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Raj CM Gehlot firm on Old Pension Scheme, dismisses Montek’s ‘financial bankruptcy’ remark
Rajasthan Chief Minister Ashok Gehlot Former deputy chairman of the Planning Commission Montek Singh Ahluwalia cautioned state governments that bringing back the Old Pension Scheme could be a regressive step and lead to financial insolvency Shimla: Rajasthan Chief...
Around 75 pc of urban Indians expect life to be better in 2023: survey
A quarter of urban Indians (25 per cent) said the last few years since the pandemic has made them more balanced, the survey stated, adding that nearly a fifth (18 per cent) thought they have become more mindful since the pandemic, and one in eight (13 per cent) felt...
Flexible working time arrangements lay ground for better work-life balance
Countries should make use of the experiences they developed with working-time reduction and flexibility during the COVID-19 crisis. Inclusive short-time work schemes with the highest possible allowances not only maintain employment but also sustain purchasing power...
Govt gets multiple preliminary bids for buying 61 pc stake in IDBI Bank
The government and LIC together are looking to sell 60.72 per cent in IDBI Bank and had invited bids from potential buyers in October. The government has received multiple preliminary bids for strategic sale of about 61 per cent stake in IDBI Bank. ''Multiple...
Study: Genetic test better than blood test for cardiovascular diseases
"Our findings show that by making it standard to determine the patient's blood group and the blood group's genetics, we would be able to discover and begin treating diseases at an early stage, which can prevent or delay serious complications. '' says Julia Hoglund, a...
No patient benefitted from Rs 50 lakh help scheme to treat rare disease patients: Varun Gandhi to Mandaviya
BJP MP Varun Gandhi According to the Ministry of Health and Family Welfare crowdfunding platform, around 208 Lysosomal Storage Disorder patients can immediately be put on therapy since the Drugs Controller General of India-approved treatments for most of these...
India’s GDP growth estimated to slip to 7 pc in 2022-23: Govt data
Financial, real estate and professional services segment is projected to grow at 6.4 per cent in the current fiscal, up from 4.2 per cent in 202-22 New Delhi: The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year...
India only reached halfway on its digital journey: Nilekani
Infosys chairman-co-founder Nandan Nilekani Payments through the UPI interface touched a record high of Rs 12.82 lakh crore in December, registering 782 crore transactions BENGALURU: India has reached only halfway on its digital journey and the big question lurking at...
2022 fifth warmest year for India since 1901: IMD
However, this was lower than the highest warming observed in India in 2016 when the average temperature was 0.71 degrees Celsius. The all-India mean temperatures during the 2022 winter season -- January to February -- were normal with an anomaly of -0.04 degrees...
Dhami orders immediate evacuation of 600 families in Joshimath
All construction activities related to mega projects like the chardham all weather road and the NTPC’s hydel project have been stopped till further orders on the demand of residents. The Auli ropeway, which is Asia’s biggest, has been stopped after a huge crack...
Ant Group founder Jack Ma to give up control in key restructuring
Chinese billionaire Jack Ma Ma only owns a 10% stake in Ant, an affiliate of e-commerce giant Alibaba Group Holding Ltd, but has exercised control over the company through related entities, according to Ant's IPO prospectus filed with the exchanges in 2020. Hangzhou...
RBI allows 6 entities to test fintech products to deal with financial frauds under sandbox scheme
The six entities are -- Bahwan Cybertek, Crediwatch Information Analytics, enStage Software (Wibmo), HSBC in collaboration with Wibmo, napID Cybersec and Trusting Social Mumbai: Six entities, including HSBC and Creditwatch, have been allowed to test their fintech...
Global food prices in 2022 hit record high amid drought, war
Last year, the U.N. organization's Food Price Index hit the highest level since its records began in 1961, according to FAO data. Russia's invasion of Ukraine in February exacerbated a food crisis because the two countries were leading global suppliers of wheat,...
Finance ministry and PFRDA discuss ways to improve pension amount for govt employees in NPS framework
Supratim Bandyopadhyay, Chairman,PFRDA On launching of the Minimum Assured Return Scheme (MARS) under the National Pension System (NPS), PFRDA Chairman Supratim Bandyopadhyay said the board is considering it and hopefully in the next 7-10 days, approvals can take...
Black Sea shipping rates rise as reinsurers cut cover
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said The Black Sea is crucial for the shipment of grain, oil and oil products....
US firm ASKA unveils world’s first 4-seater flying electric car
The vehicle also fits into existing parking spaces and can be charged at home and at EV charging stations, according to the company The company said that the vehicle is also built to meet the highest safety standards US-based firm ASKA has unveiled the first...
Indeerjit Singh appointed as new Secy General of GI Council
Singh, who is supposed to retire in June end, will now opt for VRS to take charge of his new assignment at the GI Council at the earliest. The council will also have a new chairman shortly as Anjan Dey, CMD, Oriental Insurance Company(OIC), who is also heading the...
Sebi allows govt stake in IDBI Bank to be reclassified as public post sale
The government had requested Sebi to treat its residual stake in IDBI Bank as a financial investment since it would not exercise any control over the bank or have any special rights The government would also not have any representation on the bank's board The...