A new coronavirus disease (COVID-19) Solidarity Response Fund to raise money from donors to support the World Health Organization (WHO) respond to the COVID-19 pandemic, the first-of-its-kind, has been created by the United Nations Foundation and the Swiss Philanthropy Foundation, together with WHO. The fund has already lined up support from Facebook and Google who have instituted a matching scheme ...
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Learning and staying in shape key to longer lifespan, study finds
People who are overweight cut their life expectancy by two months for every extra kilogramme of weight they carry, research suggests. A major study of the genes that underpin longevity has also found that education leads to a longer life, with almost a year added for each year spent studying beyond school. Other key findings are that people who give ...
Read More »Why is GST Anti-Middle Class but Pro-Rich, Pro-Farmer?
When Indian Prime Minister Narendra Modi visited the White House, the pat came from the President for undertaking the daunting taks of bringing the entire 1.3 billion consumers of the country under one tax regime, making it easy for market access by sellers. The huge transition to GST-managed tax regime may benefit those who buy white goods as discounts are ...
Read More »GST Regime Offers Huge Discounts on Mobile Phones, Cars, Gadgets, Not on Food
GST roll out has turned a retail sales extravaganza across the country with car makers and retailers turning it into a sales pitch with huge discounts on goods based on GST rate slabs and large queues were seen from Mumbai to Bhubaneshwar and New Delhi to Bangalore on Friday night. Beginning today, Saturday, July 1, 2017, India switched over to ...
Read More »Rentals in IT-Centric Cities May Come Down in Next 3 Quarters: Assocham Report
Amid huge layoffs by IT companies, IT-centric companies are witnessing pressure on rentals of homes in cities such as Bengaluru, Hyderabad, Chennai, Pune, Gurgaon and Noida, which may decline to the extent of 10 to 20 percent over the next three quarters, said Assocham. The worst hit was Bengaluru where the fresh inflows of young professionals is declining over the ...
Read More »South Asia SASEC Program of ADB Expands with Myanmar Joining as 7th Member
South Asian Subregional Economic Cooperation (SASEC) program of Asian Development Bank (ADB) has expanded with the inclusion of Myanmar aas the 7th member in 2017. Shaktikanta Das, India’s finance secretary said on the occasion that Myanmar is key to realizing greater connectivity and stronger trade and economic relations between the SASEC sub-region and the countries of East and Southeast Asia. ...
Read More »First Time India Becomes Net Exporter of Electricity
India’s Central Electricity Authority for the first time has turned around from a net importer of electricity to Net Exporter of electricity in 2016-17. During the current financial year 2016-17, as of February, India has exported around 5,798 Million Units to Nepal, Bangladesh and Myanmar which is 213 Million units more than the import of around 5,585 Million units from ...
Read More »Delegates for Commonwealth Auditors General Conference Meet President
The delegates participating in the Commonwealth Auditors General Conference called on the President of India, Mr Pranab Mukherjee today (March 23, 2017) at Rashtrapati Bhavan. Speaking on the occasion, the President expressed happiness that the multilateral forum of Auditors General of Commonwealth countries has met in India this year to discuss contemporary issues of relevance to the member Supreme Audit ...
Read More »India Signed Air Services Agreements or Drafts with 114 Countries So Far
India has so far signed and initiated Air Services Agreement with 114 countries and latest one was with Rwanda, signed on 20th February 2017 at Kigali, informed Minister of State for Civil Aviation Jayant Sinha in written reply to a question in Lok Sabha on Wednesday. The Air Services Agreements between India and other countries have the potential to spur ...
Read More »Payza India Launches App for Online Bills Payment
London-based Payza, an online payment platform, has launched an online Utility Bill Payments service for Indian customers after teaming up with India’s household utility and telecommunications service providers such as Airtel, Tata Sky, Tata Docomo, Vodafone, Reliance, DishTV, MTNL, BSNL, and others. The Payza Utility Bill Payments option is available through the Payza Android App that enables users to securely ...
