This post was originally published on The Asian Age | Home.
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Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore
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Hiding behind a pay wall and in hoc to its advertisers, The Townsville Bulletin is a law unto itself in Queensland as its owners demand subsidies from the Government. Should we pay? asks Kim Wingerie?
This post was originally published on Michael West.
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All lanes in the fee plazas on National Highways shall be declared as ‘FASTag lane of the fee plaza’ from midnight of 15th/16th Feb 2021
This post was originally published on The Asian Age | Home.
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India keeps trade share in pharma, loses in apparels
This post was originally published on The Asian Age | Home.
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New York:
Pakistan Tehreek-e-Insaaf (PTI) USA delegation headed by president Amjad Nawaz visited Pakistan Consulate Office New York. Ms. Ayesha Ali Consul General, welcomed the delegation and discussed important community related matters including government’s new economic and business initiatives.
PTI USA delegation were consist on finance secretary Imran Qazi, senior advisor Zaman Afridi and senior hint secretary of membership Umer Farooq.
Meanwhile, Vice Consul General Nawab Adil khan were also present in meeting.
“PTI USA will work closely woth government to creat awareness and encourage business investment”, Amjad nawaz assured to Consul General Ayesha Ali.
It has been jointly agreed in meeting to conduct seminar and webinar for speedy awareness regarding trade, investment and also highlight government’s new policies related to create opportunities of safe investment for overseas Pakistani.
This post was originally published on VOSA.
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Justice Midha had directed FRL and other parties to maintain status quo till pronouncement of the reserved order
This post was originally published on The Asian Age | Home.
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The increase took petrol price to an all-time high of Rs 87.60 a litre in Delhi and to Rs 94.12 in Mumbai
This post was originally published on The Asian Age | Home.
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The Packer directors are gone. Guy Jalland and Michael Johnston have left the Crown Resorts board in the wake of dramatic findings of the Bergin Report. Chair Helen Coonan and others will remain under pressure. After all, they are responsible, they are the directors, and Justice Bergin found Crown was not suitable to run a casino. So, what’s next, asks Charles Livingstone?
This post was originally published on Michael West.
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International politicians say the bank, already under fire for backing China’s security law, could ‘gravely tarnish’ its reputation
An international group of senior politicians have written to the chairman of HSBC, Mark Tucker, urging him unfreeze bank accounts linked to a high-profile pro-democracy activist from Hong Kong.
More than 50 members of the Inter-Parliamentary Alliance on China – including representatives from the UK, Canada, Australia, France, Germany and Switzerland – are calling for the immediate release of funds belonging to Ted Hui and his family, and a formal explanation of HSBC’s decision to freeze their accounts.
Continue reading…This post was originally published on Human rights | The Guardian.
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Indian airlines are now carrying 60 per cent of the total pre-COVID domestic passengers and this is better than most countries in the world
This post was originally published on The Asian Age | Home.
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Japanese beer company effectively ‘empowers’ junta through its joint ventures, rights group says
Human rights groups have urged Japanese brewing giant Kirin, the multinational behind beer brands XXXX, Tooheys, Kirin, and Little Creatures, to cut ties with its Myanmar business operations, alleging its continued part-ownership of two military-linked breweries there makes it effectively complicit in war crimes committed by the military in Myanmar.
The company owns just over half of of both Myanmar Brewery and Mandalay Brewery in partnership with Myanmar Economic Holdings Ltd (MEHL), a company controlled by the country’s military that a UN investigation has found is overseen by the commander-in-chief Senior General Min Aung Hlaing.
Related: Myanmar coup: civil disobedience campaign begins amid calls for Aung San Suu Kyi’s release
Related: Australia faces calls to cut military ties with Myanmar after coup
Related: Myanmar coup: who are the military figures running the country?
Continue reading…This post was originally published on Human rights | The Guardian.
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Muqeem Ahmad,UK,
After Brexit from European Union (EU), major decline noticed in British exports, while spending’s on imported goods and paperwork increased so does loss of time and resources custom agents added.
According to a customs agent, overnight establishment of a full-fledged operational port suggests that UK has imposed economic sanctions on itself.UK separated from EU on December 31 after 47 years.
According to trading companies, trade between UK and EU, companies are facing red tape and smaller companies are suffering the most.
Customs agent John Swallow said his company had been sending 10,000 trucks to EU each year, with the same number of trucks coming to UK. But exports are almost non-existent in January and the cost of bringing goods to the UK has risen.
British Prime Minister Boris Johnson has said that small companies will have to adapt these changes
This post was originally published on VOSA.
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Bezos, who is the company’s biggest shareholder, will still have broad influence over Amazon
This post was originally published on The Asian Age | Home.
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Justice J. R. Midha said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon
This post was originally published on The Asian Age | Home.
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The bench granted liberty to the litigating parties to approach the court in case of any difficulty in the disbursal of money
This post was originally published on The Asian Age | Home.
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Last month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage
This post was originally published on The Asian Age | Home.
