India's oil secretary Pankaj Jain said the deadline, as outlined by...
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OpenAI faces new copyright case, from global book publishers in India
The case was filed on behalf of all the federation's members, who...
NHRC faults probe of Foxconn hiring, orders new inquiry
"The commission has no hesitation in stating that the authorities...
RBI concerned over impact of cryptocurrency may have on financial stability: Das
”We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required Parliament also will consider and decide,” Governor Shaktikanta Das said .
Indian traders face ‘absolute havoc’ as bourse suffers four-hour outage
At 11:40 a.m., the NSE shut down completely for trading, leaving traders wondering what would happen to their open positions.
The incident occurred just ahead of the monthly derivatives expiry on the last Thursday of the month, when traders close or roll over their open positions.
“This was an unmitigated disaster because you need to communicate this proactively. Not one person in the market knew they would shut down the exchange,” Varun Khandelwal, director at Bullero Capital, a New Delhi-based proprietary trading firm.
India 2nd biggest target of cyber criminals in Asia Pacific in 2020: IBM
‘No other option’: Deadly India floods bare conflicts from hydropower boom
Whatever the role of climate change, which is rapidly heating the world’s highest mountains, experts say rampant construction is adding to the burden weighing on rural communities across the Himalayas.
Damage to United Boeing 777 engine consistent with metal fatigue: NTSB
The focus is more on engine maker Pratt & Whitney and analysts expect little financial impact on Boeing, but the PW4000 issues are a fresh headache for the planemaker as it recovers from the far more serious 737 MAX crisis. Boeing’s flagship narrowbody jet was grounded for nearly two years after two deadly crashes.
NGT directs NTPC to pay Rs 58 lakh for damaging environment in Uttarakhand
“In view of the above, there is no merit in the appeal as ”Polluter Pays” principle has been rightly invoked for damage to the environment. Accordingly, the appeal is dismissed. The amount of compensation which may be recovered by the state pollution control board may be utilised for restoration of the environment,” the tribunal said.
Workers’ rights under threat as online work surges five-fold – U.N
The ILO found significant inequities in the platform economy, with workers in developing countries earning 60% less than those in developed countries, even after controlling for basic characteristics and types of tasks. More than 70% of taxi drivers reported their average daily number of trips and earnings decreased after a platform took over the market.
After losing a company to COVID, owners seek the next gig
It’s not known how many small businesses have failed in the pandemic, but different estimates all show devastation. Based on a projection last spring by the National Bureau of Economic Research, the number is likely well into the hundreds of thousands. Data from the work scheduling software company UKG shows that about one in six small businesses have closed their doors since the pandemic began. And the National Restaurant Association, a trade group, said 17% of U.S. restaurants, or more than 110,000, had permanently shut by Dec. 1; it’s likely that many were small or mid-sized businesses.
Boeing recommends Airlines suspend use of some 777s after United incident
The National Transportation Safety Board (NTSB) said its initial examination of the plane indicated most of the damage was confined to the right engine, with only minor damage to the airplane.
It said the inlet and casing separated from the engine and two fan blades were fractured, while the remainder of the fan blades exhibited damage.
Japan’s transport ministry ordered Japan Airlines Co Ltd (JAL) and ANA Holdings Inc to suspend the use of 777s with P&W4000 engines while it considered whether to take additional measures.
GIFT City: Modi’s plan to make a Singapore in Gujarat has fallen flat
In hosting an international financial center, Singapore stole a march over rival Hong Kong, where the bankers were initially against more competition. But it wasn’t tall buildings that made the experiment a success. A freely convertible currency, pragmatic regulation, a stable tax regime, rule of law and speedy dispute resolution played a huge role. (Good schools and pubs helped, too.)