as Singapore warns against fake news as cases crosses 15,000 By www.mid-day.com Published On :: 30 Apr 2020 01:30:17 GMT As 690 new COVID-19 cases were reported on Wednesday, Singapore warned against spreading fake news and videos about migrant workers, saying this could disturb the law and order situation in dormitories where a large number of foreign workers have tested positive. A total of 15,641 people, including 12,183 migrant workers, have contracted the virus in the city-state so far. Law and Home Affairs Minister K Shanmugam warned that such videos can lead to serious law and order incidents. He said the authorities are watching individuals who spread the videos "very carefully". Warning those spreading fake news maliciously, he said, they will be charged if a crime was committed. Hundreds of thousands of foreign workers have been barred from leaving their cramped dormitories to curb the spread of COVID-19, according to a Channel News Asia report on Wednesday. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as US COVID-19 deaths toll surpasses American fatalities in Vietnam War By www.mid-day.com Published On :: 30 Apr 2020 02:11:15 GMT The US became the first country in the world to have more than one million cases of the novel Coronavirus. It accounts for nearly one-third of the 3.1 million cases globally on Tuesday, while the fatalities spiked to over 58,300, exceeding the number of American soldiers who lost their lives in the two-decade-long Vietnam War. 'We're coming back strong'According to the US National Archives, 58,220 American soldiers died in the Vietnam conflict, which began in 1955 and ended in 1975. With 58,355 deaths so far, the US also accounts for one-fourth of the over 2,13,000 global fatalities. "We continue to pray for the victims as well as for those Americans who are grieving their lost ones and their loved ones. There's never been anything like this. We suffer with one heart but we will prevail. We are coming back, and we're coming back strong," US President Donald Trump said at the White House during his remarks on the Paycheck Protection Programme. "Now that our experts believe the worst days of the pandemic are behind us, Americans are looking forward to the safe and rapid reopening of our country," he said. "Throughout this ordeal, millions of hard-working Americans have been asked to really make tremendous, tremendous sacrifices. It is sacrifices like nobody thought would even be possible; nobody thought we would ever be talking about something like this," Trump said. Meanwhile, several states have initiated the process to reopen their economies. Some states reopenIn California, Governor Gavin Newsom outlined the phased reopening of his state."We are not going back to the way things were until we get to immunity or a vaccine. We will base reopening plans on facts and data, not on ideology. Not what we want. Not what we hope," he told reporters. More than 1,800 people have died due to the coronavirus in California so far. Schools and colleges, he said, could start in July-August. Texas Governor Greg Abbott has also announced first phase reopening of the state. Tennessee on Monday allowed reopening of restaurants and later this week retail outlets could resume their businesses. Pennsylvania has announced three-phase reopening of the state beginning May 3. The US, Trump said, is opening up again. 58,355No. of deaths due to COVID-19 in America 58,220No. of US soldiers killed in two-decade-long war People visit Yellow Crane Tower after it reopened to the public in China's Wuhan, the epicentre of the COVID-19 outbreak, on Wednesday. Pic/AFP China's parliament to meet on May 22 China on Wednesday said it will hold from May 22 its annual parliament session, signalling that the pandemic that paralysed the country for over three months is finally under control. The third session of the 13th National People's Congress, which was to be held from March 5, was postponed for the first time ever due to the COVID-19 outbreak. After rolling out exit plan, Spain sees spike With 325 new deaths, Spain on Wednesday witnessed a slight rebound in fatalities, a day after Prime Minister Pedro Sanchez announced his plan to ease the COVID-19 lockdown. Individual exercise, haircuts and other personalised services with an appointment will be allowed from Saturday. COVID-19 has killed 24,275 Spaniards and infected over 2,12,000. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Donald Trump says plan afoot to reopen America as deaths top 60,000 By www.mid-day.com Published On :: 1 May 2020 07:59:47 GMT President Donald Trump said on Wednesday the federal government will not be extending its COVID-19 social distancing guidelines once they expire Thursday, and his son-in-law and adviser, Jared Kushner, predicted that by July the country will be "really rocking again." Trump to fly out next week Trump said he plans to resume out-of-state travel after spending over a month mostly cooped up in the White House, starting with a trip to Arizona next week. And he said he's hoping to hold mass campaign rallies in the coming months with thousands of supporters, even though medical experts have said there is little hope of having a vaccine by then. Trump delivered his daily upbeat update on Wednesday, putting a positive face on the latest grim numbers — the death toll in the US on Wednesday crept past 60,000, a figure that he in recent weeks had suggested might be the total death count. 