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Cracks in houses: U’khand HC serves notices to govt, 159 mining lease holders in Bageshwar
Dissatisfied over the continuation of mining activities, the court...
New U.S. sanctions against Russian energy interests
Two Russia-based maritime insurance providers: Ingosstrakh...
Vaccination is the medicine to boost economy: FM
”All our prayers are not for a third wave (of the Covid-19 virus). Suppose, if it occurs, then one has to think about the availability of hospitals, even if there is a hospital, does it have an ICU, and even if there is an ICU, does it have oxygen support? For all these questions, the Ministry announced a scheme allowing hospitals to ramp up the expansion when there was a huge impact in the country caused by the second wave (of Covid-19),” she said.
Cybersecurity seen as rising risk for airlines after 9/11
the embrace of digital technology has created new opportunities for trouble, with hackers able to penetrate systems through suppliers’ software, online services or WiFi offered to passengers.
Experts consider the potential for a hacker to take control of the plane itself as unlikely, since flight controls are separate from systems used by customers.
India, US agree to collaborate on emerging fuels
”Minister Puri emphasized that the revamped clean energy partnership will intensify the efforts from both sides to take advantage of the complementarities that exist between the US and India – advanced US technologies and rapidly growing India’s energy market, for a win-win situation through a cleaner energy route with low carbon pathways,” said a statement from the oil ministry
Biden’s vaccine rules to set off barrage of legal challenges
The White House is gearing up for legal challenges and believes that even if some of the mandates are tossed out, millions of Americans will get a shot because of the new requirements — saving lives and preventing the spread of the virus.
Biden is putting enforcement in the hands of the Occupational Safety and Health Administration, which is drafting a rule “over the coming weeks,” Jeffrey Zients, the White House coronavirus response coordinator, said Friday.
He warned that “if a workplace refuses to follow the standard, the OSHA fines could be quite significant.” \\ Courts have upheld vaccination requirements as a condition of employment, both before the pandemic — in challenges brought by health care workers — and since the coronavirus outbreak, said Lindsay Wiley, director of the Health Law and Policy Program at American University Washington College of Law.
China launches wealth management product pilots for retirement in four cities
Last month, China set up a state pension company with registered capital of 11.2 billion yuan, with 17 bank-affiliated wealth management units, insurers and state institutions taking stake, to help boost funds for retirees.
Despite looming changes, China’s retirement age is 60 for men and 55 for women, civil servants and white-collar workers.
Australia appoints former Macquarie boss to supervise financial regulators
The new three-person regulatory body, including corporate lawyer Gina Cass-Gottlieb, will supervise both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).
U.S. Treasury climate official seeks insurance changes for extreme weather
The Federal Insurance Office will accept input for 75 days and then come up with recommendations for better pricing the risks that climate change posed to insured properties and activities, John Morton, Climate counselor, U.S. Treasury
said.
“The question is, how do we … better understand and begin to price the risk inherent in the underlying activities,” he said.
Want to make India a destination for international arbitration: Law Minister Kiren Rijiju
Addressing the event, Rijiju said, “We want to make India, a destination for international arbitration. To improve our judicial system, we must target to deliver justice to the common man. We must focus on how common man is delivered with justice on time and bridge the gap between common man and justice.”
UK’s Sunak wants insurers to explore products for social care costs
Social care refers to long-term health care outside hospitals.Sunak has asked officials to work with insurers to consider “new products” that can help with social care costs, the treasury source said.
“We’re hopeful that in time the cap on costs will provide the clarity insurers need to create new products,” the source said.
Govt launches drive to on-board 8.68 lakh street vendors for digital payments
”The special drive aims to accelerate on-boarding of street vendors on the UPI QR code and handhold them to start accepting and making digital payment transactions. Five major aggregators including Paytm, Phone Pe, Bharat Pe, Mswipe and Aceware have agreed to participate in 45-day special drive for digitally onboarding the street vendors with BHIM-UPI QR code on pro-bono basis,” Ministry of Electronics and IT said in a statement.