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Sebi revamps investor charter to boost transparency, grievance redressal
The revamped charter aims to enable investors to better understand...
Kerala HC criticises Centre, state on lack of clarity in Wayanad relief aid
The queries from the court came during a hearing of a plea...
India’s vehicle scrappage policy provides opportunities for new biz models: Experts
Deloitte India Partner & Leader, Government & Public Services Arindam Guha said in addition to reducing vehicular pollution and improving road safety, the vehicle scrapping policy is also likely to attract additional investments and generate employment through registered vehicle scrapping facilities (RVSFs), with around 50-60 such centers likely to be set up across the country.
Power ministry circulates draft rules on clean energy, seeks comments
The draft rules will provide in detail for Renewable Purchase Obligation (RPO); Green energy open access; nodal agencies; Procedure for grant of green energy open access; banking; and cross subsidy surcharge.
New York’s pension fund to review oil holdings, axes more coal investments
The move by the New York state pension fund comes days after the United Nation’s Intergovernmental Panel on Climate Change reported global warming was nearly out of control, and calling its findings “a death knell for coal and fossil fuels.”
Major investors, including BlackRock have re-evaluated holdings in fossil fuel producers and prodded energy executives to reduce emissions and prepare for a lower carbon world. After completing its shale review, the New York fund plans to turn next to oil and gas pipeline and processing investments, it said.
PM announces Rs 100 trillion Gatishakti scheme for holistic infra growth
The over Rs 100 lakh crore Gatishakti initiative will “bring employment opportunities for youth and help in holistic infrastructure growth”, he said.
Modi said Gatishakti will help local manufacturers turn globally competitive and also develop possibilities of new future economic zones.
PM announces Hydrogen Mission, self-reliance in energy by 2047
Hydrogen is produced predominantly through Steam Methane Reforming, or SMR, which utilizes fossils fuels, such as natural gas or coal, and through Proton Exchange Membrane Electrolysis, which splits water into hydrogen and oxygen using a current of electricity.
Currently, all hydrogen consumed in India comes from fossil fuels. By 2050, three-fourth of all hydrogen is projected to be green — produced by renewable electricity and electrolysis.
Odisha CM announces smart health cards for 3.5 crore people
Beneficiaries of national and state food security schemes, and Annapurna and Antyodaya initiatives will get the cards under which women can avail treatment up to Rs 10 lakh per year, and other family members will get the benefit up to Rs 5 lakh each.
Noting that the initiative will cover 3.5 crore people in 96 lakh families in a phased manner, Patnaik claimed that Odisha is the first state in the country to provide such smart health cards.
He said that the beneficiaries can avail health services in more than 200 hospital chains across the country including Odisha and it will strengthen the health security of the people of the state.
FM to meet CEOs of public sector banks on Aug 25 to review financial performance
Interestingly, this would be the first physical review meeting since the outbreak of the pandemic in March last year. The meeting is expected to take stock of the banking sector, progress on restructuring the 2.0 scheme announced by the Reserve Bank of India (RBI), sources said, adding that banks may be nudged to push loan growth in productive sectors.
The revamped Rs 4.5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) would also be reviewed during the meeting likely to be held in Mumbai, sources said.
Ker Police comes up with country’s first Drone Forensic Lab & Research Centre
Vijayan said that the Kerala government is working towards reducing the socio-economic inequalities, which still prevail after 75 years of Indian independence, and also to ensure protection of the environment and improving education in the state,
Higher than national average, per capita income of Telangana doubled in 7 years:KCR
”Likewise, when the state was formed in the 2013-2014 financial year our State Per Capita Income was Rs. 1,12,216 whereas now Telangana’s State Per Capita Income has reached Rs.2,37,632. Presently, our country’s Per Capita Income is recorded as Rs. 1,28,829. It is to be noticed that the Telangana State Per Capita Income is more than that of the country Per Capita Income,” he said.
All possible help being extended to people in 26 flood ravaged districts: Bihar CM Nitish Kumar
All possible help is being extended to the people. Daily review meetings are being conducted along with the issuance of safety guidelines. People have been evacuated from affected areas and provided with relief aid,” said Chief Minister Nitish Kumar.