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MSME loan losses will rise sharply if economy takes time to revive: Amitabh Chaudhry

MSME loan losses will rise sharply if economy takes time to revive: Amitabh Chaudhry





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Amit Shah dismisses rumours about his health, says he is not suffering from any disease

Amit Shah dismisses rumours about his health, says he is not suffering from any disease





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RBI tightens monitoring of outward remittances

The LRS transactions are currently permitted by banks based on the declaration made by the remitter.




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India largest remittance-receiving country in the world

A report said that India (receiving USD 69 billion in remittances in 2017) was followed by China (USD 64 billion) and the Philippines (USD 33 billion).




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Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17

Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuwait, Oman, UK, and Malaysia.




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India seen escaping Argentina's fate as remittances curb deficit

India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data.




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117 Indians died for every billion USD remitted from gulf countries: CHRI

The data was provided by Indian missions in Bahrain, Oman, Qatar and Saudi Arabia but the Embassy in the UAE refused to give information. The Indian embassy referred to data on their website which was only 2014 onwards.




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For every $1 billion remitted, 117 Indians die in 6 Gulf nations

The embassies in Gulf countries have not been forthcoming in providing data under RTI on the number of deaths.




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India to retain top position in remittances with $80 billion: World Bank

India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.




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Remittances show poll bump, again

ET looked at data from 1990-91 to present, and the remittance-elections bump is evident.




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India highest recipient of remittances at $79 bn in 2018: World Bank

India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).




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India was the top recipient of remittances worldwide in 2018

India was the top recipient of remittances worldwide in 2018, data from the World Bank shows. The remittances were boosted in part by migrants from Kerala sending.




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With $78 billion, India still highest overseas remittance receiver

India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018.




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'Nothing adverse' in overseas remittance data, says CBDT

“The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year.




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Fino Payments Bank logs 80 per cent plunge in domestic remittances

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.




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COVID-19: Maruti Suzuki leans on Wellness Mitra App for employees' safety

​The app that complements the Aarogya Setu App has been made mandatory for all employees across the value chain, requiring them to update their health status, including close family members, on the app everyday. It has been developed to ensure safety and monitor employees' health on a real time basis.




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CSIR submits 53 genome sequences of coronavirus to global body; to share 450 more by May 15

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.




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Tata Motors gets nod from board constituted committee to raise Rs 1,000 crore via NCDs

These will be issued in three tranches of Rs 500 crore, Rs 300 crore and Rs 200 crores with redemptions due on September 30, 2022, November 28, 2022 and December 29, 2022 respectively, it added.




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Why do chefs in India continue to serve imitations

Why do chefs in India continue to serve so much pastiche on the plate while pretending it is original work? One reason is that audiences lap it up.




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Karnataka government conditionally permits garment units to operate in red zones

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.




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Airtel app users to get free access to ZEE5 content now for limited period

Airtel Thanks app customers will not have to pay any subscription to avail the access to ZEE5's content, according to the announcement.




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Owner of U.S. Navy Husbanding Services Provider Pleads Guilty to Conspiracy to Commit Bribery

The owner and Chief Executive Officer of a Republic of Korea–based company, DK Marine, that provided ship husbanding services to the U.S. Navy pleaded guilty today for his role in a bribery conspiracy.




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Israel’s Largest Bank, Bank Hapoalim, Admits to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts

Jeffrey A. Rosen, the Deputy Attorney General of the United States, Richard E. Zuckerman, the Principal Deputy Assistant Attorney General of the Justice Department’s Tax Division, Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and Don Fort, the Chief of the Internal Revenue Service, Criminal Investigation (IRS-CI), announced today the guilty plea of Bank Hapoalim (Switzerland) Ltd. and filing of criminal charges against Bank Hapoalim B.M. for conspiring with U.S. taxpayers and others to hide more than $7.6 billion in more than 5,500 secret Swiss and Israeli bank accounts and the income generated in these accounts from the Internal Revenue Service (the IRS).  BHS’s Chief Executive Officer appeared on behalf of the bank to enter the guilty plea before U.S. District Judge Mary Kay Vyskocil.




