-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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5-fold rise in Jharkhand rural beneficiaries -Animesh Bisoee
-The Telegraph A total of 16,71,724 rural families were provided livelihood by connecting them with Sakhi Mandals during the Covid pandemic between 2020 and 2021 Jamshedpur: There has been a five-fold increase in the number of rural families connected to livelihood projects of the Jharkhand government in the last three years of the Hemant Soren-led JMM-Congress-RJD alliance government. According to data shared by the state public relation department on Tuesday evening, between 2012...
More »India could experience heat waves beyond human survival limit: Report
-IndiaToday.in A report by the World Bank has stated that heat waves in India could break the human survivability limit in the coming years. India could experience intense heat waves that could break the human survivability limit, according to a World Bank report. The country has recorded several deaths due to intense heat waves over the last couple of decades. The World Bank report titled "Climate Investment Opportunities in India's Cooling Sector" said...
More »World Bank ups growth for this fiscal to 6.9 per cent
-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...
More »India to soon suffer heatwaves that break human survivability limit: World Bank report -Sayantani Biswas
-Livemint.com A report shows that lost labor from rising heat and humidity could put up to 4.5% of India's GDP –approximately $150-250 billion – at risk by the end of this decade. A report by World Bank has a ominous warning for India and it only spells doom, as the report has stated that India will soon be one of the first countries that will experience severe heatwaves that will break the...
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