Over 3 lakh people pledge their organs, a milestone in public participation, says Union Health Minister

Over 3 lakh people pledge their organs, a milestone in public participation, says Union Health Minister


More than 3.30 lakh citizens have pledged their organs, since launch of the Aadhar-based NOTTO online pledge website in 2023, and this marks a historic moment in public participation in organ donation, said Union Health Minister JP Nadda, on organ donation day.

India performed over 18,900 organ transplants in 2024, the highest ever recorded in a single year, a significant leap from fewer than 5,000 transplants in 2013, he added.

In fact, “India ranks third globally in the total number of organ transplants, behind only the United States of America and China,” he said,  besides leading the world in hand transplants.

The 15th edition of Indian Organ Donation Day looks to promote organ and tissue donation across the country, a note from the Health Ministry said.

“Organ donation is one of the noblest acts of humanity. In a world where medical science has made incredible progress, the gift of an organ is one of the most profound contributions one can make for someone else,” said the Health Minister.

Stressing the importance of organ donation, he said, “there is an alarming rise in the cases of organ failures posing a serious threat to public health and increasing strain on the healthcare system. Every year thousands of people wait for organ transplants. Despite the urgent need there remains a significant gap between the number of patients waiting for transplants and the number of available donors.”

The gap is not due to lack of willingness but often due to lack of awareness and hesitation rooted in the myths and misconceptions, he pointed out.

Addressing the gap between requirement of organs and available donors, he emphasized the need for greater awareness, more public dialogues, timely consent from families and robust system to support diseased donation.

He stated that “Each organ donor is a silent hero, someone whose selfless act transforms grief into hope and loss into lives. One person can save up to 8 lives by donating heart, lungs, liver, kidneys, pancreas and intestines. Additionally, countless more lives can be transformed through tissue donations.”

Financial support

Pointing Government efforts for organ transplantation, he said, “to make organ transplant more accessible, financial support of up to ₹15 lakh is provided to poor patients for transplantation of kidneys, liver, heart and lungs under the Rashtriya Arogya Nidhi. Poor patients are provided support of up to ₹10,000 per month after transplant to cover the medical expenses. Kidney transplant package has also been included in Ayushman Bharat Pradhan Mantri- Jan Arogya Yojana (AB PM-JAY).”

Nivedita Shukla Verma, Acting Secretary, Health and Family Welfare recalled the 1994 Transplantation of Human Organs Act and the first heart transplant at AIIMS – events that shaped the country’s organ donation efforts.

Global shortage

She also pointed to the global challenge of organ shortage, noting that India’s organ donation rate remains under one percent relative to the population. Over 63,000 individuals currently need kidney transplants, and around 22,000 liver transplants.

She stressed the need for timely organ donations from accident victims and those who suffer from heart strokes. Further, she outlined three key areas for progress –  identifying more potential donors, expanding infrastructure, and developing human resources as essential to saving lives through ethical organ donation.

Published on August 2, 2025



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Kinara Capital faces deepening liquidity crisis as lenders issue loan recall notice

Kinara Capital faces deepening liquidity crisis as lenders issue loan recall notice


Hardika Shah, Founder, Kinara Capital 

Hardika Shah, Founder, Kinara Capital 
| Photo Credit:
Rahul M Sindhe

Bengaluru-based MSME lender Kinara Capital is facing a deepening liquidity crisis after a group of its lenders moved to appropriate fixed deposits and recall loans, prompting ICRA to downgrade its credit ratings. The latest downgrade comes on the heels of similar actions by India Ratings and Care Ratings in June, reflecting mounting concerns over the company’s financial health.

In its rating note, ICRA cited severe deterioration in Kinara Capital’s liquidity position, following the loan set-offs against its bank balances and the appropriation of lien-marked deposits by a section of lenders. The agency also flagged that such actions could set off a chain reaction, potentially triggering early redemption clauses from other lenders and putting further pressure on the firm’s liquidity in the near term.

