SIRC 26
Indian
HDFC Bank’s Puri top earner among bankers in FY21; ICICI Bank’s Bakhshi forgoes salary in COVID year
Puri’s overall payments included Rs 3.5 crore as post-retirement benefits. Its immediate rival ICICI Bank’s MD and CEO Sandeep Bakhshi ”voluntarily relinquished” his fixed compensation of basic and supplementary allowances for FY21, which had seen the wide-scale impact of the COVID pandemic, as per the second-largest lender’s annual report.
IFC lends USD 250 mn to HDFC to promote affordable green housing finance
Green and energy-efficient housing can help cut emissions, as residential housing accounts for about 24 percent of the nation’s electricity consumption, IFC said.
”Green housing is largely regarded as a luxury market in the country, but given its climate benefits, IFC intends to challenge that perception and help boost green affordable housing by partnering with HDFC, with its deep penetration in the Indian housing market and significant commitment to promoting green,” IFC said.
About 90% consumers in India willing to pay a premium for buying EV: Survey
According to the survey, the top reason for buying an EV is environmental concern, with 97 per cent also stating that the COVID-19 pandemic has heightened awareness and concerns about environmental issues. About 67per cent of those looking to buy an EV feel it is their responsibility to reduce their personal environmental impact, and 69 per cent feel buying an EV is one way to achieve this goal.
Kerala vet doc gets patent for biodiesel from chicken waste
He said 100 kg of chicken waste, procured from slaughterhouses for which he gets paid up to Rs 7 a kg, can produce 1 liter of biodiesel, which offers over 38 km and can be sold at 40 percent of the diesel price now.
After seven-and-a-half years, the Indian Patent Office finally granted us the patent on July 7, 2021, for inventing ‘biodiesel produced from rendered chicken oil’, John Abraham, a veterinary-doctor-turned-inventor, an associate professor at the veterinary college here under the Kerala Veterinary & Animal Sciences University, told PTI from Wayanad.The higher mileage and lower pollution are because chicken waste contains 62 percent fat, offering the key energy content of Cetane at 72, while in normal diesel it is only 64. It also increases engine efficiency by 11 percent due to the presence of more oxygen, and reduces smoke levels by over 47 percent, Abraham said.
International
Early claims and crash tests suggest risks of luxury, SUV electric vehicles
HSBC considering a bid for Aviva’s Asian operations, reports suggest
Aviva, the UK insurance conglomerate whose shares have dropped 27 per cent in the last 12 months, confirmed in August it’s examining options for its Asian business as new chief executive officer Maurice Tulloch’s turnaround takes shape. The company’s operations in the region could be valued at about $3 billion to $4 billion, with an official process slated to kick off later this year, Bloomberg News reported earlier.
China tops list of U.S. cybersecurity agency’s top risks
Deadlock continues as EU rebuffs Johnson bid to reopen Brexit Deal
“We welcome the U.K. government’s engagement,” European Commission spokeswoman Natasha Bertaud told reporters in Brussels. “The letter does not provide a legally operable solution to prevent the return of a hard border on the island of Ireland, it does not set out what alternative arrangements could be, and in fact it recognizes that there’s no guarantee that such arrangements will be in place by the end of the transitional period.”
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