Author: Editor's Desk, Tattva News

Prime Minister Narendra Modi interacted with the Indian contingent bound for the Commonwealth Games (CWG) 2022 on Wednesday via video conferencing. The interaction was attended by both athletes as well as their coaches. Union Minister for Youth Affairs & Sports and Information & Broadcasting Anurag Singh Thakur and Secretary for Sports were also present. Prime Minister wished the Indian contingent for Commonwealth Games on International Chess day. The Chess Olympiad is also taking place from 28 July in Tamil Nadu. He wished them for making India proud, as their predecessors did before. He informed that more than 65 athletes are…

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NITI Aayog’s reportmakes a case and offers a template and roadmap for a licensing and regulatory regime for digital banks. It focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors. The report was released today by NITI Aayog Vice Chairman Suman Bery and CEO Parameswaran Iyer and Senior Adviser Anna Roy, in the presence of other officials. ‘Given the need for leveraging technology effectively to cater to the needs of banking in India, this report studies the prevailing gaps, the niches that remain underserved, and the global regulatory best…

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During the calendar year 2021, India saw a six-fold increase in foreign direct investment (FDI) equity inflow, amounting to US$ 343.64 million, compared to the same period the previous year. In the R&D sector, FDI is allowed on a 100% automatic route, subject to any applicable laws, rules, and security. Strong FDI inflows in the R&D sector are crucial for the growth of a knowledge-based economy, paving the way for higher economic growth. In terms of FDI equity in R&D in 2021, Karnataka was the top recipient state. Telangana and Haryana were the next states after Karnataka. Flows into Karnataka…

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According to a study conducted by SBI research, incomes of farmers have doubled for certain crops in some states from 2017-18 to 2021-22. The study found that the incomes of cotton and soybean farmers in Karnataka and Maharashtra, respectively, doubled over the study period while it increased by 1.3-1.7x for all other cases. While peanut farmers in Gujarat saw a 1.5x increase in income, wheat farmers in Rajasthan saw a 1.3x increase. In order to achieve the government’s target to double farmers’ income by 2022-23, the government has announced a plethora of measures like an increase in MSP, crop insurance, focus on kisan…

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The Ethiopian authorities must urgently launch an impartial investigation into the summary killing of over 400 Amhara residents of Tole Kebele in Oromia region on 18 June, Amnesty International said today. Hundreds of people were killed and scores injured in an attack that survivors and victims’ family members say was committed by the Oromo Liberation Army (OLA). The organization interviewed 10 people, including five eyewitnesses as well as survivors, victims’ family members and a local official. Interviewees consistently recounted summary killings, burning of homes and looting. Satellite imagery analysis by the organization’s Crisis Evidence Lab also corroborates claims that fires…

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Ukraine’s Parliament has passed two bills that obliterate workers’ rights to collective bargaining and other fundamental labour protections, and allow employers to put up to 10% of their workforce on “zero hour” contracts leaving them without any control over their working lives. If signed by President Volodimir Zelenskyy, the bills will become law. The International Trade Union Confederation (ITUC) Ukraine affiliates FPU and KVPU have condemned the moves. Two further draft bills have moved forward the possible confiscation of properties owned by the FPU union centre, which have housed some 300,000 internally displaced persons and continue to provide hubs for accommodation…

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Eight months after farmers ended their protest at the borders of Delhi after forcing repeal of the new farm laws, the Center notified a 29-member- committee to “promote zero-budget based farming” and to make the minimum support price (MSP) more “effective and transparent”. The terms of reference of the committee, do not, however, mention any legal guarantee on MSP, one of the key demands of the Sanyukta Kisan Morcha of farmer unions that spearheaded the protest. The panel is headed by former agriculture secretary Sanjay Agarwal. As promised to the Samyukta Kisan Morcha (SKM) that spearheaded the protests against the…

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The Reserve Bank of India (RBI) is optimistic that the Indian economy is resilient and is on target to become the fastest growing economy in the world despite concerns that global economies could enter a recession. According to the note, amid weak global cues and high-risk aversion in financial markets that are driving away portfolio investors, the Indian economy has been demonstrating signs of resilience and dynamism. According to the RBI, the US dollar’s unwavering strength is bringing down all currencies. According to the note, the Indian economy has been showing signs of resilience and dynamism despite weak global cues…

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The Supreme Court has granted an interim relief to former Bharatiya Janata Party (BJP) Spokesperson Nupur Sharma on Tuesday, directing that no coercive steps be taken against her in connection with the multiple First Information Reports (FIR) registered against her in different states over her remarks about Prophet Mohammed. Sharma had made the offensive remarks during a national television debate show that aired on Times Now on May 26. The Court stated that the same relief will cover any future FIR or complaint which may be registered or entertained against her with respect to the same telecast. The same bench…

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Under the ‘Ek Bharat, Shreshtha Bharat’ programme, students of both the states of Telangana and Haryana are visiting each other’s states for the exchange and learning about the culture, cuisine and lifestyle. In this connection, a group of students from Telangana reached a private university in Faridabad today to know about Haryana. This team is on a five-day tour of Haryana state. The President of All India Council for Technical Education and other officials explained the merits of the ‘Ek Bharat, Shrestha Bharat’ programme to these students through video conferencing. University’s Vice-Chancellor Sanjay Srivastava said that under the ‘Ek Bharat…

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