Together, BRICS nations account for 47 per cent of the world’s...
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Announcements by US to have substantial implications for global trade: WTO DG
"While the situation is rapidly evolving, our initial estimates...
Fitch cuts China’s credit rating on rising debt, weakening finances
"The downgrade reflects our expectations of a continued weakening...
FPIs pump in Rs 8,600-cr in Sep; pace of investment slows
FPIs turned net buyers in July after nine straight months of net outflows, which started in October last year. Between October 2021 till June 2022, they sold Rs 2.46 lakh crore in the Indian equity markets. New Delhi: After infusing more than Rs 51,000 crore last...
Conflict, climate change and Covid pose threat to health of women, children: PMNCH
As many as 18 million children did not receive a single dose of DTP in 2021. The vast majority of these children live in low and middle-income countries, with India, Nigeria, Indonesia, Ethiopia and the Philippines recording the highest numbers, the statement said In...
Ayushman Bharat Digital Mission crosses 1 cr digitally linked health records
Union Health Minister Mansukh Mandaviya Over 28,300 hospitals of which 46 per cent are private have been empanelled so far under the scheme. Of the total 3.8 crore hospital admission under the scheme, 46 per cent were in government-run hospitals. Fifty-two per cent of...
India on track to attract $100 bn FDI this fiscal on back of reforms: Govt
The reform measures include liberalization of guidelines and regulations, in order to reduce unnecessary compliance burden, bring down cost and enhance the ease of doing business in India, it added New Delhi: India is on track to attract USD 100 billion foreign direct...
Belgium’s Ageas first to pick up majority stake in Indian life insurance JV; pays Rs 580 crore to IDBI Bank
''With this transaction, Ageas increases its interest in the joint venture that it has operated to date together with IDBI Bank and Federal Bank to 74 per cent.'' Ageas Federal Life Insurance said with the completion of the majority shareholding by Ageas, it is the...
Fed again hikes interest rates by 75 basis points in aggressive bid to fight inflation
Officials expect the benchmark rate to rise to 4.4% by year end and 4.6% during 2023, according to the median estimate in updated quarterly projections published alongside the statement. That indicates a fourth-straight 75 basis-point hike could be on the table for...
Tier 2, 3 cities becoming centre of economic activities, states should start planning from now: PM Modi
Prime Minister Narendra Modi "The states should start planning of tier 2 and tier 3 cities from now. Tier 2 and Tier 3 cities are now becoming the centre of economic activities. Our startups are taking place in those cities. We should focus on developing industry...
Punjab considering restoration of old pension scheme, says CM Bhagwant Mann
"My government is considering reverting to the Old Pension System (OPS). I have asked my chief secretary to study the feasibility and modalities of its implementation. We stand committed to the welfare of our employees," Punjab Chief Minister Bhagwant Mann said on...
DPIIT working on law to decriminalise different provisions related to minor offences
“We are making an Act. We are bringing one bill and that one bill seeks to decriminalise all the minor offences mentioned in different Acts. We are having consultations with all the departments on the bill. We will bring a common Act for decriminalisation. Basically...
IRDAI looks for M&A consultants, Insurance industry to see M&A deals and new entrants
''The sector, like others, has witnessed some merger and acquisitions in the past and will continue to witness them and newer opportunities will emerge in the future. Players with sound underwriting practices, strong financials and right management practices will...