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Massive fire breaks out in Delhi's Sanjay colony

New Delhi, Feb 07 (ANI): A massive fire broke out in Delhi on the morning of February 07. Incident took place in Sanjay Colony's Okhla Phase II area. Fire tenders rushed to the spot to douse off the fire. Fire fighting operation is underway. No casualties have been reported yet.

FAU-G now globally available on Google play store

New Delhi, Feb 07 (ANI): Online multiplayer action game 'FAU-G: Fearless and United Guards', which is the Indian alternative for PUB-G, has now released globally after launching in India on January 26, 2021. According to Mashable, the announcement was made by the games developer 'nCore Games' on Twitter where they stated, "FAU-G goes global #1 Free game FAU-G, proudly made in India, is now available worldwide". This means that now people outside of India would also be able to download the app on their Android smartphones. The game hasn't yet released for iOS smartphones and there's currently no information as to when it will be released for iOS users. FAU-G developers had also announced right after the game launch in India that FAU-G has become the top free game on Google Play. In fact, FAU-G reached five million downloads within 24 hours of its launch. As per Mashable, public reaction to the game has been mixed. Many have criticized the game for its basic storyline and features, while

Cuttack's forest officer felicitated with UN's Asia Environmental Enforcement Award

Bhubaneswar (Odisha), Feb 07 (ANI): Cuttack's forest officer Sasmita Lenka has been felicitated with UN's Asia Environmental Enforcement Award. Sasmita Lenka expressed her happiness over receiving the award as she has become the first from the state to receive it. Lenka said, "I am glad my work was noticed and I have been nominated for this prestigious award. No one has received it before from Odisha so I am feeling very happy and privileged. We have got this award for our work towards bursting rackets of Indian pangolin's trafficking. So far we have arrested 28 smugglers."

At 76.6%, Bihar on top in vaccinating healthcare workers: Govt

New Delhi, Feb 06 (ANI): Additional Secretary of Union Health Ministry, Manohar Agnani gave brief about states which have vaccinated over 60% of healthcare workers. He said, "Bihar 76.6%, MP 76.1%, Tripura 76%, U'khand 71.5%, Mizoram 69.7%, UP 69%, Kerala 68.1%, Odisha 67.6%, Rajasthan 67.3%, HP 66.8%, Lakshadweep 64.5%, Andaman 62.9%, Chhattisgarh 60.5%." Among above listed states, Bihar topped in vaccinating healthcare workers.

'Toolkit' shared by Greta Thunberg revealed a lot: EAM

Vijayawada (AP), Feb 06 (ANI): External Affairs Minister S. Jaishankar reacted on 'Toolkit', shared by climate activist Greta Thunberg, by saying "it has revealed a lot" and 'we have to wait and see what else comes out'. He asserted that there was a reason why Foreign Ministry reacted to statements which some celebrities gave out on matters on which they obviously didn't know very much.

Budget 2021 will be remembered in coming 5-10 years: EAM

Vijayawada (AP), Feb 06 (ANI): External Affairs Minister S. Jaishankar hailed the currently presented Union Budget and said that 5-10 years from now, people will remember 2021-2022 budget. "You will remember the budget, this vision of Atmanirbhar Bharat was made into a plan, presented to the country with the resources with the expenditure etc which will make Atma Nirbhar Bharat happen," he said.

In next 3 years, every house in MP to have taps, drinking water: CM Shivraj

Katni (Madhya Pradesh), Feb 06 (ANI): Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan inaugurated various development projects in Katni on February 06. While addressing the public, CM Chouhan said, "In next three years, there'll be taps and drinking water in every house. Poor will be provided with money to build pucca houses. About 3,25,000 Ayushman cards were made including free treatment upto Rs 5 lakh for needy."

BS Views of the Week: A post-contraction Budget with a difference

From the hits and misses of Finance Minister Nirmala Sitaraman's post-contraction Budget to why the Modi government has lost the battle on farm laws, here is what Business Standard columnists wrote this week.

RBI holds rates steady: Here are highlights from FY21's last MPC meeting

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. Business Standard's Shrimi Choudhary explains RBI policy announcements and its likely impact.

