The panel also said climate catastrophe and the resulting severity...
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Karnataka launches free round-the-clock helpline for joint surgery second opinion
"The helpline will offer a platform in Kannada and English, where...
Govt notifies telecom cyber security rules sets timelines for telcos to report security incidents
Under the rules, every telecom entity will be required to implement...
Average annual revenue collection from tobacco products stands at Rs 53,750 cr: FM
Answering supplementary questions, Finance Minister Nirmala Sitharaman said many non-governmental organisations (NGOs) and consumer education forums have suggested to increase levies on tobacco products considering the health impact.
HC seeks Delhi govt’s reply on plea concerning mental health of students in schools, colleges
Relying on the National Mental Health Survey of India 2015-16, Devina Singh, who has filed a PIL IN Delhi High Court, has contended that children and adolescents are vulnerable to mental disorders and the healthcare system does not prioritize mental health.
Singh has claimed that stress, fear, depression, insomnia, disconnectedness, and lack of self-confidence, are the issues widely prevalent among students but left unattended.
Johnson and Johnson still in discussion with Centre over indemnity issue: Sources
As per the sources, Johnson and Johnson is not going to participate in the trials for the single-dose vaccine in India. They are also having discussions over indemnity with the government.In June, a spokesperson of the company told ANI that as per the recent announcement by the Drugs Controller General of India (DCGI), there is no longer a requirement to conduct bridging clinical studies of COVID-19 vaccines in India.
Lok Sabha passes bill to amend general insurance law without debate
As per the statement of objects and reasons of The General Insurance Business (Nationalisation) Amendment Bill, 2021, it seeks to remove the requirement that the central government should hold not less than 51 percent of the equity capital in a specified insurer.
It aimed at generating required resources from the Indian markets so that public sector general insurers can design innovative products.
Full functional autonomy for PSU general insurers not privatisation: Unions
On Friday, Sitharaman also said the private general insurers have greater penetration and raised more money from the market and therefore give a better premium for public and innovative covers. On the other hand, the government insurers are not able to perform as they are short of resources.
Responding to that Jha said: “In 2019-20 the four PSU general insurers issued about 7.33 crore policies. The numbers of last fiscal will be similar. One should compare this with the number of policies issued by the private players to calculate insurance penetration.”
Bengal finance minister Amit Mitra questioned the “anti-people policy” of privatising public sector insurance companies LIC and United India Insurance Company, urged her to stop the privatisation attempt that will jeopardise investments of crores of people.
Permanent solution needed to prevent recurring floods in Maha: CM
Chief Minister Uddhav Thackeray said the MVA government will come up with a ”holistic long-term plan” for all the flood-affected districts such as Satara, Sangli, Kolhapur, Raigad, Sindhudurg, and Ratnagiri to ensure the construction of roads, bridges etc.
He also said the state government will review the reports submitted by all the committees set up earlier, including of the Vadnere committee, to recommend measures to avoid floods.
479 infrastructure projects show cost overruns worth Rs 4.4 trillion
Out of 541 delayed projects, 109 projects have overall delay in the range of 1-12 months, 119 (13-24 months), 192 (25-26 months) and 121 projects (61 months and above).
The average time overrun in these 541 delayed projects is 45.76 months.
Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages.
GST collection of over Rs 1 lakh cr for July indicates economy recovering at fast pace, says Sitharaman
“With the easing out of Covid restrictions, GST collection for July 2021 has again crossed Rs 1 lakh crore, which clearly indicates that the economy is recovering at a fast pace. The robust GST revenues are likely to continue in the coming months too,” the Finance Ministry said.
RBI’s new rules on interchange fee, 24/7 bulk clearing facility functional
National Automated Clearing House (NACH) has been made available on all days of the week, effective August 1, 2021.
NACH, a bulk payment system operated by the National Payments Corporation of India (NPCI) facilitates one-to-many credit transfers such as payment of dividend, interest, salary and pension.
It also facilitates collection of payments pertaining to electricity, gas, telephone, water, periodic instalments towards loans, investments in mutual funds and insurance premium.
Simplified patent, copyright registration helping India become an innovation hub: Piyush Goyal
The number of patents granted has gone up from 6,326 in 2015-16 to 28,391 in 2020-21, while Trade Marks registration has shot up from 65,045 in 2015-16 to 2,55,993 in 2020-21. Similarly, while 4,505 Copyrights were granted in 2015-16, a total of 16,402 were granted last fiscal, said the ministry.
Industry Minister Piyush Goyal reiterated the Government’s commitment to bolster the ecosystem of patents, design, trademarks, GI (Geographical Indication) systems; to encourage innovation, research and development in the country and bring newer inventions and knowledge from India’s heritage systems to a global platform.