SAURABH GARG
Govt mulls more frequent job data surveys
India's Ministry of Statistics and Programme Implementation (MoSPI) is considering increasing the frequency of the Periodic Labour Force Survey (PLFS) from quarterly urban unemployment data to monthly, and shifting the release of rural employment data from annual to quarterly. Officials are also discussing revising the base year for gross domestic product (GDP) and inflation. These efforts aim to leverage technology to enhance efficiency and reduce data lag, ensuring compliance with international standards.
Children hospital fire heart-rending, guilty won't be spared: Delhi CM Arvind Kejriwal
Delhi's Chief Minister Arvind Kejriwal has condemned a fire at a children's hospital in Shahdara, killing seven newborns. Health Minister Saurabh Bharadwaj has vowed strict punishment for those found guilty. The incident occurred at the Baby Care New Born Hospital, where twelve newborns were rescued, but seven died.
Delhi children's hospital fire: Saurabh Bharadwaj seeks 'immediate enquiry' into accident which took lives of 7 babies
A fire at a children's hospital in Delhi's Vivek Vihar resulted in the death of seven new born babies. Health Minister Saurabh Bharadwaj has requested a speedy enquiry into the incident and has directed officials to ensure free treatment for rescued children in the best private hospitals under the Farishtey scheme. He has also issued directions for speedy compensation to the families of deceased and injured children and to expedite the arrests of those running the hospital. Legal action is being taken against the hospital owner, Naveen Kichi.
Seven newborns die in Delhi hospital fire, several injured
Delhi Hospital Fire: At New Born Baby Care Hospital in Delhi's Vivek Vihar area, a massive fire broke out, claiming the lives of seven infants and leaving several injured. Eleven newborns were rescued, and the cause of the fire remains unknown. This unfortunate event adds to a day of tragedies, as earlier, 27 individuals lost their lives in a fire at a game zone in Gujarat's Rajkot city.
"Heart-rending": President Murmu expresses condolences on deaths of newborns at hospital in Delhi
President Droupadi Murmu and Delhi Chief Minister Arvind Kejriwal have expressed condolences after seven newborns died in a fire at New Born Baby Care Hospital in Vivek Vihar, Delhi. The incident has left 12 children rescued, with one already dead before the fire call was made. Six newborn babies died after the fire broke out, and five others were admitted to the hospital. The care centre owner, Naveen Kichi, is still absconding, and an FIR is being registered against him
How NRIs helping elevate India's realty play
According to developers and brokerage firms, the US, Singapore, the UAE, Australia and Saudi Arabia have emerged as big markets for them and they have dedicated teams to help buyers in selecting the projects. According to market sources, the country's biggest developer DLF in its last project Privana South in Gurugram, had achieved 25% share (about Rs 1,800 crore) in NRI sales. Overall, during fiscal year 2023-2024, sales from NRI investors surpassed Rs 3,400 crore for DLF, which is almost 20% of total sales.
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BIPAs vs FTAs: Balance of trade rests on finding an equitable equation
Both types of trade agreements have their merits and demerits. The government has to find the right mix to ensure investments that come into the country benefit the domestic economy in the long run.
NoBroker opens office in Dubai; aims to cater NRI demand
NoBroker, India's first proptech unicorn, has opened its office in Dubai, Business Bay. With this, the company aims to cater to the demand coming from the NRIs who are looking to purchase a property in India. NoBroker has been catering to NRI demand from international markets such as the UAE, Singapore, Australia, and the USA already.
Scale of digital public infrastructure staggering: UIDAI CEO Saurabh Garg
"When you consider any of the digital public infrastructure Aadhaar obviously being the foundational ID and therefore being basic to many of the others...We've seen between 2019 to 2022, a 100 per cent increase in the number of authentications that has been done, we've doubled it. And we reached a stage that we're doing around 70 to 80 million transactions per day," Garg said.
Aadhaar key ID layer for India-first innovations: UIDAI CEO Saurabh Garg
India has generated 133 crore Aadhaar IDs till date, he said while speaking at the week-long Digital Week hosted by MeitY (Ministry of Electronics and Information Technology).
Indian fintech market expected to reach USD 150 bn in valuation by 2025: MoS Finance
"A majority of the Indian fintech startups are not even a decade old, but the progress and growth shown by these firms has been exponential over the past few years. Indian fintech market is expected to reach USD 150 billion in valuation by 2025," the minister said.