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Attorney General Holder Addresses the Bipartisan Summit on Criminal Justice Reform




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Director Lisa Foster of the Office for Access to Justice Delivers Remarks at ABA’s 11th Annual Summit on Public Defense




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SEC Announces Investor Advisory Committee Meeting Focusing on COVID-19

The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on May 4, 2020, by remote means.  The meeting will begin at 2 p.m. ET, is open to the public via live webcast, and will be archived…




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Small Business Capital Formation Advisory Committee to Discuss the SEC’s Capital Formation Proposal on May 8

The Securities and Exchange Commission today released the agenda for the Friday, May 8 meeting of its Small Business Capital Formation Advisory Committee, which will be hosted via video conference. The Committee will discuss the Commission’s recent…




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SEC Commemorates Teacher Appreciation Week, Highlights Ongoing Commitment to Serving Teachers

The Securities and Exchange Commission announced that it is premiering new multimedia resources to support teachers in connection with Teacher Appreciation Week. This content builds on the Commission’s longstanding efforts to serve teachers in both their…




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SEC Investor Advisory Committee to Meet Virtually on May 21

The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on May 21, 2020 by remote means.  The meeting will begin at 10 a.m. ET, is open to the public via live webcast, and will be archived on…




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Chinese National Pleads Guilty to Committing Theft of Trade Secrets

TULSA, Okla. – Hongjin Tan, a 35 year old Chinese national and U.S. legal permanent resident, pleaded guilty Tuesday in federal court to committing theft of trade secrets from his employer, a U.S. petroleum company.




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Leading Cancer Treatment Center Admits to Antitrust Crime and Agrees to Pay $100 Million Criminal Penalty

Florida Cancer Specialists & Research Institute LLC (FCS), an oncology group headquartered in Fort Myers, Florida, was charged with conspiring to allocate medical and radiation oncology treatments for cancer patients in Southwest Florida, the Department of Justice announced.  This charge is the first in the department’s ongoing investigation into market allocation in the oncology industry.




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Generic Pharmaceutical Company Admits to Fixing Price of Widely Used Cholesterol Medication

Apotex Corp., a generic pharmaceutical company headquartered in Florida, was charged with fixing the price of the generic drug pravastatin, the Department of Justice announced today.  According to the one-count felony charge filed today in the U.S. District Court for the Eastern District of Pennsylvania in Philadelphia, Apotex and other generic drug companies agreed to increase and maintain the price of pravastatin, a commonly prescribed cholesterol medication that lowers the risk of heart disease and stroke.  The conspiracy began in May 2013 and continued through December 2015.




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The Jockey Club Officially Adopts Rule Limiting Stallion Book Size To 140 Mares

The Jockey Club board of stewards today announced that it has adopted a final rule limiting the annual breeding of individual stallions. The rule reflects The Jockey Club's goal to preserve the health of the Thoroughbred breed for the long term and will apply prospectively to stallions born in 2020 or later. Effective today, The […]

The post The Jockey Club Officially Adopts Rule Limiting Stallion Book Size To 140 Mares appeared first on Horse Racing News | Paulick Report.




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See a historic brownstone row house on Summit Avenue

Home is in same row as F. Scott Fitzgerald's former home




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North Rim of Grand Canyon to Remain Open after October 15 with Limited Services

Grand Canyon National Park staff will soon begin the regular seasonal closure of many visitor services and facilities on the North Rim. However, the rim will remain open with limited services through November 29 or until snow closes Highway 67. https://www.nps.gov/grca/learn/news/news_2009-09-30_nr_soft_closure.htm




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Operational Changes to Backcountry Permitting Procedures Planned at Grand Canyon National Park

https://www.nps.gov/grca/learn/news/news_2009-11-20_procedure_change.htm




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National Park Service accepting applications for noncommercial Colorado River rafting permits for 2011 calendar year

The National Park Service is now accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits are for specific launch dates within calendar year 2011. https://www.nps.gov/grca/learn/news/national-park-service-accepting-applications-for-noncommercial-colorado-river-rafting-permits-for-2011-calendar-year.htm




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National Park Service Accepting Applications for Noncommercial Colorado River Rafting Permits for 2012 calendar year

The National Park Service is now accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits are for specific launch dates within calendar year 2012. https://www.nps.gov/grca/learn/news/2011-02-01_lottery.htm




