UNESCO report says that 80% of seasonal migrant children in seven cities lacked access to education and 40% were likely to end up in work Literacy levels in rural households of India dip with seasonal migration, the UNESCO global education monitoring report 2019 has observed, bringing out the educational challenges …
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Maratha quota is a betrayal: OBC groups
‘The community can’t be included in SEBC category’ A day after Maharashtra Chief Minister Devendra Fadnavis announced a new Socially and Educationally Backward Class (SEBC) category under which Marathas will be given reservation, organisations of the Other Backward Classes (OBCs) said on Monday that this was an attempt to give …
Read More »Govt., RBI call truce after a marathon board meeting
Expert panel to review economic capital framework for future earnings The tension between the government and the Reserve Bank of India (RBI) appeared to have defused for the time being with both agreeing to settle for a middle ground at the end of an over nine-hour board meeting on Monday. …
Read More »Global fight on malaria stalled: WHO
The number of cases of the killer disease climbed by 2 million to 219 million in 2017 The World Health Organisation on Monday said global efforts to fight malaria have hit a plateau as it reported there were more cases of the killer disease in 2017 than the previous year. …
Read More »RBI carries the bat
The Reserve Bank of India seems to have carried the day, after all, in Monday’s marathon 9-hour board meeting. Going by the brief statement that it put out, of the six deliveries that it had to play, the RBI has shouldered arms to two — PCA relaxation and capital framework …
Read More »Talks on with 150 nations to reform WTO: Prabhu
Multilateral trading system is under stress, says Minister Commerce Minister Suresh Prabhu on Monday said he was in talks with at least 150 countries to work out the way forward for reforming the World Trade Organisation (WTO). He said that the multilateral trading system was under stress and a number …
Read More »SC upholds tribunal order backing UltraTech’s Binani bid
NCLAT had ruled in favour of the revised resolution plan for Rs. 7,950 crore The Supreme Court on Monday upheld the National Company Law Appellate Tribunal’s (NCLAT) order that approved the revised bid of Aditya Birla group firm UltraTech Cement for acquiring debt-ridden Binani Cement at Rs. 7,950 crore. A …
Read More »Make elephant corridors eco-sensitive zones: NGT
The National Green Tribunal (NGT) has asked the Ministry of Environment, Forests and Climate Change (MoEF&CC) to consider declaring all elephant corridors in India as eco-sensitive zones. Following a plea that sought legal recognition for elephant reserves and corridors in the State of Assam, a Bench headed by NGT Chairperson …
Read More »Bihar to be declared ODF before state’s foundation day next
Bihar to be declared ODF before March 22: Sushil Bihar Deputy CM Sushil Kumar Modi on Monday said the entire Bihar should be declared Open Defecation Free before State’s foundation day on March 22 next year. The target has been set to declare the entire country ODF by October 2, …
Read More »Army selects Russian Igla-S missile
India has picked Russia’s Igla-S missile system as the choice for the Army’s multibillion dollar contract for man-portable air defence systems, officials said on Monday. “The Igla-S bid from Rosoboronexport of Russia has been declared the L1 in the Very Short Range Air Defence (VSHORAD) deal,” said a defence official …
Read More »Govt., RBI call truce after board meeting
“The Board also advised that the RBI should consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs. 250 million [Rs. 25 crore] , subject to such conditions as are necessary for ensuring financial stability,” the RBI said. On the …
Read More »A new bank scam using Google Maps loophole
Con artists edit bank details, get customers to share PINs Scamsters seem to have stumbled upon a gold mine in the form of a loophole in the Google Maps interface. Taking advantage of the fact that on Google Maps, an establishment’s contact details can be edited by anyone, a group …
Read More »‘Literacy levels in rural India suffer from migration of families’
UNESCO report says that 80% of seasonal migrant children in seven cities lacked access to education and 40% were likely to end up in work Literacy levels in rural households of India dip with seasonal migration, the UNESCO global education monitoring report 2019 has observed, bringing out the educational challenges …
Read More »Maratha quota is a betrayal: OBC groups
‘The community can’t be included in SEBC category’ A day after Maharashtra Chief Minister Devendra Fadnavis announced a new Socially and Educationally Backward Class (SEBC) category under which Marathas will be given reservation, organisations of the Other Backward Classes (OBCs) said on Monday that this was an attempt to give …
Read More »Govt., RBI call truce after a marathon board meeting
Expert panel to review economic capital framework for future earnings The tension between the government and the Reserve Bank of India (RBI) appeared to have defused for the time being with both agreeing to settle for a middle ground at the end of an over nine-hour board meeting on Monday. …
Read More »Genome study on teas at advanced stage
Research will unravel the specialities of Assam teas, says an official A genome study project initiated by the Tea Board of India, to establish the origins and speciality of Indian teas, has now reached an advanced stage. The study is being conducted on Assam teas to establish it as a …
Read More »U.S., Europe firms looking at India as alternative to China
‘Though China is ahead in scale, trade wars spur de-risking’ Indian industry may well stand to gain from the fallout of the U.S.-China trade war, if the country plays its cards right, says Wheels India MD Srivats Ram . He dwells on the opportunities at hand and how challenges still …
Read More »Aluminium and water are fuel for this electric vehicle
Firm develops metal-air battery to deliver higher mileage If you ever get stuck at a traffic signal near the verdant campus of the Indian Institute of Science (IISc) in Bengaluru and see a fellow commuter driving a white Mahindra e2o Plus electric vehicle covered with stickers, don’t mistake him for …
Read More »GST, a game-changer reform for logistics sector
In pre-GST era, the industry was struggling to add value to its customers, compared to global peers It has been 15 months since the rollout of what is considered one of India’s biggest tax reforms — the Goods and Services Tax (GST). But, we are already witnessing a major positive …
Read More »In case of a split vote, Governer holds the ace
Section 13 of the RBI Act gives Governor the deciding vote Monday’s meeting of the Reserve Bank of India’s Central Board will be as important for the actions taken as for the fact that it’s the first time the body has met since the ‘RBI vs Finance Ministry’ tussle broke …
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