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Earthquake of magnitude 6.0 strikes India’s Assam-USGS, some buildings damaged

According to a Reuters witness, strong tremors were repeatedly felt in several northeastern parts of India and neighbouring Bhutan, forcing hundreds of people to run out of their homes.

After the quake, India’s National Disaster Management Agency was assessing reports of destruction and casualties, said an official at the agency who asked to remain unidentified.

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Supply lines at risk as shipping containers topple over at alarming rate

The shipping industry is seeing the biggest spike in lost containers in seven years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021. The accidents are disrupting supply chains for hundreds of U.S. retailers and manufacturers such as Amazon and Tesla.

There are a host of reasons for the sudden rise in accidents. Weather is getting more unpredictable, while ships are growing bigger, allowing for containers to be stacked higher than ever before. But greatly exacerbating the situation is a surge in e-commerce after consumer demand exploded during the pandemic, increasing the urgency for shipping lines to deliver products as quickly as possible.

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Can’t be mute spectator in national crisis, don’t intend to supplant HC cases on COVID-19: SC

There is a need for top court’s intervention on certain national issues as there might be matters related to coordination between states, it said.

“We are playing complementary role, if High Courts have any difficulty in dealing with issues due to territorial limitations, we will help,” said the bench, also comprising Justices L Nageswara Rao and S Ravindra Bhat.

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Bankers call for more bang to Britain’s big finance fightback

Much is at stake given that Britain’s financial services sector employs 1.1 million people and raises about 75.5 billion pounds a year in tax, a figure which consultants PwC expect to ease in 2021 due to the City of London being effectively cut off from the EU, hitherto its biggest export market.

But many rule changes will need legislation, meaning they may not come into effect until 2022 or beyond.

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