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India, S. Africa move WTO on COVID-19 prevention, treatment -Bindu Shajan Perappadan

-The Hindu They seek waiver on some provisions of world agreements that regulate intellectual property rights to expedite steps to contain pandemic India and South Africa, in a formal submission to the World Trade Organization (WTO) on October 2, sought a waiver on certain provisions of the international agreements that regulate intellectual property rights to speed up efforts to prevent, treat and contain the COVID-19 pandemic. In the communication, the countries said there...

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Divestment goal achievable; LIC IPO to fetch ₹1 lakh crore: CEA

-PTI/ The Hindu Inflation targeting helped in lowering volatility, level of inflation, he says Asserting that the disinvestment target of ₹1.75 lakh crore for 2021-22 was ‘eminently achievable,’ Chief Economic Adviser (CEA) K. V. Subramanian on Saturday said the proposed initial pubLIC offering (IPO) by LIC itself could garner ₹1 lakh crore for the government. He also said targeting of retail inflation by the Reserve Bank of India (RBI) has helped bring down...

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Only 11% low-income countries make their data open: World Bank report -Kiran Pandey

-Down to Earth Gaps in data on women and girls particularly severe; countries do not invest enough in pubLIC intent data systems, the report said Most countries have shied away from an open-data poLICy — more so countries with developing economies, according to a recent World Bank report. Only 11 per cent low-income countries consistently made available with a LICense classifiable as ’open’, the report flagged. The comparable rate for lower-middle-income countries was...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Face recognition software used in 137 of 1,800 arrests in Northeast Delhi riots, says PoLICe -Jignasa Sinha

-The Indian Express A total 231 of the 1,818 arrests so far had been made possible using the latest technological tools, PoLICe Commissioner S N Shrivastava said. More than a hundred individuals arrested in connection with last year’s riots in Northeast Delhi were identified by a facial recognition system (FRS), the Commissioner of Delhi PoLICe said on Friday. A total 231 of the 1,818 arrests so far had been made possible using...

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