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Urgent need to address manpower shortage in medical profession: VP Naidu

Urgent need to address manpower shortage in medical profession: VP Naidu

Vice President Venkaiah Naidu on Monday emphasised the need to address the problem of manpower shortage in the medical profession.

He said that the COVID-19 pandemic has highlighted the need for expansion of India's health infrastructure at the primary, secondary and tertiary levels.

Money laundering: ED arrests ex-Maharashtra home minister Anil Deshmukh

Money laundering: ED arrests ex-Maharashtra home minister Anil Deshmukh

Former Maharashtra home minister Anil Deshmukh was arrested by the Enforcement Directorate (ED) late Monday night after over 12 hours of questioning in a money-laundering case linked to an alleged extortion racket in the state police establishment, officials said.

They said Deshmukh, 71, has been arrested as per the provisions of the Prevention of Money Laundering Act (PMLA).

Sebi bans Proficient Research, its partners from markets for 4 years

Sebi bans Proficient Research, its partners from markets for 4 years

Markets regulator Sebi on Monday restrained Proficient Research and its partners from accessing capital markets for four years for engaging in investment advisory services without obtaining requisite registration.

Such certification is mandatory under Investment Advisers Regulations, 2013.

Partners of partnership firm Proficient Research were Vidhi Singh Parihar, Mohd. Sohail Khan and Altamash Sheikh.

Facebook denies Kazakh claim of exclusive access to content reporting

Facebook denies Kazakh claim of exclusive access to content reporting

Facebook owner Meta Platforms on Tuesday denied a claim by the Kazakh government that it had been granted exclusive access to the social network's content reporting system.

In what it called a joint statement with Facebook, the Kazakh government had touted the move as a compromise solution on Monday, after the Central Asian nation threatened to block Facebook for millions of local users.

No tie-up with airlines for govt staff after Air India-Tata deal

No tie-up with airlines for govt staff after Air India-Tata deal

Post handing over of Air India to the Tatas, government officials will be free to book their travel with any airline that offers them the best price.

And, the Centre will not have a tie up with any carrier, department of investment and public asset management (DIPAM) Secretary Tuhin Kanta Pandey said.

Power consumption rises 4.8% to 114.37 BU in October: Power Ministry

Power consumption rises 4.8% to 114.37 BU in October: Power Ministry

India's power consumption grew 4.8 per cent in October to 114.37 billion units (BU), indicating a good recovery amid coal shortages at electricity generation plants, according to power ministry data.

Last year in October, power consumption stood at 109.17 BU and in the same period in 2019, it was at 97.84 BU.

Bharat Biotech's Covaxin recognised by Australia for travelers

Bharat Biotech's Covaxin recognised by Australia for travelers

Australia's medicines and medical devices regulator on Monday formally recognised India's Covaxin, a vaccine against the coronavirus as the country's border was reopened for the first time in nearly 20 months.

Hyderabad-based Bharat Biotech's Covaxin, and AstraZeneca and Oxford University's Covishield are the two widely used vaccines in India.

Bank of Baroda to raise up to Rs 3,000 crore via Basel III bonds

Bank of Baroda to raise up to Rs 3,000 crore via Basel III bonds

State-owned Bank of Baroda on Monday said it will raise up to Rs 3,000 crore by issuing Basel III compliant bonds in one or more tranches.

The capital raising committee of the bank in a meeting on November 1, 2021 approved the issuance of Basel III compliant additional tier I/II bonds.

GST revenue at over Rs 1.3 trn in Oct; second highest so far: Govt

GST revenue at over Rs 1.3 trn in Oct; second highest so far: Govt

GST collections in October stood at Rs 1,30,127 crore of which CGST is Rs 23,861 crore, SGST Rs 30,421 crore, IGST is Rs 67,361 crore (including Rs 32,998 crore collected on import of goods) and cess Rs 8,484 crore (including Rs 699 crore collected on import of goods), said the statement.

In another sign of recovery, manufacturing activity accelerated to an eight-month high in October amid festival, showed IHS Markit Purchasing Managers Index (PMI) survey.

MG Motor reports 24% drop in retail sales in Oct amid production challenges

MG Motor reports 24% drop in retail sales in Oct amid production challenges

MG Motor India on Monday reported 24 per cent dip in retail sales at 2,863 units in October 2021 amid production challenges due to semiconductor shortage.

The company had retailed 3,750 units in the same month last year, MG Motor India said in a statement.

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