New HIV infections in kids down 52% in 2010-21

New HIV infections in kids down 52% in 2010-21

Wednesday, 30 November 2022 | Pioneer News Service | New Delhi

Due to Covid-induced disruptions, around 110,000 children and adolescents (0-19 years) died from AIDS-related causes during 2021 while another 310,000 were newly infected, bringing the total number of young people living with HIV to 2.7 million, according to the latest UNICEF global snapshot on children and HIV/AIDS, which was released...

RBI to launch pilot of retail digital rupee on Dec 1

Wednesday, 30 November 2022 | PTI | Mumbai

The Reserve Bank on Tuesday said it will launch the first pilot for retail digital rupee (e?-R) on December 1, 2022, in which four banks including SBI and ICICI Bank will initially participate. On November 1, the RBI had launched the first pilot in the digital rupee - wholesale segment. Announcing the...

FinMin to meet heads of banks on Dec 5 to promote cross-border trade in rupee

Wednesday, 30 November 2022 | PTI | New Delhi

The Finance Ministry has called a meeting of CEOs of banks, including top six private sector lenders, on December 5 to discuss ways to promote cross-border trade in the rupee instead of the US dollar. Besides, sources said the meeting to be attended by other stakeholders, including senior officials of external...

States borrowing cost falls 7 bps to 7.61% as bond supplies dry up on Central payouts

Wednesday, 30 November 2022 | PTI | Mumbai

The weighted average yield on states' market borrowings declined by 7 basis points to 7.61 per cent at Tuesday's auction on lower issuance as a number of states stayed away from the market. States have been given two installments of the central tax devolution on November 10 and an installment of...

CEA projects 9% jump in peak power demand to 235GW in April 2023

Wednesday, 30 November 2022 | PTI | Kolkata

Central Electricity Authority (CEA) on Tuesday said peak power demand may shoot up by nine per cent to 235 GW in April 2023 and called for proper planning to avoid recurrence of energy crisis. In April this year, the peak power demand was around 215GW. The country had witnessed unprecedented coal...

ONGC gas price to be capped at $6.5 for 5 years, no change in Reliance-bp price

Wednesday, 30 November 2022 | PTI | New Delhi

A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates. State producers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd...

‘Govt needs to set up separate Ministry for pharma sector’

Wednesday, 30 November 2022 | PTI | New Delhi

The government needs to set up a separate ministry for the pharma sector to encourage domestic producers and decrease Chinese imports, opined CEOs while participating in a discussion on the challenges being faced by the sector. In a CEO Roundtable at the 15th edition of CPHI & PMEC India held on...

Sensex, Nifty settle at fresh lifetime highs

Wednesday, 30 November 2022 | PTI | Mumbai

The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows.The 30-share BSE Sensex gained 177.04 points or 0.28 per cent to settle at 62,681.84, its fresh record closing high. During the day, it jumped 382.6...

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