Retail Direct: RBI gives retail investors direct access to G-sec market

The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will join a select group of countries offering such facility to investors. The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI. This will allow such investors to open Gilt account with the apex bank.

RBI holds interest rates steady at record lows as economic outlook improves

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. The central bank said it will restore the cash-reserve ratio (CRR) to its normal levels in two phases, 3.5 per cent (from 3 per cent now) effective March 27, and then at 4 per cent from May.

RBI Monetary Policy: Resident individuals can make remittances to IFCs

RBI Monetary Policy: The Reserve Bank has announced that resident individuals can make remittances to international finance centres for purposes of investing in securities issued by non-resident companies. Watch the video.

HTM limits would be restored in a phased manner from quarter ending June 2023: RBI

SLR holdings in HTM category: The RBI said in order to provide certainty to the market participants in the context of the borrowing programme of the centre and states for 2021-22, it has now been decided to extend the dispensation of enhanced HTM of 22 percent up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022.

RBI Monetary Policy review press conference

Reserve Bank of India Monetary Policy review press conference headed by Governor Shaktikanta Das

Monetary Policy: RBI lowers inflation projection to 5.2% for Q4 FY21

The Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2%, saying it has returned within the 'tolerance band'. In its last monetary policy review of this fiscal, the RBI has decided to keep the key repo rate unchanged at 4 per cent with accommodative stance to ensure that inflation remains within the target, RBI Governor Shaktikanta Das said while unveiling the policy on Friday.

Projection of CPI inflation revised to 5.2% for Q4 of current financial year: RBI

Mumbai, Feb 05 (ANI): While addressing a virtual press conference in Mumbai on February 05, Reserve Bank of India (RBI) Governor Shaktikanta Das said, "Projection of CPI (consumer price index) inflation has been revised to 5.2% for Q4 of the current financial year."

School for classes 9th, 11th reopen in Delhi

New Delhi, Feb 05 (ANI): Schools for students of classes 9th to 11th reopened in the national capital on February 05. The schools followed COVID-19 guidelines amid pandemic fear. Students and teachers were allowed entry only after thermal screening. Students of classes 9th and 11th joined the school after a long gap of over 10 months. The government had resumed schools for classes 10th and 12th on January 18. All educational institutions were forced to shut down due to coronavirus pandemic.

RBI shall issue guidelines on outsourcing of digital payment, settlement related service

Mumbai, Feb 05 (ANI): While addressing a virtual press conference in Mumbai on February 05, Reserve Bank of India (RBI) Governor Shaktikanta Das said, "The resilience of digital payment ecosystem to operational risks needs to be constantly upgraded." "A potential area of operational risk is associated with outsourcing by payment system operators and participants of authorised payments systems," he added. "To manage the attendant risks in outsourcing and ensure that code of conduct adhered to while outsourcing payment and settlement related service, RBI shall issue guidelines on outsourcing of such services by these entities," RBI Governor further stated.

RBI Monetary Policy: Key highlights of Governor Shaktikanta Das's speech

The Reserve Bank of India (RBI) kept rates steady at record low levels as widely expected on Friday and reiterated that it will continue to support the recovering economy by ensuring ample rupee liquidity in the banking system. Here are the important announcements that RBI Governor Shaktikanta Das made during his policy speech.

COVID-19: Over 49 lakh vaccination registered in India

New Delhi, Feb 05 (ANI): As per the data released by Ministry of Health and Family Welfare (MoHFW), India on February 05 reported single-day spike of 12,408 new coronavirus cases in the last 24 hours. 120 deaths in the same period pushed the COVID-19 toll in the country to 1,54,823. India's confirmed cases of coronavirus stand at 1,08,02,591 which include 1,51,460 active infections. More than 1,04,96,308 people have recovered from the virus with 15,853 new discharges in last 24 hours. Till date the total vaccination is 49,59,445. According to Indian Council of Medical Research (ICMR), a total of 7,15,776 samples were tested on February 04. Cumulative samples tested for COVID-19 till February 04 are 19,99,31,795.