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Indian
LIC IPO: Govt files updated draft papers with Q3 financials
As per the updated financials, the Life Insurance Corporation...
Govt working on classification of cryptocurrency under GST law
'There is a clarity needed in regard to levy of GST on...
Russia-Ukraine war: GIC Re cancels war risk covers for Marine Cargo,Hull and Airlines around affected areas , not to re-issue them with higher premiums
Ukrainian and Russian waters in the Black Sea and the Sea of Azov”...
India’s stray missile put dozens of passenger jets at risk
Several planes passed through the direct trajectory of the missile...
International
India and South Africa ask WTO to waive rules to aid COVID-19 drug production
In their letter dated Oct. 2 the two countries called on the global trade body to waive parts of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which governs patents, trademarks, copyright and other intellectual property rules globally.“As new diagnostics, therapeutics and vaccines for COVID-19 are developed, there are significant concerns (over) how these will be made available promptly, in sufficient quantities and at (an) affordable price to meet global demand,” the letter posted on the Geneva-based WTO’s website says.
Global stocks rise as signs of Trump’s improving health calm markets
Doctors treating Trump say they are pleased with his progress. Relief about his health could fuel a rally in equities and other risky assets as investors prepare for the run-up to next month’s U.S. presidential election.
Investors around the world were stunned late Thursday after Trump announced that he and the first lady had tested positive for coronavirus.
London transport regulator strips Ola’s operating licence over public safety failings
Transport for London (TfL) said in a statement that it refused to grant Ola, a Softbank-backed operator, a new London private hire vehicle (PHV) operator’s licence as it “cannot find it fit and proper to hold one after discovering a number of failures that could have risked public safety.”
TfL’s decision came days after Uber won a legal bid to restore its London operating licence, which was taken away over safety concerns, after a judge ruled that the company was a fit and proper operator despite “historical failings”.
Coal baron seeks US benefits to treat his black lung disease:Report
Murray, an ally of President Donald Trump, filed a claim with the Department of Labor seeking to access federal benefits to treat his disease, which is caused by prolonged exposure to coal dust, Ohio Valley ReSource, a National Public Radio affiliate, reported on Thursday.
The Black Lung Disability Trust Fund is funded through a $1.10 per ton excise-tax on production of underground coal but runs a massive debt and is at risk of insolvency, according to the U.S. General Accountability Office.
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