Read More »France 24’s Event Encore In India to Focus on Empowering Women
As part of its special programming for International Women’s Day on the 8th of March, France 24’s culture team heads to India to explore the world’s largest democracy and see how women, and women’s rights, are making their mark on the country’s vibrant arts scene. Olivia Salazar-Winspear presents two special editions of the daily culture showEncore! Wednesday 8th March ...
Read More »Indian Minister to Participate in Nairobi Conference on Devolution
The Union Minister of State for Finance and Corporate Affairs, Mr. Arjun Ram Meghwal will represent the India in the 4th Annual Devolution Conference to be held from 6th to 9th March, 2017 at Nakuru County of Kenya. He is expected to share the experience of devolution system and its progress in India and specifically highlight the 73rd-74th Constitutional Amendments ...
Read More »ADB Gives $375 Mln Loan for Visakhapatnam-Chennai Industrial Corridor
The Asian Development Bank (ADB) and the Government of India signed in New Delhi $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC). The Corridor is expected to spur development on India’s eastern coast in line with the Government of India’s Make ...
Read More »World Bank Provides $63 Mln for Tejaswini Program for Girls in Jharkhand
A Financing Agreement for IDA credit of US$ 63 million for the “Tejaswini” Socio-Economic Empowerment of Adolescent Girls and Young Women Project” was signed in New Delhi last week with the World Bank. The Financing Agreement was signed by Mr. Raj Kumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Mr. ...
Read More »64 Indian Food Exporters to Participate in Gulf Food 2017 in Dubai
With 64 Indian exporters of Agriculture and Processed Food products are participating under APEDA (Agricultural and Processed Food Products Export Development Authority) will particiapte in the Gulf Food 2017 in Dubai to be held from 26th February to 2nd March, 2017. APEDA pavilion will be inaugurated by Ms. Rita Teaotia, Commerce Secretary. APEDA is an apex organization under the Ministry ...
Read More »3 EU Delegations on Whirwind Tour of India
A delegation of the Committee for Internal Market and Consumer Protection, European Union led by Ms. Vicky Ford met the Union Minister for Consumer Affairs, Food and Public Distribution, Mr. Ram Vilas Paswan, in New Delhi on February 23, 2017. The European Parliament Committee on Internal Market and Consumer Protection is on a visit to Mumbai and New Delhi from ...
Read More »Telecom Exports from India to be the focus of ASEAN-India Digital Partnership
To commemorate the 25th year of the ASEAN India relations, India’s Telecom Equipment and Services Export Promotion Council is holding an inter-ministerial meeting between telecom ministers of ASEAN countries and India in New Delhi today, on 20th February, 2017 to explore the posibility of strategic and commercial tie ups. Telecom Minister of State Manoj Sinha led the discussions from Indian ...
Read More »FDI Rules Relaxed to Push SME Sector: Nirmala Sitharaman
Commerce and Industry Minister Nirmala Sitharaman in a written reply in Rajya Sabha on Wednesday said separate data regarding investment made by foreign companies in Small and Medium Enterprises (SMEs) is not maintained but remittance-wise data is available in public domain at the website of Department of Industrial Policy & Promotion at www.dipp.nic. Foreign Investments bring international best practices and ...
Read More »India Ropes in Czech, Russia for Heavy Industry Tech Transfer
Indian Government is taking various measures for bringing investment from Central Eastern Europe such as opening up Foreign Direct Investment in many sectors, carrying out FDI related reforms and liberalization and improving ease of doing business in the Country, said minister of State in the Ministry of Heavy Industries and Public Enterprises Mr. Babul Supriyo in reply to a written ...
Read More »India Surrendered 2 Mozambique Coal Mining Licences: Minister
Coal India Limited (CIL) has surrendered two licenses held by its subsidiary Coal India Africana Limited in Mozambique and with this has no foreign coal assets. However, CIL is looking for coking coal assets abroad since viable domestic coking coal reserves in the country are facing constraints, both commercial and technical, said Mr. Piyush Goyal, Minister of State for Coal ...
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