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Insurance Councils and Panchayat Raj ministry to identify gram panchayats for rural sector business: IRDAI
After the finalisation of the first gram panchayat for each...
Bombay HC allows maternity benefits for third child
"The right to reproduction and childrearing has been recognised as...
Digital payments soar manifold in 5 years to FY20: RBI
However, FY20 saw a massive spike in volumes over the previous year to 3,434.56 crore but in value slipped down to Rs 1,623.05 lakh crore, which can be attributed to the steep fall in the overall economy and the massive job losses, forcing people to spend less and preserve more cash.
FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October
According to the depositories data, overseas investors pumped in a net Rs 5,245 crore into equities and withdrew Rs 4,159 crore from the debt market during October 1-9.
This translated into a total net inflow of Rs 1,086 crore.
In September, FPIs were net sellers at Rs 3,419 crore.
“Better than expected Q2 (earnings) performance, rising GST collection and a general opening up of the economy are helping India in becoming an attractive investment destination,” Harsh Jain, co-founder and COO at Groww, said.
PM Modi launches property-card scheme to aid rural households
The government plans to use drone technology to map land parcels in rural areas and cover some 620,000 villages over the next four years, Modi said.
“Despite owning houses, people were facing multiple problems while borrowing from banks. These people can now borrow very easily from banks after showing property cards issued under ownership scheme,” Prime Minister Narendra Modi said.
India reports 73,272 new coronavirus cases, 926 fresh fatalities
For the second day in a row, the number of active COVID-19 cases remained below 9 lakh.
There are 8,83,185 active cases of coronavirus infection in the country which make 12.65 per cent of the total caseload, the data stated.
The COVID-19 case fatality rate was recorded at 1.54 per cent.
According to the Indian Council of Medical Research (ICMR), a cumulative 8,57,98,698 samples have been tested up to October 9. As many as 11,64,018 samples were tested on Friday.
India can be AI capital, policy framework for technology can accelerate development: Chandrasekaran
“Solving for data governance, specifically what should be the global standard for data residency — localisation, privacy and security — are very important steps for our long term success. I think developing a policy framework will accelerate development of AI and AI based solutions in a significant way,” Tata Sons Chairman N Chandrasekaran said.
Four low-intensity earthquakes recorded near Porbandar in Gujarat
Moratorium period exceeding six months may result in vitiating overall credit discipline: RBI to SC
The Finance Ministry had filed an additional affidavit in the apex court on October 2 saying it had decided to waive compound interest (interest on interest) charged on loans of up to Rs 2 crore for a six-month moratorium from individual borrowers as well as medium and small industries.
Paytm targets a million apps on its mini app store to take on Google
For Google, the face-off against Paytm and other Indian app startups creates a new problem in one of its top growth markets, where it has committed to spend around $10 billion over the next five to seven years through equity investments and tie-ups.
Google also faces four antitrust cases in India, the latest of which alleges the Mountain View, California-based tech giant abused its Android operating system’s dominant position to garner an unfair advantage in the smart TV market.
Google has denied any wrongdoing.
India’s coronavirus infections rise by 70,496 to 6.91 million
The COVID-19 case fatality rate due to the coronavirus infection was recorded at 1.54 per cent.
India’s death toll from the novel coronavirus rose past 100,000 on Saturday, only the third country in the world to reach that bleak milestone, after the United States and Brazil, and its epidemic shows no sign of abating.
Retreating monsoon rains worry paddy farmers in Maha
Gondia district agriculture superintendent Ganesh Ghorpade and his Bhandara counterpart Hindurao Chavan told PTI that farmers need not worry as of now, but if rains continue for some more time, then “things would get tougher”.
They have asked cultivators to delay the crop cutting work by five to six days and also keep a tab on rain prediction before harvesting the crop.