Government News & Updates
Government News & Trends where we share you the latest updates under the government authorities globally starting from India to USA, China, Russia, Pakistan, UK and many more nations.
Telangana | Health department heads are replaced
"Christina Z. Chongthu, the health secretary, made important appointments in the department one of her first orders. The appointment of the in-charge directors of public health and family welfare and medical education (DME) has been ordered by the secretary. Official orders issued on Wednesday designate Dr. B. Triveni, who is currently serving as the Additional Director of Medical Education, as the In-charge Director of Medical Education (DME) until further notice. In addition, Dr. K Siva Ram Prasad, the Government Medical College, Jagtiyal's Additional Director of Medical Education, has been named the In-charge Director of Medical Education (Academic) until further directives. In-charge DME Dr. K. Ramesh Reddy has been there for the last six years."
JN shouldn't cause you to panic.One COVID-19 variation is Health Minister
"In response to the introduction of the new COVID-19 variant JN.1, Health Minister Saurabh Bharadwaj urged Delhi residents on Wednesday to ""not panic."" He explained that although the strain is contagious, it is mild, with only a small number of patients requiring oxygen support. ""Take precautions, but don't panic—this [new variant] is not very dangerous. About 90% of patients are recovering while receiving treatment at home, Mr. Bharadwaj informed the media, noting that comorbidity patients were the focus of reports of deaths in other States."
For FY23, Unacademys revenue jumps 26% to Rs 907 crore while its loss cuts
The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.The test-prep startup Unacademy reported that, despite constant layoffs at the company, its losses in FY23 decreased by 41% to Rs 1,678 crore. In FY23, employee-related expenses decreased by 28% to Rs 1,281 crore.In what was a difficult year for the startup environment, many modern businesses, like Myntra, ZestMoney, and Curefoods, reported stronger revenues for FY23, but their losses also increased.Revenue at Myntra rises to Rs 4,375 crore: The apparel retailer Myntra, which is owned by Flipkart, reported a 25% increase in operating revenue to Rs 4,375 crore in FY23, despite a 31% increase in losses to Rs 782 crore. The online fashion platform's largest expense, amounting to Rs 1,758 crore, was spent on advertising and promotional activities, representing a 35% increase over the previous year.Unacademy reduces losses to Rs 1,678 crore, or 41%: Unacademy, a startup providing test preparation, reported that its losses in FY23, which included several layoffs at the company, decreased by 41% to Rs 1,678 crore. The Bengaluru-based firm saw a 26% increase in sales to Rs 907 crore during the year, while costs associated with payroll decreased by 28% to Rs 1,281 crore.ZestMoney reports a loss of Rs 412 crore. ZestMoney, a troubled startup that has been searching for a buyer, declared a net loss of Rs 412.4 crore for the fiscal year 2023. On the other hand, while total expenses increased by 21% to Rs 662.2 crore, overall revenue for the buy-now-pay-later platform increased by 72% to Rs 250 crore.
