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Muhurat trading signifies positive investor sentiment for Indian markets
Despite the recent fall in the markets, the optimism during the...
Samvat 2081 offers investors remarkable chance to reshape their financial journey
In Samvat year 2080, investors' wealth surged by a whopping Rs 128...
FM calls for re-thinking financing and development priorities for inclusive, resilient infra
The Finance Minister highlighted setting up of National Bank for Financing Infrastructure and Development, National Infrastructure Pipeline, National Monetisation Pipeline, liberalised FDI, development of GIFT City to promote Infrastructure Development, incentivise private partners and innovation.
Adopted in 2015, SDGs are the world”s shared plan to end extreme poverty, reduce inequality, and protect the planet by 2030.
No I-T lens on deposits up to Rs 2.5 lakh by housewives post note ban: ITAT
Ruling on an appeal filed by an individual, the Agra bench of ITAT said the order would act as a precedent for all similar cases.
Govt not to seek disclosure of flash sales from etailers; to act on consumer complaints
Discount sales that benefit maximum to consumers will continue, but not fraudulent flash sales on the e-commerce platforms, the government said, adding that the etailers need not be “anxious” about the draft rules.
Ban on fraudulent flash sales, mis-selling and appointment of chief compliance officer/grievance redressal officer — are among key amendments proposed to the Consumer Protection (e-commerce) Rules, 2020, on which the government has sought public comments by July 6.
UK remains Europe’s most attractive destination for financial services investment, gap with France narrows:EY
According to global investors surveyed, the top three drivers of UK growth in the coming years are the digital economy (top with 54% stating this), real estate (second with 42%), and financial services (third with 33%). Healthcare and wellbeing came fourth with 29%.At a city level, London continues to be seen as Europe’s most attractive destination for financial services FDI (backed by 44% of respondents) followed by Stockholm (19%) and Amsterdam (17%).
Pfizer in final stages of agreement to supply vaccine doses to India: CEO
Pfizer, he said, has made a specific plan that the mid and low-income countries, which includes India, will receive at least two billion of those doses. There would be at least one billion doses this year, said Pfizer’s CEO Dr Albert Bourla
Irrespective of co-morbidities, classified as deaths due to Covid: Centre
The MHA in its affidavit said: “All deaths with a diagnosis of Covid-19, irrespective of co-morbidities, are to be classified as deaths due to Covid-19. The only exception could be where there is a clear alternative cause of death, that cannot be attributed to Covid-19 (e.g. accidental trauma, poisoning, acute myocardial infarction, etc), where Covid-19 is an incidental finding.”
Doctors protest in Delhi over violence against healthcare professionals; seek legislation
”There are many central health laws such as the PCPNDT Act and the Clinical Establishment Act. Currently, 21 states have local laws, but what we need is a strong central law to protect doctors from violence,” the doctors’ body had said.
The Health Services Personnel and Clinical Establishment (Prohibition of Violence and Damage to Property) Bill, 2019, which sought to impose a jail term up to 10 years for assaulting on-duty doctors and other healthcare professionals, was dismissed by the Home Ministry saying the special law was not feasible as health is a state subject, the IMA had said on Thursday.
Climate on agenda as Biden prepares to meet with top financial regulators
Biden issued an executive order in May pushing federal agencies to encourage full disclosure of often-hidden climate-related risks to banks, other financial institutions and the federal government.
Ransomware payment may be allowed tax deductible in US
The IRS, the US body for tax administration, offers no formal guidance on ransomware payments, but multiple tax experts interviewed by The Associated Press said deductions are usually allowed under law and established guidance. It’s a “silver lining” to ransomware victims, as some tax lawyers and accountants put it.
Ransomware has become a multibillion-dollar business, and the average payment was more than $310,000 last year, up 171% from 2019, according to Palo Alto Networks.
India in talks to find ‘middle ground’ with Pfizer, others for vaccine imports: govt official
“We have to find the middle ground,” government advisor Vinod Kumar Paul told the news channel CNBC TV-18 when asked about the progress of talks with Pfizer and Moderna
Any final decision on vaccine imports has to be compatible with Indian laws and the government was hopeful that these vaccines would be available in the country before the end of this year, Paul said.