India

Banks move NCLT to invoke personal guarantee of promoters
13 Jul

Banks move NCLT to invoke personal guarantee of promoters

editor0 CommentsBusiness, India
Several banks have started moving the National Company Law Tribunal (NCLT) to invoke the personal guarantees given by promoters of defaulting companies. According to banking sources, leading banks, including State Bank of India (SBI), Bank of Baroda (BOB), and Union Bank of India (UBI) have approached different benches of NCLT to invoke the personal guarantee of 17 big defaulters including Atul Punj of Punj Lloyd (Rs 3,000 crore), Sanjay Singal of Bhushan Power and Steel (Rs 47,150 crore), and Wadhawans of DHFL (Rs 79,000 crore). Sources says that banks have decided that for invoking the personal guarantees, only the lead…
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PM Modi to review Covid situation in N-E states today
13 Jul

PM Modi to review Covid situation in N-E states today

editor0 CommentsIndia, North East,
Prime Minister Narendra Modi on Tuesday will virtually meet the Chief Ministers of all northeastern states to review the Covid-19 situation in the region at a time when the second wave of the pandemic continues to rage across the country. The meeting with the Chief Ministers of Assam, Nagaland, Tripura, Sikkim, Manipur, Meghalaya, Arunachal Pradesh and Mizoram will start at 11a.m. The proposed meeting follows Union cabinet secretary Rajiv Gauba's interaction with the officials of the northeastern states' home departments last Wednesday amid concerns over rising cases of coronavirus infection in the region. The northeastern states have witnessed a recent…
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BJP workers protested against the Delhi government over the water crisis.
12 Jul

BJP workers protested against the Delhi government over the water crisis.

editor0 CommentsIndia,
Scores of Bharatiya Janata Party (BJP) workers on Monday protested against the Delhi government over the water crisis. The BJP workers were protesting outside the residence of state Health Minister Satyendra Jain in the Civil Lines area. The Delhi Police had to resort to water cannons to disperse the BJP workers. Jain is the chairman of the Delhi Jal Board (DJB). BJP's Delhi unit president Adesh Gupta blamed the AAP government for the crisis. He said that the government has failed to deliver on its promises and that tanker mafias have flourished under Chief Minister Arvind Kejriwal. "People in Delhi…
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India reports over 37K new Covid cases, recoveries cross 3 crore-mark
12 Jul

India reports over 37K new Covid cases, recoveries cross 3 crore-mark

editor0 CommentsIndia, Covid19, Health,
India recorded 37,154 new Covid-19 cases in the past 24 hours and 724 deaths, said the Union Health and Family Welfare Ministry on Monday, adding that the total recovery from the virus also crossed the three crore-mark. This is the 34th consecutive day when India reported less than one lakh new coronavirus cases. According to the Union Health Ministry, a total of 39,649 people have been discharged in the last 24 hours, taking the total discharge to 3,00,14,713 till date. The Ministry said that a total of 37,73,52,501 people have been vaccinated so far in the country, including 12,35,287 who…
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India, Georgia agree to work jointly to further strengthen their ties during EAM S Jaishankar’s visit
11 Jul

India, Georgia agree to work jointly to further strengthen their ties during EAM S Jaishankar’s visit

editor0 CommentsInternational, India, ,
India and Georgia on Saturday agreed to work jointly to elevate their "very excellent relationship" to a new level as External Affairs Minister S Jaishankar held talks with Georgian Vice Prime Minister and Foreign Minister David Zalkaliani and discussed with him bilateral economic cooperation, trade and connectivity. Jaishankar is on a two-day visit to Georgia, a strategically important country situated at the intersection of Eastern Europe and Western Asia. He also invited his Georgian counterpart to India with a business delegation. "We discussed economic cooperation, tourism, trade and connectivity. Our relationship is doing well. There are some big Indian projects…
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Odisha CM grants Rs 352 cr Covid-19 assistance for MGNREGA workers
10 Jul

Odisha CM grants Rs 352 cr Covid-19 assistance for MGNREGA workers

editor0 CommentsIndia
Odisha Chief Minister Naveen Patnaik on Friday (July 9) disbursed a Rs 352 crore package for 32 lakh workers engaged under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the state from April to June. The financial package was a part of the Odisha government’s special COVID-19 package of Rs 1,690 crore for the poor. Each of the 32 lakh workers was given an extra amount of Rs 50 per day in addition to their wages, under the MGNREGA. The state paid an additional amount of up to Rs 4,500 for three months to the workers, ANI reported.…
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Those with over two kids can’t contest local polls, apply for govt jobs
10 Jul

Those with over two kids can’t contest local polls, apply for govt jobs

editor0 CommentsLifestyle, India,
According to a draft of the proposed population control bill, anyone violating the two-child policy in Uttar Pradesh will be debarred from contesting local bodies elections, from applying for or getting promotion in government jobs, and receiving any kind of government subsidy. The Uttar Pradesh State Law Commission (UPSLC) states that the provisions are part of the draft titled The Uttar Pradesh Population (Control, Stabilization and Welfare) Bill, 2021. The UPSLC website says, "The State Law Commission, UP is working on control, stabilisation and welfare of the population of the state and has prepared a draft bill." Suggestions have been…
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Kerala on high alert after 14 confirmed Zika virus cases
09 Jul

Kerala on high alert after 14 confirmed Zika virus cases

editor0 CommentsHealth, India,
Cases of Zika virus in Kerala went up to 14 on Friday with the National Institute of Virology (NIV) confirming 13 more cases. Following this, the State has been put on alert. Among the infected was a 24-year-old pregnant woman who was diagnosed with the mosquito-transmitted disease on Thursday. Hers was the first case of the virus in the State. According to the State government, of the 19 samples sent to the institute, 13 were found to be positive for Zika. The symptoms are similar to dengue and they include fever, rashes and joint pain. Health Minister of the State Veena George…
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India logs 43,393 new COVID-19 cases, recovery rate at 97.19%.
09 Jul

India logs 43,393 new COVID-19 cases, recovery rate at 97.19%.

editor0 CommentsCovid19, Health, India,
India has recorded 43,393 new COVID-19 cases in the last 24 hours, as per the Union Health Ministry. India’s active caseload stands at 4,58,727. The active cases constitute 1.49% of total cases. The recovery rate has risen to 97.19%. 2,98,88,284 people have recovered across the country so far. 36.89 crore vaccine doses were administered so far under a nationwide vaccination drive. The weekly positivity rate remains below 5%, currently at 2.36%. The daily positivity rate is at 2.42%, less than 3% for 18 consecutive days. The testing capacity has been substantially ramped up –42.70 crore total tests have been conducted.
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Yogi Adityanath expected to return to power in UP despite Covid failures
09 Jul

Yogi Adityanath expected to return to power in UP despite Covid failures

editor0 CommentsIndia, Covid19, Health, ,
There is good news for Uttar Pradesh Chief Minister Yogi Adityanath as majority feels he will win the upcoming state assembly elections in 2022. As per the IANS-CVoter Snap Poll, 52 per cent say Adityanath will win the UP elections despite his failure to handle the Covid pandemic in the state, while 37 per cent said Adityanath will not be able to win the elections. The BJP has recently registered a big victory in the Zila Parishad elections in Uttar Pradesh. It has has won 65 out of 75 seats in the Uttar Pradesh Zila panchayat polls. BJP’s thumping victory…
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