A dispute between the US and China scuttled a proposed UN resolution calling for a global ceasefire during the Covid-19 pandemic, after Beijing insisted on support for the World Health Organization and Washington vetoed it.
Read Full Article at RT.com

Defying clouds in the sky and Covid-19 on the ground, Russia’s deadliest bombers, nimblest fighter jets and strongest transport aircraft flew over the capital in celebration of Soviet victory over Nazi Germany 75 years ago.
Read Full Article at RT.com

The government of Denmark is having a negotiation with the industry regarding improvement of energy efficiency. The mutual agreement of 2012 has the ability to cut 12 per cent of energy usage in 2020, as compared to the same calculated in 2006. The agreement…

The threat for global warming is increasing in this world with each passing day. It is not a distant future when the effects of the global warming will hit hard the lives of the human. However, seeing the future threat Denmark has braced itself with…

Denmark government along with the opposition party leaders have achieved political agreement to improve the nations international recruitment policy, which will facilitate the county’s enterprises to have easy access to highly qualified professionals…

What if you suspect something is wrong with your forecasting process? What if the process is consuming too much time and too many resources, while still delivering unsatisfactory results (lousy forecasts). What can you do about it? This post looks at the first two steps to effecting meaningful forecasting process [...]

The post 2 first steps to effecting forecasting process change appeared first on The Business Forecasting Deal.

Two weeks ago we looked at the first two steps in effecting forecasting process change: Justify your suspicions with data Communicate your findings That was the easy part. So why is it that so many organization realize they have a forecasting problem, yet are unable to do anything about it? [...]

The post The difficult step in effecting forecasting process change (1 of 2) appeared first on The Business Forecasting Deal.

Fildes and Goodwin (F&G) observed the subject (the regional subsidiary of a pharmaceutical company) was using a statistical forecasting system, but not fully trusting its output. Forecasters were making overrides to the system generated forecast to make it look like what they believed it should (e.g., following a life-cycle curve [...]

The post The difficult step in effecting forecasting process change (2 of 2) appeared first on The Business Forecasting Deal.

  Google recently unveiled a huge makeover to its Google Maps. Currently available in beta mode, it lets you discover changes in its interface and improved accessibilities. However, the search results i...

  It’s been quite a while since we last shared tips for your favorite Firefox browser. Finally, the wait is over! All the mentioned tips and tricks have been tested on the latest Firefox 20.0.1. S...

  A gamer’s life is a hard one. Games pop up left and right and by the dozens and really, how many games can a gamer play in the limited time that he has at his disposal? And it’s not just g...

Intended for staff and external experts

'New type of analysis' deployed to determine plastics' toxicity

Clearer scope and guidance document needed, says CII

But campaign group concerned about selected modelling tools

In its status report submitted earlier, the Centre had said that all the steps were being taken for the welfare and benefit of migrant workers.

The letter has urged, mainly for wage subsidy to large employers, on the lines of the Netherlands and Australia .

Further, the Board said that it was processing an additional 1.75 lakh refund claims, which would be credited directly to the taxpayer bank account in 5-7 business days from issuance.

According to the June 7, 2019, circular of the RBI, banks had to make additional 20% provisioning for the cases where resolution could not be reached over a period of 210 days, after signing the inter-creditor agreement.

The measure has been taken by the RBI to meet sectoral credit needs at a time when the institutions are facing difficulty in tapping the market.

Prior to RBI’s announcement on Friday, three-month moratorium was limited to accounts whose installments were falling due after March 1, 2020.

According to sector experts, NBFCs' outstanding credit to the commercial real estate stood at Rs 1.29 lakh crore as on September 30, 2019.

The stock of products with retailers currently is just about sufficient and distributors have been directed to supply them with quantities that will last for about four days or so.

Among the possibilities, the government could garner some revenues from sale of the BPCL’s 61% stake sale in Numaligarh Refinery, which will be sold to state-run firms.

