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elections 2022
elections 2022

BUSINESS

Russia-Rosatom
Russia's Rosatom looking at India's irradiation segment
IANS -
It is learnt Russia's integrated nuclear power corporation Rosatom is also looking at entering the Indian irradiation market. Officials, however have declined to comment much on that. It should be noted Rosatom is the supplier of six 1,000 MW atomic power units to India out of which two are functional and four are under construction.
State-Bank-of-India
Govt allows sale of electoral bonds through 29 SBI branches from Dec 5-12
IANS -
A person being an individual can buy electoral bonds, either singly or jointly with other individuals. Only political parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which have secured not less than one per cent of the votes polled in the last general election to the Lok Sabha or state legislative assemblies are eligible to receive these bonds.
Sundar-Pichai-CEO-of-Google
'I carry India wherever I go,' reiterates Google CEO Sundar Pichai
IANS -
"India is a part of me. I carry it with me wherever I go. I was fortunate to grow up in a family that cherished learning and knowledge, with parents who sacrificed a lot to make sure I had opportunities to explore my interests," Pichai said in a blog post late on Friday. He expressed his thoughts after receiving the Padma Bhushan, India's highest civilian honour, from India's Ambassador to the US, Taranjit Singh Sandhu, in San Francisco.
Indian-startup
Indian startup winner of 1 million-pound Earthshot Prize
IANS -
Prince William and The Earthshot Prize revealed in Boston on Friday the 2022 winners -- an accomplished group of entrepreneurs and innovators spearheading groundbreaking solutions to repair and regenerate the planet. Each winner was awarded a 1 million pound prize at the second-annual Earthshot Prize awards ceremony, which will be broadcast Sunday on the BBC.
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Sundar-Pichai
India's G20 Presidency will boost global economy, open Internet: Sundar Pichai
IANS -
Pichai, who received the Padma Bhushan, India's highest civilian honour, from India's Ambassador to the US, Taranjit Singh Sandhu, in San Francisco, said that it is incredibly meaningful to be honoured in this way "by the country that shaped me". "India is a part of me. I carry it with me wherever I go. I was fortunate to grow up in a family that cherished learning and knowledge.
Coal-mining
Coal production for April-Nov period up 17% to touch 524mn tonnes
IANS -
Coal India Ltd's (CIL) production was 412.63 million tonnes till November as compared to 353.41 million tonnes recorded during the corresponding period of last year, thus showing a growth of 16.76 per cent. To ensure faster transportation of coal, efforts are on to augment rail connectivity infrastructure for all major mines under PM-Gati Shakti, sources pointed out further.
Reserve-Bank-of-India
Don't hike repo rate beyond 25-35 bps, ASSOCHAM urges RBI
IANS -
ASSOCHAM has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) as priority sector lending. According to ASSOCHAM, the interest rate hike should be moderate so that the rising cost of borrowing does not have an adverse and disproportionate impact on the nascent economic recovery post the pandemic.
ShareChat
ShareChat lays off less than 5% of its workforce, shuts fantasy sports app Jeet11
IANS -
"As a standard business practice, we periodically evaluate our strategies. We can confirm that we are ceasing operations of Jeet11 and have reorganised some of our functions, which meant movement of this talent within teams and a few employee exits," a ShareChat spokesperson told IANS.
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Madhusudan-Ekambaram
Fintech platform KreditBee raises $80 mn, aims to diversify portfolio
IANS -
KreditBee said it will use the funds used to diversify its product portfolio and strengthen its tech stack to serve more than 400 million Indians on its platform. The current investment saw active participation from existing investors Azim Premji's Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures.
People-in-Pakistan-Market
Pakistan's inflation climbs to 23.8% in November
IANS -
According to the PBS, the CPI in November has also witnessed ease year on year as compared to an increase of 26.6 percent in the previous month of October, reports Xinhua news agency. On a month-on-month basis, the CPI increased by 0.8 per cent in November as compared to an increase of 4.7 per cent in the previous month and 3 per cent in November 2021, the PBS figures showed.
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