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Here is a masonry blog layout with no sidebarBPCL ties-up with nuclear institute in net zero push
India's draft National Hydrogen Mission mandates that refiners and fertiliser producers should meet half of their hydrogen needs through green hydrogen by 2030. The federal government has provided financial support for setting up electrolysers in India. NEW DELHI:...
From heatwaves to floods, climate change worsened weather extremes in 2021
Climate change is strengthening hurricanes, while also causing them to linger longer over land – dumping more rain on an area before moving on. Studies also suggest these storms are becoming more frequent in the North Atlantic. Extreme weather events in 2021 shattered...
First death with Omicron variant in United Kingdom
The variant now accounted for around 40% of infections in the capital Britain gave no details on the death or whether the patient had been been vaccinated or had underlying health issues. Deaths from Omicron may have occurred in other countries but none has been...
Shriram Group to merge finacial biz, hive off insurance
Shriram group will merge Shriram Capital Ltd and Shriram City Union Finance with Shriram Transport Finance Shriram Capital will demerge its financial services and insurance business and the rest of its business to be merged with Shriram Transport The new entity will...
AMFI pitches for pension oriented MF Scheme; tax parity with ULIPs
Amfi has proposed ''to bring parity in tax treatment in respect of capital gains on withdrawal of investments in ULIPs of Life Insurance companies and redemption of Mutual Funds Units, so as to bring about level playing field between ULIPs and MF scheme''. The...
Freight cost hits highest due to Omicron, threatening export companies
Due to the surge in freight rate, export companies are worried. This is because the year-end season is the biggest shopping season, including Christmas, but the profitability will inevitably deteriorate due to high fares even if they secure the freight spaces. It is...
Investors push world’s top chemicals companies over hazardous substances
The move by 23 investors including Aviva Investors and Storebrand comes as regulators toughen rules around their use and as analysts warn some companies could face billions of dollars in associated clean-up and compensation costs. In a letter to the world's 50-biggest...
More than half a billion pushed into extreme poverty due to health costs:World Bank
In 2019, prior to the pandemic, 68 per cent of the world’s population was covered by essential health services, such as reproductive health services; immunization services; treatment for HIV, TB and malaria; and services to diagnose and treat noncommunicable diseases...
UK’s Johnson warns of Omicron ‘tidal wave’, says two doses not enough
Boris Johnson,Prime Minister,UK Data released on Friday showed that vaccine efficacy against symptomatic infection was substantially reduced against Omicron with just two doses, but a third dose boosted protection up to over 70%.In order to hit the accelerated rollout...
More states report Omicorn cases, total no hit 38 in India
Omicron has been detected in Maharashtra (18), Rajasthan (9), Karnataka (3), Karnataka (3), Kerala (1) and Andhra Pradesh (1) and Union Territories of Delhi (2) and Chandigarh (1). Kerala, Andhra Pradesh and Chandigarh reported their first Omicron case on Sunday,...
Inflation data, Fed interest rate decision major events for markets this week: Analysts
''The impact of the Omicron variant on the market has cooled off but the news flows related to Omicron may continue to cause some volatility,'' said Santosh Meena, head (research) at Swastika Investmart Ltd. New Delhi: Domestic macroeconomic data announcements and the...
Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union Budget
''Tobacco industry in India has been virtually enjoying an extended tax-free season on tobacco products over the past four years since the introduction of the GST as there hasn't been any major increase in tobacco taxation during this time. This has made many tobacco...
Gold ETFs attract Rs 683 cr in Nov on emergence of Omicron
'Gold ETFs saw a prominent inflow for the month too. As the scare of a new variant of SARS-CoV-2, Omicron is looked like a potential cause of worry for the economy now, investors could be resorting to the traditional form of investment as a hedge from market...
Govt unlikely to announce capital infusion for PSU banks in Budget 2022-23
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets New Delhi: The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial...
PM Modi’s Twitter handle ‘compromised’, promptly secured
Prime Minister Narendra Modi's Twitter handle was "very briefly compromised" and was secured later after the matter was escalated to the micro-blogging site, Prime Minister's Office (PMO) informed on Sunday. New Delhi: Twitter on Sunday clarified that it took...
RBI Governor cautions depositors to be careful while chasing high returns
RBI Governor Shaktikanta Das PM Modi said that over 1 lakh depositors have got about Rs 1,300 crore of their money with stressed banks in the past few days with the enactment of the legislation.He assured that about three lakh more such account holders will get their...
India to be among a few economies to rebound strongly; impact of Omicron to be less severe: Finmin report
''India is among the few countries that have recorded four consecutive quarters of growth amid Covid-19 (Q3, Q4 of FY21 and Q1, Q2 of FY22) reflecting the resilience of the Indian economy. The recovery was driven by a revival in services, full-recovery in...
Bank deposit insurance cover increased to Rs 5 lakh, refund within 90 days: Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal "The most important thing is that earlier it used to take nearly 10 years, now it has been ensured that the day on which the Reserve Bank of India decides to shut down the bank, the sum of Rs 5 lakh will be refunded...