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People in Eastern India are better prepared to take on retired life than their counterparts in the country's North, South or West, thanks to their enhanced saving propensity for their future, a study reveals. According to the findings of the fourth edition of the India Retirement Index Study (IRIS), conducted by Max Life Insurance Company in partnership with KANTAR, a marketing data and analytics company, East India outshone other regions, scoring an impressive 54 on the Retirement Index, significantly higher than North and South India, both at 48, and West India at 49, as well as the national average of 49. India retirement index is the degree to which Indians feel prepared for retired life on a scale 0 to 100. It is based on how prepared the country is for a healthy, peaceful and financially independent post-retirement life, surveyors explained. The survey, according to officials, is aimed at understanding the retirement readiness of urban India, with insights into awareness, ...
The prevalence of JN.1 is low in the Eastern region
The remnant of cyclone Biparjoy is expected to bring rain over parts of Uttar Pradesh and Madhya Pradesh starting Sunday, and help the monsoon advance over east India currently in the grip of a severe heat wave, meteorologists said on Friday. The monsoon's progress has remained sluggish since May 11 in the absence of any weather system over the Bay of Bengal. Cyclone Biparjoy also impacted the southwest monsoon current, they said. Biparjoy's remnant is likely to move north-eastwards and give rainfall in central and east Uttar Pradesh and Madhya Pradesh, they said. "It may happen... we are monitoring the situation. There could be some other parameters too, such as an increase in cross-equatorial flow over the Arabian Sea and the Bay of Bengal. That can also help advance the monsoon in addition to this (remnant of the cyclone)," IMD Director General Mrutyunjay Mohapatara said when asked if the system can help the monsoon advance over east India. He chief said conditions will be ...
Parts of eastern India, including Bihar, Jharkhand and Odisha, are likely to face above-normal temperatures in May with a likelihood of heat wave conditions on some days, the weather office has said. However, parts of northwest and west-central India may experience warmer nights and below-normal temperatures during the day, the India Meteorological Department said in the monthly outlook for temperature and rainfall for May. It said normal to above-normal rainfall is expected in the northwest and west central parts of the country in May, including in Punjab, Haryana, Rajasthan and parts of western Uttar Pradesh. Large swathes of the northeastern region, Kerala, Andhra Pradesh and south Karnataka, are expected to witness below-normal rains. According to the weather office, the average rainfall in May is likely to be 91-109 per cent of the Long Period Average of 61.4 mm. "Above-normal heat wave days are expected over most parts of Bihar, Jharkhand, Odisha, Gangetic West Bengal, east .
The Met Department on Friday forecast rain and thunderstorms in several states of eastern India for the next three days, bringing joy for people across the region reeling under severe heatwave conditions. The weather office predicted widespread rain in the northeastern states during the period and isolated rainfall in West Bengal, Bihar, Jharkhand and Odisha. "Due to formation of a cyclonic circulation over central Uttar Pradesh and moisture incursion from Bay of Bengal, the maximum temperature is likely to fall by three to five degrees Celsius during the next five days," it said in a special bulletin. Heatwave conditions have been prevailing in Gangetic West Bengal since the last 10 days, with Bankura recording a maximum temperature of 44.3 degrees Celsius on Thursday, followed by Panagarh air force station at 43.9 degrees C, the department said. A partly cloudy sky, however, lowered temperatues on Friday. In Kolkata, the mercury settled at 38 degrees C, and 39.7 degrees C in ...
Bharti Airtel subsidiary Nxtra Data Ltd Tuesday said the company will invest Rs 600 crore in the development of its largest data center in east India. The center when developed will serve the underserved markets of the east and north-east regions along with the SAARC countries, Nxtra Executive Director and chief operating officer Rajesh Tapadia said on the occasion of the ground breaking ceremony. The company will invest Rs 600 crore to build the 25 MW data center in Bengal Silicon Valley, Kolkata and will be fully operational by 2024, he said. It will also fulfill the growing needs of enterprises and global cloud players. "Nxtra is on an expansion spree and will invest over Rs 5000 crore over the next four years to expand its capacity by 3X to over 400 MW. The company has already invested and partnered with eight organisations to source more than 180,000 MWh of renewable energy," Tapadia said. "Nxtra has the ambition to reach net zero by 2031," he added. The company said "Once r
Bandhan Bank will open 551 more branches in the 2022-23 fiscal, as a part of the lender's focus to make its distribution stronger in other parts of India outside the eastern region, MD & CEO Chandra Sekhar Ghosh said. With the latest addition, the Kolkata-headquartered bank's branch count will exceed 6,000, he said. "India is a huge country and just one Bandhan Bank of the scale at which we are right now is not enough. So, we have to scale up even further and even faster. "Majority of these (new branches) will be outside of east India, where we are already very strong in penetration. Bolstering our distribution in other parts of the country is a key focus for us," Ghosh said here at the seventh anniversary celebrations of Bandhan Bank on Monday night. He said the bank's push for digital and tech transformation has been a great success, with 92 per cent of the total transactions taking place through the digital route. Ghosh also said Bandhan Bank will continue to expand its product
The prime minister also said that efforts had been underway over the past eight years to strengthen the infrastructure of railways, roadways and airways in the region.
Intense convection over large parts of east India, NE India Odisha, Tamil Nadu, among other places, late on Tuesday night may help in further advancement of the Southwest Monsoon, the IMD said
East and northeast India will see a wet spell during the next 48 hours and dry weather thereafter, the IMD said
The LNG terminal at Dhamra is part of Pradhan Mantri Urja Ganga Yojana