The unprecedented situation created by Covid–19 pandemic and lockdown announced by both the Union and state governments from March 24 has led to severe disruptions affecting the economy and impacting people at large and the MSME spinning mills.

In view of the massive disruption to economic activity due to Covid-19 impact and likely huge shortfall in revenues, the council felt that fiscal response to the crisis should be much more nuanced.

The government has taken measures to contain expenditure, like freeze on its employees’ dearness allowance; it has also announced a relief package to support the vulnerable and disadvantaged sections.

Mills in Uttar Pradesh have produced 11.65 MT as on April 30, 2020, which is 3.72 lakh tonne higher than what was produced a year ago. Of 119 mills operated this year, 44 mills have ended their crushing. As many as 75 mills are operating as against 68 mills last year till April 30.

State governments seem to have collected the lowest-ever inflation-adjusted monthly tax revenue in April.

With the countrywide lockdown set to continue for two more weeks, banks have urged the Reserve Bank of India (RBI) to extend the three-month moratorium on loans by another three months beyond May 31.

The revenue situation will only get worse next month as the lockdown in the whole of April would be reflected in collections in May, said Bihar Deputy CM Sushil Kumar Modi.

The SARFAESI Act, which is now rarely being used after the Insolvency and Bankruptcy Code has come into existence since 2016, allows banks to seize, take control, manage and sell assets of defaulting borrowers without the intervention of any court/tribunal and also ensures speedy recovery.

The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31.

In an office memorandum dated April 30, reviewed by FE, the revenue department has said it has approved the release of the RoSL benefits, which will, however, be in the form of scrips, instead of cash.

'Organised crime has many faces. The trafficking of cultural goods is one of them. It is not a glamorous business run by flamboyant gentlemen forgers, but by international criminal networks'

For instance, German automaker Volkswagen, which has had a reasonable success with the Polo hatchback, arrived late to the party in the Indian compact sedan segment (with the Ameo) and still doesn’t have a sub-4 metre SUV.

Sets a new record for ‘highest fuel efficiency on a motorcycle’ at 76.4kpl

One of the reasons is bunching together of several regulatory changes announced by the government in a very short span of time without realising their full implication, a classic case of ‘reform for reform’s sake’.

The US President Donald Trump has made a remark regarding the merit-based immigration system which can help skilled persons, foreigners, and professional Indians to attain Green Cards or permanent residence in a legal way. After this decision of President,…

The US administration is proposing an impressive increase in merit-based and legal immigration as an effort to change the obsolete systemCreating tax revenue of USD 500 billion Jared Kushner, The Presidential Adviser, stated that when the immigration…

A US court provided temporary relief to many Indians who live in America, and also has rejected the striking down, for now of the rule brought in by President  Obama – allowing the spouses of visa holders in H-1B category to work in the country. A…

The immigration policies of President are Uncertain and there is a desire by the people to vote in the forthcoming elections in November 2020, which are forcing many immigrants who reside in the US to seek its citizenship.The Current Figures8.34 lakh…

A top government official said according to the 2004 amendments of the Citizenship Act, if one parent is an Indian and neither is an illegal immigrant, a person is considered an Indian citizen.

Recently, an expert committee had recommended for a decentralised development by having three capital cities for legislature, executive and judiciary and putting available resources for balanced regional growth.

Shah also launched a state-wide campaign, ‘Ar Noi Annay (No More Injustice)’, to take on Banerjee’s outreach programme, ‘Didi ke Bolo’.

The Union Home Ministry said that in an order under the Disaster Management Act, “Directions were issued that district and state borders should be effectively sealed. States were directed to ensure there is no movement of people across cities or on highways.”

The labour ministry has started mapping details of such workers from April 8. Along with basic details such as name, age, gender, occupation, residential address and native district/state, details of their bank accounts and Aadhhar cards are also being collected.

It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by MHA is akin to a tax without any statutory backing.

Other important issues, such as the propagation of renewables, flexibility in coal supply and enforcement of contracts for attracting private investment in the sector were also discussed in the meeting.