Shaktikanta Das,Governor,RBI “This means that cheques will be...
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RBI holds rates again; focused on bringing down inflation to target
Shaktikanta Das, Governor, Reserve Bank of India Resilient and...
131.3 lakh fishermen covered under Pradhan Mantri Matsya Sampada Yojana
Rajiv Ranjan Singh,Union Minister for Fisheries, Animal Husbandry...
India at forefront in fighting Covid-19, stands out in terms of vaccine policy: Gita Gopinath
The IMF has projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.
Crisil not sure about strength of credit qualit
Maintaining a cautiously optimistic outlook on credit quality for the near to medium-term, a Crisil director Akshay Chitgopekar said they are watching the normalisation of economic activity, agriculture performance and rural demand, the flow of investments into infrastructure to gauge the level and sustainability of the recovery seen from last October.
A second wave of the pandemic, especially with mutations that undermine the effectiveness of current vaccines, leading to containment measures can derail the ongoing recovery, he warned.
Have set up an alliance ready to help India achieve its renewable energy goals: US
“India has a plan to produce about 450 gigawatts of renewable power by 2030, it’s a very ambitious goal. It’s a great goal but they need about 600 billion dollars to be able to help make that kind of a transition,” he said.
Health schemes, lower drug prices led to annual saving of Rs 50k cr for needy families: PM
Stating that poor and middle-class families are saving about Rs 3,600 crore every year on expensive medicines through the scheme, Modi said it is promoting ‘Aatamnirbharta’ among women as more than 1,000 centres are being run by the women.
”It has led to the saving of Rs 12,500 crore per year for the needy people. The Ayushman Bharat scheme is helping 50 crore people get Rs 5 lakh worth of treatment. Over 1.5 crore people have already taken this benefit. It is estimated that it has led to savings of around Rs 30,000 crore for people.
Data sharing, cybersecurity top concern areas for banks, customers: Deloitte
Observing that not only banks, but even customers are wary of data sharing, it said, “Cybersecurity and data protection are the top concern areas across all age groups, followed closely by wariness towards third-party access to data and transparency on data usage”.
Over the years, the value of data has reached unprecedented levels.
India Inc’s business confidence highest in decade: FICCI Survey
With the demand situation slowly turning positive, an improvement was also noticed in capacity utilisation rates. In the current survey, around 77 per cent of participating companies reported capacity utilisation of more than 50 per cent, compared with 68 per cent stating likewise in the previous round.
Junk your old car and get 5% rebate from automakers on new buy: Gadkari
“There are four major components of the policy…Apart from rebate, there are provisions of green taxes and other levies on old polluting vehicles. These will be required to undergo mandatory fitness and pollution tests in automated facilities. For this automated fitness centres would be required through out in the country and we are working in that direction,” Gadkari said.
Automated fitness tests will be set up under public private partnership (PPP) mode while the government will assist private partners and state governments for scrapping centres, he said.
Govt to increase number of Janaushadhi Kendras to 10,000 by 2024: Union Health Minister
”In the next six years (up to 2020) the number of outlets has grown to 7,300. Every district of the country has been covered. Today, on March 7, 2021, we have started the 7500th Kendra. We are committed to increasing the number of stores to 10,000 by 2024,” he was quoted as saying in the statement.
HDFC ERGO Gen launches cover to protect balance sheet of MFIs, FIs and banks against natural disasters
Over the past few years, rising natural calamities such as floods and cyclone, have impacted the livelihoods of people residing in these calamity-prone areas. Moreover, such calamities also severely impact the lending businesses in these areas. Business Kisht Suraksha aims to address these concerns by indemnifying against these climatic changes whilst also protecting financial institutions from rising NPAs occurring due to the impact of natural disasters, explained Anurag Rastogi, Chief Actuary & Chief Underwriting Officer, HDF ERGO General Insurance
Delhi among top three states with most contaminated sites, says Pollution Control Board
Odisha tops the list with 23 contaminated sites, followed by Uttar Pradesh (21) and Delhi (11).
According to the Union Environment Ministry, ‘Contaminated Sites’ are delineated areas in which the “constituents and characteristics of the toxic and hazardous substances, caused by humans, exist at levels and in conditions which pose existing or imminent threats to human health and the environment”.
Contaminated sites may include production areas, landfills, dumps, waste storage and treatment sites, mine tailings sites, spill sites, chemical waste handler and storage sites located in various land uses.