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Here is a masonry blog layout with no sidebarEPFO mulling new pension scheme for formal workers getting over Rs 15K basic wage
''There has been demand for higher pension on higher contributions among the members of the Employees' Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic wages are more...
ICAO enhances UN cooperation to advance counter-terrorism initiatives in international civil aviation
It is additionally expected to maximize related deliverables to Member States in a variety of areas of ICAO/UNOCT focus, including initiatives pertaining to unmanned aircraft systems (drones) and cybersecurity Montréal: Juan Carlos Salazar, Secretary...
RBI-appointed administrator invites bids for resolution of Reliance Capital
Reliance Capital has two insurance companies, Reliance General Insurance and Reliance Nippon Life Insurance Company, as subsidiaries Mumbai: As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of...
IndiGo takes delivery of first Airbus plane operating on sustainable fuel
In a statement, Ronojoy Dutta, Chief Executive Officer, IndiGo said, We are pleased to take delivery of this Airbus aircraft which will run on sustainable aviation fuel (SAF), as part of our journey towards sustainable aviation" IndiGo had in July 2021 said it aims to...
Global Covid-19 caseload rises to 422.8 mn, fatalities at 5.88 million
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 78,457,081 and 934,951, according to the CSSE The second worst hit country in terms of cases is India (42,780,235 infections and 510,905 deaths), followed by Brazil...
Govt to launch ‘Meri Policy Mere Hath’, to deliver crop policies at farmers doorstep
Pradhan Mantri Fasal Bima Yojana (PMFBY) enters its 7th year of implementation Over 36 crore farmer applications have been insured under PMFBY Over Rs. 1,07,059 crores of claims have already been paid under the scheme Around 85% of the farmers enrolled with the scheme...
Assam becomes first state to launch night navigation mobile app in rivers
The night navigation mobile application was developed by the transport department in association with K Raju, the principal scientist of IIT Madras and will survey the draft of the rivers, the spokesperson said. Guwahati: The first night navigation mobile application...
SC sets aside SAT’s “aiding and abetting corruption’ remarks against former IRDA member Joseph
Aggrieved by a SAT order, the IRDAI and its former member PJ Joseph had filed an appeal in the SC ,which the insurance regulator claimed was issued without giving it a proper hearing. The other parties in the long drawn case are few insurance brokers including Atkins...
Nasdaq sinks into ‘Death Cross’ for first time since April 2020
“When you hear ‘death cross’ your antenna goes up,” Jay Woods, chief market strategist at DriveWealth Institutional, said in a phone interview. “It doesn’t always mean doom and gloom is coming. It just means we’ll likely be in a more extended downtrend.” With...
G20 says global corporate tax deal should go live next year
Years of negotiations culminated last October when nearly 140 countries reached a deal on a minimum tax rate of 15% on multinationals and agreed to make it harder for companies like Google, Amazon and Facebook to avoid tax by booking profits in low-tax jurisdictions...
India needs to focus on care infra for kids and seniors: Indra Nooyi
Indra Nooyi, former chief executive, Pepsi Nooyi said families are “fragile” systems and if something happens to anyone in it, there will be economic trouble because sufficient money is not set aside and in such a scenario, the obvious impact will be delayed child...
G20 finance leaders dilute geopolitical risks reference in communique
Their statement instead said: "We will also continue to monitor major global risks, including from geopolitical tensions that are arising, and macroeconomic and financial vulnerabilities." G20 finance leaders on Friday watered down language on global economic risks...
U.S. adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list
U.S. government's latest "notorious markets" list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy, said U.S. Trade Representative U.S. adds e-commerce sites...
Sebi moots new disclosure framework for IPOs of loss-making cos
The move comes against the backdrop of many new age companies, that do not have a track record of having an operating profit at least in the preceding three years, tapping the Initial Public Offering (IPO) route to raise funds New Delhi: Markets watchdog Sebi on...
EU files case at WTO against China over protection of patents
Brussels: Since August 2020, Chinese courts have been issuing decisions - known as "anti-suit injunctions" - to exert pressure on EU companies with high-tech patents and to prevent them from rightfully protecting their technologies, the EU said The European Union (EU)...
WHO calls for cooperation to face of common threats from Covid-19 pandemic
Tedros Adhanom Ghebreyesus,Director-General,World Health Organization Tedros recalled that 70,000 people were dying each week from a preventable and treatable disease; that 83 per cent of the population in Africa was yet to receive a single Covid-19 vaccine dose; and...
EV charging stations expand 2.5 times in 9 cities including Delhi, Mumbai
Efforts by the government resulted in 2.5 times increase in charging stations in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai in the last four months, a power ministry statement stated According to the statement, additional 678...
Allianz announces big bonus cuts for its CEO and board
The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a shadow over Germany's most valuable financial firm and one of the world's largest asset managers. Baete's pay package in 2020 totalled 6.39 million euros,...