India

By 2025, Covid will have cost world between $16 tn and $35 tn
26 Jul

By 2025, Covid will have cost world between $16 tn and $35 tn

editor0 CommentsBusiness, Covid19, India, World,
By 2025, Covid-19 will have cost the world between $16 trillion and $35 trillion, as per McKinsey. The world is unlikely to ever reach global herd immunity, but it can contain the virus with a combination of vaccines, improved testing, and smarter quarantining, based on known outbreaks, rather than large, blunt lockdowns, McKinsey said in a report. Obstacles to worldwide vaccination remain huge: while 49.6 per cent of inhabitants of high-income countries had received at least one dose of the vaccine as of July 14, only 1 per cent of those in low-income countries had. In the next two decades,…
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No plan to print currency notes to tide over crisis: FM
26 Jul

No plan to print currency notes to tide over crisis: FM

editor0 CommentsBusiness, India,
The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the Finance Minister said, “No Sir”. Many economists and experts have suggested the government to resort to printing more currency notes to support the economy ravaged by the spread of COVID-19, and protect jobs. India’s real Gross Domestic Product (GDP) is estimated to have contracted by 7.3 per cent during 2020-21, Sitharaman…
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Rs 1,060 cr spend on Chennai-Bengaluru Industrial Corridor project
26 Jul

Rs 1,060 cr spend on Chennai-Bengaluru Industrial Corridor project

editor0 CommentsBusiness, India,
A total of Rs1,060.02 crore has been spent during the last three fiscal years for the Chennai-Bengaluru Industrial Corridor project, the government told the Rajya Sabha. Answering a question raised by MDMK General Secretary Vaiko, the Minister of State for Commerce and Industry Som Parkash said the Cabinet Committee on Economic Affairs (CCEA) on 30th December, 2020, approved the project cost of Krishnapatnam node (Andhra Pradesh) and Tumakuru node (Karnataka) as Rs 2,139.44 crore and Rs 1,701.81 crore respectively. The timelines for the construction of trunk infrastructure in these two nodes is 36-48 months, the government said.
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No revision in petrol, diesel prices
26 Jul

No revision in petrol, diesel prices

editor0 CommentsBusiness, India,
Oil marketing companies (OMC) continued to pause fuel price revision for the ninth consecutive day on Monday, the longest period in weeks, as global development on oil production and rising US inventories has softened crude and product prices. However, they stopped short of reducing the retail price of petrol and diesel as more time will be required to study oil price movement before any downward revision. Already, crude has firmed a bit for last few days and this could prevent price cut by OMCs. With no change in prices on Monday, petrol continues to be sold in the national capital…
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Relatives of Kargil martyrs go down memory lane as bravery of war heroes showcases in Dras
26 Jul

Relatives of Kargil martyrs go down memory lane as bravery of war heroes showcases in Dras

editor0 Commentsbreaking news, India, West Bengal
With one day to go for the Kargil Vijay Diwas, a special event narrating the stories of Operation VIJAY that was fought to flush out the Pakistani troops from the Indian positions along the Line of Control (LOC) was organized by the Army on Sunday at Lamochen near Dras where an account of the epic battles on Tololing, Tiger Hill, Pt 4875 and other prominent features was narrated with these very landmarks visible to the audience in front of their eyes. Lt General MV Suchindra, GOC White Knight Corps, along with Kargil War Heroes Subedar Sanjay Kumar, Param Vir Chakra…
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Telangana’s Ramappa temple conferred UNESCO heritage tag
25 Jul

Telangana’s Ramappa temple conferred UNESCO heritage tag

editor0 CommentsIndia
The Unesco on Sunday recognised Telangana's historic 13th century Ramappa temple in Mulugu district as a world heritage site. "Just inscribed as @UNESCO #WorldHeritage site: Kakatiya Rudreshwara (Ramappa) Temple, Telangana, in #India. Bravo!" the United Nations Educational, Scientific and Cultural Organization announced on its official Twitter handle. The United Nations Educational, Scientific and Cultural Organization (UNESCO) on Sunday inscribed the 13th-century Ramappa in Palampet, Telangana a ‘World Heritage Site’. A consensus was reached in this regard during the ongoing virtual meet of the World Heritage Committee. While Norway opposed the inscription, Russia led an effort to have the temple recognised…
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9 people dead in a Landslide in Himachal Pradesh`s Kinnaur
25 Jul

9 people dead in a Landslide in Himachal Pradesh`s Kinnaur

editor0 CommentsIndia
on Sunday (July 25) Multiple landslides occurred near Batseri on Sangla-Chitkul road. According to sources Nine people were killed and three others injured in multiple landslides in Himachal Pradesh's Kinnaur district .11 people travelling in a tempo were hit by Heavy boulders, which left nine people dead and two severely injured.Prime Minister Narendra Modi expressed condolences for the victims.The police said they have started rescue operations . 
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President Ram Nath Kovind completed four years in office on Sunday
25 Jul

President Ram Nath Kovind completed four years in office on Sunday

editor0 CommentsIndia
Kovind was sworn in as the 14th President of India on July 25, 2017. He gave assent to 43 Bills of the Union government and 20 Bills of the state governments.The President also appointed 94 judges to the Supreme Court and the high courts, Governors of 12 states, Controller and Auditor General of India, Chief Information Commissioner, three Chief Election Commissioners, UPSC Chairman and Vigilance Commissioner. All of his works as an appointed President is mentioned in details in an e-book — ‘President Kovind at Four’ — which has been released on this occasion.As the supreme commander of the armed…
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Army soldier from Hamirpur district in Himachal Pradesh killed in accidental mine blast
24 Jul

Army soldier from Hamirpur district in Himachal Pradesh killed in accidental mine blast

editor0 CommentsIndia
According to sources Sepoy Kamal Dev Vaidya, aged 27 from the Village Ghumarwin of Hamirpur district in Himachal Pradesh died in an accidental mine blast in the Krishna Ghati Sector along the Line of Control in the Poonch district. Giving details of the incident, defence spokesman Lt. Colonel Devender Anand said on Saturday that on the night of 23 July, Sepoy Kamal Dev Vaidya was on an operational duty in Krishna Ghati Sector, District Poonch (J&K). While moving during the duty, Sepoy Kamal Dev Vaidya was critically injured in an accidental mine blast. He was immediately evacuated to the nearest…
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Mirabai Chanu Won India’s 1st Medal In Tokyo Olympics 2020
24 Jul

Mirabai Chanu Won India’s 1st Medal In Tokyo Olympics 2020

editor0 CommentsIndia, Sports,
Hou Zhihui of China won the gold medal, setting a new Olympic record of 210kg. She set the record too in snatch with 94kg and 116kg in clean and jerk.  Mirabai started off with a lift of 84kg in her first attempt at snatch. She went better in her second attempt, lifting 87kg. In the final attempt, she couldn’t lift 89kg. But her second attempt, also her personal best in snatch, was good enough to be placed second, behind Zhihui. Mirabai started off with a lift of 84kg in her first attempt at snatch. She went better in her second…
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