Nitin Gadkari,Union Minister of Road Transport and Highways "Every...
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Indian stock market remains on consolidation path, DIIs absorb heavy selling
DIIs have been a strong buyer absorbing the selling and mitigating...
How air pollution is contributing to cancers in India
“Cancer rates are rising in India and have seen an upward trend in...
Delhi govt launches financial assistance scheme for families of Covid victims
”Each family in which a death has occurred due to Covid will be provided an ex gratia of Rs 50,000.”
”We are launching a portal through which such people can apply for financial assistance. Our representatives will also visit such families and get applications filled up,” he added.
The chief minister said such representatives will not reject claims of families in case any document is missing and will only facilitate the process.
There is no income criterion to apply for financial assistance under the scheme.
Stock exchanges, other officials liable to face penalties for tech glitches: Sebi
Stock exchanges, clearing corporation and depositories will have to pay in the range of Rs 1 lakh each working day to Rs 2 crore for flouting Standard Operating Procedure while Managing Director (MD) and Chief Technology Officer (CTO) of the MIIs concerned will have to cough up 10 per cent of their respective annual pay.
To avoid technical glitches, Sebi has suggested that MIIs should have Business Continuity Planning, disaster recovery policies and system audit processes in place.
New Saudi airline plan takes aim at Emirates, Qatar Airways
Crown Prince Mohammed bin Salman, who is pushing economic diversification to wean Saudi Arabia off oil revenues and create jobs, announced a transportation and logistics drive on Tuesday aimed at making the kingdom the fifth-biggest air transit hub.
Govt likely to invite bids from merchant bankers this month
“We will invite bids for appointment of merchant bankers in the next couple of weeks, the official said, adding discussions are going on with institutional investors.”We are hoping to get regulatory approvals by November-end,” the official said.
Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders.
Homeless, beggars should work; everything can’t be provided to them by state: HC
“They (homeless persons) should also work for the country. Everyone is working. Everything cannot be provided by the state. You (petitioner) are just increasing the population of this section of the society, the high court said.
The court also raised questions on the petitioner, saying that granting all the prayers sought in the petition would be like an “invitation to people not to work”.
Businesses need not deduct TDS on share purchases via exchanges: CBDT
The CBDT has also clarified that only those entities having turnover from the business of more than Rs 10 crores in the preceding financial year would be required to deduct TDS at the time of purchase of goods over Rs 50 lakh.
Heatwave claims over 17,000 lives in 50 years in India: Study
Heatwave is one of the extreme weather events (EWE). In 50 years (1971-2019) EWE killed 1,41,308 people. Of this, 17,362 people were killed due to heatwave — a little over 12 percent of the total deaths recorded, the study said.
The maximum heatwave deaths were in Andhra Pradesh, Telangana and Odisha, it added.
The research paper was authored by M Rajeevan, Secretary of Ministry of Earth Science, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri, earlier this year. Kamaljit Ray is the lead author of the paper.
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report
New rules limiting flash sales, barring misleading advertisements and mandating a complaints system, among other proposals, could force the likes of Amazon and Flipkart to review their business structures, and may increase costs for domestic rivals including Reliance Industries’ JioMart, BigBasket and Snapdeal.
Cyber laws, rules, and guidance must be workable, risk-based, clear, transparent, and consistently applied across companies and jurisdictions:US Insurers
Insurance is an important economic recovery resource for victims of ransomware attacks. Prohibitions on the reimbursement of legal ransom payments presents potential unintended consequence such as eliminating a meaningful risk management resource.
Insurance policy and underwriting activities should not be misconstrued as cybersecurity risk assessments, which provide the insured with confidence that their security measures are sufficient to avoid or eliminate ransomware attacks.
Insurance is an important economic recovery resource for victims of ransomware attacks. Prohibitions on the reimbursement of legal ransom payments presents potential unintended consequence such as eliminating a meaningful risk management resource.
Like a customer’s decision on how to manage cyber risk, insurers must also be able to determine their risk appetite through careful underwriting and appropriate coverage offerings.
Flexible, agile vaccination strategy vital in saving lives in India, says Lancet report
The report noted that innovative measures currently being tried in India like establishing satellite vaccination centres closer to hamlets in rural settings and resident welfare associations in urban areas; converting community halls and using large parking spaces for drive-in vaccination; and using mobile vaccination facilities to cover populations that do not live within easy access of vaccination centres.