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Indian
CGHS beneficiaries to get cashless treatment at 6 AIIMS
According to the salient features of this initiative, the CGHS...
Centre considering testing drugs at govt laboratories before exporting
"The CDSCO has submitted that some intervention from the government...
Heat insurance offers climate change lifeline to poor workers in Gujarat
Nonprofit Arsht-Rock Foundation Resilience Center in partnership...
RBI to withdraw Rs 2,000 currency notes from circulation, to remain legal tender
The bank notes in Rs 2,000 denomination will continue to be a legal...
International
Singapore rolls out SPAC rules as global scrutiny rises
A spokesperson from the Monetary Authority of Singapore said the local rules position SGX “as a regional first-mover in serving Asia’s fast-growing new tech and new economy companies’ financing needs,” while providing safeguards for investors.
In other markets, Hong Kong and Indonesia are taking tentative steps for potential SPAC listings, while Britain has eased rules. But such investment vehicles are peaking in popularity in the United States as regulators there clamp down on SPACs after a listing frenzy.
WhatsApp fined $266 mn by Irish regulator over data transparency breaches
Under the three-year-old GDPR law, authorities have powers to fine companies as much as 4% of their annual sales. The rules put watchdogs based in a company’s chosen EU hub in charge of supervising them. But the Irish regulator, which has at least 28 privacy probes open targeting tech giants such as Apple Inc. and Alphabet Inc.’s Google, has faced mounting criticism for taking too long to wrap up its cases.
Weather disasters becoming more frequent and costly, UN agency says
“Thanks to our early warning service improvement we have been able to have a decrease of the casualties at these kind of events, but the bad news is that the economic losses have been growing very rapidly and this growth is supposed to continue,” WMO Secretary-General Petteri Taalas told a press conference.
“We are going to see more climatic extreme because of climate change and this negative trend in climate will continue for the coming decades,” he said.
US govt asks Tesla how Autopilot responds to emergency vehicles
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