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Around The World

The UK out of trade chaos, but in pandemic chaos

After months-long uncertainty, Brexit UK and EU reached an arrangement, perhaps to save the entire Europe. Having lost all hopes of a decent trade deal with the European Union initially.Boris Johnson had a tough time until December 22. He was very upset on the day at a Press Conference. A day before a deal was Struck at Brussels. Had a trade deal between the UK and EU failed, the post-Brexit UK would have landed in chaos, which somehow Boris managed a sail-through the puzzle. After nine months of tough talks. a deal was concluded in a flurry of financial negotiations in Brussels, thanks to the melting of ice over the fishing issue that had stopped the progress of the negotiation. A day before Christmas. western newspapers reported that the UK and EU were “on the cusp of signing off the...

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Infrastructure

Rail Vikas Nigam: High-speed completion

In a record speed, RVNL completed Marathwada Rail Coach Factory Latur project. The Factory is expected to contribute significantly to the overall development of the region, heralding a modern industrial ecosystem around. Notwithstanding Covid- 19 related lockdowns and challenges. Indian Railways' PSIJ. Rail Vikas Nigam (RVNL) commissioned Marathwada Rail Coach Factory, Latur. Maharashtra. 25th December 2020. the Good Governance Day, with the production Of the first coach shell. The factory was commissioned only about two years ago. The project cost was 500 crore, besides the land cost of 120 crores, Marathwada Rail Coach Factory is going to significantly contribute to the overall development of this aspirational region of Maharashtra by heralding a modern industrial ecosystem. Thi...

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Around The World

$900 Billion US aid

Donald Trump signed the bill into law. Adults and children will get $60 each adding $300 to a Weekly unemployment payment for 11 weeks. Second-round US aid package is designed to cut the impact of the pandemic-led economic crises. The Senate of the United States of America approved $ 900 billion of relief for small businesses and households battered by the pandemic-induced lockdown. This emergency measure is expected to buoy the US through the difficult months ahead, reports a leading global business newspaper. The President signed the bill into law. Adults and children will get $600 each adding $300 to a weekly unemployment payment for 11 weeks. This is the second round of lockdown-impact relief payment. The new measure provisioned an additional $100 a week subsidy for workers who hav...

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Sajikumar Nair

Iconic figures stolen by parties

Legendary figures, who include iconic philosophers, social reformers, freedom-fighters and political and economic thinkers are prized-possessions of certain organizations. However, these icons had no ideological link with the organizations that made them as if their own. In that action, their heroes have been made villains for the rivals. It is astonishing to see, some venerable personalities of history are grabbed away by a section, making the rival keep a big distance from the otherwise upright legends.Perhaps none might have seen Gandhi Jayanti being celebrated by political parties other than the Congress at one point in time. Let us set aside the official national celebration. Mahatma Gandhi is always an apolitical figure but politicized by someone’s ownership claim. The rivals’ shynes

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Exclusive

Union Budget 2021-22

Important takeaways Through the budget proposal for the financial year 2021-22, the Union government has taken several measures to protect the weaker and vulnerable sections of the society, especially during the COVID-19 pandemic. The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said, within 48 hours of declaring a three-week-long complete lockdown, the Prime Minister announced the Pradhan Mantri Garib Kalyan Yojana (PMGKY). Valued at ₹ 2.76 trillion, the PMGKY provided free food grain to 800 million people, free cooking gas for 80 million families for months, and cash directly to over 400 million farmers, women, the elderly, the poor and the needy.In pursuance of the measures taken for the weaker sections, the Finance Minister announced that to further facilita

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Quotes

Amit Agarwal

The Union Budget 2021-22 was a balanced one with several encouraging proposals for the country’s real estate sector. For instance, the FM announced that more economic corridors are being planned to boost the development of roadways to improve inter- as well as intra-state connectivity. Plans were also announced to expand the metro coverage as part of additional budgetary allocation towards the development of infrastructure across India, with a special focus on developing Kochi Metro, Chennai Metro Phase 2, Bengaluru Phase 2A and B, Nashik and Nagpur Metros, among others. These proposals are bound to improve real estate projects in tier-2 and tier-3 regions by enabling a more seamless movement of people and resources to and from the urban centres. The FM has also promised to accelerate str...

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Quotes

Sunil Gupta

We welcome the Union Budget tabled by the Finance Minister, especially the announcement of voluntary scrapping policy. This comes in as a big support to automakers, who will benefit from this policy. Moreover, the proposal of personal vehicles older than 20 years and commercial vehicles older than 15 years to undergo a fitness test is indeed focused on phasing out older vehicles. It will in turn promote the use of more eco-friendly vehicles. The specifics of the policy will be announced by MoRTH in the days to come. The annual budget brings in good news for commercial vehicles as well with 18,000 crores to be allotted for procuring and maintaining 20,000 buses as well as the construction of road infra to support the sale of commercial vehicles. It is therefore the highest ever allocation ...

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BlogSajikumar Nair

Damn public health to serve vaccine makers’ interests?

Vaccine takers do not know they are inoculated with an inactive virus to make their body develop antibodies. That is a speculative hope. No anti-Covid-19 vaccine has been tested for ascertaining any possible long term circulatory health complications. The hurriedly developed anti-Corona-19 vaccine cannot assure long term safety. It can only create more business for the makers, perhaps with recommendations for more jabs and other preventive cares. The ploy only assures them potential future business. Drug multinationals have a history of selling toxic drugs to the third world with two intentions, creating more patients for their future business and ascertaining data from the trials on people who enjoy a free supply of medicines. Don't forget the Cutter's polio vaccine disaster. On 27th N...

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Insurance

ICICI Lombard’s Health Insurance with unique benefits

ICICI Lombard, one of India’s leading private sector non-life insurance companies, has launched ICICI Lombard Complete Health Insurance offering with new health plans and benefits. The plans – Health Shield, Health Shield Plus, Health Elite and Health Elite Plus, are loaded with the latest features and comprehensive coverage to provide enhanced protection to customers. Some of the newly introduced coverage benefits include donor expenses, domiciliary hospitalization, emergency assistance, worldwide cover, unlimited reset, air ambulance, super no claim bonus, sum insured protector and claim protector, cashless OPD services, among others. With this, ICICI Lombard is redefining the health insurance space introducing benefits that are aligned to the new normal and hence contextual to today’s n

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Real-Estate

Kalyan Developers’ luxury apartments

Kalyan Developers, a division of Kalyan Jewellers has launched three luxury apartment projects across Kerala in Calicut, Trivandrum and Thrissur.Kalyan Courtyard, in Chevayur is Kalyan's 1st project in Calicut. The project is a 21- storey-building with 94 apartments of 2& 3 BHK. It has luxurious amenities such as swimming pool, gym, multi-purpose hall, centralized gas supply, video door phone etc.Kalyan Divinity, the 15th project of Kalyan Developers is located at Sreevaraham in Trivandrum, very close to Sree Padmanabhaswamy temple and Sreevaraham Temple. Kalyan Divinity is a 10-storey building with 55 apartments of 2 & 3 BHK with luxurious amenities such as gym, games room, centralised gas supply, video door phone etc. The other projects of Kalyan in Trivandrum are Gateway (Venpal

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