Policy

Government officials also recently called a few prominent law firms and urged them to join the IPO work, said three law firm partners familiar with the talks.

This week, the government relaxed its fee payment schedules, to offer a 50% payment after the draft IPO prospectus was filed.

Cabinet clears auto PLI scheme for EVs, hydrogen fuel cell vehicles

Sep 15, 2021 | Eco/Invest/Demography, Indian News, Policy, Technology

This PLI scheme for automotive sector along with the already launched PLI scheme for Advanced Chemistry Cell (Rs 18,100 crore) and Faster Adaption of Manufacturing of Electric Vehicles (Rs 10,000 crore) will enable India to leapfrog from traditional fossil fuel-based automobile transportation system to environmentally cleaner, sustainable, advanced and more efficient Electric Vehicles (EV) based system.

India reported 11.8% rise in cyber crime in 2020; 578 incidents of ‘fake news on social media’: NCRB Data

Sep 15, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management, Technology

In terms of motive, the maximum 60.2 per cent cyber crimes lodged in 2020 were done for fraud (30,142 out of 50,035 cases), the NCRB, which functions under the Ministry of Home Affairs, stated.

Dengue suspected of killing dozens as Indian state suffers worst outbreak in years

Sep 14, 2021 | Health, Indian News, Policy

A government official said on the condition of anonymity that many children may have died as their poor parents first took them to fake medical practitioners, or quacks, before their condition worsened.

South Korean politician tops presidential polls with talk of universal basic income

Sep 14, 2021 | Eco/Invest/Demography, Facts, Policy

As governor of Gyeonggi province,Lee Jae-myung, advocated for universal basic income and instituted cash payments to all 24-year-old people for a year. When the COVID-19 pandemic hit, all province residents also received regular payments
“Keeping people from disasters and infectious diseases by providing public medical service is one of the government’s most fundamental duties, and my political career began from there,” Lee told Reuters in December.

Nicaragua gov’t squeezes doctors, talk of ‘health terrorism’

Sep 14, 2021 | Facts, Health, Policy

As international health organizations warn of increasing infections in Nicaragua and independent Nicaraguan doctors call for a voluntary quarantine to slow the spread of the delta variant of the coronavirus, the government has made clear that comments out of step with its line are unacceptable as President Daniel Ortega seeks a fourth consecutive term.

Madras HC quashes order increasing speed limit to 120 kmph on highways

Sep 14, 2021 | Indian News, Non-Life, Policy, Technology

The present bench observed that though there was a better engine technology and improved road infrastructure, there was no improvement in compliance of the road safety rules by the motorists.
From the report released by the Ministry of Road Transport and Highways, the number of deaths taking place on roads would prove that more accidents were occurring due to over speeding.

When over speeding was a major cause for road accidents, it is not known as to how the improvement in road infrastructure and engine technology would reduce accidents. In fact, better engine technology would always be a reason for uncontrolled speed and thereby, cause more accidents, the bench said.

Immunized but banned: EU says not all Covid vaccines equal

Sep 13, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Policy

Although AstraZeneca vaccine produced in Europe has been authorized by the continent’s drug regulatory agency, the same shot manufactured in India hasn’t been given the green light. EU regulators said AstraZeneca hasn’t completed the necessary paperwork on the Indian factory, including details on its production practices and quality control standards.

BBB invites bids for conducting background verification of candidates

Sep 13, 2021 | Indian News, Life, Non-Life, Policy

The firm will prepare a candidate verification report for every aspirant to provide the necessary inputs to the BBB members before the interactions of the individual personages with the bureau, according to a public notice issued to invite bids.

”A bidder will be selected under the Quality cum Cost Based System method (QCBS) with weightages of 80:20 (80 per cent for technical proposal and 20 per cent for financial proposal) and as per procedures described in this RFP,” it said.