Month: July 2022

MP civic polls: Final phase of voting underway across 43 districts 

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The Aam Aadmi Party is also trying its luck in the Madhya Pradesh municipal elections for the first time – on the promise of free water, better schools and healthcare facilities. Voting for the second phase of civil body polls in Madhya Pradesh is underway amid tight security. About 7,000 polling centres have been set up for voting in five Municipal Corporations, 40 Municipal councils and 169 Nagar Parishads across 43 districts. The voting commenced at 7am and will conclude at 5pm.Voting for the second phase of civil body polls…

Lessons for India from Sri Lanka economic crisis

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As Sri Lanka is facing an unprecedented economic and political crisis, here are the lessons India can learn from the mistakes of its neighbouring country. The economic crisis in the southern neighbour has been in the making for several years, and recent geopolitical developments have pushed the country towards chaos and bankruptcy. Sri Lankan leadership invited this crisis to their doorstep by reckless borrowing which even exceeded the GDP of the country. The composition of this debt also changed over the years, where concessionary borrowings were replaced with commercial borrowings…

Today is the full moon date of the month of Ashadh and Guru Purnima is celebrated on this day. In Hinduism, the place of Guru is placed before God.

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Guru Purnima is also known as Vyas Purnima. Maharishi Ved Vyas, who attained the status of Guru, was born on this day. Guru is worshiped on this special full moon date. We acquire knowledge only through the Guru. Guru shows us the way to move from darkness to light. The importance, respect and sense of true loyalty and dedication of Guru has always been there in Indian culture. Maharishi Ved Vyas, who composed and taught the Vedas, has been given the status of the first Guru in Hinduism. For this…

RBI new restriction on fintechs offering credit in collaboration with non-banks will affect BNPL market in India

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The Reserve Bank of India’s (RBI) recent regulation barring fintech companies from loading prepaid payment instruments (PPIs) such as prepaid cards and mobile wallets using credit offered by non-bank institutions is expected to affect the existing business model of buy now pay later (BNPL)/ non-bank entities in the short-term, says GlobalData, a leading data and analytics company. Several fintech companies adopted a PPI-based BNPL model in India, wherein they provide short-term credit to customers which are funded by their partner non-bank entities. As per the new regulation, PPIs should only…

BJP chief JP Nadda reaches poll-bound Rajasthan’s Mount Abu, party to discuss strategy

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BJP National President JP Nadda has reached Rajasthan’s Mount Abu. He is slated to discuss the party’s strategy for the upcoming assembly polls in the state. BJP National President JP Nadda has reached Rajasthan’s Mount Abu. He will take part in the party’s ongoing camp and discuss the party’s strategy for the upcoming assembly polls in the state. The BJP is holding a three-day training camp for its party workers in Rajasthan, which began on Monday. Ahead of the elections scheduled for next year, the training camp being undertaken in…

Are Parsis and Sikhs not Indians? Smriti Irani hits back at TMC’s Jawhar Sircar

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In a reply to TMC MP Jawhar Sircar’s ‘brand of secularism’ jibe, Union Minority Affairs Minister Smriti Irani asked if Parsis and Sikhs were Indians. In a reply to Trinamool Congress (TIMC) MP Jawhar Sircar’s ‘brand of secularism’ jibe, Union Minority Affairs Minister Smriti Irani asked if Parsis and Sikhs were Indians. We serve all, appease none. When I sit in the ministry, I serve India, not communities,” said Irani. Irani took charge as the Union Minority Affairs minister five days ago after Mukhtar Abbas Naqvi resigned from the cabinet.…

Strict adherence to election procedures is ECI’s Hallmark: CEC

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The Election Commission of India today started the distribution and dispatch of designated ballot boxes, ballot papers, special pens, and other sealed election materials to the State Legislative Assembly Secretariats including the National Capital Territory of Delhi and UT of Puducherry for the conduct of Presidential Election 2022 scheduled on July 18, 2022. This two-day exercise at Nirvachan Sadan, New Delhi for dispatch of election materials to States/UT in a time bound and secured manner is being undertaken under the supervision of Chief Election Commissioner Shri Rajiv Kumar and Election…

PM inaugurates Deoghar Airport; to provide direct air connectivity to Baba Baidyanath Dham

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The Prime Minister, Shri Narendra Modi inaugurated and laid the foundation stone of various developmental projects worth more than Rs 16,800 crores in Deoghar today. Governor Jharkhand, Shri Ramesh Bais, Chief Minister Shri Hemant Soren, Union Minister Shri Jyotiraditya Scindia, State ministers and people’s representatives were among those present on the occasion. . Addressing the gathering, the Prime Minister said that with the blessings of Baba Baidyanath, projects worth more than Rs 16,000 crore have been inaugurated and the foundation stone has been laid today. These are going to give…

Capgemini signs agreement with Eneco to support its sustainable energy transition

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Capgemini has signed two new agreements with Eneco, a group of companies active in the field of renewable energy and innovation, energy trade and retail. As part of a 10-year agreement, Capgemini will support Eneco’s transition towards sustainable energy and help meet its ambition of becoming carbon-neutral by 2035.  Additionally, a 5-year agreement was signed to develop and implement a Digital Technology Platform. The agreements will span service areas interfacing with and supporting Eneco’s digital technology platform, including cloud, data, integration, infrastructure, cybersecurity, customer experience, consulting and transformation services, as well as applied…

World Population Day 2022: India’s urban population is estimated to stand at 675 million in 2035,

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World Population Day 2022: India’s urban population is estimated to stand at 675 million in 2035, the second-highest behind China’s one billion, the UN has said in a report. The World Population Day is marked on July 11 and is observed to raise awareness of global population issues. The Governing Council of the United Nations Development Programme in 1989 had started observing July 11 as World Population Day, inspired by the public interest in 5 Billion Day on July 11, 1987 July 11, 1987 is the approximate date on which world’s…