-The Telegraph Many experts, including former RBI governor D Subbarao, have flagged concerns over the privacy aspect of CBDC Mumbai: The RBI on Wednesday said the central bank digital currency (CBDC) will remain anonymous and regulations that are applicable to paper currency will prevail on the e-rupee. Earlier this month, the RBI had begun a pilot for the retail digital rupee after it launched another project for wholesale digital rupee among financial institutions. Many...
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Unemployment rate rises to three-month high at 8 per cent in November: CMIE
-PTI/ The Telegraph Among the states, Haryana continued to have the highest unemployment rate in the country Mumbai: The country's unemployment rate rose to a three-month high at 8 per cent during November, according to data by the Centre for Monitoring Indian Economy (CMIE). The unemployment rate in urban India was higher at 8.96 per cent, while in rural areas, it was at 7.55 per cent, the CMIE data showed on Thursday. In October...
More »India shows progress on maternal mortality -GS Mudur
-The Telegraph Eight states are now past a target set by the United Nations for 2030 New Delhi: India’s maternal mortality ratio has for the first time dropped below 100 per 100,000 live births, in line with a steady decline over the past two decades. Eight states are now past a target set by the United Nations for 2030. The country’s maternal mortality ratio declined to 97 during the period 2018-2020 from 113 during 2016- 18...
More »Maharashtra FDA recalls batch of anti-anaemic medicine after alleged cases of adverse reactions
-Scroll.in One persons died in Mumbai after allegedly being administered with Orofer FCM. The Maharashtra Food and Drug Administration has announced that it will recall a batch of anti-anaemic medicine Orofer FCM after noting multiple incidents of alleged adverse reaction, including the suspected death of a 55-year-old man in Mumbai in September. Orofer FCM is manufactured by Pune-based Emcure Pharmaceuticals, which supplies medicines to 70 countries. It is administered in the form of...
More »RBI concerned about slow deposit growth -Falaknaaz Syed
-Deccan Chronicle Mumbai: The Reserve Bank Of India is concerned about the slow deposit growth and how banks would support double-digit credit growth amidst tightening liquidity. The issue was discussed on Wednesday when RBI governor Shaktikanta Das met managing directors and chief executive officers of public sector banks and key private sector banks. A banker who attended the meeting said, "It was a routine meeting that takes place half yearly. We discussed...
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