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Indian
50 pc applications for cyclone Yaas relief in Bengal rejected as ‘bogus’: Official
According to a state government notification, someone whose agricultural land has suffered damaged by Yaas would get anything between Rs 1,000 and Rs 25,000.
Any affected farmer cultivating betel leaf and a person who lost his cattle in the calamity are entitled to a compensation of Rs 5,000 and Rs 30,000 respectively.
The notification further said that the state would pay a compensation of Rs 5,000 for partially damaged mudhouses and Rs 20,000 for fully damaged ones.
The race to become the vanguard of India’s stock market is on
After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April.
Passive products now account for nearly a quarter of equity assets under management versus about 16% two years ago, data from the Association of Mutual Funds in India show. That compares to more than 50% in the U.S.
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report
New rules limiting flash sales, barring misleading advertisements and mandating a complaints system, among other proposals, could force the likes of Amazon and Flipkart to review their business structures, and may increase costs for domestic rivals including Reliance Industries’ JioMart, BigBasket and Snapdeal.
FPIs invest Rs 13,269 cr in Indian markets
International
Deadly African Swine Fever now `Endemic’ in 2 regions of China: UN
The virus that causes the disease is entrenched among pig populations in the autonomous regions of Tibet and Xinjiang Uygur, the Food & Agriculture Organization in Rome said in a report Thursday. Diseases that are endemic, or generally present, are more difficult to stamp out by quarantining and culling diseased and vulnerable livestock.
Weinstein, accusers reach tentative $44 million deal, WSJ
Weinstein, who won plaudits and awards through his company and another studio, Miramax, for movies including “Shakespeare in Love,” “Pulp Fiction” and “The King’s Speech, fell from grace after more than 70 women, mostly young actresses and others in the movie business, accused him of sexual misconduct dating back decades.
As many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season
The hurricane season will be closely watched because of its potential to take a heavy human toll as well as rattle oil and gas markets across the globe. Over the past two years, storms including Michael, Irma and Harvey led to scores of deaths and over $250 billion in damages. They have also sent U.S. gasoline prices surging, shifted global crude and fuel flows, disrupted production in the energy-rich Gulf Coast and threatened crops.
Britain may go for a hard Brexit as May quits
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