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Covid cannot impede India’s development: PM Modi
Prime Minister Narendra Modi Experts opined that the economy is expected to see a strong recovery in the coming months and even go past the pre-COVID levels unless the pandemic plays spoilsport.In the 2021 April-June quarter, the economy recorded a whopping 20.1...
. “If we end inequity, we end the pandemic in 2022″
Tedros Adhanom Ghebreyesus,Director-General,World Health Organisation Highlighting that COVID-19 is not the only health threat the world's people will face next year, he said, millions of people have missed out on routine vaccination, services for family planning,...
Irdai directs Go Digit to withdraw product offering life insurance benefits
The matter relates to modification in the Digit Group Total Protect Policy by the insurer in July this year, under which one additional section by name of 'Major Illness Plus Cover' was incorporated in the policy Hyderabad: Insurance sector regulator Irdai has asked...
Ascending aviation sector in India
Out of which, 395 routes connecting 63 unserved and underserved airports including six heliports and two water aerodromes have been operationalised The Ministry of Civil Aviation has set a target of operationalising as many as 100 unserved and underserved airports and...
Equities present memorable parting gift in 2021; investors turn wealthier by nearly Rs 78 lakh cr
''Globally and in India, the market cap to GDP ratio touched an all-time high due to large liquidity flows, low interest rates, expectation of early return to normalcy and low returns from other asset classes,'' said Dhiraj Relli, MD & CEO of HDFC Securities...
Interest rates on small savings schemes unchanged for Q4FY22
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well New Delhi:The government on Friday kept interest rates on small savings...
Omicron has started replacing Delta variant in India, Health Ministry
New Delhi: A total of 1,270 Omicron cases have been detected across 23 states and UTs so far, according to the Union health ministry data updated on Friday Omicron has started replacing Delta variant in the country in terms of the number of COVID-19 cases and positive...
CCI orders probe against Apple’s alleged unfair business practices
The order from the CCI comes after a non-profit group alleged this year that Apple was abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system New Delhi: The Competition Commission of India (CCI) on Friday...
India’s market regulator tightens stock market listing rules
"When any entity raises money under an IPO, it is for some purpose and investors are investing for that purpose, so that needs to be strictly monitored," Ajay Tyagi, chairman of SEBI, told a news briefing after the regulator's board meeting MUMBAI: India's market...
Four climate lawsuits to watch in 2022
Baltimore claims that about two dozen fossil fuel companies knowingly contributed to climate change. The city says it is vulnerable to sea-level rise driven by climate change The year 2022 could see the U.S. Supreme Court redefine the scope of the country's most...
2022: Daunting labour reforms, informal workers’ social security fund await take off
There is a provision in the industrial relations code that any unit with up to 300 workers will not need permission from the appropriate government for closure, retrenchment and lay off. At present, the threshold is 100 workers New Delhi: Ushering in a big wave of...
HSBC gets approval to buy out China life JV
HSBC has got clearance from the Shanghai office of the China Banking and Insurance Regulatory Commission to buy the remaining 50% in its venture HSBC Life China, the bank said HSBC said on Thursday it had received regulatory approval in China to take full ownership of...
Tesla recalls more than 475,000 vehicles over Over Camera, Trunk Safety issues
“Unavailability of the rearview camera display may affect the driver’s rear view and increase the risk of a collision,” the National Highway Traffic Safety Administration (NHTSA) said Tesla Inc. is recalling more than 475,000 of its Model 3 and Model S electric cars...
Autonomous trucker TuSimple logs first no-human road test
TuSimple said the semi successfully navigated highway lane changes, traffic signals, on-ramps and off-ramps while “naturally interacting with other motorists.'' ''This test reinforces what we believe is our unique position at the forefront of autonomous trucking,...
LIC, GIC Re, New India continue to be systematic important insurers, need extra supervision: IRDAI
Domestic systemically important insurers(D-SIIs) are already being subjected to enhanced regulatory supervision as the continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy On Thursday, the...
Germany to pull the plug on three of its last six nuclear plants
The phase-out of an energy deemed clean and cheap by some is an irreversible step for Europe's biggest economy, facing ambitious climate targets and rising power prices BERLIN: Germany will pull the plug on three of its last six nuclear power stations on Friday,...
Govt asked 8 states to increase Covid testing, strengthen hospital preparedness
India on Thursday registered 13,154 fresh Covid cases and 268 deaths in a span of 24 hours. With the addition of the new deaths, the total death toll reached 4,80,860 The Omicron infection tally has also climbed to 961 across the nation. However, out of total Omicron...
Govt releases additional Rs 3,063 crore to 6 states hit by floods, landslides, cyclones
Union Home Minister Amit Shah A home ministry statement said among the funds approved include Rs 1,133.35 crore to Gujarat, which was affected by cyclone 'Tauktae', and Rs 586.59 crore to West Bengal, which was affected by cyclone 'Yaas' Apart from Gujarat and West...