Texas Proposes Rules to Ready Natgas Industry for Weather Emergencies

The Texas Railroad Commission, which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year. The proposed rule is the latest in a series of regulations to avoid another energy emergency like the 2021 February freeze that left … Read more

IBBI discussion paper proposes increasing fees on service providers

The Insolvency and Bankruptcy Board of India (IBBI) has released a paper that proposes increasing the fee on service providers it appoints, seeking a buttress its finances as statutory independent body. The IBBI is short of about Rs 21 crore to be self-sufficient and must shift from relying on … Read more

Gadkari proposes creation of Innovation Bank to focus on quality in infra

Union Minister for Road Transport and Highways Nitin Gadkari has proposed setting up of Innovation Bank for new ideas, research findings and technologies to focus on ‘Quality’ in infrastructure development. Virtually addressing the inaugural function of the 222nd Mid-Term Council Meeting of the Indian Roads Congress (IRC), he said … Read more

SBG proposes reforms to help first-time buyers get onto the property ladder

Sesame Bankhall Group (SBG) and a group of mortgage advisers have set out a series of reforms and innovations that would help make it easier for first-time buyers to get onto the property ladder. In a new white paper, called Overcoming the challenges facing UK first-time buyers, the newly formed Industry Panel for Financial Advice … Read more

India proposes settling Russia trade in rupees as purchases rise: Report

India is proposing to settle trade with Russia in rupees, according to a person with knowledge of the matter, as the South Asian nation presses ahead with purchases of oil and weapons from the sanctions-hit country. New Delhi plans to use about $2 billion equivalent of rupees deposited at Russia’s state-controlled VTB … Read more

Maker founder proposes endgame, Singapore explores DeFi and more By Cointelegraph

Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more The past week in the decentralized finance (DeFi) ecosystem saw many new developments, including the rebirth of the 2.0 blockchain. Meanwhile, Binance’s incubation platform Binance Labs launched a $500 million fund to support and promote Web3 adoption. Singapore’s central bank partnered with JP Morgan … Read more

NRLA proposes property passports to ensure home quality

The National Residential Landlords Association (NRLA) has published proposals for the creation of a property passport, which it says would crack down on the availability sub-standard housing. This comes as the government says that the existing decent homes standard should include the private rented sector as well as social housing, which it currently covers. The … Read more

In bid to boost investment, PM Narendra Modi proposes ‘Japan Week’

Seeking greater investments in India, Prime Minister Narendra Modi on Monday proposed celebrating Japan’s contribution to the country’s development journey in the form of a Japan Week’. Modi chaired a roundtable with Japanese business leaders here in which top executives and CEOs of 34 Japanese companies participated. The majority of … Read more

Gaming industry in a fix after GoM proposes application of GST at 28%

The Indian gaming industry is in a fix after an empowered group of ministers (GoM) unanimously proposed a flat 28 per cent goods and services tax (GST) on gaming activities. Indian gaming companies and the industry body representing the industry had made representations for the continuation of an 18 per … Read more