35 states' reopening plan out "We mourn... every life tragically lost to the invisible enemy. And we are heartened that the worst of the pain and suffering is going to be behind us," Trump said. As many as 35 of the 50 US states affected by the pandemic have unveiled formal reopening plans, as President Donald Trump expressed confidence that "much better days" are ahead for the country that has been hit hard by the "invisible enemy". So far, the virus has killed 61,670 Americans and infected 1,064,737 others. Globally, the virus has killed 2,29,182 people and infected 3,244,586 others.Agencies Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Coronavirus Outbreak: Drivers stop to pick up spilled face masks, cause huge traffic jam By www.mid-day.com Published On :: 2 May 2020 06:12:42 GMT With the Coronavirus outbreak wreaking havoc across the globe with millions of people being infected and scores of lives claimed, government have made wearing face masks mandatory for people. The decision has made face masks a prized commodity for people. Traffic in California came to brief halt after drivers had stopped to pick up face masks that were littered on the road. Although it is not clear how the masks ended up spilled on the highway, CBS reported that a man was spotted throwing boxes of masks on the road from a white truck. The California Highway Patrol-Hayward posted pictures of the incident on their Facebook page where scores of masks were found lying on the southbound lanes of Interstate 880. “Multiple individuals stopped in lanes and stepped out of their vehicles to pick up masks,” read the post, adding that debris has been cleared and the lanes were opened. The post also appealed drivers not to step out of their vehicle on an active freeway. Many users commenting on the post criticized the driver who reportedly threw the mask on the road, instead of donating it. One user said, “Just terrible! That person has no respect.” Another user said, “The highway does not have a need for medical masks. Therefore, I would have donated to an entity that did! A user said, “What a waste of something necessary now.” Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
as Undermining intel, Donald Trump claims he has proof virus is from Wuhan lab By www.mid-day.com Published On :: 2 May 2020 06:35:04 GMT US President Donald Trump on Thursday threatened new tariffs against Beijing as he claimed to have seen evidence linking the novel Coronavirus to a lab in China's ground-zero city of Wuhan. Trump's comments undercut a rare public statement from his own intelligence community on Thursday which stated no such assessment has been made by them whether the COVID-19 outbreak began through contact with infected animals or if it was the result of an accident at a laboratory in Wuhan. 'I have evidence' At his daily White House briefing on COVID-19 on Thursday, Trump was asked by a reporter: "Have you seen anything at this point that gives you a high degree of confidence that the Wuhan Institute of Virology was the origin of this virus?" "Yes, I have. Yes, I have," Trump said. He, however, refused to provide any details, except for saying that investigations are on and it would be out soon. Asked what gave him a high degree of confidence that the virus originated from the WIV, he said, "I can't tell you that. I'm not allowed to tell you that." The Office of the Director of National Intelligence said on Thursday it concurs with the "wide scientific consensus" regarding COVID-19's natural origins. The US has 1,069,400 confirmed cases of COVID-19. WHO blamed for pandemic Trump also blamed the World Health Organisation for the pandemic. "I think the WHO should be ashamed of themselves because they're like the public relations agency for China," he said. Trump, however, did not hold his Chinese counterpart Xi Jinping responsible for the global outbreak. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Coronavirus outbreak: China reports only 1 new COVID-19 case By www.mid-day.com Published On :: 3 May 2020 01:50:09 GMT China, where the deadly coronavirus first emerged in December last, reported just one COVID-19 case, the National Health Commission (NHC) said on Saturday. The death toll remained at 4,633 with no new fatality. As of Friday, the total confirmed cases on the mainland were 82,875. As many as 77,685 patients have been recovered, the NHC said. One new imported coronavirus case was reported on Friday with no new local infection, it said. China has reported a total of 1,671 imported COVID-19 cases, including seven in critical condition. The Hubei province and its capital Wuhan, the epicentre of the virus, have not reported any coronavirus case for 28 consecutive days since April 4, local health commission said on Saturday. Hubei also lowered its COVID-19 emergency response from the highest level to the second-highest on Saturday. The lowering of the emergency level shows a major breakthrough in Hubei's prevention and control against the coronavirus, Hubei Vice-Governor Yang Yunyan told media. Meanwhile, 20 new asymptomatic cases were reported on Friday, taking the total number of such patients to 989. Asymptomatic cases refer to people who are tested COVID-19 positive but develop no symptoms such as fever, cough or sore throat. However, they pose a risk of spreading the disease to others. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Russia reports record 10K new cases By www.mid-day.com Published On :: 4 May 2020 02:33:33 GMT Russia reported more than 10,000 new cases of coronavirus infections on Sunday, the first time the country's daily tally reached five figures."More than half of the 10,633 new cases reported were in Moscow, where concern is rising about whether the capital's medical facilities will be overwhelmed. Russia has recorded more than 1,34,000 coronavirus infections overall and 1,420 deaths." 