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Grand Canyon Rangers Arrest Guide for Operating in Park without a Permit

On Friday, August 31, after approximately four weeks of investigation, Grand Canyon National Park rangers arrested 42-year old Brian Thompson of Cottonwood, Arizona, for conducting commercial operations in a national park without a permit. https://www.nps.gov/grca/learn/news/2012-09-21_arrest.htm




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Grand Canyon Lottery for 2014 Noncommercial River Trip Permits Opens February 1

On Friday, February 1, 2013 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits will be for specific launch dates within calendar year 2014. https://www.nps.gov/grca/learn/news/2012-01-31_lottery.htm




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Vehicles over 20 feet in length will not be permitted on Cape Royal Road for the duration of construction.

Grand Canyon National Park has begun improvements to Cape Royal Road on the North Rim. Beginning September 3, 2013 Cape Royal Road from Roosevelt Point to Cape Royal Point, at approximately mile 11.5, will be closed for repaving. Vehicles over 20 feet in length will not be permitted on Cape Royal Road for the duration of construction. https://www.nps.gov/grca/learn/news/updated-road-improvements-to-temporarily-close-portion-of-cape-royal-road-on-the-north-rim-of-grand-canyon-national-park.htm




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Grand Canyon Lottery for 2015 Noncommercial River Trip Permits Opens February 1

On Saturday, February 1, 2014 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. https://www.nps.gov/grca/learn/news/grand-canyon-lottery-for-2015-noncommercial-river-trip-permits-opens-february-1.htm




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Grand Canyon National Park to Require Camping Permit at Tuweep Campground

Grand Canyon National Park on September 1, 2014 will begin requiring reservations for all campers who wish to stay at the Tuweep Campground. After September 1, visitors who plan to camp at Tuweep will need to have a permit issued by the National Park Service. https://www.nps.gov/grca/learn/news/grand-canyon-national-park-to-require-camping-permit-at-tuweep-campground.htm




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Grand Canyon Announces Interim Permits for Organized Groups Conducting Rim-to-Rim and Extended Day Hiking and Running

The National Park Service (NPS) will begin issuing Special Use Permits on an interim basis for organized, non-commercial rim-to-rim and extended day hiking and running in the inner canyon of Grand Canyon National Park. The inner canyon is defined as the area below Tonto Platform (Tipoff and Indian Garden) from the South Rim and below Manzanita Resthouse (Pumphouse Residence) from the North Rim. Permits will be issued to groups with activities planned for after September 15, 2014. https://www.nps.gov/grca/learn/news/interim-permits-r2r.htm




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Grand Canyon National Park Opens 2016 Noncommercial River Trip Permit Lottery

Sunday, February 1, 2015 Grand Canyon National Park will open the permit lottery for 2016 Noncommerical River Trip launch dates. https://www.nps.gov/grca/learn/news/2016-lottery.htm




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Road Construction Projects at South Entrance Station and Hermit Road to Start this Month

Visitors and residents may experience short delays during construction to South Entrance Station and Hermit Road. https://www.nps.gov/grca/learn/news/south-entrance-and-hermit-road-construction.htm




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Grand Canyon National Park to Open 2017 Noncommercial River Trip Permit Lottery

On Monday, February 1, 2016 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park in 2017. https://www.nps.gov/grca/learn/news/2017-noncommercial-river-lottery.htm




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Grand Canyon National Park to Open 2017 Noncommercial River Trip Permit Lottery

On Wednesday, February 1, 2017 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. https://www.nps.gov/grca/learn/news/2018-noncommercial-river-lottery.htm




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North Rim of Grand Canyon National Park to Open as Planned May 15 with Limited Visitor Services and Water Conservation Measures

The North Rim of Grand Canyon National Park will open as scheduled, on May 15, with limited visitor services and water conservation measures due to a break in the North Rim water pipeline. https://www.nps.gov/grca/learn/news/north-rim-open-may-15-water-conserve.htm




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Update: Search for Missing Backcountry Hikers at Grand Canyon National Park Continues in Limited Mode

After five days of extensive searching, today the National Park Service (NPS) is reducing the scale of the search for two hikers who went missing at Grand Canyon National Park on Saturday, April 15. https://www.nps.gov/grca/learn/news/search-continues-limited-mode.htm