India - The Purbottar

15 Jul

India’s wicketkeeper-batsman Rishabh Pant tests positive for COVID-19

editor0 CommentsCovid-19, India, SportsCovid-19, Rishabh Pant

India's wicketkeeper-batsman Rishabh Pant has tested positive for COVID-19 and will not travel with the Test squad to Durham, where Team India will reassemble to begin preparations for the England series. A BCCI source confirmed that it was Pant who tested positive and was in isolation for the past eight days. He is, according to the source, asymptomatic at this point. "He is in quarantine at an acquaintance's place and won't be travelling with the team to Durham on Thursday," he said without divulging when the 23-year-old will join the squad. A few weeks earlier the player was spotted with…

15 Jul

Mastercard ban: RBL Bank’s credit card issuance to take hit, switches to Visa

editor0 CommentsBusiness, Indiabank, Business

RBL Bank said that its credit card issuance rate will be impacted post the Reserve Bank barring Mastercard Asia Pacific from onboarding new credit, debit and prepaid card customers with effect from July 22. RBL Bank, which currently issues credit cards on the Mastercard network only, said it has entered into an agreement with Visa Worldwide on Wednesday to issue credit cards enabled on the Visa payment network. The bank expects to start issuing credit cards on the Visa payment network post the technology integration, which is expected to take 8 to 10 weeks. “Our bank’s current run rate of…

15 Jul

L&T Tech Services shares zoom over 17 pc after Q1 earnings

editor0 CommentsBusiness, IndiaBusiness, l&t

Shares of L&T Technology Services (LTTS) on Thursday zoomed over 17 per cent after the company reported a massive jump in its June quarter net. At 1.54 pm, LTTS stock zoomed 17.72 per cent to Rs 3,426, with its 52-week high of 3447.35 at the BSE. L&T Technology Services on Wednesday reported an 84 per cent jump in its June quarter net at Rs 216.2 crore, largely on widening margins. The company, the engineering and research and development services arm of the infra major L&T, had posted a net profit of Rs 117.2 crore in the year-ago period. Its overall…

15 Jul

Skill, reskill & upskill: Modi’s mantra for ‘Aatmanirbhar Bharat’

editor0 CommentsIndiaNarendra Modi

Underlining the importance of skills in the Indian culture, Prime Minister Narendra Modi on Thursday exhorted the stakeholders to continuously “skill, reskill and upskill” to achieve ‘Aatmanirbhar Bharat’ (self-reliant India) goal, and that India providing smart and skilled manpower solutions to the world should be at the core of strategy of skilling our youth. He said skill development of the new generation is a national need and is the foundation of ‘Aatmanirbhar Bharat’ to take India forward from 75 years to 100 years. Taking note of huge demand for reskilling due to fast changing technology, the Prime Minister emphasised that…

15 Jul

Sedition law ‘colonial’, used against Gandhi, Tilak: SC

editor0 CommentsIndiaSUPREME COURT

The Supreme Court on Thursday questioned the Centre on the utility of having sedition law even after 75 years of independence. The Court also expressed its concern on sedition law being misused by police against persons who speak against the government. A bench headed by Chief Justice N.V. Ramana said: “It is a colonial law used by the British to silence Mahatma Gandhi, Tilak. Still, it is necessary after 75 years of independence?” Chief Justice told Attorney General K.K. Venugopal, “I am indicating, what I am thinking”. The bench cited the example of continued usage of section 66A of the…

14 Jul

Salary hike for govt employees! Centre increases DA from 17% to 28%

editor0 CommentsIndiaDA, Salary

The Central government has announced to restore Dearness Allowance (DA) benefits for its employees and pensioners. Union Minister Anurag Thakur said that the Cabinet has approved to increase the DA from 17 per cent to 28 per cent. The hike will come into effect from July 1, 2021. "The Dearness Allowance (DA) for Central Government and pensioners employees has been increased from 17% to 28%. This will be applicable from 1st July 2021," he said. The DA is a part of the salary given to government employees and pensioners. Notably, the payment of DA of employees has not been revised since January…

14 Jul

CBSE Class 10 and Class 12 board exams were cancelled, Will exam fees are refunded?

editor0 CommentsEducation, Indiacbse, Delhi High Court

The Central Board of Secondary Education (CBSE) has been directed by the Delhi high court to decide if it would refund the examination fees taken for class 10 and class 12 board examinations. The high court has given eight weeks to CBSE to decide on the issue. The board exams of the two classes were cancelled due to the coronavirus disease (Covid-19) pandemic. The high court's order came on a petition filed by Deepa Joseph, mother of a Class 10 student studying in a CBSE affiliated school in New Delhi. She had paid ₹2,100 as an examination fee. Joseph's counsel contended…

14 Jul

Adani Group in-charge of management Mumbai Int’l Airport after clearance from CIDCO, GoM

editor0 CommentsBusiness, IndiaBusiness

The Adani Airport Holdings Ltd (AAHL) has taken over the management control of Mumbai International Airport Limited (MIAL), India’s second busiest airport by both passenger and cargo traffic, from the GVK Group following a board meeting of MIAL held on Tuesday, as per a statement issued by its parent company Adani Enterprises Limited. This new move is in line with approvals were received from the Government of India, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Government of Maharashtra. MIAL is India’s second busiest airport both in terms of passenger and cargo traffic. With eight airports under…

14 Jul

Vaccination leads to reduced ICU stay, treatment cost

editor0 CommentsCovid-19, Health, IndiaCovid-19, vaccination

A cohort study on the impact of vaccination among Covid-19 patients by Star Health and Allied Insurance has unveiled the significant impacts of vaccination among individuals 45 years and above, IndiaMedToday reported. The study concluded that there was a marked reduction in the total hospitalisation expenses by approximately 24 per cent, the average length of stay (ALOS) by a mean of 2.1 days, ICU requirement by 66 per cent and a reduction of approximately 81 per cent in mortality among patients who had completed two doses of vaccination. The report said the study was conducted during the second wave (March…

14 Jul

No fuel price hike for 2nd day in a row

editor0 CommentsBusiness, IndiaBusiness, Fuel

The oil marketing companies kept the retail price of petrol and diesel unchanged on Wednesday, the second consecutive day of no change, to analyse the global oil price movement before making further revisions. After crossing $77 a barrel, global crude prices have softened a bit with differences surfacing in oil cartel OPEC over continuation of production cuts and demand concerns over rising Covid cases in several European countries. With price pause on Wednesday, petrol continues to be priced at Rs 101.19 a litre and diesel at 89.72 a litre in the national capital. On Monday, oil companies had raised the…