To take business reforms to states, the industry department has been ranking states starting 2016 on the basis of regulatory compliance requirements. (Bloomberg)
To take business reforms to states, the industry department has been ranking states starting 2016 on the basis of regulatory compliance requirements. (Bloomberg)

Companies still see red on  red  tape

  • While an average enterprise has to adhere to 25,537 central compliances, it has to abide by 69,233 compliances if it were to operate in all the states
  • India climbed 14 rungs in the World Bank’s ease of doing business rankings last year to 63 among 190 countries

Aurangabad is one of India’s major automotive hubs. (Ramesh Pathania/Mint)

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Hospitals are rejecting the cashless claim facility offered by insurers. (AFP)
Sapre says shorter duration FT schemes will be able to return monies to investors faster.
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A file photo of students and pedestrians at Harvard University. (Reuters)

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A logo is pictured on the World Health Organization (WHO) headquarters in Geneva, Switzerland (Reuters)
India and China comprise a lion share of foreign students in the US (Bloomberg)
Adar Poonawalla, CEO of Serum Institute of India (Photo: Mint)
Photo: HT
Brazil's President Jair Bolsonaro  (Reuters)
Brazil's President Jair Bolsonaro (Reuters)

Brazil's President Jair Bolsonaro tests positive for coronavirus

  • More than 65,000 Brazilians have so far died from COVID-19 and more than 1,500,000 have been infected
  • Brazil's president was in India during the country's Republic Day celebrations and he visited Akshardham temple in Delhi during his stay

The ultrastructural morphology exhibited by the 2019 novel coronavirus (Reuters)
The ultrastructural morphology exhibited by the 2019 novel coronavirus (Reuters)

WHO acknowledges 'evidence emerging' of airborne spread of Covid-19

  • WHO has previously said COVID-19 respiratory disease spreads primarily through small droplets expelled from nose and mouth of an infected person that quickly sink to ground
  • 239 scientists in 32 countries outlined evidence that they say shows floating virus particles can infect people who breathe them in

(Photo: Reuters)
Over 250,000 Indian students will now have to decide whether they will attend in-person classes in the middle of a pandemic or study online while sitting in their home country (Photo: AP)
BSE Sensex rose 187 points to 36,674.52
The ICMR has selected 12 institutes to conduct these trials, including AIIMS in Delhi and Patna (Twitter/@BharatBiotech )
The ICMR has selected 12 institutes to conduct these trials, including AIIMS in Delhi and Patna (Twitter/@BharatBiotech )

Coronavirus vaccine: Human trial process starts at Hyderabad's NIMS

  • Hyderabad’s Nizam’s Institute of Medical Sciences was one of the trial sites that received the ICMR’s letter
  • Last week, the drug regulator recently granted permission to initiate Phase I & II human clinical trials for COVID-19 Vaccine Covaxin

Union Finance Minister Nirmala Sitharaman during a meeting with secretaries and CMDs of 23 CPSEs via video conferencing (PTI)
In India, in June alone, the National Commission for Women received 2,043 complaints of crimes against women, the highest in the last eight months
Companies across the world are racing to develop a vaccine for coronavirus, including those in India. (Photo: Twitter@BharatBiotech)
The bank's head office is in Basavanagudi, and branches at Kanakapura Road, Poorna Prajna Layout, Kengeri, Raja Rajeshwari Nagar, Vidyaranyapura, BTM Layout and Rajainagar in Bengaluru
The bank's head office is in Basavanagudi, and branches at Kanakapura Road, Poorna Prajna Layout, Kengeri, Raja Rajeshwari Nagar, Vidyaranyapura, BTM Layout and Rajainagar in Bengaluru

Former CEO of Bengaluru-based co-operative bank found dead; cops suspect suicide

  • Police suspect that Vasudeva Maiya, who was found dead in his car on Monday night, may have committed suicide by consuming poison
  • Guru Raghavendra Sahakara Bank has been under RBI lens since January 2020 owing to alleged misappropriation of deposits to the tune of 1,400 cr

ECLGS provides an incentive to banks and non-bank lenders to offer additional funding facility to small borrowers by providing them 100% guarantee for any losses suffered by the lenders due to any default.
ECLGS provides an incentive to banks and non-bank lenders to offer additional funding facility to small borrowers by providing them 100% guarantee for any losses suffered by the lenders due to any default.

Banks disburse 49% of loans approved under emergency credit guarantee scheme

  • 16 private sector lenders have sanctioned 65,863.63 crore, out of which 35,757 crore has been disbursed
  • In case of the 12 state-owned banks, 20,515 or 42% of credit sanctioned has been disbursed

The Modi government has speeded up the process of infrastructure construction along the border. (Photo: Ramesh Pathania/Mint)
The Modi government has speeded up the process of infrastructure construction along the border. (Photo: Ramesh Pathania/Mint)

India to continue with infrastructure upgrade along the border

Last month, the home ministry had reviewed progress of the construction of more than 30 roads along the LAC, underlining the government's resolve to upgrade roads in the region despite objections from China

IAF's  Apache attack helicopter (ANI)
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