Year: 2020

“India is well poised to reboot economy through science”: Dr Harsh Vardhan

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Addressing a Digital Conference, RE-START – ‘Reboot the Economy through Science, Technology and Research Translations’, organised to celebrate the National Technology Day, the Union Minister of Science & Technology, Harsh Vardhan said that India’s fight against the COVID-19 is moving fast ahead strongly and steadily. The Conference was organised by the Technology Development Board (TDB).   While applauding the Ministry of Science & Technology’s response to epidemics like COVID in the country, Vardhan emphasized that the science & technology (S&T) response reflects the collaborative spirit of the entire S&T ecosystem.…

COVID-19 to further drive e-commerce payments in India

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The growth of Indian e-commerce market has been revised up, considering the positive push due to coronavirus (Covid-19) outbreak, according to estimates by GlobalData, a leading data and analytics company.   An analysis of GlobalData’s E-Commerce Analytics reveals that e-commerce market in India is set to grow at a compound annual growth rate (CAGR) of 19.6% between 2019 and 2023 to reach INR7 trillion (US$98.4bn) by 2023.   As consumers are increasingly shifting from in-store to online spending to avoid exposure to disease vectors such as cash and point of…

Intel Launches First Global Challenges, Marks a New Era of Shared Corporate Responsibility

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Intel released its annual Corporate Responsibility Report. The report builds on Intel’s decades of transparency in corporate responsibility and details progress Intel has made in the past decade to reduce greenhouse gas emissions, restore billions of gallons of water to local communities and achieve gender pay equity across its global workforce, among other milestones. The report also establishes a new 2030 strategy and goals for continued progress for the next decade – from achieving net positive water use, 100% green power and zero waste to landfills across Intel’s global manufacturing operations to doubling…

₹20 lakh crore Covid-19 economic stimulus package to make New India

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Finance Minister Nirmala Sitharaman today shared the details of the ₹20 lakh crore Covid-19 economic stimulus package announced by Prime Minister Narendra Modi yesterday. Here are the highlights:     ₹3 lakh crores worth of collateral-free, automatic loans for struggling Micro, Small and Medium Enterprises (MSMEs). Loans will have a four-year tenure and 12 month moratorium on principal repayment. Borrowers with up to ₹25 crore loan outstanding and ₹100 crore turnover are eligible. The scheme can be availed till October 31, 2020.     As part of efforts to support Indian businesses,…

Optimising PSU payouts for fighting global pandemic

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Due to the COVID-19 outbreak, the Indian government, like governments across the globe, faces the unenviable task of protecting lives and livelihoods while tax and non-tax revenues have plummeted. Dividend receipts from the RBI, public sector banks, financial institutions and public sector undertakings (PSUs) accounted for a tenth of Government of India’s (GoI) revenue receipts in FY2020 (revised estimate).   Historically, RBI has been the single largest contributor to GoI’s dividend receipts. In the February 2020 Union Budget, the government had projected a 36% increase in dividend payments from PSUs…

Coronavirus may remain like HIV, says WHO

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On one side the entire world is struggling to fight and win against global pandemic, on the other Coronavirus may never go away and populations around the world will have to learn to live with it, the World Health Organization (WHO) warned.   Michael Ryan, Director WHO health emergencies program, said that the coronavirus may become another endemic virus in the community and may never go away.   He said, just like the HIV has never gone away, there’s no clue as to when the novel coronavirus will disappear.   “HIV has never gone away. But we have found ways for those who have HIV to live…

Fauci warns that states may face dire consequences if reopen too quickly

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During ongoing global pandemic and global lockdown, each state and country is trying harder to end stay-at-home orders, countries that had already opened up are closing down again after renewed spikes in infections. Lebanon became the latest country to reimpose restrictions after experiencing a surge of infections, almost exactly two weeks after it appeared to contain the spread of the virus and began easing up. In the U.S., federal health officials testified at a Senate hearing on whether the country is truly ready to reopen, as the death toll surpassed 81,500…

Filling up with biogas at the Vuorenmaa dairy farm

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Soon it will be possible to fill up the tank with biogas made from cattle manure at the Vuorenmaa dairy farm in Haapavesi. In addition to the milk truck, there is enough for other drivers of gas-powered vehicles to purchase it from ordinary gas meters. Using pressurised biogas produced from cow manure for transportation purposes is new in Finland. Biogas will have an important role in reducing transport emissions because it will replace fossil fuels, i.e. diesel and petrol. At the same time, it’ll significantly reduce the carbon footprint of the…

Enterprise employees and Army Personnel specifically targeted: Aarogya Setu

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There is no doubt that Government is trying it’s level best to protect the netizens of the country by providing the food,cloth and shelter and now with the huge funds alloctaion to protect the Industrial growth and incentives to farmers and needy mass but the recent Aarogya Setu raises many questions on its security vulnerability. There is meteoric rise in attempts centred around COVID-19, and Aarogya Setu have become a major phishing scandal in the last 12 days starting April 28, 2020, with a massive spike beyond May 4, 2020. …

Listen to the hearth of Indians: Is Social media is Responsible ?

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Of late, a tendency has been noticed where in deliberate efforts are being made to hurt and provoke Hindu sentiments. Social media is being used to denigrate and attack Hindu feelings. Grave attempts are being made to create wedge in the Indian society.   India like many other countries is passing through a difficult phase. The COVID-19 pandemic has created a threatening situation all over. Our country with a huge population of 130 crores has many challenges to face. Saving people’s lives, providing healthcare to all the affected, making food…