Bhubaneswar, Nov 1 (IANS): Odisha Chief Minister Naveen Patnaik wrote to Prime Minister Narendra Modi on Monday drawing his attention for timely release of Rs 1,088.72 crore fund pending under the MGNREGS for the state.
In his letter, Patnaik said Rs 377.91 crore as wage component and Rs 710.81 crore as material component is pending under MGNREGS for Odisha.
"Timely payment of wages to the poor jobseekers is the fundamental guarantee under the MGNREG Act. Similarly, timely release of payment for material is critical for creation of tangible and durable assets under MGNREGS," he said.
The Chief Minister urged Modi to advise the ministry of rural development for timely release of funds for wage and material payment under MGNREGS.
He also drew the attention of the Prime Minister that a significant number of returnee migrants has stayed back due to reduced level of economic activities during the Covid pandemic. This has led to demand for wage employment under MGNREGS in villages.
Therefore, Patnaik requested PM Modi to enhance the labour budget of Odisha under MGNREGS to 25 crore person days for the current financial year, 2021-22.
PM Narendra Modi, US President Joe Biden and other world leaders arrive at venue for COP26 World Leaders' Summit in Glasgow, Scotland.
Mumbai, Nov 1 (PTI): The rupee pared its initial losses to settle almost flat at 74.87 against the US dollar on Monday as heavy FPI inflows into IPOs were offset by a stronger greenback in overseas markets and firm crude oil prices.
A strong rally in the domestic equity markets helped the local unit pare losses.
At the interbank foreign exchange market, the domestic unit opened on a weak note and slipped below the 75 per dollar mark due to sharp gains in the dollar index.
The rupee touched a low of 75.04 and a high of 74.84 during the day before closing at 74.87, up 1 paisa from its last close. On Friday, the rupee had closed at 74.88 against the US dollar.
According to Sriram Iyer, Senior Research Analyst at Reliance Securities, the rupee ended flat against the US dollar as foreign fund inflows into local IPOs offset the impact of a broad dollar strength.
Markets were range bound ahead of the Federal Reserve meeting this week.
"A taper announcement by the US Federal Reserve appears certain but investors will look for cues from details about the reduction of the asset purchases," Iyer said.
In the overseas markets, most other Asian and emerging market currencies had come under pressure earlier in the session, following a jump in the dollar index on Friday and this Monday afternoon in the European session.
"Rupee traded in a range as dollar index and crude prices traded flat, eyeing the US Fed's statement on tapering updates which would give further direction to dollar prices and related currencies," Jateen Trivedi, Senior Research Analyst at LKP Securities said, adding "going ahead, rupee can be seen in a range of 74.75-75.25".
"The USDINR spot closed flat as heavy FPI flows into the IPOs were offset by rising US Dollar Index and suspected RBI intervention. USDINR is expected to remain range bound in a holiday-shortened week," said Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 94.14.
On the domestic equity market front, the BSE Sensex settled 831.53 points or 1.40 per cent higher at 60,138.46, while the NSE Nifty closed 258.00 points or 1.46 per cent higher at 17,929.65.
Moreover, foreign institutional investors were net sellers in the capital market on Friday as they offloaded shares worth Rs 5,142.63 crore, as per exchange data.
Brent crude futures, the global oil benchmark, advanced 0.81 per cent to USD 84.40 per barrel.
Union Minister for Coal, Mines Pralhad Joshi urged Coal India Ltd (CIL) and its subsidiaries to make all-out efforts to ensure at least 18 days’ coal stock with thermal power plants by November end this year: Ministry of Coal
Dr Manmohan Singh has come home & is recovering from Dengue. We'd like to convey our special thanks to all doctors, nurses and support staff of AIIMS &numerous well-wishers for their whole-hearted support & hard work for his speedy recovery: Gursharan Kaur, wife of ex-PM Dr Manmohan Singh
Former Maharashtra home minister Anil Deshmukh, who skipped five Enforcement Directorate summons in the past, finally appeared before the agency here on Monday for questioning in a money laundering case registered against him and others, officials said.
He arrived at the agency office in the Ballard Estate area of south Mumbai around 11:40 AM accompanied by his lawyer and his associates.
