Karnataka govt releases Rs 200 crore for rain relief, rehabilitation

As torrential rains continue to batter many parts of Karnataka on Saturday, the State government released Rs 200 crore to take up relief and rehabilitation operations, even as Chief Minister Basavaraj Bommai instructed constitution of two more State Disaster Response Force (SDRF) contingents. The Chief Minister, who has tested COVID-19 positive, held … Read more

FinMin releases 5th revenue deficit grant of Rs 7,183 cr to 14 states

The finance ministry on Wednesday released the fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for the current fiscal. The states for which Post Devolution Revenue Deficit Grant has been recommended by the 15th Finance Commission during 2022-23 are — Andhra Pradesh, Assam, Himachal … Read more

Biden’s adviser says oil reserve releases must end

One of Biden’s top energy aides confirmed Friday the administration won’t extend the oil releases from the Strategic Petroleum Reserve that are scheduled to end this fall. The Strategic Petroleum Release “was really a stop-gap measure,” says Amos Hochstein, Biden’s Special Presidential Coordinator for International Energy Affairs. “We can’t be an oil supplier. It’s a … Read more

Govt releases Natural Resource Accounting to track mineral, energy deposits

The Government Accounting Standards advisory board (GASAB) has come up with a Natural Resource Accounting (NRA) for tracking and maintaining the natural resources of India. GASAB had prepared templates for the asset accounts for mineral and energy resources which were field-tested and reviewed by the experts in the consultative committee. As … Read more

Govt releases list of 23 beneficiaries under PLI scheme for drones

The Ministry of Civil Aviation on Wednesday released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (PLI) scheme for promoting the manufacturing of drones and drone components in the country. The list released by the Ministry of Civil Aviation includes 12 drone manufacturers and 11 drone component manufacturers. … Read more

FEMA Releases Largest Update to its Mobile App in a Decade

The Federal Emergency Management Agency is releasing the largest update to its mobile application in a decade, the agency announced today. FEMA is releasing the app at the beginning of a hurricane season that experts predict will be above average and a wildfire season that’s already devastating, for example, In New Mexico. The update makes … Read more

Radware Releases Series III of Its Hacker’s Almanac

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content New field guide offers guidance on using actionable threat intelligence … Read more

IBBI releases discussion paper aimed at improving value of stressed assets

The Insolvency and Bankruptcy Board of India(IBBI) has released a discussion paper that seeks to improve the value of stressed assets and reduce delays in insolvency processes. The regulator has charted out certain activities under the insolvency process that can be done simultaneously as opposed to one after another. … Read more

PIMFA releases new reports to support D&I across industry

The Personal Investment Management & Financial Advice Association (Pimfa) has published two reports that aim to support firms improve diversity and inclusion across the industry in collaboration with Cicero/AMO. The first report outlines the regulatory expectations of the Financial Conduct Authority (FCA) as they are due to be applied to the wealth management and advice … Read more

ASIC releases draft cost recovery levies for consultation – Regulatory & Government – Insurance News

ASIC releases draft cost recovery levies for consultation 6 June 2022 The Australian Securities and Investments Commission (ASIC) has today released its draft Cost Recovery Implementation Statement (CRIS) for submissions. In the proposed CRIS for the 2021/22 financial year, the corporate regulator says it expects to recoup $332.3 million of regulatory costs via recovery levies … Read more