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RBI says it is open to exploring possibility of digital version of fiat currency

Indian News       Jan 26, 2021

MUMBAI: Amid increasing popularity of virtual currencies in various parts of the world, the Reserve Bank of India (RBI) on Monday said it is open to exploring the possibility of a digital version of fiat currency. Host of private digital currencies, virtual currencies and cryptocurrencies...

Airlifted COVID vaccines to 9 countries, will gradually supply to WHO's COVAX facility: India at UN

International News       Jan 26, 2021

United Nations: India has informed the UN Security Council that it will gradually supply vaccines to the COVAX facility of the World Health Organisation and undertake contractual supplies to various countries in a phased manner, as more than six million doses have been airlifted to...

India records 9,102 fresh COVID-19 cases, 117 fatalities in a day

Indian News       Jan 26, 2021

New Delhi: India reported 9,102 fresh coronavirus cases in a day, the lowest in around eight months, as the infection tally reached 1,06,76,838, according to Union Health Ministry data on Tuesday. During the same period, 117 fatalities were recorded, also the lowest in over eight...

India to impose permanent ban on 59 Chinese apps, including TikTok - Indian media

Indian News       Jan 25, 2021

  New Delhi: India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday. When it first imposed the ban, the Indian government...

WhatsApp treating Indian users differently from Europeans matter of concern: Government tells HC

Indian News       Jan 25, 2021

New Delhi: The central government on Monday told the Delhi High Court that WhatsApp was treating Indian users differently from its European ones with regard to opting out of its new privacy policy, and this was a matter of concern for the government which is...

Union Minister for Road Transport and Highways Nitin Gadkari

Transport ministry approves ``Green Tax' for older vehicles from April 1 2022

Indian News       Jan 25, 2021

  New Delhi: The Union Minister for Road Transport and Highways Nitin Gadkari on Monday said his department has approved a proposal to levy "Green Tax" on old vehicles that are polluting the environment. It will be notified and come into effect from April 1 next...

Sundar Pichai,CEO,,Google

Google opening up its spaces in US to serve as mass COVID-19 vaccination sites: Sundar Pichai

Facts       Jan 25, 2021

  Washington: Google's Indian-American CEO Sundar Pichai announced on Monday that the tech giant will open up its spaces in the US to serve as mass COVID-19 vaccination sites and committed more than USD 150 million to promote vaccine education. Google is initially looking at offices'...

IRDAI unveils `Standard Individual Immediate Annuity Product'', to be mandatorily offered by life insurers from Apr 1

Indian News       Jan 25, 2021

  Hydearbad: With a view to having uniformity on annuity products across life insurers, the insurance regulator IRDAI,on Monday,  has asked all of them mandatorily offer a ``Standard Individual Immediate Annuity Product'' with effect from 1st April, The product shoud be filed by the insurers latest...

Global life insurers impose restrictions, worried about long-term pandemic risks

International News       Jan 25, 2021

Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters. Life insurers, including Prudential Financial Inc, and Aviva PLC, are now imposing waiting periods before COVID-19 patients, including...

Why Chinese involvement in financial frauds in India is alarming

Indian News       Jan 25, 2021

New Delhi: Within a span of 15 days, two major financial fraud cases involving Chinese nationals have come to the forefront. Soon after the Delhi Police unearthed a transnational malware and fraud syndicate and arrested two Chinese women in a gang of 12 in multiple...

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