Shantikanta Das,Governor, Reserve Bank of India ``I am actually of...
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Govt floats draft bill to amend arbitration law, adds proviso for emergency arbitration
The Department of Legal Affairs in the law ministry has invited...
PM-ABHIM: Rs 64,000 crore healthcare infra project planned
VK Paul,member,Niti Aayog "Under PM-ABHIM, in every block in the...
India witnessing downswing in second wave of COVID-19 cases: Govt
On Pfizer seeking indemnity, Paul said, ”Yes we are engaged with Pfizer and they have indicated the availability of a certain amount of vaccine in the coming months, possibly starting in July and we are looking at what their expectations from the government are and they are looking at what our expectations from them are.
“They have requested indemnity to all the nations including the country of origin. We are examining this request and will take a decision in the larger interest of people and on merits. This is under discussion and there is no decision as of now,” Paul said.
Studies under way to ascertain need for booster Covid vaccine dose: Centre
“If there is a need for a booster dose it will be told. There are studies that are going on. Covaxin trial is going on whether it (booster dose) should be taken after six months or not,” NITI Aayog Member (Health) Dr V K Paul said.
Bank of England to step up drive to encourage new insurers
London is a global hub for insurers, with 190 insurers from the EU continuing to operate under the BoE’s temporary permissions regime ahead of full authorisation.
The Bank is now deciding whether the EU insurers can operate as a less heavily regulated branch or must become a subsidiary under full UK supervision.
FB, Google working on complying with social media rules as deadline looms
The new rules, announced on February 25, require large social media platforms like Twitter, Facebook, Instagram and WhatsApp to follow additional due diligence, including the appointment of a chief compliance officer, nodal contact person and resident grievance officer.
IEA’s urgent fossil fuel warning earns mixed reception from producers
The United States, Britain, Canada, France, Germany, Italy and Japan, plus the European Union, said in a joint statement: “international investments in unabated coal must stop now”.
Air India unions seek forensic audit of PF trusts
”It has come as a shock to all of us unions, many of whom were not involved or aware of the day to day functioning of the Provident Fund trusts of Indian Airlines and Air India that huge losses have been incurred by both trusts, due to questionable investments in companies like ILFS and Dewan Housing, among others, which collapsed,” the unions said in the e-mail, accessed by PTI.
The Forum claims representation of over 10,000 Air India staff members comprising pilots, engineers, cabin crew and ground staff.
Over 500 children orphaned in India due to second wave of Covid
The central government is constantly monitoring all these orphaned children in coordination with the state governments. For the care and well-being of such orphaned children, Rs 10 lakh has been released to each district across the country, through the Non-Institutional Child Care Fund.
WhatsApp sues India govt, says new media rules mean end to privacy -sources
The lawsuit, described to Reuters by people familiar with it, asks the Delhi High Court to declare that one of the new rules is a violation of privacy rights in India’s constitution since it requires social media companies to identify the “first originator of information” when authorities demand it.
While the law requires WhatsApp to unmask only people credibly accused of wrongdoing, the company says it cannot do that alone in practice. Because messages are end-to-end encrypted, to comply with the law WhatsApp says it would have break encryption for receivers, as well as “originators”, of messages.
SC seeks Centre’s reply on pleas for Rs 4 lakh ex-gratia to kin of those who died of COVID-19
Advocate Gaurav Kumar Bansal, who appeared in-person, said that under section 12(iii) of the Disaster Management Act, 2005, every family whose member died due to disaster is entitled for ex-gratia compensation of Rs 4 lakh.
Bansal said that since COVID-19 has been declared as a disaster and as per the order dated April 8, 2015, every family whose member dies due to disaster is entitled for ex-gratia compensation of Rs 4 lakh
Biden directs US federal agencies to mitigate financial risk from climate
An executive order Biden issued Thursday calls for concrete steps to mitigate climate risks, while protecting workers’ life savings, spurring job creation and helping the United States lower greenhouse gas emissions that contribute to climate change.
New regulations could be issued on the banking, housing and agriculture sectors, among others.