Four in five families had someone experiencing pollution-related ailments, and 22 per cent of families had someone who had already visited a doctor due to air pollution, which increased to 44 per cent in November second week.
The People's Bank of China (PBOC) said it was keeping the rate on 1 trillion yuan ($156.77 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions steady at 2.95% from previous operations.
PM Modi will inaugurate the newly redeveloped Rani Kamlapati Railway Station, earlier known as Habibganj railway station. The PM will further participate in a roadshow from Jamboree ground to the railway station.
Only 70 per cent of children received second doses of the vaccine, whereas the goal is to hit 95 per cent to prevent the spread of measles. In 2020, 23 countries postponed measles vaccination campaigns because of the COVID-19 pandemic.
In an exclusive interview, the Life Insurance Corporation of India (LIC) chairman, M.R. Kumar said, "Personally, I believe that 18 per cent GST levy on life insurance premiums is too high. The reason is that insurance in India is still sold and not bought. It is an absolute necessity for people to have insurance and that is what we work for."
Two years prior to demonetisation, the currency, as well as the nominal growth in the economy, was in the range of 10-12 per cent. But in the last two years, currency in circulation has grown by 14-16 per cent whereas the nominal GDP growth has been lower.
The RBI's new supervisory framework is the result of the failure of a few large NBFCs. The NBFC sector poses a big threat to the stability of the financial system as it has strong linkages with banks, debt and equity markets, insurance and the mutual fund industry.
The RBI's action against Haribhakti & Company is only against the audit assignment of entities regulated by the RBI. The auditing firm is free to do audit assignments outside the RBI's regulated space.
Unlike DHFL, which has homeloan borrowers, branches, and good geographical presence, SREI group firms are into infrastructure, which is very different. Investors will look for revenue-generating assets to get invest in it
Participation of individual investors is also on the rise. From a share of 33 per cent in the total trading volume in FY 2015-16, it has increased to 44 per cent till August 2021, says the NSE's Market Pulse September 2021 report
The review was necessitated against the backdrop of significant developments in the mutual fund industry and in the financial markets as a whole, including in the area of product innovation, investment in newer asset classes