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Meghalaya govt to power its remote health centres using solar technology
Irrespective of the difficult terrain, remoteness, vulnerability to climate risks and natural disasters of rural habitations, the intervention will greatly benefit from solar energy that can power critical healthcare services including immunization, maternal care,...
New COVID wave a reminder pandemic is ‘far from over’: Guterres
António Guterres,UN Secretary-General UN Secretary-General António Guterres said the summit was “a critical reminder that the COVID-19 pandemic is far from over. We’re seeing 1.5 million new cases each day. Large outbreaks are spreading in Asia”, he continued...
All adults can avail Covid-19 booster shots at pvt centres from Apr 10
"It has been decided that the precaution dose of Covid vaccines will be made available to the 18-plus population group at private vaccination centres. This facility would be available at all private vaccination centres," the ministry said New Delhi: Booster dose of...
Equity mutual funds log Rs 28,463-cr net inflow in Mar; debt funds see Rs 1.15 lakh cr outflow
Overall, the mutual fund industry registered a net outflow of Rs 69,883 crore in March, as compared to a net infusion of Rs 31,533 crore in the preceding month Mumbai: Equity mutual funds attracted a net sum of Rs 28,463 crore in March, making it the 13th consecutive...
Food prices hit record high in March, U.N. agency says
Disruption to supplies of crops from the Black Sea region has exacerbated price rises in food commodities, which were already running at 10-year highs in the FAO's index before the war in Ukraine due to global harvest issues. Sugar and dairy prices also rose sharply...
WHO’s supply suspension of Covaxin not to impact travel of people: MEA
'I certainly do not think there should be any impact at all on people who have taken Covaxin. It is a safe vaccine. In terms of their travel, it continues to be recognised under the EUL (emergency use authorisation) of WHO,'' he said New Delhi: Days after the WHO...
XE variant of Covid-19 not more severe than Omicron’: Dr Gagandeep Kang
Variants will come because people are travelling. Of what we know of the variant (XE) is that it is not a point of concern, XE variant of Covid-19 not more severe than Omicron': Dr Gagandeep Kang. Professor at Christian Medical College in Vellore, said on Thursday The...
Musk promises ‘dedicated robotaxi’ with futuristic look from Tesla
Elon Musk,Chief Executive, Tesla Tesla now sells the advanced driver assistance systems for $12,000, with a promise of more features. It says the software does not make its vehicles autonomous, and requires driver supervision Tesla will start production next year of...
Jyoti Vaswani appointed as CIO of Canara HSBC Oriental Bank of Commerce Life Insurance
Canara HSBC Oriental Bank of Commerce Life Insurance today announced the appointment of Jyoti Vaswani as their new Chief Investment Officer (CIO). Vaswani brings over 25 years of rich experience in the mutual fund and life insurance industry having worked in the...
RBI to unveil regulations on climate risk and sustainable finance for banking industry
Some regulatory initiatives in the area of climate risk and sustainable finance would also help the REs to better handle climate risk and guide them in the transition period The RBI is planning to set up a committee to examine and review the state of customer service...
Global reinsurance capital rises 8.4 % to $728 billion in 2021
The underlying combined ratio improved to 99.8% (2020: 100.7%), which is the first time since 2014 that it has fallen below 100% A majority of the reinsurers have reported strong results for 2021 with improved capital positions backed up by rising equity markets and...
RBI keeps repo, reverse repo rates unchanged for 11th time in row, cuts GDP growth forecast
Shaktikanta Das,Governor,RBI Keeping the approach " cautious, but proactive", RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis and...
Airbus, Qatar jetliner feud enters UK court spotlight
Qatar has grounded 23 of the A350 jets, voicing concerns over the safety impact of gaps in a layer of lightning protection left exposed by cracked and bubbling paint It says it will not take further deliveries until the cause is formally explained and is suing Airbus...
Russia credit insurance shows 99% chance of default within year
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
BOC Aviation says lessors seeing ‘horrendous’ hikes in insurance costs
Over 400 leased planes worth almost $10 billion remained in Russia after a March 28 deadline to cancel the contracts in line with Western sanctions over the war in Ukraine, leaving lessors facing heavy potential writedowns or a long insurance battle The likely huge...
Nuanced, calibrated approach essential for launch of CBDC, says Reserve Bank DG
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
Govt’s focus on affordable healthcare ensured significant savings for poor, middle class: PM
Prime Minister Narendra Modi On World Health Day, Prime Minister Narendra Modi pointed to some facets of this ''pathbreaking scheme'' such as more than 3.2 crore people got free treatment under the Ayushman Bharat Jan Arogya Yojana, over 18 crore Ayushman cards issued...
IRDAI to scrap licensing renewals for insurance brokers and other intermediaries: chairman Panda
Debasish Panda, chairman,IRDAI ``We have decided to dispense with renewal of registration for insurance intermediaries and allow their licenses in perpetuity,'' said Debasish Panda, newly appointed chairman of IRDAI while addressing a press conference in Mumbai...