Across Archives - Articles

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‘Conman’ Imran Khan deceived people in name of honesty: Pakistan PM Shehbaz Sharif

06-Aug-2022

Islamabad [Pakistan], August 6 (ANI): Calling former Prime Minister Imran Khan a "conman", Pakistani PM Shehbaz Sharif on Thursday said that the foreign funding verdict has busted Imran's claims and he has deceived people in the name of honesty and transparency.

06-Aug-2022 World

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CPI MP urges Union Minister Ashwini Vaishnaw to restore rail fare concession for senior citizens

23-May-2022

New Delhi, [India], May 23 (ANI): Communist Party of India (CPI) Rajya Sabha MP from Kerala Binoy Viswam urged Railway Minister Ashwini Vaishnaw to restore the concession in the Railways for senior citizens which remained suspended since the outbreak of the COVID-19 pandemic.

23-May-2022 National

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The Pandemic Has Accelerated Growth in the Digital Space Says Siddharth Mehta Former Director ILFS

30-Mar-2022

Mumbai Maharashtra India Business Wire India Siddharth Mehta ILFS Former Director and currently Founder and CIO of Bay Capital believes that Businesses will need to think digital if they are to compete and grow over the next decade Siddharth Mehta is very excited about investing in the Indian market rather than any other emerging and developed one Because India has seen a tremendous increase in the overall penetration of the internet owing to strong growth in low-cost smartphones a significant reduction in data prices the creation of an ecosystem of products and services driven by the governments digital initiatives and the development of low cost robust payment systems Today there are over 758 Mn internet users in India with 700 Mn smartphones In fact the average data consumption per user per month in India is the highest in the world at 135 GB and Indians spend almost 65 hours per day online Talking about its initiation towards being digital and its impact on the market is tremendous Over the course of the last decade India has laid down the digital infrastructure pipelines so much so that today Digital activity has become part of daily lives of over half the country and has enabled India to circumvent the challenges posed by its poor physical infrastructure Be it bank accounts KYCs daily transactions accessing government services education services and even COVID vaccinations all of this is now digitally led in India Just to put things in perspective India has the highest volume of real time payment transactions with over 25 Bn transactions in 2020 China was next at about 16 Bn transactions in 2020 In such a scenario it can be said that India is now on the path to becoming the largest digitize business hub in less than twenty years COVID-19 also plays an essential role to help India in rolling out the digitalization aspects It has acted as an accelerator for the adoption of the digital economy In every sector and in every business aspect digital activity has become extremely important and relevant as this was the only way for consumers to access products and services and for businesses to operate Pandemic has accelerated growth in the digital space Siddharth Mehta founder and CIO of Bay Capital said that The digital transformation of India is only just accelerating and we believe the internet economy could grow 10x in 10 years from here on to get to more than 800 billion resulting in many large businesses accreting significant shareholder wealth The nature and shape of the Indian economy and financial markets will be very different in 2030 than they are today Today the digital ecosystem has evolved and many segments have consolidated with clear leaders emerging Across the globe the nature of digital economy dictates that the consumer would tend to gravitate towards fewer platforms Within this leadership businesses will end up having far larger share of traffic revenue as well as profit pool Many large digital consumer tech companies are already profitable on EBITDA level and PAT profits look imminent Quite a few of these franchises plan to list in the next 12-24 months and will be very well sought after by public market investors due to the growth and profitability profile In the last 20 years technology has leapfrogged significantly and digital has become a part of our daily lives With each passing moment consumer awareness and dependence on internet is only increasing and this has led to rapid decline in customer acquisition costs and increased the overall Life Time Value of the customer for digital businesses The impact of this has not been lost on the overall investment community as well Focusing on investment opportunities in Indias internetdigital ecosystem as a result of digital transformation Siddharth Mehta of Bay Capital has stated that Yes indeed there are many outstanding businesses that have created tremendous scale and are seeing their paths to profitability getting accelerated We are particularly interested in those businesses that are solving uniquely Indian problems in uniquely Indian ways and those that are targeting the next billion internet users in India The initiative towards Digital activities of several investors such as Siddharth Mehta ILFS Former Director will change the overall scenario of digital transformation in business very dramatically in 3-5 years PWR PWR