The company is said to be weighing several options, including the sale of assets and corresponding liability transfers, as it attempts to stabilise its position.

Founded in 2011 by Hardika Shah, Kinara Capital offers unsecured business loans to micro, small and medium enterprises (MSMEs), primarily via its digital lending platform, myKinara. Over the years, the fintech lender claims to have disbursed more than ₹4,000 crore to over 50,000 borrowers, and has a physical presence through 130 branches.

However, the company’s financial metrics have weakened sharply in the past year. For FY25, it posted a standalone net loss of ₹351 crore, a sharp reversal from a ₹62 crore profit in the previous fiscal. Total income also declined 18 per cent year-on-year to ₹601 crore, while assets under management (AUM) fell 9.6 per cent to ₹2,841 crore as of March 2025, from ₹3,142 crore the year before. The contraction in AUM was partly attributed to the company adopting a more cautious lending stance amid rising delinquencies.

As of June, Kinara Capital had outstanding debt of ₹1,853 crore from 46 lenders, according to ICRA. The firm has so far raised around $178 million in funding from backers such as Impact Investment Exchange (IIX), BlueOrchard, British International Investment, Nuveen, and Triple Jump’s AMP Fund.

Published on August 2, 2025



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आगे बढ़ रहा हिंदुस्तान… दुनिया की तीसरी सबसे बड़ी इकोनॉमी बनने की राह पर भारत

आगे बढ़ रहा हिंदुस्तान… दुनिया की तीसरी सबसे बड़ी इकोनॉमी बनने की राह पर भारत


Indian Economy: प्रधानमंत्री नरेंद्र मोदी ने शनिवार को कहा कि भारत दुनिया की तीसरी सबसे बड़ी इकोनॉमी बनने की राह पर है और इसलिए अपने आर्थिक हितों को लेकर सतर्क रहने की भी जरूरत है. हाल ही में मॉर्गन स्टेनली की एक रिपोर्ट सामने आई, जिसमें कहा गया कि भारत 2028 तक तीसरी सबसे बड़ी अर्थव्यवस्था बनने की राह पर है और इसकी योजना 2035 तक अपनी जीडीपी को दोगुने से अधिक बढ़ाकर 10.6 ट्रिलियन डॉलर करने की है. 

मजबूती से बढ़ रही देश की इकोनॉमी 

आज वाराणसी में एक जनसभा को संबोधित करते हुए पीएम मोदी ने कहा, “भारत दुनिया की तीसरी सबसे बड़ी अर्थव्यवस्था बनने के लिए तैयार है इसलिए भारत को अपने आर्थिक हितों के प्रति सजग रहना होगा. हमारे किसान, हमारे लघु उद्योग, हमारे युवाओं के लिए रोजगार इनके हित हमारे लिए सर्वोपरि हैं. सरकार इस दिशा में हर संभव प्रयास कर रही है.” देश में महंगाई कंट्रोल में है, निर्यात रिकॉर्ड हाई लेवल पर है, ग्रामीण स्तर पर भी विकास हो रहा है, भारत की अर्थव्यवस्था मजबूती के साथ आगे बढ़ रही है. 

GST कलेक्शन में आया सुधार 

वित्त मंत्रालय द्वारा शुक्रवार को जारी आंकड़ों के मुताबिक, जुलाई में भारत का वस्तु एवं सेवा कर (जीएसटी) कलेक्शन सालाना आधार पर 7.5 परसेंट बढ़कर 1,95,735 करोड़ रुपये तक पहुंच गया है. इसके साथ ही लगातार सातवें महीने कलेक्शन 1.8 लाख करोड़ रुपये से ऊपर रहा. अप्रैल-जुलाई 2025 में कलेक्शन सालाना आधार पर 10.7 फीसदी बढ़कर 8,18,009 करोड़ रुपये हो गया है.

