News Dabba 28 July: 5 stories across the web for a balanced news diet
Here are the daily updates that the internet is talking about through various news websites.
Anushka Vani brings you the daily updates that the internet is talking about through various news websites. Here's a glance through some of the National and International news updates, from prepaid health cards for the middle segment, apology issued for ‘Rashtrapatani’ remarks, an indepth look at ED cases and convictions, Russia to capture Ukraine’s second biggest power plant, to Powell talks about the Fed reserve hikes.
ThePrint’s report on health talks about prepaid health cards targets missing the middle segment
ThePrint in today’s health report said that the health finance for India is “missing middle”, the segment of population that is too rich to be covered by government health insurance and too poor to buy private insurance. This is seen as one of the most stubborn healthcare problems in India. A three-year old Mumbai based fintech company QubeHealth has set out to change this situation with their prepaid health card. With the prepaid card individuals can pay use the card to pay at point-of-sale machines, just like a credit card but it can only be used at healthcare facilities and pharmacies, says the report. Read the full report on ThePrint.
NDTV reports on Congress leader Adhir Ranjan's apology
NDTV has reported that the Bhartiya Janata Party (BJP) has demanded an applogy from Sonia Gandhi after her party leader Adhir Ranjan Chowdhury called Droupadi Murmu, “Rashtrapatni”. BJP has accused the Congress party of demeaning President Murmu with this remark. The report has shared a ten-point guide to this story that includes a protest led by Finance Minister Nirmala Sitharaman with her fellow Members of the Parliament (MPs) stood with placards on the Parliament premises protesting the remark, Sitharaman called this remark a deliberate sexist abuse. Read the full report on NDTV.
The Wire’s report on Conviction rate of ED, says it is nothing more than a caged parrot that can’t get anyone to sing
The Wire in today’s report have stated the Enforcement Directorate (ED) has registered about 5,422 cases under the Prevention of Money Laundering Act (PMLA), but as of now only 23 persons have been convicted which is less than 0.5% of the total accused list. The report also added that this is nothing shot of an indictment by the government of its own investigation agency and called for a special inspection by a parliamentary committee. Read the full report on The Wire.
Wion reported that Russia claims it has captured Ukraine’s second-biggest power plant in Donetsk
Russia claimed it has seized Ukraine’s second biggest power plant in the Eastern Donetsk region. Even though the Ukraine President Zelensky’s government claimed that the grain export is set to restart soon, Russia has deployed its forces in the Southern region. In addition to the Ukraine has bombed a key bridge in Southern Ukraine that was controlled by the Russian forces, along with this it says that Ukraine wants to recapture Kherson amid reports of massive Russian redeployment in the region. Read the full repot on Wion.
Powell signals more Fed Hikes coming, leaves out details this time, Bloomberg
Jerome Powell said the Federal Reserve will press on with the steepest tightening in a generation to curb inflation while giving the officials more flexibility on moves amid signs of a broadening economic slowdown, reports Bloomberg. The report mentions that the policy makers have raised the benchmark lending rate to 75 basis points, which brings it to a range of 2.25% to 2.5% and said that they are predicting the ongoing hikes. Read the full report on Bloomberg.