150 test positive in KabulAfghanistan's public health ministry announced Sunday that 500 random Coronavirus tests in the capital revealed more than 150 positive results, raising fears that the virus may be spreading faster than originally thought. Ministry spokesman Wahid Mayar called the results from Kabul "concerning" and said people must remain in their homes to slow the spread. He said the country's actual infection rate would likely increase as testing becomes more available. Afghanistan has thus far taken close to 12,000 samples, of which over 2,700 have been positive, and 85 have died. Kabul and most other cities are in lockdown. Afghanistan has also received more than 250,000 refugees who have returned from Iran, the country hardest hit by coronavirus in the region. There are growing fears that the country's health care system, devastated by four decades of war, will be woefully unprepared for a major outbreak. Pakistan's COVID-19 tally crosses 19,000 Pakistan's COVID-19 tally crossed 19,000 on Sunday after 989 new patients were diagnosed in the past 24 hours. The Ministry of National Health Services said 23 patients died in this period, taking the total toll to 440. The authorities so far have conducted 2,03,025 tests, including 8,716 in the last 24 hours. Prime Minister Imran Khan on Saturday said he was not sure when the anti-COVID-19 vaccine will be available and expressed fears that "we may have to live with the virus for six months or (even) a year". He said the war against the pandemic can be won by wisdom and not by using force to shut down the masses. 657 more infected in Singapore Singapore on Sunday recorded 657 new cases, over 600 of whom are foreign workers, taking the total number of COVID-19 infections to 18,205. "The number of cases among migrant workers has been fluctuating in recent days due to clearance of backlogged cases by one laboratory," the Health Ministry said. Singapore will allow some businesses to reopen from May 12. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Emerging from lockdown: '46 days in the house was enough' By www.mid-day.com Published On :: 4 May 2020 02:42:44 GMT From the US to Europe and Asia, people in many parts of the world are emerging from their homes as virus-related restrictions begin to ease and springtime temperatures climb. Chinese were flocking to tourist spots, many newly reopened, after a relaxation of domestic travel restrictions ahead of a five-day holiday that runs through Tuesday. Nearly 1.7 million people visited Beijing parks on the first two days of the holiday, and Shanghai's main tourist spots welcomed more than a million visitors, according to Chinese media reports. Many spots limited the number of daily visitors to 30 per cent of capacity or less, keeping crowds below average. Masks were worn widely, from runners in Spain to beach-goers in the southern US. "It's great to have an audience after all these weeks," saxophonist Julia Banholzer, a native of Germany, said. New Jersey reopened state parks, though several had to turn people away after reaching a 50 per cent limit in their parking lots. Margie Roebuck and her husband were among the first on the sand at Island Beach State Park. "Forty-six days in the house was enough," she said. In Spain, many ventured out Saturday for the first time since a lockdown began on March 14. "I feel good, but tired. You sure notice that it has been a month and I am not in shape," Cristina Palomeque said in Barcelona. Prime Minister Pedro Sánchez asked citizens to remain vigilant. COVID-19 has caused over 25,100 deaths in Spain. The divide in the US between those who want lockdowns to end and those who want to move cautiously extended to Congress. The Republican-majority Senate will reopen Monday, while the Democrat-controlled House of Representatives stays shuttered. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Coronavirus Outbreak: Australia's Qantas extends flight cancellations By www.mid-day.com Published On :: 5 May 2020 05:46:57 GMT Australian flag carrier, Qantas on Tuesday extended international flight cancellations till the end of July, but said that it was in a strong position to endure disruptions caused by the COVID-19 pandemic. The company said that domestic flights would be cancelled till the end of June and international services until the end of July, adding that domestic and trans-Tasman services could be quickly reinstated should restrictions ease in coming weeks, reports Xinhua news agency. "Australia has done an amazing job of flattening the curve and we're optimistic that domestic travel will start returning earlier than first thought, but we clearly won't be back to pre-coronavirus levels anytime soon," Group CEO Alan Joyce said. "With the possible exception of New Zealand, international travel demand could take years to return to what it was." The company, which includes budget branch Jetstar, also revealed it had secured a further A$550 million ($354 million) in debt funding, placing it in a stronger position to endure the COVID-19 crisis. According to Qantas, by reducing expenditure and borrowing against its fleet of aircraft, the company could survive several recovery scenarios, including one where current travel restrictions persisted until December 2021. The reduction in expenditure is largely due to the standing down of more than 25,000 staff who were forced to use leave entitlements before receiving delayed financial assistance from the government. "The impact of this stand down is deeply regrettable but has been greatly softened by the Australian Government's JobKeeper program, which the Group commenced paying several weeks ahead of the official payment start date," the airline said in a statement. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Vijay Mallya appeals to UK Supreme Court as last ditch effort to prevent extradition to India By www.mid-day.com Published On :: 5 May 2020 06:00:57 GMT As a last ditch effort to prevent his extradition to India, embattled liquor baron Vijay Mallya on Monday filed an application in UK Supreme Court to prevent implementation of an earlier order that made his return to India imminent. The application came after a gap of almost two weeks after the London High Court on April 20 rejected a similar application and ordered his extradition to India to face enforcement authorities there in connection with a Rs 9,000 crore bank fraud and money laundering case involving his now defunct Kingfisher Airlines. The UK Supreme Court is expected to hear the matter later this week. Legal experts said that if the application is rejected by Supreme Court as well, then UK Home Secretary would have to sign on Mallya's extradition papers within 28 days. Mallya's application in Supreme Court came on the last day when such an appeal could be made in the top court. The 64-year-old