काबू में है महंगाई

देश में महंगाई में कमी आई है, जिसे लोगों को राहत मिली है. उपभोक्ता मूल्य सूचकांक (CPI) महंगाई जून 2025 में घटकर 2.10 परसेंट रह गई, जो जनवरी 2019 के बाद से इसका सबसे निचला स्तर है और महंगाई को लेकर भारतीय रिजर्व बैंक के लगाए गए अनुमान 4 परसेंट के दायरे में है. महंगाई में आई गिरावट मुख्य रूप से खाने-पीने की चीजों जैसे कि सब्जी, अनाज, दालें, दूध, मसाले और चीनी की कीमतें कम होने की वजह से है, जिससे घरेलू खर्च में कमी आने में मदद मिली है. 

ग्रामीण अर्थव्यवस्था में भी सुधार

ग्रामीण भारत की अर्थव्यवस्था भी सुधर रही है. जुलाई 2025 के लिए नाबार्ड के ग्रामीण आर्थिक स्थिति और भावना सर्वेक्षण (RECSS) के अनुसार, 76.6 परसेंट ग्रामीण परिवारों ने उपभोग में वृद्धि की सूचना दी, जबकि 39.6 परसेंट ने पिछले साल के मुकाबले आय में वृद्धि का अनुभव किया. जून में ग्रामीण मुद्रास्फीति घटकर 1.72 परसेंट रह गई, जो एक साल पहले के मुकाबले  394 आधार अंकों की तीव्र गिरावट है, जो गैर-शहरी क्षेत्रों में बेहतर सप्लाई और रोजगार बढ़ने का संकेत है. 

FMCG सेक्टर की बड़ी कंपनी हिंदुस्तान यूनिलीवर (HUVR) ने अपनी पहली तिमाही के बाद मैनेजमेंट की बैठक में इस बात का जिक्र किया कि ग्रामीण क्षेत्रों में भी सुधार देखने को मिल रहा और शहरों में भी मांग तेजी से बढ़ रही है. विकास को छोटे शहरों और ई-कॉमर्स और क्विक कॉमर्स जैसे माध्यमों से बल मिल रहा है. HUVR का ग्रामीण व्यवसाय इसके कुल पोर्टफोलियो का लगभग एक-तिहाई हिस्सा है. RBI ने भी जनवरी 2025 में रेपो रेट को 6.5 परसेंट से घटाकर 5.5 परसेंट कर दिया है, जिससे  उधार देने की लागत को कम करने में मदद मिली है और महंगाई के दबाव के बिना उपभोग और निवेश दोनों को बढ़ावा मिला है. 

निर्यात में आया उछाल 

वित्त वर्ष 2025-26 की पहली तिमाही (अप्रैल-जून 2025) में भारत का निर्यात बढ़कर 210.31 अरब डॉलर हो गया, जो साल-दर-साल 5.94 परसेंट की बढ़त को दर्शाता है, जबकि आयात में 4.38 परसेंट का उछाल आया है. इससे व्यापार घाटा 9.4 परसेंट कम होकर 20.31 अरब डॉलर रह गया है. सेवाओं का निर्यात भी 10.93 परसेंट बढ़कर 98.13 अरब डॉलर हो गया, जबकि गैर-पेट्रोलियम निर्यात में 5.98 परसेंट और गैर-रत्न एवं आभूषण निर्यात में 7.23 परसेंट की वृद्धि हुई, जो निर्यात की सभी कैटेगरी में व्यापक मजबूती का संकेत है. 

इलेक्ट्रॉनिक सामान, चाय, मांस, डेयरी, पोल्ट्री, जूट निर्माण और अनाज जैसे सेगमेंट में निर्यात को बढ़ावा मिला है. सरकार की तमाम नीतियों की वजह से निर्यात को बढ़ावा मिला है. ‘मेक इन इंडिया’ पहल से इलेक्ट्रॉनिक्स निर्यात को बढ़ावा मिला, जबकि दलहन में आत्मनिर्भरता मिशन ने आयात पर निर्भरता को कम करने में मदद की. 

