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Global recovery underway after worst recession since WW-2: IMF head

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Global recovery underway after worst recession since WW-2: IMF head

A day after the International Monetary Fund forecast a global growth of six per cent for this year, IMF Managing Director Kristalina Georgieva has said that after the worst global recession since the Second World War, the recovery is underway. The outlook, she asserted, is brighter because millions of people are benefitting from vaccinations and because of further policy support, especially in the US.

SEBI fines Mukesh Ambani, Anil Ambani, others Rs 25 crore on RIL shareholding irregularities

Securities and Exchange Board of India (SEBI) has slapped a penalty of Rs 25 crore on Mukesh Ambani, Anil Ambani, and nine other individuals and entities in connection with irregularities in shareholding emerging from violation of regulator's takeover code regulations.

Massive fire breaks out at eastern Mexico Pemex refinery

A major fire broke out on Wednesday at an oil refinery run by Petroleos Mexicanos (Pemex) in the eastern city of Minatitlan by the Gulf of Mexico, though there were no immediate reports of fatalities, Mexican media and authorities said. The blaze started on Wednesday afternoon, according to media reports, and Mexico's safety, energy and environment regulator ASEA said it was monitoring the situation.

Centre allows COVID-19 vaccination drives at workplaces from April 11

Union Health Ministry, in a letter to states and union territories, has suggested that COVID-19 vaccination sessions may be organised at government and private workplaces. Union Health Secretary Rajesh Bhushan asked additonal chief secretaries, principal secretaries and secretaries in health department of states and UTs to initiate due consultations with public and private sector employers and management to prepare for workplace coronavirus vaccination drives.

You can soon directly transfer money from one digital wallet to other

You will soon be able to directly transfer money from one digital wallet to other, irrespective of the service provider. The Reserve Bank of India (RBI) has proposed to make interoperability mandatory for full-KYC (know your customer) prepaid payment instruments (PPIs) and for all acceptance infrastructure.

COVID-19 vaccination: India surpasses US; 8.70 crore shots administered till yesterday

India has surpassed the US to become the fastest COVID-19 vaccinating country in the world with an average daily rate of 30,93,861 vaccine doses,the Union Health Ministry said on Wednesday. The cumulative number of COVID-19 vaccine doses administered in the country has crossed 8.70 crore.

New COVID strains suspected in Maharashtra, samples sent to NCDC: Rajesh Tope

New COVID-19 strains are suspected in Maharashtra as "some patients are showing behaviours other than routine ones," said state Health Minister Rajesh Tope while addressing a press conference over the COVID-19 situation in the state on Wednesday."National Institute of Virology (NIV) is doing genomic sequencing of our samples. It is sending its report to National Centre for Disease Control (NCDC)," said Tope.