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India’s exports may take a $30 billion hit on Red Sea disturbances
Higher global freight and insurance rates, possible upside risk to...
PK Arora, Member, Actuary, IRDAI gets 2-yr extension
Pramod Kumar Arora, member, Actuary, IRDAI Though, the...
With 12,899 new COVID-19 cases, India’s tally reaches 1,07,90,183
According to the Union Ministry, the total number of active COVID-19 cases stands at 1,55,025. As many as 44,49,552 people have been administered the COVID-19 vaccine so far, as per the Health Ministry.
Indian carries’ fleet strength rise from 669 in March 2020 to 713 in November 2020:Puri
”Brazil has around 1,250, Australia has around 2,000, the US has more than 14,000. There is a growing requirement of helicopters for civil use in tourism, mining, corporate travel, air ambulance, homeland security, air charter, etc,” he added.
He said that while big established airlines across the world are in red, the fleet strength of Indian carries has increased from 669 in March 2020 to 713 in November 2020.”This fignure will go beyond 2,000 in the next few years,” he mentioned.
Maharashtra: Uddhav Thackeray launches scheme for startups to help file IT patents
“Our goal is to make the state number one in various skill development schemes and startups. A number of schemes have been undertaken for this purpose and new schemes will be added in the future as well. It has been proposed to set up an international standard Center for Skill Development in Mumbai and courses in ITIs are being updated in a timely manner,” Malik said.
Passenger traffic at airports in tier 2, 3 cities higher than pre-COVID levels: IATA
‘In domestic, we have seen a strong expansion in new destinations and the deployment of new flights. Unused and under utilised airports in India are starting to see additional passenger activity,” Amitabh Khosla, country director of International Air Transport Association (IATA) said during a seminar at Aero India 2021.
I
Govt sticks to $5 trn economy target; emphasis on infra aimed at achieving goal:DEA Secy
The Budget presented by Finance Minister Nirmala Sitharaman on Monday has given a big push to infrastructure spending, monetisation of assets, ramping up of capacities in healthcare sector and agriculture sector, among others. These initiatives are aimed at reviving the economy ravaged by the COVID-19 pandemic.
“We have not revised the target. We are pushing for it. The various initiatives of the government including emphasis on infrastructure are targeting towards achieving that goal,” Bajaj told PTI in an interview.
International rating agencies give thumbs up to proposal of raising FDI limit to 74 % in insurance sector
Prospectively, given the historical trends and the opportunity to hold greater ownership in the insurance companies, AM Best is of the opinion that the Indian insurance industry is likely to attract significant overseas capital inflow.
The possibility of higher foreign ownership would improve insurers’ financial flexibility by offering additional opportunities to bolster solvency. In addition, insurers would benefit from the sharing of risk management best practices, possibly leading to a lowering of exposure to high-risk assets and adoption of risk-based capital management, explained Mohammed Ali Riyazuddin Londe, vice President – senior analyst, Financial Institutions, Moody’s Investors Service.
Govt blocked 296 mobile apps since 2014, says Union minister Sanjay Dhotre
He said several reports had been received about some of these apps being misused for ”… for stealing and transmitting user data such as financial data, permission for accessing of all possible data available in device, etc and real-time activity surreptitiously to servers located outside India”.
39 pc people in HP suffer from obesity, 11.5 pc diabetic: Study
”Himachal Pradesh ranks seventh in the country in terms of prevalence of type-two diabetes, and has a higher prevalence than the national average as well as its neighbouring states of Punjab, Haryana and Uttarakhand,” he said
The prevalence is same among males and females, but is higher in urban areas as compared to rural areas, Mokta added.
He said that according to the study, around half of those suffering from diabetes have not been diagnosed with the disease and are unaware about the problem.
Govt to develop 8 new cities to meet urbanisation demand: Official
He said that in the country, no new cities have come up for many years, adding that the the Finance Commission has granted Rs 8,000 crore to incubate new cities.
According to the ministry, Rs 1,000 crore will be available for each city.
Govts, people incur financial losses in any agitation: MHA
“Delhi Police has informed that Ghazipur, Chilla, Tikri and Singhu borders of the national capital are blocked by the agitating farmers and it is inconvenient for the residents of Delhi and neighbouring States. In any agitation, there is a financial loss incurred by people and governments,” MHA replied in Rajya Sabha today.