Indian

RBI wants banks to overhaul their risk management system

Jun 12, 2020

The banks have to establish effective communication/coordination with the audit committee to facilitate the exchange of information, effective coverage of all risks, including emerging risks,reputational risks and any needed adjustments to the risk governance framework of the bank,.

No coercive action against pvt firms for non-payment of full wages during lockdown: SC

Jun 12, 2020

The Ministry of Home Affairs (MHA), in its March 29 circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.

India records over 10,000 COVID-19 cases in single day, tally nears 3 lakh: Health Ministry

Jun 12, 2020

Of the 396 new deaths reported till Friday morning, 152 were in Maharashtra, 101 in Delhi, 38 in Gujarat, 24 in Uttar Pradesh, 23 in Tamil Nadu, 12 in Haryana, 10 in West Bengal, nine in Telangana, six in Rajasthan, four each in Madhya Pradesh and Punjab, three each in Bihar and Karnataka, two each in Andhra Pradesh, Assam and Puducherry and one in Jammu and Kashmir.

People’s movement from 9 pm-5 am prohibited; buses, trucks can ply on highways: MHA

Jun 12, 2020

“I would like to clarify that the purpose of restricting movement of individuals, except for essential activities, between 9 pm and 5 am, is primarily intended to prevent congregation of persons and to ensure social distancing,” Union Home Secretary Ajay Bhalla said.

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