Category:

Policy

China launches antitrust probe into tech giant Alibaba

It follows China’s dramatic suspension last month of Ant’s planned $37 billion initial public offering, which had been on track to be the world’s largest, just two days before shares were due to begin trading in Shanghai and Hong Kong.

In a strongly worded editorial, the ruling Communist Party’s People’s Daily said that if “monopoly is tolerated, and companies are allowed to expand in a disorderly and barbarian manner, the industry won’t develop in a healthy, and sustainable way”.

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EU trade deal brings little progress for UK’s giant financial sector

The City of London finance hub secured no special treatment, leaving it on a par with arch rival New York 3,500 miles away as the EU seeks to reduce reliance on UK financial services.
Brussels has only granted financial market access, known as “equivalence”, for two financial activities from Jan. 1, when Britain will have left the EU’s single market.

The Bank of England has said there could be disruption in markets if no further access is allowed.

Just minutes after Britain and the EU hailed their agreement on trade, the bloc’s executive said it wanted a “series of further clarifications” on how Britain will diverge from EU rules after Dec. 31.

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Going forward health would be Govt’s top priority :Sitharaman

Government would look to provide not just buildings for hospitals but the technology and infrastructure apart from improving the availability of doctors and nurses to service the industry.
“Health and investment in health is going to be absolutely critical, not just to keep our lives safer but also to make health and health-related expenditures more predictable, for people not to do it out of pocket,” Sitharaman said.in a virtual address to a Confederation of Indian Industry conference, on Friday

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PIL to control population: Can”t coerce family planning, Centre tells SC

India is witnessing a constant decline in total fertility Rate(TFR), the ministry said, adding that the fertility rate which was 3.2 at the time when National Population Policy was adopted has declined substantially to 2.2 as per the Sample Registration System, 2018.
The NHP sets out indicative, quantitative goals and objectives which includes the achievement of TFR of 2.1 by 2025.
National Health Policy 2017 provides for a policy guidance to inform, clarify, strengthen and prioritise the role of the government in shaping health systems in all its dimensions.

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India could authorise COVID-19 vaccines in weeks, 300 million on priority list

Indian Prime Minister Narendra Modi’s government has identified 300 million people, including healthcare workers, policemen, and citizens above the age of 50, who would be administered a vaccine on a priority basis, health secretary Rajesh Bhushan said.

“Every single Indian who needs to be vaccinated, will be vaccinated,” Bhushan said, adding that the government expected the vaccination process to take over a year to complete.

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MHA guidelines: Local restrictions like night curfew allowed; Prior consultation with Centre needed for any lockdown outside containment zones

The state and UT governments will take all necessary measures to promote COVID-19 appropriate behaviour and to ensure strict enforcement of wearing of face masks, hand hygiene and social distancing. In order to enforce the core requirement of wearing of face masks, authorities may consider administrative actions, including the imposition of appropriate fines, on persons not wearing face masks in public and workspaces.

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India plans to put off parliamentary session due to virus surging in Delhi

The government has begun making moves to delay the winter session of parliament, which usually begins in late November, to avoid the risk of the virus spreading between the hundreds of lawmakers, their staff, visitors and security personnel.

“The government will hold consultations with all the political parties and club the winter session with next year’s budget session,” a government official aware of the plans told Reuters. Parliament’s budget session usually opens at the end of January.

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