The RBI sharply cut the GDP growth projection to 6.6 per cent from...
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Canara Bank gets RBI nod for life insurance & MF stake divestment
Reserve Bank of India on Thursday has accorded approval to our bank...
OROP: Have decided not to accept recommendations on pension hike, Centre to SC
Earlier, the bench had come down heavily on the Centre for failing...
Regulators turn spotlight on company sustainability ratings
The International Organization of Securities Commissions (IOSCO), which groups market regulators from the United States, Europe and Asia, recommended in a consultation paper on Monday that its members consider formally regulating an industry that has so far largely been left to its own devices.
This lack of regulation has prompted concerns among some investors, who say methods of calculating ESG ratings are opaque, and environmentalists, who fear “greenwashing” – or that companies might sometimes get an ESG rating they don’t deserve.
Average power supply 22.17 hrs per day in villages, 23.36 hrs in cities: Power Min
The Centre recently approved the ”Revamped Distribution Sector Scheme – A Reforms based and Results linked Scheme” with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient distribution sector.
Irani inaugurates Women’s 24/7 helpline number
The helpline aims to provide 24/7 online support to women affected by violence through referral by linking them with appropriate authorities such as police, hospitals, District Legal Service Authority, psychological services etc,It will also provide information about women related government programmes across the country through a single uniform number.
7,938 Janaushadhi centres functional across India: Mandaviya
”The product basket of Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP) comprises 1,451 medicines and 204 surgicals & consumables covering all major therapeutic groups such as anti infectives, anti-allergic, anti-diabetics, cardiovascular, anti-cancers gastro-intestinal medicines, nutraceuticals, etc,” he added.
Cairn arbitration: Govt confirms French court order against Indian assets
The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain’s Cairn Energy, which is seeking to recover USD 1.72 billion from New Delhi after winning an arbitration against retro tax.
Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy.
Govt panel recommends nod to SII for phase 2/3 trials of Covovax on children aged 2-17
Union Health Minister Mansukh Mandaviya on Tuesday told BJP MPs that Covid vaccination for children is likely to start soon, sources said.
Parliament passes Marine Aids to Navigation Bill
While replying to the debate, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said: “This Bill will provide a legal framework for the sector to meet the latest technologies and meets the requirements of best global practices for safe and secure navigation and protection of the marine environment.”
Nearly Rs 49,000 cr lying unclaimed with banks, insurers: Karad
As per the Insurance Regulator Development Authority of India (IRDAI), the total amount of unclaimed amounts of policy holders in public and private sector insurance companies was at Rs 24,586 crore (end-December, 2020).
On the other hand, all insurers having unclaimed amounts of policyholders for a period of more than 10 years transfer such funds to the Senior Citizens” Welfare Fund (SCWF) every year. The SCWF is utilised for schemes for promoting the welfare of senior citizens.
California expands state healthcare to undocumented residents 50 and up
But California is not the first state to provide comprehensive public medical benefits to its undocumented elderly population. Illinois last December became the first to extend state-funded healthcare coverage to all non-citizens age 65 and older whose immigration status had left them ineligible for Medicaid.
Newsom’s action builds on two earlier expansions of Medi-Cal – California’s version of the state-federal Medicaid system for the poor and disabled. They provided full-scale coverage to undocumented children, then to young adults until their 26th birthday regardless of immigration status beginning last year.
FSSAI mulling using next-gen technology tools to ensure food safety, quality
”FSSAI is exploring the possibilities of using technological tools like blockchain, machine learning, etc in obtaining traceability information,” Food Safety and Standards Authority of India (FSSAI) CEO Arun Singhal said.
Next generation tools like genome sequencing and innovations in chemical and molecular analysis can be very useful in the area of food authenticity and integrity, he pointed out. Also, Internet of Things (IoT) has taken a big leap forward and can be used for mounting production and processing operations, he added.