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“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...
Water crisis in India’s silicon valley presents pressing challenge, say industry players
"Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift," co-founder and CEO of Kuku FM,...
FPIs injects over Rs 40,000 cr in Indian equities on strong economic growth
The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed New Delhi: FPIs came back strongly to invest in the Indian equity markets, buying shares worth Rs 40,710 crore...
Centre seeks more time to frame policy on online sale of medicines, Delhi HC grants ‘last opportunity’
The high court, which was hearing several petitions seeking a ban on the "illegal" sale of drugs online and challenging the draft rules published by the ministry to further amend the Drugs and Cosmetics Rules, listed the matter for further hearing on July 8 New Delhi:...
India’s economic boom feels like 2003-07: Morgan Stanley
The current cycle is driven by investment outperforming consumption, public capex leading initially but private capex rapidly catching up, the urban consumer leading consumption followed by catch-up in rural demand, market share in global exports rising and macro...
India’s universal health insurance plan achievable, says Devi Shetty
Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn't happened because of an inherent trust deficit between stakeholders -- insurance companies, hospitals, and patients New Delhi:India is poised...
Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy
Vivek Joshi ,Financial Services Secretary Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring...
Election Commission to use two laws counter-narrative to curb misinformation during Lok Sabha polls
"Tackling misinformation in today's digital age is complex. We have put certain measures in place to ensure misinformation is nipped in the bud. We will be proactive in debunking fake news. Originators of fake news will be dealt with severely as per extant laws,"...
Bankers in India to get higher salary increases than Singapore, Hong Kong
Investment bankers can already earn more in India’s major urban centers such as Mumbai and GIFT city, the nation’s free market zone, than in Singapore and Hong Kong. The average base salary is 4.5 per cent higher than in Hong Kong and 7.7 per cent more than in...
WHO and UNICEF launch free online course to address children’s environmental health
The course provides an in-depth exploration of children's environmental health, covering key topics of global concern such as air pollution, climate change, e-waste, lead, pesticides and other hazards affecting children's well-being. Participants will gain valuable...
Neurological conditions now leading cause of ill health and disability globally: Lancet study
The top 10 contributors to neurological health loss in 2021 were stroke, neonatal encephalopathy (brain injury), migraine, Alzheimer's disease and other dementias, diabetic neuropathy (nerve damage), meningitis, epilepsy, neurological complications from preterm birth,...
Age, sex, location could be important to antibiotic resistance, study finds
Antibiotic, or antimicrobial, resistance is a global public health threat and occurs when disease-causing germs evolve and develop a resistance to the very drugs designed to kill them, rendering these drugs ineffective Age, sex and location could be important in...
European regulator says it would pull Boeing approval if needed
European Union Aviation Safety Agency's (EASA) acting executive director, Luc Tytgat, gave the first public indication that international cooperation underpinning global airplane production was being tested as rarely before by the ongoing crisis over Boeing's...
Govt approves 17 % wage hike for LIC employees
The revision incorporates an enhancement in National Pension System( NPS) contribution from 10% to 14% for a better future of nearly 24,000 employees, who had joined after Apr, 2010 Mumbai: After banking, the government has approved a 17 per cent hike in the wages of...
FSIB to select CMDs of New India and United India on Mar 20-21, AIC’s Girija S top contender for NIA
This is also for the first time that a serving CMD of a PSU entity is again appearing for the interview to be selected as a CMD of another PSU insurer. Earlier, there were instances, where CMD of one PSU general insurer had been shifted another PSU general insurer...
US prosecutors probing Gautam Adani and his group over potential bribery
Gautam Adani, chairman, Adani Group In addition to being a monolithic presence in its home country, with ports, airports, power lines and highway developments, Adani Group attracts capital from around the world. US law allows federal prosecutors to pursue foreign...
Govt forms VK Paul panel to review Ayushman Bharat scheme
The National Health Authority(NHA), implementing agency of the scheme, in its letter issued on Mar,8 has, outlined 10 broad areas on which the panel has to formulate suggestions within the next 45 days New Delhi: Even as the government is now planning further...
Chemicals in plastics far more numerous than previous estimates, report says
While the United Nations Environment Programme (UNEP) had previously identified around 13,000 plastic chemicals, the report by a team of European scientists found more than 16,000 chemicals in plastics — a quarter of which are thought to be hazardous to human health...