Indian
Domestic passenger vehicles sales rise 23 pc to record of 37.93 lakh units in 2022
''The industry wholesales in January to December 2022 were just...
Year-ender 2022: Despite vaccine strides, India not out of Covid-19 shadow yet
"Currently, there are 10 different variants of Covid-19 in the...
Govt plans to increase number of Janaushadhi Kendras to 10,000 by March 2024
Medicines which are priced 50 per cent to 90 per cent less than...
India surpasses 1,50,000 Ayushman Bharat Health and Wellness Centres before Dec 31 deadline
Ayushman Bharat wellness centres aim to provide Comprehensive...
International
China, in major policy shift, announces families can have three children
“To further optimise the birth policy, (China) will implement a one-married-couple-can-have-three-children policy,” Xinhua said in a report on the meeting.
In 2016, China scrapped its decades-old one-child policy – initially imposed to halt a population explosion – with a two-child limit, which failed to result in a sustained surge in births as the high cost of raising children in Chinese cities deterred many couples from starting families. read more
Nestle, under fire over unhealthy products, working on new strategy
China-backed projects in Africa face fierce backlash from environmentalists
“There is no doubt that Chinese commercial actors … have tried to evade environmental requirements,” said Yun Sun, director of the China programme at the Stimson Centre in Washington.
Meanwhile, a senior fellow at Duke University’s Nicholas Institute, said Beijing was not unaware of the potential risks involved with private and state-owned firms operating in belt and road countries.
“Reducing these risks requires more uniformly applied standards and practices on environmental and social issues by China’s outbound actors, which is likely to come only via coherent policy requirements from the top down,” he said.
90 institutional investors sue Nissan over Ghosn’s financial misconduct cases
According to the complaint, the investors who have traded Nissan stocks through financial institutions since June 2011 argue that Nissan stock prices plunged after the company’s then Chairman Ghosn and Greg Kelly, a former Nissan executive, were arrested by Japanese prosecutors in November 2018 for underreporting Ghosn’s remuneration by billions of yen in financial reports over multiple years.
The investors maintain that Nissan could easily have forecast a drop in stock prices due to damaged trust in the company’s accounting and corporate governance if the incident was reported by news media.
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