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Indian

A third of India Inc sees deterioration in financial health in June qtr: Report

A falling GST compliance score clearly indicates that the financial health of nearly one-third of businesses being monitored deteriorated in Q1 of FY22, suggesting higher risk levels in the quarter, said Kaushal Sampat, co-founder of Rubix, which is an analytics-based B2B risk management and monitoring platform.

Govt ready to do everything required to revive economy, push growth: FM

Despite disturbances for political purposes, the finance ministry and corporate affairs ministry alone got seven important bills, including DICGC Amendment Bill 2021, Factoring Regulation (Amendment) Bill, 2021, Insolvency and General Insurance Business (Nationalisation) Amendment Bill, 2021, cleared in Parliament.

She also assured the industry that the government’s commitment to disinvestment and privatisation announced in the Budget 2021-22 will be met.

Doctors, public health experts emphasise importance of consumer-friendly food, beverage warning labels

Dr Madhukar Mittal (Additional Professor, Department of Endocrinology, All India Institute of Medical Sciences (AIIMS), Jodhpur) stated that the evidence linking consumption of processed and packaged foods high in salt, sugar and fats – otherwise known as nutrients of concern – to diabetes, heart disease and various forms of cancer is irrefutable.

He further stated that “India is fast emerging as the diabetes capital of the world. Obesity is on the rise. The entire food system must act now to safeguard people’s health. The food industry tends to make its food products more palatable by adding excess sugar or salt. As a result, we are consuming unnatural levels of these harmful ingredients – far exceeding the recommended thresholds.”

Airlines can operate maximum of 72.5 pc pre-Covid domestic flights: Govt

The carriers have been operating 65 per cent of their pre-Covid domestic flights since July 5 according to the ministry’s order. Between June 1 and July 5, the cap was at 50 per cent.

The ministry issued a fresh order on Thursday, wherein it modified the July 5 order stating that ”65 per cent capacity may be read as 72.5 per cent capacity”.

International

At least 67 dead in avalanches in Pakistan, India: government officials

In what is set to raise concerns over the ongoing climate change, warmer winters and early spring in recent decades have led to an increase in the frequency of snow avalanches in the Western Indian Himalayas, said a recent study published in the official scientific journal of US-based National Academy of Sciences.

Rumbling volcano shuts down Philippine capital

“The speed of escalation of Taal’s volcanic activity caught us by surprise,” Maria Antonia Bornas, chief science research specialist at the Philippine Institute of Volcanology and Seismology, told reporters.

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