businessman was given 14 days to file such an application against the order of High Court. The high court dismissed his appeal against a Westminster Magistrates' Court extradition order certified by the UK Home Secretary. Legal experts quoted above said it is unlikely for Mallya to get a reprieve from Supreme Court as it would only look as constitutional issues and may not tamper with high court's order if other aspects are in order. This should be music to the ears of enforcement agencies in India who have been waiting for a long time get hold of the fugitive businessman. The ED has attached several properties of Mallya in the last few years under sections of the Prevention of Money Laundering Act. Mallya is being investigated by the CBI and the Enforcement Directorate in connection with the loan fraud case. He was arrested by the UK authorities on April 20, 2017 on the request of the Indian investigative agencies. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Israel's biological Institute completes development phase of COVID-19 antibody By www.mid-day.com Published On :: 6 May 2020 03:55:56 GMT Israeli Defence Minister Naftali Bennett on Monday said he witnessed a "significant breakthrough" by the country's biological research institute in developing an antibody to COVID-19 infection. Bennett visited the labs of the Israel Institute for Biological Research (IIBR), a secretive unit that works under the Prime Minister's Office, in Ness Ziona and was briefed by the research team, who revealed that the development phase of COVID-19 antibody or passive vaccine that attacks the virus and neutralizes it in the body has been complete, his office said in a statement cited by The Jerusalem Post. IIBR is now working to patent its antibody and secure a contract for its commercial development. All legal procedures will be coordinated with the Defence Ministry. "I am proud of the Biological Institute staff, who have made a major breakthrough," Bennett was quoted as saying. "The Jewish creativity and ingenuity brought about this amazing achievement," he added. Last month, IIBR announced that it had begun testing its antibody-based vaccine prototype on rodents. IIBR is also involved in plasma collection from people who have recovered from infection with the new coronavirus, in the hope that this might help research, the Post reported further. A second Israeli research team, MigVax, has also reported that it is close to completing the first phase of development of a coronavirus vaccine. Last week, it secured a USD 12 million investment from OurCrowd to accelerate the path to clinical trials. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as Disneyland in Shanghai to reopen on May 11 as cases dip By www.mid-day.com Published On :: 7 May 2020 02:10:57 GMT The Disneyland theme park in Shanghai will reopen on May 11 under "enhanced health and safety measures," the firm said. Only limited attendance will be allowed initially, and visitors will need to book tickets and make reservations in advance. Social distancing will be maintained in lines for amenities, in restaurants, on rides and other facilities and sanitisation and disinfection will be boosted, it added. With warmer weather and new virus cases and deaths falling to near-zero, China has been steadily re-opening, parks, museums and tourist sites such as the Great Wall of China and the Forbidden City ancient palace complex in Beijing. China has reported two confirmed cases and 20 new asymptomatic infections. China asks US for proofChina on Wednesday dared US Secretary of State Mike Pompeo to show "enormous evidence" he claimed to have to prove that the virus originated from a lab in Wuhan and said he has no proof to back up his claims. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as UNICEF: At 20.1 million, India expected to have highest births since COVID-19 declared as pandemic By www.mid-day.com Published On :: 7 May 2020 08:10:20 GMT India is projected to record the highest number of births in the 9 months since COVID-19 was declared a pandemic in March, with more than 20 million babies expected to be born in the country between March and December, according to top UN body. The United Nations Children's Fund (UNICEF) warned that pregnant mothers and babies born during the pandemic across the world were threatened by strained health systems and disruptions in services. An estimated 116 million babies will be born under the shadow of COVID-19 pandemic, UNICEF said on Wednesday, ahead of Mother's Day, observed on May 10. These babies are projected to be born up to 40 weeks after COVID-19 was recognised as a pandemic on March 11. The highest numbers of births in the 9 months since the pandemic was declared are expected to occur in India, where 20.1 million babies are projected to be born between March 11 and December 16. Other countries with the expected highest numbers of births during this period are China (13.5 million), Nigeria (6.4 million), Pakistan (5 million) and Indonesia (4 million), it said. "Most of these countries had high neonatal mortality rates even before the pandemic and may see these levels increase with COVID-19 conditions," UNICEF said. It is estimated that there will be 24.1 million births in India for the January-December 2020 period. UNICEF warned that COVID-19 containment measures can disrupt life-saving health services such as childbirth care, putting millions of pregnant mothers and their babies at great risk. Even wealthier countries are affected by this crisis. In the US, the sixth highest country in terms of expected number of births, over 3.3 million babies are projected to be born between March 11 and December 16."New mothers and newborns will be greeted by harsh realities," UNICEF said, adding they include global containment measures such as lockdowns and curfews; health centres overwhelmed with response efforts; supply and equipment shortages; and a lack of sufficient skilled birth attendants as health workers, including midwives, are redeployed to treat COVID-19 patients. "Millions of mothers