by AIP Online Bureau | Feb 1, 2022 | Banking & Bancassurance, Indian News, Policy, Technology
The currency, called ‘digital rupee’, will be issued by the Reserve Bank in digital form and will be fungible with physical currency. The exact regulation governing this Central Bank Digital Currency (CBDC) is yet to be finalised New Delhi: Finance...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy
”The equity markets were cheerful on announcement of huge outlay of capital expenditure in overall infrastructure development. This Union Budget will also lay the foundation for economic growth through public investments as India emerges from a pandemic induced...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Meeting demands from large sections of industry, she said the RBI will launch a ‘Digital Rupee’ based on blockchain technology in 2022-23 Experts said the 30 per cent tax levied on income arising from the sale of cryptocurrency is similar to the tax rate...
by AIP Online Bureau | Feb 1, 2022 | Facts, Health, Pandemic, Technology
The app uses a smartphone’s camera to measure a chemical reaction and determines a diagnosis in 25 minutes, at a fraction of the cost of current diagnostic methods “As new COVID variants emerge globally, testing and detection remain essential to pandemic control...
by AIP Online Bureau | Feb 1, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
International arbitration centre will also be set up in GIFT city to provide faster dispute resolution New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government’s borrowing...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Seven engines of the PM Gati Shakti initiative are roads, Railways, airports, ports, mass transport, waterways and logistics infra. Production Linked Incentive (PLI) Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with the potential to...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy
“What is urgent is the vaccine mandate because people are losing their jobs. They are losing their rations,” advocate Prashant Bhushan said, arguing that people are not able to move around freely due to these vaccine mandates Opposing this argument,...
by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
This is the second consecutive day of the rally in the Indian stock markets ahead of the presentation of the budget. The Sensex had rallied 813.94 points or 1.42 per cent on Monday. The broader Nifty 50 of the National Stock Exchange was trading 242.15 points or 1.4...
by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
As on September 2021, around 78 per cent subscribers have opted for Rs 1000 per month pension amount, as compared to 38 per cent subscribers as on March 2016 The share of subscribers opting for Rs 2000/`Rs 3000/Rs 4000 per month pension is 8 per cent, while 14 per...
by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
A new chapter, ‘Tracking Development through Satellite Images and Cartography’, demonstrates the use of satellite and geo-spatial images to gauge various economic phenomenon such as urbanisation, infrastructure, environmental impact and farming practices,...