 

ये भी पढ़ें: 

बढ़ सकती है पेट्रोल-डीजल की कीमत, रूस-अमेरिका के बीच टेंशन का ग्लोबल ऑयल की सप्लाई पर असर



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City of Dreams launches in Colombo: South Asia’s first integrated luxury resort

City of Dreams launches in Colombo: South Asia’s first integrated luxury resort


 City of Dreams, spread over 4.5 million sq ft, comprises 800 rooms and suites (a 687-room luxury hotel ‘Cinnamon Life’ and a 113-room, ultra-luxury hotel under Melco’s ‘Nüwa’ brand)

 City of Dreams, spread over 4.5 million sq ft, comprises 800 rooms and suites (a 687-room luxury hotel ‘Cinnamon Life’ and a 113-room, ultra-luxury hotel under Melco’s ‘Nüwa’ brand)

Luxury has got a new name and address in Colombo: City of Dreams. Located in the heart of the Sri Lankan capital and overlooking the Indian Ocean, it comprises a world-class casino, two luxurious hotels, a premium shopping mall, and more, redefining the city’s place not only on the South Asian but also on the global tourism map.

A joint venture between  Sri Lanka’s biggest conglomerate, John Keells Holdings PLC and Melco Resorts & Entertainment, the over $1.2 billion development is South Asia’s first fully integrated resort and the country’s largest private sector investment in luxury lifestyle to date. The resort brings together world-class hospitality, upscale retail, immersive entertainment, and cutting-edge MICE (meetings, incentives, conferences, and exhibitions) infrastructure in one destination.

Unveiled on Saturday, City of Dreams, spread over 4.5 million sq ft, comprises 800 rooms and suites (a 687-room luxury hotel ‘Cinnamon Life’ and a 113-room, ultra-luxury hotel under Melco’s ‘Nüwa’ brand), facilities designed to host business events and conventions, a state-of-the-art casino and entertainment zone operated by Melco, a premium shopping and lifestyle promenade, curated dining experiences, and spaces for international performances and cultural showcase.

Premier destination

In his speech, Krishan Balendra, Chairperson of the over 150-year-old John Keells Group, said, “This is not just about buildings. It is about building confidence. It is about rewriting narratives – that Sri Lanka is a place of opportunity. It is about showing the world – and ourselves – that we can compete, we can lead, and we can dream big again… The scale of this development sends a strong message to global investors – Sri Lanka is open, stable, and investable.”

Designed by James Balmond, Creative Director of Balmond Studio, City of Dreams capitalises on Sri Lanka’s location and growing tourism demand. It is positioned to drive a surge in international arrivals, particularly from South Asia, establishing Colombo as a premier MICE destination. Once fully operational, it will serve as a catalyst for economic growth, enhance foreign exchange earnings and generate over 20,000 direct and indirect jobs. It is also expected to have a cascading effect on demand for local products, services, and supply chains.

Expected to boost tourism

Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, “Sri Lanka is perfectly positioned as a gateway to key feeder markets, including India, China and Russia, with India in particular showing tremendous growth in its affluent middle and upper classes. Sri Lanka has the chance to be to India what Macau is to China. By leveraging our global network of properties and expertise, we aim to attract high-value international travellers seeking world-class experiences.”

Melco’s businesses include the flagship integrated entertainment resort City of Dreams in Macau, home to ultra luxury hotel Morpheus, the world’s largest water-based show House of Dancing Water, the cinematically themed resort Studio City, the Forbes 5-star luxury hotel Altira Macau, and Mocha Clubs, which house the largest non-casino based operations of electronic gaming machines in Macau. Melco also operates the City of Dreams Manila in the Philippines and the City of Dreams Mediterranean in the Republic of Cyprus, the largest integrated casino resort in Europe.

City of Dreams to spark luxury lifestyle movement 

City of Dreams is more than a resort; it aims to drive a lifestyle movement, setting benchmarks for luxury, sustainability and community engagement, redefining Sri Lanka’s tourism narrative. As Krishan Balendra said in his speech, “City of Dreams is not just for this generation – but for the next.”