30-Mar-2022 National

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Cabinet nod to continuation of scheme on atmospheric science programmes of Earth Sciences Ministry

24-Nov-2021

New Delhi [India], November 24 (ANI): The Cabinet Committee on Economic Affairs has given its approval for the continuation of the umbrella scheme 'Atmosphere and Climate Research-Modelling Observing Systems and Services (ACROSS)' along with its eight sub-schemes for five years 2021-2026 at an estimated cost of Rs 2,135 crore.

24-Nov-2021 National

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Cabinet approves continuation of ACROSS scheme for atmospheric science programmes for 5 years

24-Nov-2021

New Delhi Nov 24 PTI The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of umbrella scheme ACROSS for the next five years at an estimated cost of Rs 2135 croreThe Atmosphere Climate Research-Modelling Observing Systems Services ACROSS scheme is being implemented by the Ministry of Earth Sciences MoES through the India Meteorological Department National Centre for Medium Range Weather Forecasting Indian Institute of Tropical Meteorology and the Indian National Centre for Ocean Information ServicesACROSS pertains to the ministrys atmospheric science programmes and addresses different aspects of weather and climate servicesEach of these aspects is incorporated as eight sub-schemes under the umbrella scheme ACROSS and is implemented in an integrated manner through the four agenciesThe objective of the scheme is to provide improved weather climate ocean forecast and services and other hazard-related services to ensure transfer of commensurate benefits to the end-userPTI GVS IJT

24-Nov-2021 National

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Worsening drought affects 2.3 million people in Somalia

21-Nov-2021

With about 2.3 million people already suffering with serious water, food and pasture shortages in Somalia, a rapidly worsening drought could lead to an “extreme situation” by April next year.

The warning comes from the United Nations and the Somali Government. Climate projections show that the country is facing a fourth consecutive failed rainfall season. In a joint statement on Friday, the organizations said it is imperative to act now to prevent a slide into the kind of drought and even famine conditions experienced in previous years. So far, nearly 100,000 people, especially in central and southern areas, have abandoned their homes in search of food, water and pasture for their livestock. The lack of access to safe water and sanitation has also heightened the risk of water-borne diseases.

Humanitarian aid

Across the country, the number of people who need assistance and protection is forecast to rise by 30 per cent, from 5.9 million to about 7.7 million in 2022. Over 70 per cent of all Somalis live below the poverty line. UN Deputy Special Representative of the Secretary-General in the country, , said that “a severe storm is brewing in Somalia.” “Those affected have already endured decades of conflict, climatic shocks and disease outbreaks”, said Mr. Abdelmoula, who also acts as Resident and Humanitarian Coordinator. Local communities, the authorities and the UN are ramping up response to address these needs. But critical response sectors like water, sanitation and hygiene are only 20 per cent funded. With one month remaining in the year, the is only 66 per cent funded. In response, the UN Central Emergency Response Fund () is allocating $8 million and the Somalia Humanitarian Fund is making a reserve allocation of $6 million.

Growing risks

Somalia is on the frontline of climate change and has experienced more than 30 climate-related hazards since 1990, including 12 droughts and 19 floods. The frequency and severity of climate-related hazards is also increasing. The Federal Minister of Humanitarian Affairs and Disaster Management, Khadija Diriye, said that families are losing their livestock, a key source of livelihood, and may starve to death in the coming months. “I am particularly worried about children, women, the elderly and disabled people who continue to bear the brunt of Somalia’s humanitarian crisis”, she said.

21-Nov-2021 United Nations

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Worsening drought affects 2.3 million people in Somalia

21-Nov-2021

With about 2.3 million people already suffering with serious water, food and pasture shortages in Somalia, a rapidly worsening drought could lead to an “extreme situation” by April next year.

