Worries about the safety of bank deposits may further erode the economy of trust

Worries about the safety of bank deposits may further erode the economy of trust

ndian villagers queue outside a bank as they wait to deposit and exchange 500 and 1000 rupee notes in Hanuman Ganj village on the outskirts of Allahabad | Sanjay Kanojia/AFP The Big Story: Fear and savings “This tsunami will wipe out your money lying in the banks,” warned a message that went viral on WhatsApp recently, spreading panic among depositors. It was referring to the new Financial Resolution and Deposit Insurance Bill, 2017, lying with a joint parliamentary committee at present and expected to be tabled during the winter session. Among…

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Step up fire safety measures, govt tells technical institutes

Step up fire safety measures, govt tells technical institutes

Bhubaneswar: In the wake of the devastating fire in the SUM Hospital, the Odisha government has decided to strengthen fire safety measures in all technical education institutes and skill development centres in the state. In a letter to the Vice Chancellors of Biju Patnaik University of Technology (BPUT) and Veer Surendra Sai University of Technology (VSSUT), Director, Technical Education & Training, Director, Employment & State Employment Mission, Director, Indira Gandhi Institute of Technology (IGIT) and Vice Chairman, State Council for Technical Education & Vocational Training (SCTE&VT) on October 31 this…

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independent inquiry launched into Edinburgh faculty safety fiasco

independent inquiry launched into Edinburgh faculty safety fiasco

An investigation into creation problems at faculties constructed below non-public finance tasks will start in August The closure of 17 Edinburgh schools over protection worries – which left lots of pupils unable to wait their common places of mastering – may be scrutinised in an unbiased inquiry, officers have confirmed. Following the Easter vacations 8,340 pupils – from nursery youngsters to senior college students making ready for checks – had been uprooted after it emerged that their schools could now not reopen after the Easter vacations due to fears over…

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