Published on August 2, 2025



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Naidu credits ₹7,000 to 47 lakh farmers under ₹3,174 cr ‘Annadatha Sukhibhava’ scheme

Naidu credits ₹7,000 to 47 lakh farmers under ₹3,174 cr ‘Annadatha Sukhibhava’ scheme


Andhra Pradesh Chief Minister N Chandrababu Naidu 

Andhra Pradesh Chief Minister N Chandrababu Naidu 

The Andhra Pradesh government-led by Chief Minister N Chandrababu Naidu on Saturday deposited Rs 7,000 each to 47 lakh farmers as part of the ‘Annadatha Sukhibhava’ scheme, which offers Rs 20,000 financial aid to farmers per annum.

Launching the Rs 3,174 crore statewide initiative, the CM handed over a cheque to two farmers as a symbolic gesture and another Rs 29 crore cheque specific to Darsi constituency, according to a video link shared by the government.

“This is history. No other thing gives me this much happiness. Sitting in a field under the sun we transferred Rs 7,000, including central funds. This is history,” said Naidu, addressing farmers in the middle of a field.

Naidu disbursed the first tranche of funds at East Veerayapalem village of Darsi mandal in Prakasam district.

Scheme combines state and PM-Kisan funds

Out of the Rs 7,000 credited to lakhs of farmers today, Rs 5,000 came from the southern state while the remaining Rs 2,000 was offered by the central government as part of the ‘PM-Kisan’ scheme.

Clubbing the Centre’s contribution of Rs 6,000 under PM-Kisan and the state’s contribution of Rs 14,000, the southern state aims to disburse Rs 20,000 per annum to eligible farmers under the Annadatha Sukhibhava-PM Kisan scheme in three installments.

The chief minister noted that the TDP-led NDA government in the state has allocated Rs 2,343 crore for the first installment while the Centre provided Rs 831 crore, totalling Rs 3,174 crore.

 Annadatha Sukhibhava part of TDP’s ‘Super Six’ poll promises

Annadatha Sukhibhava is a poll promise made by Naidu in the run-up to the 2024 polls and is part of the ‘Super Six’ set of election promises, which assured three free cooking gas cylinders per annum, Rs 15,000 per annum for every school-going child, Rs 1,500 monthly financial aid for women between 19 and 59 years and others.

Stating that farmers should emerge as kings, he said, “all the struggles are limited to him” to enable them to live a “happy life with comfort”.

Observing that the TDP understands the language of development, the CM noted that it was party founder NT Rama Rao, who ushered in welfare, adding that he is struggling for everyone.

According to the CM, the southern state is implementing the Super Six promises inspite of several difficulties. “As long as Chandranna (Naidu) is there, there is assurance to farmers,” he added.

The TDP chief said that the free bus travel scheme (Stree Shakti) will be implemented from August 15, benefiting 2.6 crore women.

Naidu vows Polavaram by 2027, eyes river interlinking

The CM said he is thinking of inter-linking all the rivers in the state to avoid water scarcity and vowed to complete the Polavaram Project by December, 2027 to dedicate it to the nation.

All the reservoirs in the state are brimming with water, about 700 TMC, he added.

 CM flags US tariffs’ impact on aquaculture, slams YSRCP

Referring to the sudden spike in American taxes on Indian merchandise, Naidu said these duties will hurt aquaculture farmers and promised to chart out an action plan on how to deal with this matter after meeting with aquaculture representatives in a few days.

Stating that the US had hiked duties by 25 per cent, Naidu said this will affect Indian farmers. Keeping all these factors into consideration, the CM said he will guide farmers on what crop to plant and how to go further.

The CM said his goal is to transform Andhra Pradesh into a healthy, wealthy and happy state and called for people’s cooperation.

On Operation Sindoor

Highlighting that Operation Sindoor was the pride of the country, Naidu said the terrorists involved in the April 22 attack at Pahalgam were killed by the NDA government led by Prime Minister Narendra Modi.

