INDIA
Centre mulls 'bad bank', PSB privatisation for Budget FY22
A bad bank is a bank set up to buy the bad loans and other illiquid holdings of another financial institution. Even though a custodian for the stresssed assets has been provisioned for long, but, it has never materialised. According to sources, there are talks of reducing the number of public sector banks (PSBs) to four from the current 12. This is likely to be part of the government's new strategic disinvestment policy, which is also likely to include the insurance sector.
India cricketers restricted from leaving Sydney hotel premises
The development comes after five players -- Rohit Sharma, Rishabh Pant, Shubman Gill, Prithvi Shaw and Navdeep Saini were put in isolation as both the Australian and Indian cricket boards launched an investigation into alleged breach of bio-security protocols following a video on social media which showed them sitting indoors in a restaurant in Melbourne last week.
COVAXIN approval sparks controversy: All you need to know
Bharat Biotech’sCovaxin has got approval from the DCGI but its phase-III trial is yet to be completed. According to critics, neither any data proving the vaccine’s efficacy nor any results of an interim analysis have been shared in the public domain so far.
Omar, Mehbooba demand probe in Srinagar encounter
Three persons Aejaz Ganai from Pulwama, Zubair Lone from Shopian and Athar Mushtaq from Pulwama were killed in an encounter at Lawaypora on in Srinagar on December 30. Army said that they were repeatedly given a chance to surrender which they did not do and instead fired at the security forces and threw grenades. The families of those killed have been contesting the version of security forces claiming that their sons are not militants.
No export of Covishield vaccine at the moment: SII CEO Adar Poonawalla
“The vaccine was granted emergency authorization by the Indian regulator on Sunday, but on the condition that Serum Institute doesn't export the shots to ensure that vulnerable populations in India are protected”, he added.
Talks with farmers end without breakthrough, dialogue may resume on January 8
The meeting had started around 2.30 p.m. at Vigyan Bhavan in the presence of Union Agriculture Minister Narendra Singh Tomar, Consumer Affairs Minister Piyush Goyal and Union Minister of State for Commerce and Industry Som Parkash. Agriculture Secretary Sanjay Agarwal and other Ministry officials are also attended the meeting.
PM dedicates National Atomic Timescale to country
The National Atomic Timescale generates Indian Standard Time with an accuracy of 2.8 nanoseconds. Expressing happiness over CSIR-NPL National Atomic Timescale which he dedicated to humanity, the Prime Minister said that India has become self-reliant in measuring the time within the range of a nano second.
Co-WIN app for Covid-19 vaccination: Launch date, how to download and register yourself
The Union health minister has earlier said that people would be able to self-register themselves for vaccine through this app. But that would happen at a later stage after the frontline workers identified by the local authorities are vaccinated.
Govt-farmers' 7th round of talks begins to end deadlock
The meeting started around 2.30 p.m. at Vigyan Bhavan in the presence of Union Agriculture Minister Narendra Singh Tomar, Consumer Affairs Minister Piyush Goyal and Union Minister of State for Commerce and Industry Som Parkash.
Can you take Covid-19 vaccine? Govt of India answers all your queries
The government of India on Sunday released a three-part video series to answer all such questions related to the vaccination exercise. In the video, All India Institute of Medical Sciences (AIIMS) Director Dr Randeep Guleria responds to all concerns surrounding the Covid-19 inoculation.
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