-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees. “Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action,...
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‘Sewage treatment plant near Rushikulya will spell doom for Olive Ridleys’ -Hrusikesh Mohanty
-Down to Earth The construction of the proposed plant will also violate Coastal Regulation Zone norms Wildlife activists have expressed apprehension over the construction a sewage treatment plant at Palibandh, near the Rushikulya river estuary in Odisha’s Ganjam district, the site of India’s second-largest rookery of Olive Ridley turtles. The plant, if constructed, will spell doom for the turtles, the activists have warned. Every year, millions of Olive Ridleys gather on a five-km-long...
More »Pandemic Estimates of Orphaned, Abandoned Kids Keep Increasing
-TheCitizen.in At least 25,000 children lost their mother to covid in the past year An estimated 1.5 million children in 21 countries, including 119,000 in India, suffered the death of their primary or secondary caregiver between April 2020 and March 2021, according to a recent study. Published in the Lancet medical journal, the study titled ‘Global minimum estimates of children affected by COVID-19’ estimates that 25,500 children in India lost their mother to...
More »Is ethanol blending in petrol really green? -Jasleen Bhatti
-Down to Earth Aggressive sugarcane farming contaminates land, water The Union government intends to increase the amount of ethanol in the energy mix to lower the country’s dependence on imported oil and carbon footprint, as well as stabilise petrol prices. India currently blends about 8.5 per cent ethanol in petrol. The government is targeting a 10 per cent ethanol blend by 2022 and a 20 per cent blend (E20) by 2025. E20 can save...
More »Rumana Sultana tops HS exams in Bengal, scores 499 out of 500
-IANS/ Siasat.com Rumana had ranked fifth in the 2019 Madhyamik exams by securing 687 marks out of 700 Kolkata: Though the West Bengal Council for Higher Secondary Education (WBCHSE) — the board responsible for conducting Higher Secondary exams in the state — did not release any merit list because no formal exams were held this year owing to the Covid-19 pandemic, according to the marks scored by the students on the basis...
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