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Hike in monthly pension under EPS-95 scheme not possible without budgetary support: Govt

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Indian News, Pension & Social Security

New Delhi: Increase in minimum pension payout under Employees'' Pension Scheme, 1995 (EPS-95) is not possible without compromising financial viability of the scheme or additional budgetary support, the government said on Monday. Labour Minister Santosh Gangwar...

Hyderabad-based Virchow Biotech to produce up to 200 mn doses of Sputnik V

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Health, Indian News

  Moscow: Russia's RDIF sovereign wealth fund said on Monday it had reached an agreement with India's Virchow Biotech to produce up to 200 million doses a year of the Sputnik V vaccine in India. RDIF said full-scale commercial production would start after...

Saudi Arabia prohibits men from marrying women from Pak, 3 other nations: Report

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Facts

Saudi Arabia has prohibited its men from marrying women from Pakistan, Bangladesh, Chad and Myanmar, Dawn reported citing a report in Saudi media.According to unofficial figures, there are about 500,000 women from these four countries currently residing in the...

India to increase interval between doses of AstraZeneca shot

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Health, Indian News

NEW DELHI: India’s health ministry on Monday wrote to states asking them to administer second AstraZeneca coronavirus vaccine doses,Covishield, to recipients within four to eight weeks, from the current guideline of four to six weeks. “The...

No link between Uttarakhand floods, highway construction for Char Dham project: Govt

by AIP Online Bureau | Mar 22, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

New Delhi: Construction and widening of roads for the Char Dham project did not contribute to the Uttarakhand floods disaster, Parliament was informed on Monday. The strategic 900-km Char Dham highway project aims to provide all-weather connectivity to four holy towns...

30% fitment for T”gana govt staff; retirement age fixed at 61

by AIP Online Bureau | Mar 22, 2021 | Uncategorized

  Hyderabad: The Telangana government on Monday announced 30 per cent fitment for all government employees and teachers and raised their retired age from 58 to 61. Chief Minister K Chandrasekhar Rao, who made a statement in this regard in the state Assembly, said...

A year after ‘Janata curfew’, coronavirus threat rears its ugly head again

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: The coronavirus pandemic is on the upswing again in India which observed a ‘Janata curfew’ on this day a year ago, having paved the way for an over two-month long strict nationwide lockdown to curb the contagion. Millions of people across the...

Parliament passes insurance amendment bill to raise FDI limit to 74%

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: The Parliament on Monday approved a Bill to increase Foreign Direct Investment (FDI) limit in the insurance sector from 49 per cent to 74 per cent with the Lok Sabha passing the proposed law by a voice vote. The Insurance (Amendment) Bill, 2021 was...

Water governance a priority to ensure India’s self-reliance: PM Mod

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Prime Minister Narendra Modi on Monday assured that his government has made 'water governance' a priority in its policies and decisions to ensure the vision of India's self-reliance. He said this while virtually addressing the launch of...

Electric shock – German auto stocks get a new lease of life

by AIP Online Bureau | Mar 22, 2021 | Eco/Invest/Demography, Facts, Technology

  LONDON: Volkswagen and BMW’s plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares.A deadline set by many countries to go carbon-free by 2050 has led to rising adoption...
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