Welcome to My Blog

Here is a masonry blog layout with no sidebar

Maruti’s Breeza & Tata’s Nexon clear crash tests with Stars

by | Sep 28, 2018 | ,

David Ward, Global NCAP Secretary-General, said,“The four star result for Maruti Suzuki’s Vitara Brezza is really impressive. It demonstrates clearly the safety engineering capabilities of India’s leading vehicle manufacturer. It also shows the beneficial effects of the Indian Government’s new crash test standards helping to raise levels of vehicle safety. We are getting very close now to seeing India’s first five star car. In contrast the zero star Renault Lodgy is extremely disappointing. Global NCAP had hoped that Renault had learned from the difficult experience they had with the Kwid. It’s time now for Renault to make front air bags standard across their entire Indian product range. “

IRDA approves revised reinsurance regulations

by | Sep 28, 2018 | , ,

The revamped regulations aim to ensure that maximum reinsurance business is retained within the country and preference would be given to Indian domiciled entities — with the first right of refusal lying with the GIC Re and then cascading down to foreign reinsurers (FRBs) and other ‘Indian reinsurers’. The spillover should be placed with cross border reinsurers (CBRs), fulfilling certain laid-down criteria.

Suicide-Key Global Facts

by | Sep 27, 2018 | ,

•    Close to 800 000 people die due to suicide every year.
•    For every suicide there are many more people who attempt suicide every year. A prior suicide attempt is the single most important risk factor for suicide in the general population.
•    Suicide is the second leading cause of death among 15–29-year-olds.
•    79% of global suicides occur in low- and middle-income countries.
•    Ingestion of pesticide, hanging and firearms are among the most common methods of suicide globally.

Aadhaar not mandatory for opening bank accts, insurance policies & mobile connections:SC

by | Sep 26, 2018 | , ,

The Court struck down down section 57 of Aadhaar Act  preventing  the use of Aadhaar number for establishing the identity of an individual for any purpose, whether by the State or any body corporate or person. “Minimal demographic & biometric data of citizens are collected by the UIDAI for Aadhaar enrolment. Aadhaar number given to a person is unique & can’t go to any other person” said the SC. Now, Aadhaar cannot be mandatory for mobile connections but is maded mandatory for Income Tax returns.

CO2 emissions cost India $210 billion every year: Study

by | Sep 26, 2018 | ,

The model accounts for everything that happens in the economy today that is sensitive to environmental conditions, said Ricke.”This includes agricultural yields, vector borne disease, reduced worker productivity due to heat, increased frequency of extreme precipitation resulting in infrastructure damages or any of the other many ways that human systems get impacted by climate conditions,” Ricke added.

RBI to improve data analytics system for banking industry

by | Sep 25, 2018 | ,

“When people are creating FinTech solutions, but we’re not adopting them, there is a problem to be addressed. It’s very easy to say that this is an issue with the startups, but these are excuses and we need to see what the issue is and fix it.If you look at the number of startups shutting shop on a daily basis, it’s not a good sign. If we want to see India as a global innovator, we need to do more. That’s why the government of Maharashtra has created a FinTech policy earlier this year”

Monsoon rains to start withdrawing from Saturday: MET Department

by | Sep 24, 2018 |

With all four months of the season consistently registering a shortfall in normal rains, countrywide rainfall since June 1 remains 9% below normal. The rainfall figures have been weighed down by below normal rains in the east and northeast region, where rainfall since the beginning of the season remained 24% short of the normal levels as on Monday. 

India has 19 judges per 10 lakh people: Data

by | Sep 24, 2018 | ,

The debate on the judge-population ratio was re-ignited by then Chief Justice of India T S Thakur in April, 2016 when in the presence of the Prime Minister, he had lamented the governments “inaction” in increasing the number of judges from the present 21,000 to 40,000 to handle the “avalanche” of litigations, saying, “You cannot shift the entire burden on the judiciary“.

Contingent workforce continues to thrive in Asia Pacific: Report

by | Sep 23, 2018 |

Contingent workforce are those who are hired by an organisation on an on-demand basis and are not full-time employees of the organisation. They consist of freelancers, independent contractors, micropreneurs, small-business owners and temporary or contract workers. Contingent workers mainly fill up entry-level or mid-level roles. One of the key reason for the rise in contingent workforce is that the average tenures of permanent workers are getting shorter with half of an organisation’s workforce staying for fewer than three years

Govt to start merging regional rural banks, to cut tally to 36

by | Sep 23, 2018 |

The proposed consolidation of RRBs and bringing down their tally from the existing 56 to 36 will usher in better scale-efficiency, higher productivity, robust financial health of such banks, improved financial inclusion and greater credit flow to rural areas, the official said.These banks were formed under the RRB Act, 1976, with an objective to provide credit and other facilities to small farmers, agricultural labourers and artisans in rural areas.