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On the Sensex chart, IndusInd Bank was the top gainer, rallying over 11 per cent, followed by ICICI Bank, SBI, HDFC, M&M and Axis Bank
This post was originally published on The Asian Age | Home.
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Pandemic concessions to banks need a quick end
This post was originally published on The Asian Age | Home.
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The Government’s fetish for deregulation play right into the hands of predatory multinationals Uber and Deliveroo which exploit both Australia’s tax and labour laws to siphon profits overseas. Michael West and Callum Foote report on Uber’s exploitation and the prospective tsunami of lawsuits rolling its way.
This post was originally published on Michael West.
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It would cost around Rs 400 crore for to set up the plant, of which 20 per cent ‘viable gas funding’ will be provided by the government
This post was originally published on The Asian Age | Home.
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The petition claimed that since the MRP of the product is not displayed, the customers are forced to buy the product at a higher cost
This post was originally published on The Asian Age | Home.
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Muqeem Ahmad, UK,
Automakers in UK and EU have seen sharp declines in car sales. Demand for European vehicles has declined historically over past year. According to figures released by European Union, there have been one third declines in new vehicle registrations compared to 2019.
The second strain of corona virus has affected all major economies in 27-nation EU block. December alone notice 3.7% drop in new vehicle registrations in UK and EU as compared to previous year.
Car sales in major economies such as UK, France and Italy fell by 10, 11 and 14 per cent, respectively, while Germany saw an increase of 10 percent.
Sales at Volkswagen and PSA fell to 8.2 percent and 1.8 percent, while sales at Reynolds and other carmakers also declined. BMW was able to sell only 9.5% less vehicles in 2020.
This post was originally published on VOSA.
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Is Government intervention viable, or just a favour for Rupert Murdoch’s News Corp and Peter Costello’s Nine Entertainment? Opposition is growing both locally and globally to media laws introduced by the Coalition Government requiring tech giants Google and Facebook to pay for displaying news content. Kim Wingerei delves into the numbers.
This post was originally published on Michael West.
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US equities finished at record highs on Wednesday after Joe Biden was sworn in as the President of the United States
This post was originally published on The Asian Age | Home.
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While governments continue to spruik the supposed economic benefits of urban car racing events such as the Grand Prix and Supercars 500, the lack of transparency simply highlights an endemic culture of cronyism. Christine Everingham and Patricia Johnson investigate.
This post was originally published on Michael West.
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The resources industry donated $136.8 million over two decades to Australian political parties. Donations buy a lot of influence, with research showing that for every US$1 spent, the return on investment can be as high as US$220. In return, public policy is moulded to suit the interests of the highest corporate bidders and their lobbyists. Adam Lucas investigates.
This post was originally published on Michael West.
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John Morrison and Sam Watson on Dominic Raab’s commitment to fine businesses over modern-day slavery in supply chains
The commitment made by Dominic Raab, the foreign secretary, to strengthen businesses’ supply chain requirements under the Modern Slavery Act are welcome, if overdue (China’s treatment of Uighurs amounts to torture, says Dominic Raab, 12 January).
For him to choose the situation facing the Uighurs in China to do so also seems appropriate, but it represents a blunt instrument for the task in hand. Fines for companies that refuse to issue modern slavery statements will increase the number of statements, but not necessarily their quality.
Continue reading…This post was originally published on Human rights | The Guardian.
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UK-based security firm faces calls to repay charges made by recruitment agents for jobs in Gulf states and conflict zones
Migrant workers working for the British security company G4S in the United Arab Emirates have collectively been forced to pay millions of pounds in illegal fees to recruitment agents to secure their jobs, the Guardian can reveal.
An investigation into G4S’s recruitment practices has found that workers from south Asia and east Africa have been made to pay up to £1,775 to recruitment agents working for the British company in order to get jobs as security guards for G4S in the UAE.
Forcing workers to pay recruitment fees is a widespread practice, but one that is illegal in the UAE, Qatar and Saudi Arabia. The practice allows companies to pass on the costs of recruitment to workers from some of the poorest countries in the world, leaving many deep in debt and vulnerable to modern forms of slavery, such as debt bondage.Related: ‘We’re poor people’: Middle East’s migrant workers look for way home amid pandemic
Continue reading…This post was originally published on Human rights | The Guardian.
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Clothing retailer’s sales jump 40% as Leveson notes ‘change agenda’ of firm still has ‘long way to go’
Sales at Boohoo jumped 40% in the run-up to Christmas as shoppers shrugged off the association of the online company with poor working conditions in clothing factories in the UK and overseas.
The bumper sales came as Sir Brian Leveson, the retired judge overseeing a clean-up of the retailer’s supply chain, said the process had a “long way to go”.
Related: Boohoo knew of Leicester factory failings, says report
Continue reading…This post was originally published on Human rights | The Guardian.
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It’s time to tackle charity rorts, writes William De Maria. The richest schools are charities, as are big businesses like Queensland Sugar Limited. Even the likes of AI Group and NSW Business Chamber Ltd, organisations which fight against higher pay and better conditions for workers, enjoy charity and tax exempt status. Why should taxpayers foot the bill?
This post was originally published on Michael West.
