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Union Budget 2022-23: Expectations on changes in income tax slabs and rates
Finance Minister Nirmala Sitharaman In the Budget 2020-21, around 70 exemptions and deductions of different nature were removed. The finance minister had announced that the "remaining exemptions and deductions will be reviewed and rationalised in the coming years with...
FPIs pull out a whopping Rs 28,243 crore from Indian equities in Jan
With the latest pull out of funds from Indian markets, FPIs have become net sellers for fourth consecutive month ''With US Fed signalling that it will start hiking interest rates soon and shrink its bond holdings, FPIs went on a selling spree in the Indian equity...
China issues draft rules for fakes in cyberspace
The regulations provide for people to be protected from being impersonated without their consent by deepfakes - images that are virtually indistinguishable from the original, and easily used for manipulation or misinformation China's cyberspace regulator issued draft...
Families of crash victims ask US to reopen Boeing settlement
Last month, the families of more than a dozen passengers filed a motion in federal court in Fort Worth, Texas, alleging that the Justice Department violated a 2004 victims’ rights law by not consulting with them before reaching the settlement, which shielded Boeing...
Musk’s bets on Tesla: human-like robots and self-driving cars
"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Musk said, predicting full self-driving would become "the most important source of profitability for Tesla." "It's nutty good from a financial standpoint," he...
India adds over 2.34 lakh new COVID-19 cases, 893 deaths in last 24 hrs
The case fatality rate is 1.20 per cent. In the last 24 hours, 16,15,993 tests were conducted for COVID-19 New Delhi: India has logged 2,34,281 new COVID-19 cases and 893 deaths in the last 24 hours, said the Ministry of Health and Family Welfare on Sunday. There was...
Two years on, India’s battle with COVID-19, its variants continues with no end in sight
Till now, India has reported 4,10,92,522 cases and 4,94,091 fatalities due to COVID-19 and its variants New Delhi: Amid the third wave of the COVID-19 pandemic, India has completed two years since the first coronavirus case was reported in the country and during this...
Indian Railway’s 695 hospitals, health centres across country integrated with Ayushman Bharat Digital Mission
"Hospital Management Information System (HMIS)" in all the 695 Railway Hospitals and Health Centres across the country which has proved to be a game-changer for the Railway's health system New Delhi:A total of 695 hospitals and health centres of the Indian Railway...
India reports over 2.35 lakh COVID-19 cases, 871 fatalities
The cumulative number of anti-Covid vaccine doses administered in the country so far has crossed 165.04 crore The daily positivity rate was recorded at 13.39 percent, while the weekly positivity rate was 16.89 per cent, according to the health ministry New Delhi: With...
MFSL’s PBT at Rs 236 crore in 9MFY22
The consolidated profit before tax (PBT) in 9MFY22 stood at Rs 236 crore, lower as against previous year primarily due to COVID-19-related provision in 9MFY22 and one-off items in the same period last year New Delhi: Max Financial Services Limited (MFSL), with Max...
Odisha made COVID-19 rapid antigen test kit gets ICMR approval
The kit can detect various variants of COVID-19 by using nasopharyngeal swab samples. IMGENEX, CEO, Dr Sujay Singh said with existing facilities, the firm can manufacture 2 lakh kits which can be ramped up to 20 lakh kits per month. The kit is likely to be available...
Risk persists even though Covid cases starting to plateau in parts of India: WHO
''Even though some cities or states may be beginning to see plateauing of cases, the risk persists. We need to continue to remain vigilant. Our focus must be on reducing transmission. Implementing situation-specific public health and social measures and increasing...
Assets under management for ESG funds up 2.5 times in FY21: Nasscom
"Companies are not just becoming alert to ESG performance of vendors or partners that they are willing to work with, but investors also are using ESG as metrics to drive investments.In India alone, the assets under management for ESG funds rose by 2.5 times in just a...
Insurtech MIC Global receives ‘In-Principle’ approval to establish Lloyd’s Syndicate 5183
Harry Croydon, CEO and president of MIC Global, said: “MIC is a spark for innovation and change in the industry. We envision a world where insurance is accessible to everyone, which means creating new ways of providing coverage by leveraging our technology and...
SC refuses to lay down yardstick for granting reservation in promotion to SCs/STs
The apex court said it cannot lay down any yardstick to determine the inadequacy of representation of SCs/STs and it for the states to do so New Delhi: The Supreme Court Friday refused to lay down a yardstick for granting reservation in promotion to Scheduled Castes...
Sensex succumbs to late sell-off, ends 77 pts lower
Vinod Nair, Head of Research at Geojit Financial Services, said, ''After the decent opening post yesterday's weak closing, domestic bourses again staged a quick sell-off, tracking weak European trend. Policy tightening by the US Fed and rising geopolitical tensions in...
India’s top steelmakers seek govt funds to cut carbon emissions
Steel companies believe that government incentives for low carbon technologies, state funding of green pilot projects and a market for steel made by green technologies would enable a low carbon footprint, T. V. Narendran, chief executive and managing director of Tata...
Mahindra Insurance Brokers and Tata 1mg form partnership for corporate wellness solutions
Mahindra Insurance Brokers (MIBL),announced its partnership with Tata 1mg, a healthcare company for providing corporate India with a holistic and complete wellness solution, offering customised health solutions for the wellbeing of corporate employees and their...