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Concretisation of roadsides in Ghaziabad NGT issues notices to MoEF others
The NGT was hearing a plea claiming "vast-scale, mindless and...
Finmin asks state-owned general insurers to focus on profitable businesses
Vivek Joshi,Secretary,Financial Services Oriental Insurance has...
Ease of Living Index:Bengaluru, Shimla best cities to live
This index was first launched in 2018 and is based on indicators across 15 evaluation criteria. These criteria include governance, identity and culture, education, health, safety and security, economy, affordable housing, land use planning, public open spaces, transportation and mobility, assured water supply, waste-water management, solid waste management, power, and quality of environment.
It provides a comprehensive understanding of participating cities across India based on quality of life, economic-ability of a city, and its sustainability and resilience.
EPFO retains 8.5 pc interest on EPF deposits for 2020-21
As per the practice, the CBT decision on interest rate would be send to the finance ministry for concurrence. After getting the finance ministry’s nod, the 8.5 per cent rate of interest for this fiscal would be credited into the EPFO subscribers’ accounts.
Explain rationale behind classification for COVID-19 vaccination: HC to Centre
”We are not utilising it fully. We are either donating it to foreign countries or selling it to them and are not vaccinating our own people. So there has to be that sense of responsibility and urgency,” a bench of Justices Vipin Sanghi and Rekha Palli said.
Sebi proposes stricter rules on independent directors
The Securities and Exchange Board of India (SEBI) proposed that if listed companies in India wish to appoint or remove independent directors they should require the “dual approval” of shareholders and a majority of the company’s minority investors.
If either of the requirements are not met, a new person will not be appointed and existing independent directors can’t be removed, SEBI said in its proposal, which is open for public consultation until April 1.
Currently, only 51% shareholder approval is required for appointing or removing such directors in most cases, and no separate sign-off is needed from minority investors.
Rajeswari joins IRDA as member, Distribution
Meanwhile, the government has advertised for the post of member, Finance & Accounts,IRDAI as the incubment Pravin Kutumbe will be retiring on 12th March after completing his three-year term.
Subhash Chandra Khuntia, chairman, IRDAI, will completing his three-year term in May.
NCPCR issues summons to DGCI over lack of uniform test for carcinogenic substances in J&J”s baby products
Time and again the commission has made attempts to seek definite information on the standardised and validated method for analysing the presence of formaldehyde in baby shampoo and asbestos in talcum powder manufactured and marketed by Johnson & Johnson Private Limited, the summons issued by the NCPCR stated.
Extreme weather events put $84 billion of Indian bank debt at risk
The banks flagged exposure to environmentally sensitive businesses including cement, coal, oil and power. They also listed the effects of cyclones and floods on loan repayments in farming and related sectors. Lenders accounted for 87% of the total risk, valued at about $97 billion, across 67 top Indian companies that responded to CDP.
RBI restricting banks from raising stakes in insurance firms: Report
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period.
The central bank in 2019 unofficially advised banks seeking to acquire stakes in insurers, to limit such stakes to a maximum of 30%, and more recently directed them to cap stake purchases in insurers at 20%.
Centre allows all private hospitals to administer Covid-19 vaccine
“Private hospitals not empanelled under the above-mentioned three categories have also been permitted to operate as COVID Vaccination Centres (CVCs) if they have adequate number of vaccinators, adequate space for observation of the vaccinated, adequate cold chain arrangement and adequate arrangement for management of Adverse Events Following Immunisation(AEFI),” the statement said.
In addition to all the government health facilities, all private hospitals empanelled under the CGHS, the AB-PMJAY and the state health insurance schemes can function as CVCs, subject to them mandatorily adhering to certain norms, the statement said.
India reports 14,989 fresh COVID-19 cases
As per the Indian Council of Medical Research (ICMR), as many as 21,84,03,277 samples have been tested for the coronavirus as of Tuesday, including 7,85,220 in the last 24 hours.