all over the world embarked on a journey of parenthood in the world as it was. They now must prepare to bring a life into the world as it has become ¿ a world where expecting mothers are afraid to go to health centres for fear of getting infected, or missing out on emergency care due to strained health services and lockdowns," UNICEF Executive Director Henrietta Fore said. "It is hard to imagine how much the coronavirus pandemic has recast motherhood" Fore said.UNICEF said its analysis was based on data from World Population Prospects 2019 of the UN Population Division. An average full-term pregnancy typically lasts a complete 9 months, or 39 to 40 weeks. For the purposes of this estimate, the number of births for a 40-week period in 2020 was calculated. The 40-week period of March 11 to December 16 is used in this estimate based upon the WHO's March 11 assessment that COVID-19 can be characterised as a pandemic. UNICEF warned that although evidence suggests that pregnant mothers are not more affected by COVID-19 than others, countries need to ensure they still have access to antenatal, delivery and postnatal services. Similarly, sick newborns need emergency services as they are at high risk of death. New families require support to start breastfeeding, and to get medicines, vaccines and nutrition to keep their babies healthy, it said. "This is a particularly poignant Mother's Day, as many families have been forced apart during the coronavirus pandemic, but it is also a time for unity, a time to bring everyone together in solidarity. We can help save lives by making sure that every pregnant mother receives the support she needs to give birth safely in the months to come," Fore said. Issuing an urgent appeal to governments and health care providers to save lives in the coming months, UNICEF said efforts must be made to help pregnant women receive antenatal checkups, skilled delivery care, postnatal care services, and care related to COVID-19 as needed. Ensure health workers are provided with the necessary personal protective equipment and get priority testing and vaccination once a COVID-19 vaccine becomes available so that can deliver high quality care to all pregnant women and newborn babies during the pandemic, it said. While it is not yet known whether the virus is transmitted from a mother to her baby during pregnancy and delivery, UNICEF advised all pregnant women to follow precautions to protect themselves from exposure to the virus. Closely monitor themselves for symptoms of COVID-19 and seek advice from the nearest designated facility if they have concerns or experience symptoms. Pregnant women should also take the same precautions to avoid COVID -19 infection as other people: practice physical distancing, avoid physical gatherings and use online health services, it said. UNICEF said even before COVID-19 pandemic, an estimated 2.8 million pregnant women and newborns died every year, or 1 every 11 seconds, mostly of preventable causes.The agency called for immediate investment in health workers with the right training, who are equipped with the right medicines to ensure every mother and newborn is cared for by a safe pair of hands to prevent and treat complications during pregnancy, delivery and birth. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. 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as Coronavirus outbreak: Suspend H-1B visas for a year By www.mid-day.com Published On :: 9 May 2020 03:56:36 GMT Four top Republican senators have urged President Donald Trump to suspend all new guest worker visas for 60 days and certain categories of new guest worker visas, including the H-1B, for at least a year or until unemployment figures return to normal levels in the US amidst the coronavirus pandemic. The pandemic, which has so far claimed 76,000 lives and infected over 1,256,000 in the US, has ravaged the labour market, and 1 in 5 American workers have filed for first-time unemployment benefits since mid-March, when the lockdown hit businesses across the country, the world's largest economy. 1/5th workforce out of work The letter to president Trump, dated May 7, has been signed by Senators Ted Cruz, Tom Cotton, Chuck Grassley and Josh Hawley. "More than 33 million Americans have filed for unemployment coverage just since mid-March, and approximately one-fifth of the American workforce is currently out of work. "This is a stunning difference compared with the historically-low nationwide unemployment rate of just 3.5 per cent in February this year," the senators said in their letter. "To protect unemployed Americans in the early stages of economic recovery, we urge you to suspend all non-immigrant guest worker visas for the next 60 days," the senators said. 'Suspend EB-5 visa too' "That suspension should, at a minimum, include H-2B visas (non-agricultural seasonal workers), H-1B visas (specialty occupation workers) and the Optional Practical Training programme (extension of foreign student visas after graduation). We also urge you to suspend the EB-5 immigrant visa programme, effective immediately," the lawmakers wrote. The H-1B work visa for foreign technology professionals is highly popular among Indians and a large number of Indians also opt for the EB-5 investors visa. Worst monthly record The US unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. The collapse of the job market has occurred with stunning speed. The government's report Friday noted that many people who lost jobs in April but didn't look for another one weren't even counted in the unemployment rate. The impact of those losses was reflected in the drop in the proportion of working-age Americans who have jobs: Just 51.3%, the lowest on record. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
as European Innovation Council - Additional €150 million for the European Innovation Council to fund breakthrough ideas tackling coronavirus By ec.europa.eu Published On :: Thu, 30 Apr 2020 00:00:00 GMT [Source: Research & Innovation] The European Innovation Council (EIC) Accelerator Pilot will work with an extra €150 million to support game-changing innovations to tackle the coronavirus crisis. The additional budget, approved by the European Commission today, will fund the best start-ups and SMEs who applied under the March cut-off. Full Article