The warning comes from the United Nations and the Somali Government. Climate projections show that the country is facing a fourth consecutive failed rainfall season. In a joint statement on Friday, the organizations said it is imperative to act now to prevent a slide into the kind of drought and even famine conditions experienced in previous years. So far, nearly 100,000 people, especially in central and southern areas, have abandoned their homes in search of food, water and pasture for their livestock. The lack of access to safe water and sanitation has also heightened the risk of water-borne diseases.

Humanitarian aid

Across the country, the number of people who need assistance and protection is forecast to rise by 30 per cent, from 5.9 million to about 7.7 million in 2022. Over 70 per cent of all Somalis live below the poverty line. UN Deputy Special Representative of the Secretary-General in the country, , said that “a severe storm is brewing in Somalia.” “Those affected have already endured decades of conflict, climatic shocks and disease outbreaks”, said Mr. Abdelmoula, who also acts as Resident and Humanitarian Coordinator. Local communities, the authorities and the UN are ramping up response to address these needs. But critical response sectors like water, sanitation and hygiene are only 20 per cent funded. With one month remaining in the year, the is only 66 per cent funded. In response, the UN Central Emergency Response Fund () is allocating $8 million and the Somalia Humanitarian Fund is making a reserve allocation of $6 million.

Growing risks

Somalia is on the frontline of climate change and has experienced more than 30 climate-related hazards since 1990, including 12 droughts and 19 floods. The frequency and severity of climate-related hazards is also increasing. The Federal Minister of Humanitarian Affairs and Disaster Management, Khadija Diriye, said that families are losing their livestock, a key source of livelihood, and may starve to death in the coming months. “I am particularly worried about children, women, the elderly and disabled people who continue to bear the brunt of Somalia’s humanitarian crisis”, she said.

21-Nov-2021 United Nations

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Worsening drought affects 2.3 million people in Somalia

21-Nov-2021

With about 2.3 million people already suffering with serious water, food and pasture shortages in Somalia, a rapidly worsening drought could lead to an “extreme situation” by April next year.

The warning comes from the United Nations and the Somali Government. Climate projections show that the country is facing a fourth consecutive failed rainfall season. In a joint statement on Friday, the organizations said it is imperative to act now to prevent a slide into the kind of drought and even famine conditions experienced in previous years. So far, nearly 100,000 people, especially in central and southern areas, have abandoned their homes in search of food, water and pasture for their livestock. The lack of access to safe water and sanitation has also heightened the risk of water-borne diseases.

Humanitarian aid

Across the country, the number of people who need assistance and protection is forecast to rise by 30 per cent, from 5.9 million to about 7.7 million in 2022. Over 70 per cent of all Somalis live below the poverty line. UN Deputy Special Representative of the Secretary-General in the country, , said that “a severe storm is brewing in Somalia.” “Those affected have already endured decades of conflict, climatic shocks and disease outbreaks”, said Mr. Abdelmoula, who also acts as Resident and Humanitarian Coordinator. Local communities, the authorities and the UN are ramping up response to address these needs. But critical response sectors like water, sanitation and hygiene are only 20 per cent funded. With one month remaining in the year, the is only 66 per cent funded. In response, the UN Central Emergency Response Fund () is allocating $8 million and the Somalia Humanitarian Fund is making a reserve allocation of $6 million.

Growing risks

Somalia is on the frontline of climate change and has experienced more than 30 climate-related hazards since 1990, including 12 droughts and 19 floods. The frequency and severity of climate-related hazards is also increasing. The Federal Minister of Humanitarian Affairs and Disaster Management, Khadija Diriye, said that families are losing their livestock, a key source of livelihood, and may starve to death in the coming months. “I am particularly worried about children, women, the elderly and disabled people who continue to bear the brunt of Somalia’s humanitarian crisis”, she said.

21-Nov-2021 United Nations

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Worsening drought affects 2.3 million people in Somalia

21-Nov-2021

With about 2.3 million people already suffering with serious water, food and pasture shortages in Somalia, a rapidly worsening drought could lead to an “extreme situation” by April next year.

