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Will try to keep soft interest rate regime as long as possible: SBI chief

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State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said. On the impact of the second wave of COVID-19 on non-performing assets of the bank, the SBI chief said that as the lockdown was not pan-India, one will have to wait and watch to assess its impact on the banking sector. Observing that multiple variables including inflation have a bearing on the interest rates, he said, “our effort…

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Indiana’s Sikh community honours victims of FedEx mass shooting

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Sikhs in the US state of Indiana have held a memorial service to honour the eight people, including four community members, who were killed in a mass shooting at a FedEx facility last month. Brandon Scott Hole, 19, a former worker at the Indianapolis FedEx facility, killed eight people on April 15 before killing himself. Four of those killed were Sikhs, including three women. The memorial service on Saturday was opened with ardaas, a Sikh prayer. We are so thankful to everyone who came together to attend and help put…

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Govt to set up temporary hospitals with 10,000 oxygenated beds near industrial units

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The government expects to make 10,000 oxygenated beds available in a short period of time by making temporary hospitals near industrial units which produce oxygen of requisite purity to boost the supply of the life-saving gas to fight COVID-19. Following multiple meetings held by Prime Minister Narendra Modi on Sunday to review the COVID-19 situation, a statement said the government HAS also explored the feasibility of conversion of existing nitrogen plants to produce oxygen, and various such potential industries where the existing nitrogen plants may be spared for production of…

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South Asians In UK At Greater Risk In Second Covid Wave: Study

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The study published in the medical journal Lancet accounted for a large number of explanatory variables such as household size, social factors and health conditions across all ethnic groups and at different stages of COVID-19, from testing to mortality. Minority ethnic groups in general and South Asians, in particular, had a higher risk of testing positive for SARS-CoV-2 and of COVID-19 related hospitalisations, intensive care (ICU) admissions and deaths during the second wave of the pandemic in the UK compared to the first, according to a new observational study of…

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Delhi Lockdown Extended By A Week As Daily Covid Cases Still Above 25,000

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The national capital has been under lockdown since April 19, as the AAP scrambles to contain a fresh wave of infections and a positivity rate that remains over 30 per cent The Covid lockdown in Delhi – due to end 5 am Monday – has been extended by a week, Chief Minister Arvind Kejriwal tweeted Saturday evening. The national capital has been under lockdown since April 19, as the ruling Aam Aadmi Party (AAP) scrambles to contain a fresh wave of infections and a positivity rate that remains over 30…

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IIT Delhi Researchers Have Designed New Drone, Smart Electric Vehicle Charger

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The schemes run by IIT Delhi’s IRD wing are known as Students Startup Action Programme and Discover and Learn (1-2-3-4). The two research schemes aim to encourage the students to transform knowledge into “tangible products” at an early stage of their career. The Indian Institute of Technology Delhi (IIT Delhi) has been running two internal research schemes for the students since 2016. The schemes run by the Institute’s Industrial Research and Development (IRD) wing are known as Students Startup Action Programme and Discover and Learn (1-2-3-4). The two research schemes…

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“Assam BJP, Allies Will Win 83 Seats”: State Party Chief Ahead Of Results

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Explaining the break-up of numbers, Mr Dass said the Asom Gana Parishad (AGP) will suffer reverses and will have to settle with just eight seats. The BJP will win 70 seats, he said, adding the United People’s Party Liberal (UPPL), another partner, will win five seats. The BJP, along with its alliance partners in Assam, will win 83 seats claimed its state party chief, Ranjeet Kumar Dass, on Friday, two days before the election results. The projection is far below the 100 seats the BJP claimed to win but comfortably…

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State Bank Of India Cuts Home Loan Interest Rates To 6.70%

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State Bank of India’s home loan interest rates now starts from 6.7 per cent for loans up to ₹ 30 lakh and 6.95 per cent for loans between ₹ 30 lakh and ₹ 75 lakh.The State Bank of India (SBI), the country’s largest lender reduced its interest rates on home loans from 6.95 per cent to 6.70 per cent, and women borrowers are eligible to receive a special concession of five basis points. In a statement released on Saturday, May 1, the State Bank of India said that the customers can also apply for a loan…

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IndiGo Extends Suspension Of Flights From Shillong Till May 15 Amid Covid

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The airline had earlier announced that it would suspend its operations from Shillong for eight days starting from April 23, an official said. Private carrier IndiGo has extended the suspension of its flight operations from the Shillong airport till May 15, an official said today. The airline had earlier announced that it would suspend its operations from Shillong for eight days starting from April 23, he said. “It is hereby informed that M/s Indigo Airlines @IndiGo6E has extended suspension of their #Shillong operations up to 15th May 2021,” the airport…

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NEWS CATEGORIES WORLD NEWS 

Japan To Send 300 Oxygen Concentrators, Ventilators To Help India Fight Covid

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“Japan stands with India, our friend and partner, in her efforts to fight against COVID-19 pandemic through this additional emergency assistance,” Japan’s foreign ministry said. Japan will provide 300 oxygen concentrators and as many ventilators to India as it stands with its “friend and partner” in its efforts to combat the unprecedented surge in the coronavirus cases, Japan’s Foreign Office said today. India today logged 3,86,452 new cases of coronavirus, the highest single-day rise so far, pushing the total tally of Covid cases to 1,87,62,976, while active cases crossed the…

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