as Research Headlines - Biosensing test to transform disease diagnosis and monitoring By ec.europa.eu Published On :: Tue, 05 May 2020 00:00:00 GMT [Source: Research & Innovation] EU-funded researchers have developed an ultrasensitive test to rapidly, accurately and cost-effectively diagnose disease, underpinned by innovative biosensing technology that could help combat the COVID-19 pandemic, HIV and cancer. Full Article EUBudget4Results
as Demonstration of innovative technologies towards a more efficient and sustainable plastic recycling - polynSPIRE - 14 May 2020 By ec.europa.eu Published On :: Wed, 06 May 2020 00:00:00 GMT [Source: Research & Innovation] Polymer Comply Europe (PCE) is pleased to announce its next live webinar on the polynSPIRE project “Demonstration of innovative technologies towards a more efficient and sustainable plastic recycling”, organised on behalf of European Plastics Converters (EuPC) and the polynSPIRE project. The live webinar will focus on recycling and redesigning the plastics value chain are essential in reusing plastic waste material and avoiding landfill. Webinar agenda: Welcome & Introduction About CIRCE The polynSPIRE project: goals, challenges and progress Questions & Answers Closing Full Article Bioeconomy
as Research Headlines - Faster, more affordable vaccine purification By ec.europa.eu Published On :: Thu, 07 May 2020 00:00:00 GMT [Source: Research & Innovation] Generating safe antigens to induce immunity is one of several key steps in vaccine production. Purification is another, and it is typically a complex process. EU-funded researchers have designed a way to simplify the process, boost yields, limit waste and reduce costs, in a bid to help make more doses available more affordably. Full Article EUBudget4Results
as Tax-News.com: Indian Banks To Begin Withholding Tax On Large Cash Withdrawals By www.tax-news.com Published On :: Thu, 5 Sep 2019 00:00:00 GMT As of September 1, 2019, India introduced an obligation for tax to be deducted at source at a two percent rate if a taxpayer's cash withdrawals totaled INR10m (USD138,350) or more in the previous year. Full Article
as Tax-News.com: Netherlands-UK Synthesized Double Tax Agreement Text Released By www.tax-news.com Published On :: Wed, 15 Jan 2020 00:00:00 GMT The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument. Full Article
as Tax-News.com: New Tax Treaties Key To Aircraft Leasing Growth In Hong Kong, Says Report By www.tax-news.com Published On :: Wed, 12 Jul 2017 00:00:00 GMT The Hong Kong Financial Services Development Council has released a report calling for the Government to expand its tax treaty network, in particular with countries that have growing aviation industries. Full Article
as Tax-News.com: German Air Passenger Tax Under Fire From Economy Minister By www.tax-news.com Published On :: Thu, 24 Aug 2017 00:00:00 GMT German Economy Minister Brigitte Zypries has said that Germany's air passenger tax is damaging the country's aviation industry and should be scrapped. Full Article
as Tax-News.com: WTO Affirms Decision In Boeing Subsidy Case By www.tax-news.com Published On :: Mon, 2 Oct 2017 00:00:00 GMT The WTO's Dispute Settlement Body has formally endorsed the Appellate Body's decision to reverse a previous panel ruling that a tax break provided by Washington State to Boeing is a prohibited subsidy. Full Article
as Tax-News.com: Indonesia Increases Airport Tax By www.tax-news.com Published On :: Tue, 20 Feb 2018 00:00:00 GMT Indonesia is to hike its air departure tax for Soekarno-Hatta Airport, by far the country's busiest, from March 1. Full Article
as Tax-News.com: Indonesia To Seek VAT From Overseas E-Services Providers By www.tax-news.com Published On :: Thu, 25 Jul 2019 00:00:00 GMT Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers. Full Article
as BANK OF MAHARASHTRA Surges by 9%; BSE BANKEX Index Up 2.1% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:23 AM Posted by Equitymaster BANK OF MAHARASHTRA share price has zoomed 9% and is presently trading at Rs 10. Meanwhile, the BSE BANKEX Index is at 22,787 (up 2.1%). Among the top Gainers in the BSE BANKEX Index today is BANK OF MAHARASHTRA (up 8.6%). Over the last one year, BANK OF MAHARASHTRA has moved down from Rs 15 to Rs 10, registering a loss of Rs 5 (down 35.9%). On the other hand, the BSE BANKEX has moved down from 32,704 to 22,787, loss of 9,917 points (down 30.4%) during the last 12 months. The top gainers among the BSE BANKEX Index stocks during this same period were [param_historic_top3]. One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.8%). The top gainers among the BSE Sensex stocks today are HUL (up 3.0%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI. In the meantime, NSE Nifty is at 9,383 (up 1.5%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 4.1%), INDIABULLS HOU. FIN. (up 3.8%) and HUL (up 3.2%). Other gainers include HINDALCO (up 2.5%) and ZEE ENTERTAINMENT (up 2.3%) are among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.35%).BANK OF MAHARASHTRA Financial Update...BANK OF MAHARASHTRA net profit declined 103.6% YoY to Rs 1 billion for the quarter ended December 2019, compared to a loss of Rs 38 billion a year ago. Operating income rose 14.0% to Rs 30.2 billion during the period as against Rs 26.5 billion in October-December 2018.For the year ended March 2019, BANK OF MAHARASHTRA reported 328.3% increase in net profit to Rs 47.6 billion compared to net profit of Rs 11.1 billion during FY18.Revenue of the company grew 2.2% to Rs 108 billion during FY19. The current Price to earnings ratio of BANK OF MAHARASHTRA, based on rolling 12 month earnings, stands at 6.7x. p >This article (BANK OF MAHARASHTRA Surges by 9%; BSE BANKEX Index Up 2.1%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
