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Reopening of schools a relief in rural areas of Maharashtra, feel teachers
Shrimant Jadhav, Headmaster, Zilla Parishad School, Dighol Deshpande village, said online education was an alternative option but the mode has failed in rural areas.
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Delhi-NCR has maximum stuck housing units at 1.9 lakh worth nearly Rs 1.2 lakh cr: Report
New Delhi: The Delhi-NCR property market has maximum stuck housing units at 1.9 lakh, worth nearly Rs 1.2 lakh crore, that were delayed by at least seven years, according to property consultant Anarock. A total of 1,90,120 housing units, worth Rs 1,19,291 crore, were stuck in the Delhi-NCR as of 2020-end. These flats were launched […]
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Odisha CM Naveen Patnaik urges ministers, High Court judges to adopt schools
Bhubaneswar: Chief Minister Naveen Patnaik Monday urged Orissa High Court judges, two Union ministers from the state and all ministers, MLAs and MPs of Odisha to adopt government schools under the ‘Mo School’ initiative. In a letter to the elected representatives and judges, Patnaik advised them to adopt the schools in which they had studied […]
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Reserve Bank of India stumbles on 1,000 illegal mobile lending apps
The working group formed by the Reserve Bank of India (RBI) to study aspects of digital lending activities by regulated as well as un-regulated players, has listed out over 1,000 illegal mobile lending apps that are busy wooing hapless customers stuck in urgent need of cash. “We do not know how many mobile app-based lending companies are […]
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ESIC scheme adds 9.33 lakh new members in November
New Delhi: Around 9.33 lakh new members joined the ESIC-run social security scheme in November against 11.99 lakh in the previous month. The latest data is part of a report released by the National Statistical Office (NSO). Gross new enrolments with the Employees’ State Insurance Corporation (ESIC) were 8.87 lakh in June, 4.89 lakh in […]
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Want to invest in equities? Amisha Vora of Prabhudas Lilladher has this to say
Last year was an unprecedented year in many ways with the NSE Nifty first nosediving to the lows of 7,500 and then registering a dramatic recovery. The rally, which extended to the New Year, is showing the first signs of fatigue, according to some experts. So, should you pull out your profits or is there […]
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Avanti Finance secures Rs 15 crore from Dell Foundation, to provide affordable loans to small businesses
Mumbai: Avanti Finance, an NBFC founded by Ratan Tata, Vijay Kelkar and Nandan Nilekani, has tied up with the Michael & Susan Dell Foundation to provide affordable loans to the pandemic-hit small businesses. Under the collaboration, the Dell Foundation will provide low-cost Rs 15 crore debt to Avanti, which the NBFC will use to provide […]
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Moves in poll-bound Assam may spike asset-quality pain for sector: Crisil
Kolkata: A Bill passed by the Assam assembly to control the microfinance industry in the state has the potential to increase asset-quality challenges for the sector, according to rating agency Crisil. On top of that, if any loan waiver scheme was announced, it would make matters worse due to the potential impact of the moves […]
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Reserve Bank of India refutes reports of withdrawal of old Rs 100, Rs 10 and Rs 5 notes
Mumbai: The Reserve Bank of India (RBI) has refuted reports of withdrawal of old series of Rs 100, Rs 10 and Rs 5 currency notes. “With regard to reports in certain sections of media on withdrawal of old series of Rs 100, Rs 10 & Rs 5 banknotes from circulation in near future, it is […]
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Cyber security, COVID-19 and you
The financial services sector is being increasingly targeted by cybercriminals, especially after the the coronavirus outbreak. Can anyone of us put our phones down for even a day? The clear answer is no. We are facing more and more destructive malware attacks due to an ever increasing dependency on artificial intelligence. Cyberattacks are now going […]