Referring to opposition leader YS Jagan Mohan Reddy’s tours in the state, Naidu alleged that when Podili women demanded an apology from YSRCP for “portraying Amaravati women in a disparaging manner, they were roughed up”.

Senior YSRCP leader N Prasanna Kumar Reddy allegedly criticised the personal life of a woman TDP leader and the YSRCP chief went to Nellore to meet him, the CM said, and added that he would have summoned such a leader and warned him for the remarks.

Published on August 2, 2025



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Crude prices could skyrocket to 0 If India cuts Russian oil: Sources

Crude prices could skyrocket to $200 If India cuts Russian oil: Sources


 As the world’s third-largest energy consumer, India has pursued a pragmatic policy to ensure affordable energy, adhering to international norms. The sources clarified that India continues buying Russian oil based on commercial terms, rejecting Reuters’ reports of a suspension.

As the world’s third-largest energy consumer, India has pursued a pragmatic policy to ensure affordable energy, adhering to international norms. The sources clarified that India continues buying Russian oil based on commercial terms, rejecting Reuters’ reports of a suspension.

Global crude prices could jump to 200 US Dollars a barrel if India were to stop buying Russian Oil thus severely harming consumers worldwide, sources told ANI.

Russian oil has never been sanctioned and is still not sanctioned by either the United States or the European Union.

Providing context for India’s energy security policy, sources explained that Russia, the world’s second-largest crude oil producer with about 9.5 million barrels per day output–nearly 10% of global demand–is also the second-largest exporter, shipping roughly 4.5 million barrels per day of crude and 2.3 million barrels per day of refined products. Past fears of Russian oil being squeezed out of global markets had driven Brent crude prices to a high of $137 per barrel in March 2022.

India adapts to secure energy, follows global norms

“In this challenging environment, India, as the world’s third-largest energy consumer with 85% import dependence, strategically adapted its sourcing to secure affordable energy while fully adhering to international norms,” sources added.

Earlier, United States President Donald Trump on Friday ( EST) claimed that India may cease purchasing Russian oil, calling it “a good step” if confirmed, while India has defended its sovereign right to pursue an energy policy in its own national interest.

News agency Reuters reported on July 31st that Indian public sector refiners suspended purchases of Russian oil amid tariff threats from President Trump and narrowing price discounts. However, Indian sources have now rebutted these reports, clarifying that Indian refiners have continued to buy Russian crude based on commercial viability.

Russian oil not sanctioned; India complies with price cap

Sources further told ANI that Russian oil has never been sanctioned, but rather subjected to a G7/EU price-cap mechanism to limit Russian revenues while keeping global supplies flowing. India oil refiners’ purchases have remained fully legitimate under international frameworks.

“Had Indian oil refiners not absorbed discounted Russian crude, combined with OPEC+ production cuts of 5.86 million barrels per day, global oil prices could have surged well beyond the March 2022 peak of 137 dollars per barrel, intensifying inflation globally,” sources explained.

It was also highlighted that Indian oil marketing companies (OMCs) have refrained from buying Iranian or Venezuelan crude, which is actually sanctioned by the US, and have complied with the $60 per barrel price cap recommended for Russian oil by the US.

The European Union has recently recommended a lower price cap of $47.6 per barrel for Russian oil, to take effect in September.

EU still major buyer of Russian energy

Commenting on Europe’s continued Russian energy imports, sources noted the EU was the largest importer of Russian-origin liquefied natural gas (LNG), buying 51% of Russia’s LNG exports, followed by China at 21% and Japan at 18%. For pipeline gas, the EU remained the top buyer with a 37% share, followed by China at 30% and Turkey at 27%.

Backing India oil refiners’ decision to continue sourcing Russian oil, sources reiterated that India’s energy choices are guided by its national interest, while also contributing to global energy stability. “India’s pragmatic approach has kept oil flowing, prices stable, and markets balanced, while fully respecting international frameworks,” they added.

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