Aadhaar-issuing body UIDAI open to looking at solutions on 'partial authentication': CEO Saurabh Garg
"We are also open to looking at what is called partial authentication. Some people might only want to verify the age, they are not looking at anything more than that. "These are things that we also want to get feedback from the industry...what is the kind of demand there is, and we can accordingly create...might be just the age you want to verify," CEO Saurabh Garg said.
Aadhaar looking to go global
UIDAI CEO Saurabh Garg during a panel discussion with Paytm founder Vijay Shekhar Sharma at the Infinity Forum said the authority is also exploring emerging technology to enhance security and increase the number of transactions that can be done by using Aadhaar.
UIDAI working with World Bank, UN to take Aadhaar tech overseas
UIDAI CEO Saurabh Garg also said the authority is forming an advisory board for different sectors for enrolments, authentication, customer relationship management, among others.
NoBroker turns unicorn after $210 million funding from Tiger Global, others
The capital raising was at a post-money valuation of $1.01 billion, making NoBroker India’s first property tech (proptech) unicorn, or those startups with a valuation of $1 billion or more.
UIDAI slashes Aadhaar authentication charge to Rs 3: CEO Saurabh Garg
"We have slashed the rate from Rs 20 per authentication to Rs 3 and the objective has been to ensure that different agencies, entities should be able to use the power of digital infrastructure which has been created by the state that needs to be used to provide people with ease of living with dignity," Garg said.
Volume of direct benefit transfers rises 37% to 3.9 lakh crore transaction so far this year: UIDAI CEO
The DBT transfers grew 37 per cent to 3.9 lakh crore transactions so far this year over the full year of 2020, Garg told an event organised by the Economic Times newspaper.
Why 2021 could be better year than 2020 for residential property market
Saurabh Garg, co-founder and chief business officer of NoBroker.com anticipates 2021 would be a better year than 2020 with regard to sales. He talks about changing buyers trend, the emergence of online property visit by home buyers and discounts offered by builders.
Property sales continue to witness high interest: Survey
NoBroker.com, a real estate portal, recently surveyed over 100 builders to map the latest property purchase trends and sentiments in India’s real estate space. According to the survey, 84% of the respondents affirmed that the second half of 2020 registered better sales figures than the same time period of the preceding year.
Saurabh Garg appointed UIDAI CEO, Sanjeev Kumar to be AAI chief
The Appointments Committee of the Cabinet has approved the appointment of Garg as the CEO, UIDAI in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry said. Sanjeev Kumar, a 1991 batch IAS officer of Maharashtra cadre, has been appointed as the Chairman, Airports Authority of India (AAI), it said.
Flipkart makes space at top, picks 5 Vice Presidents
E-tailer promotes senior executives ahead of company’s flagship Big Billion Days sale.
Walmart founder Sam Walton's 'Made in America' motivated Saurabh Garg to be an entrepreneur
The Nobroker co-founder's library is stocked with authors like Milan Kundera, Ruskin Bond & Paul Theroux.
RBI wants ARCs to pay cash to banks in exchange of bad loans
The RBI has mandated ARCs are to pay at least 15% in cash and the balance can be paid as security receipts that are redeemed over five to eight years.
Foodpanda India MD Rohit Chadda may step down or take different role
Foodpanda, which is active in 39 countries, faces increasing competition in India's food-ordering and delivery industry.
Over Rs 297 crore development fund released to Delhi MLAs in current financial year
Former chief minister and MLA of New Delhi area Arvind Kejriwal was given Rs 4.21 crore for the development of the area, out of the available 4.89 crore.
Delhi polls: Somnath Bharti among 22 candidates named in AAP's first list
AAP has not included any new face in the first list while fielding 11 other candidates who fought last Assembly elections but were defeated by a close margin.
First list of AAP candidates for Delhi assembly poll likely tomorrow
The first list of nearly 30 candidates of Aam Aadmi Party for proposed Delhi assembly elections is likely to be out tomorrow, party sources said.
With key men in place, Narendra Modi PMO gradually takes shape
The current secretary to the prime minister, R Ramanujam, retires next month, creating another high-level vacancy in the PMO.
Satyendra Kumar Jain: Architect-turned-minister
Jain, among six MLAs, has been chosen to be part of the cabinet headed by Arvind Kejriwal who has been sworn-in as the Chief Minister of Delhi.
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