The warning comes from the United Nations and the Somali Government. Climate projections show that the country is facing a fourth consecutive failed rainfall season. In a joint statement on Friday, the organizations said it is imperative to act now to prevent a slide into the kind of drought and even famine conditions experienced in previous years. So far, nearly 100,000 people, especially in central and southern areas, have abandoned their homes in search of food, water and pasture for their livestock. The lack of access to safe water and sanitation has also heightened the risk of water-borne diseases.

Humanitarian aid

Across the country, the number of people who need assistance and protection is forecast to rise by 30 per cent, from 5.9 million to about 7.7 million in 2022. Over 70 per cent of all Somalis live below the poverty line. UN Deputy Special Representative of the Secretary-General in the country, , said that “a severe storm is brewing in Somalia.” “Those affected have already endured decades of conflict, climatic shocks and disease outbreaks”, said Mr. Abdelmoula, who also acts as Resident and Humanitarian Coordinator. Local communities, the authorities and the UN are ramping up response to address these needs. But critical response sectors like water, sanitation and hygiene are only 20 per cent funded. With one month remaining in the year, the is only 66 per cent funded. In response, the UN Central Emergency Response Fund () is allocating $8 million and the Somalia Humanitarian Fund is making a reserve allocation of $6 million.

Growing risks

Somalia is on the frontline of climate change and has experienced more than 30 climate-related hazards since 1990, including 12 droughts and 19 floods. The frequency and severity of climate-related hazards is also increasing. The Federal Minister of Humanitarian Affairs and Disaster Management, Khadija Diriye, said that families are losing their livestock, a key source of livelihood, and may starve to death in the coming months. “I am particularly worried about children, women, the elderly and disabled people who continue to bear the brunt of Somalia’s humanitarian crisis”, she said.

21-Nov-2021 United Nations

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Worsening drought affects 2.3 million people in Somalia

21-Nov-2021

With about 2.3 million people already suffering with serious water, food and pasture shortages in Somalia, a rapidly worsening drought could lead to an “extreme situation” by April next year.

The warning comes from the United Nations and the Somali Government. Climate projections show that the country is facing a fourth consecutive failed rainfall season. In a joint statement on Friday, the organizations said it is imperative to act now to prevent a slide into the kind of drought and even famine conditions experienced in previous years. So far, nearly 100,000 people, especially in central and southern areas, have abandoned their homes in search of food, water and pasture for their livestock. The lack of access to safe water and sanitation has also heightened the risk of water-borne diseases.

Humanitarian aid

Across the country, the number of people who need assistance and protection is forecast to rise by 30 per cent, from 5.9 million to about 7.7 million in 2022. Over 70 per cent of all Somalis live below the poverty line. UN Deputy Special Representative of the Secretary-General in the country, , said that “a severe storm is brewing in Somalia.” “Those affected have already endured decades of conflict, climatic shocks and disease outbreaks”, said Mr. Abdelmoula, who also acts as Resident and Humanitarian Coordinator. Local communities, the authorities and the UN are ramping up response to address these needs. But critical response sectors like water, sanitation and hygiene are only 20 per cent funded. With one month remaining in the year, the is only 66 per cent funded. In response, the UN Central Emergency Response Fund () is allocating $8 million and the Somalia Humanitarian Fund is making a reserve allocation of $6 million.

Growing risks

Somalia is on the frontline of climate change and has experienced more than 30 climate-related hazards since 1990, including 12 droughts and 19 floods. The frequency and severity of climate-related hazards is also increasing. The Federal Minister of Humanitarian Affairs and Disaster Management, Khadija Diriye, said that families are losing their livestock, a key source of livelihood, and may starve to death in the coming months. “I am particularly worried about children, women, the elderly and disabled people who continue to bear the brunt of Somalia’s humanitarian crisis”, she said.

21-Nov-2021 United Nations

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