Category:

Policy

Australia will make it a crime to use coronavirus tracing data for non-health purposes

The federal government has said existing “social distancing” measures will remain until at least mid-May, and that its willingness to relax them will depend on whether people download the smartphone “app” to identify who a person with the illness has had contact with.

The tracing app, which is yet to be released, has raised concerns from legal and privacy advocates who have said the location data it collects may be used by unrelated bodies like law enforcement agencies.

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Govt approval must for all FDIs from neighbouring countries including China

The note states: “A non-resident entity can invest in India, subject to the FDI Policy except in those sectors/activities which are prohibited. However, an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route.”

The new rules will also apply to ‘the transfer of ownership of any existing or future FDI in an entity in India, directly or indirectly,’ the DPIIT has said.

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Health and motor insurance renewal date further extended till May 15

“With a view to mitigate hardship to policyholders whose health&motor (3rd party) insurance policies are due for renewal during lockdown, Govt. has issued a notification allowing policyholders to make payments on or before 15.05.2020 towards renewal of their policies,” said Finance Minister N Sitharaman .

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Coronavirus pandemic: Health Ministry issues guidelines for disinfecting public places, dos and dont’s for elderly

“Exercise and meditate. Take your daily prescribed medicines regularly. Talk to your family members (not staying with you), relatives, friends via call or video conferencing, take help from family members if needed. Postpone your elective surgeries (if any) like cataract surgery or total knee replacement” are some of the dos prescribed by the ministry for the aged.

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Owners need to provide mobile numbers for vehicle registration-related services:Govt

In this regard, a notification was issued last week for amending various forms, the ministry said in a statement.

“These forms pertain to various aspects relating to motor vehicles like, registration, transfer, register of vehicles, renewal, duplicate copy, grant of NOC, change of address, entry or termination entry for hire / purchase / hypothecation, etc,” it said.

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No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance Thakur

Detailing about the denomination of lower-value currencies in circulation as on March 5, he stated that there are 19,624.77 million pieces of Rs 100 notes valued at Rs 1.96 lakh crore; 8,556.84 million for Rs 50 notes valued at Rs 42,784.20 crore; Rs 20 and Rs 10 denomination notes were valued at Rs 16,619.60 crore and Rs 30,510.79 crore, respectively.

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Mega bank merger on track, says Sitharaman amid worry over April 1 deadline

“We are also conscious of extra load on them [banks] in terms of the kind of demands that I put on them. I have asked them to reach out to 400 districts, I have asked them to reach out to MSMEs, restructure their loan. So there is a lot of core banking work, which they are undertaking. I must be conscious of that also. So the merger and the decision taken by respective banks boards are all well taken. We are going as per schedule on that. There is no uncertainty on that. I am on course. There need not be speculation,” she said after unveiling EASE 3.0, the Public Sector Bank (PSB) Reforms Agenda 2020-21 for smart, tech-enabled banking, and the PSB EASE Reforms Annual Report 2019-20.

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