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Malhotra exhorts staff to strive for perfection; support realisation of Viksit Bharat vision
Sanjay Malhotra,Governor,Reserve Bank of India Malhotra, who faces...
World can expect another zoonotic pandemic any day: Ex-WHO Director
The majority of newly emerging diseases are viral, and they are...
U’khand High Court seeks replies from Centre, state govt on virtual post-mortem
The PIL said that the process being followed for post-mortem of bodies at present is wrong and inhuman. It said that if MRI and CT scans could be performed virtually during the ongoing Covid pandemic, then it was plausible that even post-mortem could follow a similar procedure virtually.
More scientific data required on mixing of Covid-19 vaccine doses: Secretary Department of Biotechnology
“DCGI has given permission to CMC Vellore to start a trial on the mixing of vaccines. A couple of such studies have been initiated. We need more scientific data to get more clarity,” said Secretary, Department of Biotechnology, Government of India Dr Renu Swarup
IFSCA in process of setting up International Arbitration Centre in GIFT IFSC
”In a financial centre, speedy dispute resolution is very critical. We are making some headway (in that direction) and are close to setting up an International Arbitration Centre in the GIFT IFSC,” Srinivas said.
Bad for business: World Bank China rigging scandal rattles investors
Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation. They said some governments, especially in emerging market countries who want to demonstrate progress and attract investment, could become obsessed with their position in the reports, which assess everything from ease of paying taxes to legal rights.
PAN-Aadhaar linkage deadline extended till March 2022
“Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022,” it said.
U.N. says world likely to miss climate targets despite COVID pause in emissions
“This year has seen fossil fuel emissions bounce back, greenhouse gas concentrations continuing to rise and severe human-enhanced weather events that have affected health, lives, and livelihoods on every continent,” he said. Concentrations in the atmosphere of the major greenhouse gases – CO2, methane, and nitrous oxide – continued to increase in 2020 and the first half of 2021, the U.N. said.
GST Council to meet on Friday; rate review, tax concession to 11 COVID drugs on cards
The Council, comprising central and state finance ministers, will deliberate on the proposal of extending the existing concessional tax rate structure on Amphotericin B, Tocilizumab, Remdesivir, and anti-coagulants like Heparin, till December 31, 2021, from the present September 30.
Tax rate on Amphotericin B, Tocilizumab was cut to ‘Nil’, while Remdesivir and Heparin were reduced to 5 percent in June 2021.
The Council on Friday may also discuss the proposal of reducing GST from 12 percent to 5 percent to seven more drugs till December 31, 2021. These are Itolizumab, Posaconazole, Infliximab, Bamlanivimab & Etesevimab, Casirivimab & Imdevimab, 2-Deoxy-D-Glucose, and Favipiravir.
National Asset Reconstruction Company to acquire stressed assets of about Rs 2 lakh crore in phases
Explaining the benefits that banks will get from this new structure, the Finance Ministry said the new structure will incentivize quicker action on resolving stressed assets thereby helping in better value realization.
EU launches health crisis body to prepare for future pandemic
The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical production and help build stockpiles.
If a new health crisis struck, it would activate emergency funding and help coordinate monitoring, procurement and purchase of medical equipment or treatments.
The authority is partly designed to avoid a repeat of the ad hoc measures taken by individual EU countries at the start of the COVID-19 pandemic, some of them inefficient, others coming at the expense of other EU members.
Canada Energy firm gets nod to keep insurers’ names confidential
Pressure from environmental groups has prompted some major insurance companies to halt support for energy projects.