as ASHOK LEYLAND Surges by 5%; BSE AUTO Index Up 1.7% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:25 AM Posted by Equitymaster ASHOK LEYLAND share price has zoomed 5% and is presently trading at Rs 48. Meanwhile, the BSE AUTO Index is at 12,741 (up 1.7%). Among the top Gainers in the BSE AUTO Index today is ASHOK LEYLAND (up 5.1%). Over the last one year, ASHOK LEYLAND has moved down from Rs 86 to Rs 48, registering a loss of Rs 37 (down 43.5%). On the other hand, the BSE AUTO has moved down from 18,491 to 12,741, loss of 5,750 points (down 31.2%) during the last 12 months. The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 11.8%) and BALKRISHNA INDUSTRIES (up 6.4%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.6%). The top gainers among the BSE Sensex stocks today are HUL (up 3.3%), INDUSIND BANK (up 2.5%) and BAJAJ FINANCE (up 2.3%). Other gainers include RELIANCE IND. (up 2.3%) and TATA STEEL (up 2.3%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI. In the meantime, NSE Nifty is at 9,383 (up 1.5%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 4.1%), INDIABULLS HOU. FIN. (up 3.8%) and HUL (up 3.2%). Other gainers include HINDALCO (up 2.5%) and ZEE ENTERTAINMENT (up 2.3%) are among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.54%).ASHOK LEYLAND Financial Update...ASHOK LEYLAND net profit down at Rs 278 million for the quarter ended December 2019, compared to a loss of Rs 4 billion a year ago. Net Sales declined 36.5% to Rs 40.2 billion during the period as against Rs 63.3 billion in October-December 2018.For the year ended March 2019, ASHOK LEYLAND reported 19.7% increase in net profit to Rs 21.8 billion compared to net profit of Rs 18.2 billion during FY18.Revenue of the company grew 11.0% to Rs 332 billion during FY19. The current Price to earnings ratio of ASHOK LEYLAND, based on rolling 12 month earnings, stands at 15.0x. p >This article (ASHOK LEYLAND Surges by 5%; BSE AUTO Index Up 1.7%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
as CASTROL INDIA Surges by 6%; BSE OIL & GAS Index Up 1.4% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:39 AM Posted by Equitymaster CASTROL INDIA share price has zoomed 6% and is presently trading at Rs 131. Meanwhile, the BSE OIL & GAS Index is at 11,694 (up 1.4%). Among the top Gainers in the BSE OIL & GAS Index today is CASTROL INDIA (up 5.7%). Over the last one year, CASTROL INDIA has moved down from Rs 149 to Rs 131, registering a loss of Rs 18 (down 12.5%). On the other hand, the BSE OIL & GAS has moved down from 15,092 to 11,694, loss of 3,398 points (down 22.8%) during the last 12 months. The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 52.7%) and RELIANCE IND. (up 15.1%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.5%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include RELIANCE IND. (up 2.7%) and AXIS BANK (up 2.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK. In the meantime, NSE Nifty is at 9,383 (up 1.4%). The top gainers in the NSE Nifty include INDUSIND BANK (up 3.9%), DR. REDDYS LAB (up 3.5%) and KOTAK MAHINDRA BANK (up 3.2%). Other gainers include INDIABULLS HOU. FIN. (up 3.2%) and HUL (up 2.9%) are among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.63%).CASTROL INDIA Financial Update...CASTROL INDIA net profit stood at Rs 3 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales declined 2.1% to Rs 10.1 billion during the period as against Rs 10.3 billion in October-December 2018.For the year ended December 2018, CASTROL INDIA reported 2.4% increase in net profit to Rs 7.1 billion compared to net profit of Rs 6.9 billion during FY17.Revenue of the company grew 1.4% to Rs 39 billion during FY18. The current Price to earnings ratio of CASTROL INDIA, based on rolling 12 month earnings, stands at 15.6x. p >This article (CASTROL INDIA Surges by 6%; BSE OIL & GAS Index Up 1.4%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
as TV18 BROADCAST Surges by 10%; BSE 500 Index Up 1.5% By feeds.equitymaster.com Published On :: Fri, 8 May 2020 09:47 AM Posted by Equitymaster TV18 BROADCAST share price has zoomed 10% and is presently trading at Rs 20. Meanwhile, the BSE 500 Index is at 12,146 (up 1.5%). Among the top Gainers in the BSE 500 Index today are TV18 BROADCAST (up 10.1%) and HATHWAY CABLE (up 13.5%). PAGE INDUSTRIES and SCHAEFFLER INDIA LTD (down 0.1%) are among the top losers today. Over the last one year, TV18 BROADCAST has moved down from Rs 30 to Rs 20, registering a loss of Rs 10 (down 33.8%). On the other hand, the BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 19.0%) during the last 12 months. The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 433.0%), ABBOTT INDIA (up 146.0%) and NAVIN FLUORINE (up 119.0%). One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now What About the Benchmark Indices? The BSE Sensex is at 32,089 (up 1.6%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.7%), KOTAK MAHINDRA BANK (up 3.3%) and HUL (up 3.0%). Other gainers include AXIS BANK (up 2.7%) and BAJAJ FINANCE (up 2.7%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK. In the meantime, NSE Nifty is at 9,383 (up 1.4%). The top gainers in the NSE Nifty include INDUSIND BANK (up 4.6%), DR. REDDYS LAB (up 3.9%) and KOTAK MAHINDRA BANK (up 3.1%). Other gainers include HUL (up 3.1%) and INDIABULLS HOU. FIN. (up 3.0%) are among the top gainers in NSE Nifty. Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.56%). TV18 BROADCAST Financial Update...TV18 BROADCAST net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 2 billion a year ago. Net Sales declined 0.0% to Rs 14.2 billion during the period as against Rs 14.3 billion in January-March 2019.For the year ended March 2019, TV18 BROADCAST reported 390.2% decrease in net profit to Rs 1.7 billion compared to net loss of Rs 602.0 million during FY18.Revenue of the company grew 243.7% to Rs 57 billion during FY19. The current Price to earnings ratio of TV18 BROADCAST, based on rolling 12 month earnings, stands at 9.1x. p >This article (TV18 BROADCAST Surges by 10%; BSE 500 Index Up 1.5%) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
