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India needs prudent financial system capable to support growth momentum : Dr Rangarajan

Hyderabad, Oct 29 (UNI) India needs a prudent financial system capable of supporting the growth momentum, said DR C Rangarajan, Chancellor of The ICFAI Foundation for Higher Education (IFHE) and former Reserve Bank of India Governor.
In his presidential address at ninth N J Yasaswy Memorial Lecture on “India in the New World Order” organized virtually by ICFAI here on Wednesday night here, Dr Rangarajan, who is also former Chairman of Prime Minister's Economic Advisory Council, said: "India needs to get back to the high growth path through reforms that 1991 saw. Without being a strong economic power, it cannot become a strong political participant in this world."
While agreeing with many of the recommendations made by Prof Jagdish Sheth, The Charles H. Kellstadt Professor of Marketing, The Goizueta Business School, Emory University, Atlanta, USA , at the event, the former RBI governor said there’s a need to raise investment ratio and ensure financial system is prudent and capable of providing the wherewithal for the economy to grow.
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Arrangements for Covid vaccine distribution to 35,000 health care workers: EG Collector

02 Dec 2020 | 10:11 PM

Kakinada, Dec 2 (UNI) East Godavari Collector D Muralidhara Reddy has said that advance arrangements were being made to distribute Corona vaccine to 35,000 health care workers in the district during the first phase in accordance with the central governments standard action plan.

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Karnataka: Govt announces Rs 6 lakh compensation to each of the fishermen family died

02 Dec 2020 | 10:06 PM

Mangaluru, Dec 2 (UNI) The Karnataka government has released a compensation of Rs 6 lakh each to the families of the fishermen who lost their lives in the Shree Raksha fishing boat tragedy.

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Infosys Science Foundation award announced

02 Dec 2020 | 9:57 PM

Bengaluru, Dec 2 (UNI) The Infosys Science Foundation (ISF) today announced Infosys Prize 2020 in recognition of their outstanding contributions to science and research in a virtual awards ceremony held here .

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Two more fishermen bodies recovered

02 Dec 2020 | 9:18 PM

Mangaluru, Dec 2 (UNI) The bodies of two more fishermen, who went missing after 'Shree Raksha Purse' boat capsized off the Ullal coast, have been traced on Wednesday.

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Vigilance court extends remand period of Ebrahim Kunju for two weeks

02 Dec 2020 | 9:17 PM

(Rptg, correcting slug)
Kochi, Dec 02 (UNI) Vigilance court judge Jobin Sebastian on Wednesday issued an order extending the remand period of former minister V K Ebrahim Kunju who was arrested over Palarivattom flyover scam in judicial custody for the next two weeks.

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