Deshmukh, 71, appeared before the agency but after the Bombay High Court last week refused to quash these summons.
Officials said the federal probe agency will record the statement of the NCP leader under the Prevention of Money Laundering Act (PMLA) in connection with the criminal investigation being carried out by it in the alleged Rs 100 crore bribery-cum-extortion racket in the Maharashtra Police establishment that led to Deshmukh's resignation in April.
Australian Government recognises Bharat Biotech's Covaxin for the purpose of establishing a traveller's vaccination status: Australia’s High Commissioner to India, Barry O’Farrell AO
Union Ministry of Health is monitoring Dengue cases in Delhi & other States closely. An expert team will do detailed planning with the Delhi Government to monitor the dengue cases, awareness campaigns will also be run in schools. Necessary speed testing will be conducted: Sources said to ANI
One person has been arrested for possession & sale of banned firecrackers. Over 80 kgs of banned firecrackers were recovered from his possession by a team of Nangloi Police Station and Special Staff, Outer District: Delhi Police
Union Health Minister Mansukh Mandaviya will hold a meeting with the Delhi government today to review the dengue situation in the national capital and discuss ways on how the Centre can assist in curbing the surge in cases.
"Dengue has witnessed a surge in dengue cases and Health Minister Mansukh Mandaviya will review the situation with the Delhi government and also provide assistance in curbing the rise in cases," an official source said.
Officials from the National Centre for Disease Control and National Vector Borne Disease Control Programme will also be present in the meeting.
The national capital has seen a surge in dengue cases.
Delhi has reported over 1,000 cases of dengue this year, with more than 280 cases logged in the last week, according to a civic report released on Monday last week.
Of the total number of dengue cases this season, 665 were recorded in the first 23 days of this month alone.
The city recorded its first death due to the vector-borne disease this season on October 18.
LPG prices for commercial cylinders increased by Rs 266 from today onwards. Commercial cylinders of the 19 kg in Delhi will cost Rs 2000.50 from today onwards which was costing Rs 1734 earlier. No increase in domestic LPG cylinders.
Price of petrol & diesel in Delhi at Rs 109.69 per litre (up by Rs 0.35) & Rs 98.42 per litre (up by Rs 0.35) respectively today Petrol & diesel prices per litre-Rs 115.50 & Rs 106.62 in Mumbai Rs 110.15 & Rs 101.56 in Kolkata; Rs 106.35 & Rs 102.59 in Chennai respectively.
Prime Minister Narendra Modi on Sunday arrived in Glasgow for the COP26 climate summit and bilateral talks with British Prime Minister Boris Johnson on the sidelines of the United Nations (UN) meet. “Landed in Glasgow.
Breaking News HIGHLIGHTS, November 1, 2021: Hello and Welcome to ABP News LIVE Blog! After concluding the G20 summit in Rome, Prime Minister Narendra Modi is headed towards Glasgow where he will hold a series of meeting in Glasgow, Scotland on November 1.
Modi will be on a two-day visit-- November 1 and November 2 -- in Glasgow, where he will meet UK Prime Minister Boris Johnson and discuss bilateral ties.
The 26th Conference of parties to the United Nations Framework Convention on Climate Change (UNFCCC) kicked off on Sunday in Scotland's Glasgow and will conclude on November 12.
"Landed in Glasgow. Will be joining the @COP26 Summit, where I look forward to working with other world leaders on mitigating climate change and articulating India’s efforts in this regard," said PM Modi in a tweet.
Earlier this month, Environment Minister Bhupender Yadav had announced that PM Modi will attend the UN climate summit in Glasgow, in a boost for global efforts for steeper emission cuts to fight global warming.
US biotech firm Moderna said Sunday that American officials have delayed approving its COVID-19 vaccine for teenagers to allow more time to better assess the potential risk of developing myocarditis, or heart inflammation.
The US Food and Drug Administration (FDA) on Friday "informed Moderna that the agency requires additional time to evaluate recent international analyses of the risk of myocarditis after vaccination," the biotech company said Sunday in a statement.
The evaluation on whether to recommend Moderna's vaccine for 12- to 17-year-olds could last until January 2022, the company said.
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