as Tax-News.com: African Countries' Tax Bases Expanding, New Report Says By www.tax-news.com Published On :: Wed, 18 Oct 2017 00:00:00 GMT African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries. Full Article
as Tax-News.com: South Africa To Increase VAT On April 1 By www.tax-news.com Published On :: Mon, 26 Mar 2018 00:00:00 GMT On April 1, 2018, South Africa will raise its value-added tax rate to 15 percent from 14 percent. Full Article
as Tax-News.com: South Africa Increases VAT Rate To 15 Percent By www.tax-news.com Published On :: Mon, 2 Apr 2018 00:00:00 GMT On April 1, 2018, South Africa increased its value-added tax rate to 15 percent from 14 percent. Full Article
as Google Duo adds Family Mode, web-based calls, other features to be rolled out soon By www.businesstoday.in Published On :: Sat, 09 May 2020 11:24:59 GMT Google Duo has added a family mode feature which lets its users get a more personalised experience by using AR effects and options to doodle. Full Article
as Panasonic resumes sales in green, orange zones; to take call on production soon By www.businesstoday.in Published On :: Sat, 09 May 2020 13:18:59 GMT Panasonic has prepared for staggered operations at retail and brand stores that have been recalibrated to abide by social distancing norms and deployed all safety measures such as placement of sanitisers, mandatory usage of masks, and contact-less assistance to consumers Full Article
as RIL share gains over 4% as Vista Equity Partners to invest Rs 11,367 crore into Jio Platforms By www.businesstoday.in Published On :: Fri, 08 May 2020 06:56:53 GMT Share price of Reliance Industries gained 4.43% to Rs 1,574 compared to the previous close of Rs 1,507 on BSE. Reliance Industries stock gained 9.11% in the last four days Full Article
as Asian Paints stock falls amid report Reliance Industries to sell 4.9% stake By www.businesstoday.in Published On :: Fri, 08 May 2020 11:25:03 GMT Shares of Asian Paints closed 1.01 per cent lower at 1,577against previous close of Rs 1593 on BSE Full Article
as ICICI Bank FY20 results: Profit jumps 135% to Rs 7,931 crore; asset quality improves By www.businesstoday.in Published On :: Sat, 09 May 2020 11:11:03 GMT For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago Full Article
as 100 days of coronavirus in India: 1 new case in Kerala in 24 hours; 1st infection on Jan 30, says CM Vijayan By www.businesstoday.in Published On :: Sat, 09 May 2020 11:21:40 GMT Kerala coronavirus cases: With May 8 being the 100th day of COVID-19 outbreak in India, Kerala reported only one new case in 24 hours, state CM Pinarayi Vijayan said on Friday Full Article
as Tax-News.com: India To Amend GST Rates On Oil, Gas Industry By www.tax-news.com Published On :: Wed, 11 Oct 2017 00:00:00 GMT India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry. Full Article
as Tax-News.com: Hong Kong Gazettes Tax Breaks For Ship Leasing By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Full Article
as SBI slashes interest rates for fixed deposits; check new rates By www.businesstoday.in Published On :: Sat, 09 May 2020 06:31:14 GMT SBI FD interest rates for senior citizens have been slashed by 20 bps as well. For tenor 7 days to 45 days, State Bank of India has changed the rates from 4 per cent to 3.80 per cent, while it has been changed to 4.80 per cent from 5 per cent for 46 days to 179 days tenor Full Article
as Tax-News.com: European Free Trade Association Sets Out 2017 Priorities By www.tax-news.com Published On :: Wed, 19 Jul 2017 00:00:00 GMT The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year. Full Article
as Tax-News.com: Canada Agrees To Exploratory ASEAN Trade Talks By www.tax-news.com Published On :: Mon, 11 Sep 2017 00:00:00 GMT Canada and representatives from the ASEAN member states have agreed to launch exploratory discussions to determine the potential for a free trade agreement. Full Article
as Tax-News.com: Hong Kong, ASEAN Conclude Free Trade Talks By www.tax-news.com Published On :: Thu, 14 Sep 2017 00:00:00 GMT Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations. Full Article
as Tax-News.com: Malaysia To Phase Out 'Harmful' Tax Regime By www.tax-news.com Published On :: Tue, 7 Aug 2018 00:00:00 GMT Malaysia has suspended its MSC Malaysia tax regime, pending changes to bring it into line with recommendations from the OECD's Base Erosion and Profit Shifting initiative. Full Article
as Coronavirus impact: Equity MF inflows plunge 47% in April as investors turn cautious By www.businesstoday.in Published On :: Fri, 08 May 2020 12:19:23 GMT Coronavirus news: Fears ran amok that Franklin Templeton closing its six debt mutual fund schemes may trigger outflows from debt mutual funds. However, net outflows were only seen in credit risk and medium duration categories Full Article
as Coronavirus lockdown: Cash crunch? Don't sell your mutual funds, take a loan against it! By www.businesstoday.in Published On :: Sat, 09 May 2020 07:56:25 GMT When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI Full Article
as Tax-News.com: OECD Releases Mining Sector BEPS Guidance For Developing States By www.tax-news.com Published On :: Fri, 26 Oct 2018 00:00:00 GMT The OECD and the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development have finalized three practice notes intended to support resource-rich developing countries to protect their tax bases from erosion and profit shifting. Full Article
as Tax-News.com: FASB Issues New Accounting Rules For Audiovisual Content Producers By www.tax-news.com Published On :: Thu, 14 Mar 2019 00:00:00 GMT On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services. Full Article
as Tax-News.com: BEPS Project Has Triggered Near-Global Tax Reform: OECD By www.tax-news.com Published On :: Thu, 26 Jul 2018 00:00:00 GMT The OECD has committed to providing proposals to fix the taxation of the digital economy by 2020, in an update to G20 leaders on international efforts to mitigate base erosion and profit shifting (BEPS). Full Article