Category:

Policy

Fines, jail term for breach of UK’s new Covid-19 travel rules

In a statement to the House of Commons, Health Secretary Matt Hancock unveiled the new rules to come into force from next Monday, which also include two additional compulsory PCR tests on arrival during a 10-day hotel quarantine as part of a 1,750 pounds pre-booked package covering accommodation, transport and testing.

“From Monday, all international arrivals will be required by law to take further PCR tests on day two and day eight of that quarantine,” said Hancock.

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Govt’s disinvestment policy not akin to ‘selling family silver’: FM

Union Finance Minister Nirmala Sitharaman reiterated that the government would have bare minimum presence in the strategic sectors where it is very important for the government to stay.

The Finance Minister who presented her third Budget on February 1 noted that the strategic sectors will not remain totally under the government’s domain and private players too will be allowed in the sectors.

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‘Playing with fire’: Twitter’s India snub sparks debate on compliance, free speech

Twitter initially complied but later restored most of the accounts, citing “insufficient justification” to continue the suspensions. The technology ministry warned the company, in a letter seen by Reuters, of legal “consequences” that could include fines or jail, saying the government was not required to justify its demand to ban accounts.

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DPIIT ‘definitely’ working on new e-commerce policy: Govt official

“Who should be accountable for counterfeit products sold through an e-commerce company. Data is an important issue. The entire data issue will be governed by what actually the data law will be, which is before Parliament. That is why we are not in a hurry to finalise it (the policy)… So, whatever will be the final outcome of that data bill, it will apply to everybody who will deal with data,” the official said a regulator for the sector may come if required.

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RBI holds interest rates steady at record lows as economic outlook improves

“Going forward, the Indian economy is poised to move in only one direction and that is upwards. It is our strong conviction, backed by forecasts, that in 2021/22, we would undo the damage that COVID-19 has inflicted on the economy,” Reserve Bank of India Governor Shaktikanta Das said after announcing the rate decision.

The repo rate or RBI’s key lending rate was held at 4% while the reverse repo rate or its borrowing rate was left unchanged at 3.35%.

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Maharashtra: Uddhav Thackeray launches scheme for startups to help file IT patents

“Our goal is to make the state number one in various skill development schemes and startups. A number of schemes have been undertaken for this purpose and new schemes will be added in the future as well. It has been proposed to set up an international standard Center for Skill Development in Mumbai and courses in ITIs are being updated in a timely manner,” Malik said. 

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