-IndiaToday.in The historic deal was signed in Montreal that aims to provide critical financing to the developing world to protect biodiversity. * The global framework comes a day before COP15 is set to end in Montreal * Governments have committed to protect 30% of land and water * The draft calls for raising $200 billion by 2030 for biodiversity After years of negotiations, back and forth and delays, governments have finally signed a deal to...
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Retail sales top pre-Covid levels in November by 15% led by footwear, jewellery -Meenakshi Verma Ambwani
-The Hindu Business Line Retailers’ Association of India pointed out that the impact of inflationary challenges on the discretionary segment was visible Retailers posted a 15 per cent growth in sales in November over pre-pandemic levels. According to the latest edition of Retail Business Survey released by the Retailers’ Association of India (RAI), this growth was led by segments such as footwear, sports goods and jewellery. The industry body, however, pointed out...
More »Sharp decline in disposal, increased pendency -- how pandemic affected district courts in India -Akshat Jain
-ThePrint.in There’s been a 40% decline in disposal of cases during pandemic, a report mapping district courts’ performance showed. The study was conducted by a Delhi-based think-tank. New Delhi: The pandemic has severely affected the justice delivery system in India, causing a sharp decline in the disposal of cases, a study mapping the performance of district courts during the pandemic shows. In its latest report called ‘Data Speak: A look at the District...
More »Centre to amend insolvency law to reduce time taken for resolution process
-PTI/ The Telegraph Senior govt official says consultations are going on with various stakeholders and changes are expected to be finalised in coming weeks New Delhi: The government is preparing to amend the insolvency law as it looks to reduce the time taken for the completion of the resolution process of stressed assets and prevent significant erosion of value of the assets, according to a senior official. Amendments to the Insolvency and Bankruptcy...
More »House panel flags delay in cash aid to kin of those who died cleaning sewers -Fareeha Iftikhar
-Hindustan Times In accordance with a Supreme Court judgment of 2014, compensation of ₹10 lakh each is paid to the families of those who have died while cleaning sewers or septic tanks from the year 1993 onwards. New Delhi: A parliamentary standing committee has expressed disappointment over the delay in release of compensation to the families of 104 people who died while cleaning sewer or septic tanks manually, saying that there appears...
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