for renewable energy increased by over 250 pc in 6-7 years, says PM Modi
“Before 2014, only seven airports had solar power facility, whereas today this number has increased to more than 50,” Prime Minister Modi pointed out as he elaborated about his government’s achievements.
5G tech safe; concerns around health consequences misplaced: COAI
“Radiation permitted in India is one-tenth of what is accepted globally, so already our systems have taken this into account…Any notion or concern about radiation and impact are misplaced. These are fallacious fears and this always happens whenever a new technology is introduced,” S P Kochhar, Director-General, COAI told PTI.
India reports 1,14,460 new COVID-19 cases and 2,677 deaths
This is the lowest number of cases reported in the last two months. On April 5, 96,982 cases were reported. The following day, 1,15,736 new cases were reported.
Second COVID-19 wave not to impact India’s agri sector in any way: Niti Aayog
”COVID-19 cases started spreading in the rural areas in May, with the beginning of May, and agriculture activity in May is bare minimal particularly land-based activities,” he added. ”…it (May) is a peak summer month and no crop is sown, no crop is harvested except little bit vegetables and some off-season crops,” Niti Aayog Member (Agriculture) Ramesh Chand explained.
As digital piracy rises amid pandemic, original content creators losing money: EY
As per a report by Digital TV Research, the loss of revenue for OTT players on account of piracy in India is expected to hit USD 3.08 billion by 2022, while the cost of global online streaming piracy will reach USD 52 billion by 2022.
India slips two spots to rank 117 on 17 Sustainable Development Goals
The State of India’s Environment Report 2021 revealed that India’s rank was 115 last year and dropped by two places primarily because major challenges like ending hunger and achieving food security (SDG 2), achieving gender equality (SDG 5) and building resilient infrastructure, promoting inclusive and sustainable industrialisation and fostering innovation (SDG 9) remain in the country.
The 17 SDGs adopted by UN member states are SDG1- no poverty, SDG 2-zero hunger, SDG3-good health and well-being, SDG4- quality education, SDG 5- gender equality, SDG 6- clean water and sanitation, SDG 7- affordable and clean energy, SDG 8 decent work and economic growth, SDG 9- industry, innovation and infrastructure.
Coal India alive and sensitive to need of environmental protection: Chairman
The statement assumes significance especially when there have been concerns about global climate change on account of the burning of fossil fuels, including coal, which releases green gases into the atmosphere.
”Restoration of the ecosystem, effective bio-reclamation, effective utilization of water are followed with equal fervor and importance as production,” Agrawal said in a communication.
Average 13 lakh new demat accounts added every month since Apr 2020
But, a vast majority of these accounts are inactive. An industry study in March 2020 said only a fourth of then 4 crore accounts were active.
According to Sebi guidelines, a demat account that has not been operated for a year is considered inactive.
IndusInd Bank to raise climate financing to 3.5% in 2 years
The bank will be increasing the allocation of capital towards climate finance to 3.5 per cent of its loan book over the next two years, which is currently at 2.7 per cent, IndusInd Bank said on the occasion of the World Environment Day.
India reports 1,00,636 new COVID cases, lowest in last 61 days
The new fatalities pushed the COVID death toll in the country to 3,49,186. As many as 36,63,34,111 samples have been tested in the country up to June 6 including 15,87,589 samples tested on Sunday, informed the Indian Council of Medical Research.