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World Bank approves $500mn program to protect India’s informal sector workers

TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks.  Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...

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Satya Nadella appointed as Microsoft Chairman

NEW YORK, JUNE 17           Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman.            “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...

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Cabinet nod for MoU between ICAI and Qatar Financial Centre Authority

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

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European Council leaders for further strengthening India-EU Strategic Partnership

TBB BUREAU NEW DELHI, MAY 8, 2021 The leaders of the European Council on Saturday expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. During the India-EU Leaders’ Meeting held in a hybrid format, the leaders exchanged views on three key thematic areas — foreign ...

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UK to send 1,000 more ventilators ahead of Modi-Johnson virtual talks on Tuesday

TBB BUREAU BHUBANESWAR, MAY 3, 2021 The British government will send 1,000 more ventilators from its surplus supply to Indian hospitals. This will be in addition to 200 ventilators, 495 oxygen concentrators and three oxygen generation units the UK has announced as part of its assistance package last week. Apart from providing medical supplies, England’s Chief Medical Officer Chris Whitty ...

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UK sends oxygen factories to help India in fight against Covid-19

TBB BUREAU BHUBANESWAR, APRIL 29, 2021 At a time when India is facing an acute shortage of oxygen supply amid a surge in Covid-19 cases, the United Kingdom has sent more vital oxygen equipment to India in support of the country’s fight against COVID-19. Three oxygen generation units have been sent from surplus stocks in Northern Ireland to support India ...

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