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Indian News

Why Chinese involvement in financial frauds in India is alarming

Police said that around 40,000 confirmed victims have been identified who have been cheated of crores in two months. Almost Rs 4.75 crores of cheated money has been blocked in various accounts and more than Rs. 25 lakhs recovered in cash from the arrested Chinese nationals.

“The malicious app was also making millions of Indian users follow thousands of social media accounts of unknown origin and ownership, with huge potential of future misuse of this by a foreign entity,” said Anyesh Roy, DCP Crime Crime.

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Ageing dams in India, US, other nations pose growing threat: UN report

Ageing signs include increasing cases of dam failures, progressively increasing costs of dam repair and maintenance, increasing reservoir sedimentation, and loss of a dam’s functionality and effectiveness, “strongly interconnected” manifestations, the report said.

“By 2050, most people on Earth will live downstream of tens of thousands of large dams built in the 20th century, many of them already operating at or beyond their design life,” according to the UN University analysis.

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Aviation sector workers be vaccinated on priority after health workers: MoCA to MoHFW

“Considering that the frontline workers of airlines and airports are also involved in movement of vaccines, this MoCA recognizes the merit in the proposal and requests the MoHFW (Ministry of Health and Family Welfare) to include frontline workers of airlines and airports along with frontline workers mentioned in the operational guidelines released on December 28, 2020,” Secretary, Ministry of Civil Aviation (MoCA), Pradeep Singh Kharola said.
As per the guidelines issued by the health ministry on December 28 last year, initially around 30 crore Indians will be vaccinated, including around three crore healthcare and frontline workers, and approximately 27 crore people of over the age of 50 years.

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COVID-19 pandemic underlined need for higher budget allocation for healthcare sector

The pandemic has completely changed the dynamics of the Indian healthcare ecosystem, NATHEALTH President and Apollo Hospitals Executive Vice-Chairperson Preetha Reddy told PTI.

‘It has reiterated the need for increased investment in healthcare infrastructure, national level programmes for skill development and training of healthcare staff, increase in number of medical colleges, effective PPP models and further boost for local manufacturing,’ she added.

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Privacy fears as Indian city readies facial recognition to spot harassed women

While there is a growing backlash against facial recognition technology in the United States and in Europe, Indian officials have said it is needed to bolster a severely under-policed country, and to stop criminals and find missing children.

But digital rights activists say its use is problematic without a data protection law, and that it threatens the right to privacy, which was declared to be a fundamental right by the Supreme Court in a landmark ruling in 2017.

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Okinawa Autotech plans to invest Rs 150 crore to set up new manufacturing unit in Rajasthan

The company, which had recently launched B2B electric two-wheeler – Okinawa Dual, priced at Rs 58,998, targeting the delivery sector, expects sales from the segment to account for around 20 per cent of its total sales.

”We are coming up with a new facility and new products. The total investment in the next fiscal year will be around Rs 150 crore,” Okinawa Autotech Managing Director and Founder Jeetender Sharma told PTI.

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Irdai panel for separate payments of vehicle, insurance premium

The committee recommended that the customer should make payment to the insurance company directly which is facilitated by the MISP.

”MISP shall not collect the insurance premium amount in its own account and then transfer the same to the insurance company,” it added.

According to the report, the motor insurance business sourced by MISPs through brokers and insurers put together constitutes around 25 per cent of the total motor insurance business or around 11.25 per cent of the overall general insurance business.

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